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$1B medical complex with hotel planned in Miami

Site clearing is expected to begin this year for a $1 billion medical complex in Miami. The Highland Park Miami complex to be designed by architecture firm Arquitectonica will span 500,000 square feet and include a hotel and 1,000 residences in a 7-acre expansion of

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Jenni Kayne doubles retail locations in the South

Jenni Kayne stores opening in Nashville, Tennessee and Charlotte will offer the lifestyle brand’s full line of accessories, apothecary, apparel, home goods and skin care. The brand will have four stores in the South, with locations in Atlanta and Houston, and 23 overall. Yahoo

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Luxury retailers grow their presence in the US

LVMH, Richemont, Kering and other luxury conglomerates and brands grew their US retail footprints by 650,000 square feet in the past year, as luxury sales in the market increased 9% from the previous year to $70 billion, according to a report from JLL. Luxury brands

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Marriott unveils Four Points Express by Sheraton

Marriott International has announced a new midscale hotel brand called Four Points Express by Sheraton that will be located in the Europe, Middle East and Africa region. Agreements have already been signed for three properties in the UK and Turkey, and there are additional signed

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Burger King, franchisees to buy 70 units

Burger King will pay $4.4 million to acquire 29 of its namesake units in Utah and Montana from franchisee Meridian Restaurants Unlimited, which sold 70 of its 91 locations in a bankruptcy court auction. Four franchisees also submitted winning bids for some of the units,

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Macy’s maps out its small-format strategy

Macy’s opened a new small-format store in Indiana last month and three more are slated to debut, bringing the total to 12 under the department store retailer’s namesake and Market by Macy’s banners. The stores are about one-fifth the size of a traditional Macy’s department

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Addition of hotel planned at Bally’s Kansas City

Bally’s Kansas City in Missouri is interested in building a 123-room hotel in conjunction with True North Hotel Group, pending the execution of amendments to the casino’s lease terms. The casino recently unveiled a $50 million expansion, and the company’s master plan includes the addition

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