Shawmut Design and Construction has joined Draper and Wexford Science & Technology to break ground on the 111,000-square-foot Integrated Microelectronics Production & Advanced Chip Technology (IMPACT) Center in Lowell, Massachusetts.
Forty-five percent of mayors surveyed by Boston University say infrastructure is the most pressing issue, with roads, water and mass transit ranking as the top three individual priorities. However, some mayors do not appear willing to sacrifice parking space for electric-vehicle infrastructure. Read the CityLab
Hillsboro is getting a Japanese hotel. The 120-room Cedartree Hotel, an offshoot of the Japan-based Urban Hotel Group, is expected to open in 2021. Read The Business Journals story here
Baltimore’s grocery scene is poised to grow by two stores. German grocer Lidl, whose U.S. headquarters is in Arlington, Virginia, is set to open in Perry Hall and Catonsville in Maryland, expanding the chain into Baltimore County. And there’s more to come. Read The Business
TGI Fridays is betting big on customer-facing tech and a new version of its loyalty program to drive traffic and repeat visits. The restaurant chain will invest $3 million in new technology in 2020, bringing the total spend over the past few years to $33
The site of the former Eastland Mall, which closed in 2010, will be transformed into the new headquarters for Charlotte’s Major League Soccer expansion team. Crosland Southeast is seeking to rezone the vacant 77-acre plot, which also will include commercial space, houses and apartments and
Independent booksellers have grown and thrived in the shadow of Amazon by creating communities and offering specialized service and unique events, according to research by the Harvard Business School. Read the Harvard Business School Working Knowledge story here
Two Northwest Expressway hotels, once top destinations for both visitors and locals, are being brought back to life under new owners who are spending millions on extensive renovations not seen in years if not decades. Read The Oklahoman story here
The three active partners in Ace Hotel Group have consolidated ownership, worked out partnership issues and are primed to expand the brand in the US, European and Asia Pacific markets, with openings this year slated for Toronto and Kyoto, Japan. In addition, the company intends
Westfield Annapolis mall in Maryland will undergo a major renovation to add a pedestrian gallery, expand the entrance and convert the old Lord & Taylor space into a shopping district with experience-driven offerings, home design stores and boutiques. Read the Shopping Center Business story here
Fashion retailer Express will trim $80 million in costs over the next few years and close 100 of its approximately 600 stores under a new turnaround strategy, according to Women’s Wear Daily. The retailer also outlined other efforts including optimizing inventory, personalizing communications with customers
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