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.
Four-year-old fine jewelry brand Mejuri is expanding its brick-and-mortar retail offerings with the creation of The Mejuri Studio. Previously, the brand’s three showrooms only allowed customers to place online orders, but the new hybrid model will give them the option of buying items in the
Officials from Universal Orlando Resort are planning the theme park’s eighth hotel, Universal’s Endless Summer Resort — Dockside Inn and Suites, will open on March 17, 2020. Read the TravelPulse story here
A new hotel with meeting space and a biergarten could rise in Sandy Springs near the headquarters of Mercedes-Benz U.S.A. Read The Business Journals story here
Volkswagen has celebrated the beginning of construction on an $800 million expansion at a plant in Chattanooga, Tennessee, that will produce electric vehicles. The expansion will add 564,000 square feet to a body shop and a 198,000-square-foot facility for battery-pack assembly. Read The Associated Press
Disney Corp.’s gargantuan Paris presence will be further enhanced in 2020 with a $2.2 billion expansion that will include an original hotel transformed into a comic-book universe. Disney’s Hotel New York-The Art of Marvel dates to the 1992 opening of Disneyland Paris (with a Big
Amazon has opened its first Amazon 4-star store in the Chicago market in a former Sears space at the Oakbrook Center mall. It’s the seventh location of the store concept, where shoppers can return items ordered on Amazon and shop for products rated with at
Construction is underway on a seven-story independent hotel in Denver’s River North Art District, with a projected opening in 2021, according to Property Executive. The project by Sage Hospitality, Walnut Development Partners and EXDO Development offers a 5,000-square-foot lobby, a restaurant, various amenities and 3,300
The third quarter produced the lowest growth rate in revenue per room for US properties since the start of the recovery period from the recession in 2008, according to PwC. Supply growth surpassed demand, contributing to a RevPAR increase of less than 1%. Read the
Members of Generation Z were raised with digital technology but prefer to do their shopping in stores, according to NPD Group data. Consumers age 22 and under are less likely to have credit cards and they’re also more likely to see in-store shopping as entertainment.
A deal to take TGI Friday’s public will bring changes for the casual dining chain, starting with a plan to reinvest in the bar and happy hour business. Global growth is also a top goal, as are expansion of branded offerings for retail and improvements
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