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.
Puma opened its first New York City store on Fifth Avenue. The 18,000-square-foot, two-story flagship will feature sneakers and gear for a range of sports and activities, and it will include some items that are exclusive to the Manhattan store. Read the CNBC story here
Subscription clothing rental service Le Tote will acquire Lord & Taylor from Hudson’s Bay Co. in a deal valued at $100 million, the companies said Wednesday. The deal, which is contingent on Le Tote securing financing within 45 days, includes the Lord & Taylor brand
Construction spending inched up less than 0.1 percent in July from June but slipped from year-ago levels, as a weak single-family homebuilding market and declines in some private nonresidential segments masked gains in public and multifamily construction, according to an analysis today by the Associated
Caribou Coffee has created a drive-thru and walk-up concept called Caribou Cabins, designed for customers looking to grab coffee on the go. The 600-square-foot shops won’t have indoor seating and will be the first location for the chain’s launch of its new Caribou Bou-sted line
Two developers seek to partner with Dania Beach, Florida to build a $634.2 million multiuse project that would include a $30 million municipal government facility. Read The Business Journals story here
Hawaiian, Ethiopian and Scandinavian concepts are among the fastest-growing restaurants in the U.S., along with cafes, wine bars and brew pubs, according to Datassential. Meanwhile, new openings of traditional bars and grills, British concepts and fondue eateries are on the decline. Read the Plate online
Virtua Partners has purchased the Courtyard by Marriott in downtown Winston-Salem, North Carolina. The 126-room hotel is currently under construction and will open in Q1 2020. Read the GlobeSt story here
Meijer is preparing to open a smaller-format store called Woodward Corner Market in Michigan as part of a plan to open six urban stores by 2021. The store will feature a coffee shop and highlight fresh food and local items, as well as larger brands.
Los Angeles mall owners are updating their properties with upgrades, trendy new tenants, entertainment options and restaurants. Century City embarked on a $1 billion renovation that added an Eataly, the Beverly Center spent $500 million to shift its focus to food offerings and the Citadel
After years of success in the restaurant world, Sam Fox is looking to dive deeper into the hospitality industry by developing a new hotel. Read The Business Journals story here
Sign up for our eblasts to get updated information, news and opportunities.
Always stay two steps ahead of your Competitors. Stay informed with the latest in the Industry.
This site uses cookies to ensure that you get the best user experience. By choosing “Accept” you acknowledge this and that ccr-mag.com operates under the Fair Use Act. Furthermore, Changing privacy laws now require website visitors from EEA based countries to provide consent in order to use personalized advertising or data modeling with either Google Ads & Analytics. Find out more on the Privacy Policy & Terms of Use Page