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.
The Fashion Mall welcomed Indiana’s first Peloton store, which offers home fitness bicycles and treadmills. The retailer will host an in-house showroom event this week that allows shoppers to reserve a personalized tutorial online. Read The Indianapolis Star story here
Virgin Hotels has opened its second U.S. property, in San Francisco. The 10-story lifestyle hotel has 192 rooms and two penthouse suites, three F&B outlets including Everdene, a rooftop bar and lounge, and the Funny Library Coffee Shop, a communal workspace. Read the Hotels Magazine
The developers behind Union Row now own the entire 11 acres they said would be part of the development’s first phase. Read The Business Journals story here
Cambria Hotel, a brand of Choice Hotels, is entering Houston with the redevelopment of the art deco-style Great Southwest Building. Read the Houston Chronicle story here
The $1.3 billion Belmont Park project, which will sit on 43 acres of state-owned property in Queens, was approved by Empire State Development. The 19,000-seat arena and hotel, to be built by owners of the Mets and Islanders, is expected to open by 2021. Read
Luxury jeweler Tiffany & Co. will form a joint venture with Reliance Industries’ retail division to open its first stores in India. The first two stores are slated to open next year in Mumbai and Delhi. Read the Bloomberg story here
After more than four decades, Black Angus Steakhouse has closed its doors in Pleasant Hill as the city considers a proposal to place a 155-room hotel on the property. Read the Contra Costa Times story here
The Courtyard San Francisco Downtown will undergo a $30 million makeover and reopen as The Clancy in a Texas-based owner’s bid to stay abreast of the highly competitive SoMa market. Braemar Hotels & Resorts plans to keep the 410-room hotel open through the renovation, expected
The Patina Restaurant Group will shutter the Rock Center Cafe, Cucina & Co. and The Sea Grill when their leases at New York City’s Rockefeller Center expire at the end of the year. Property owner Tishman Speyer Properties is exploring new partnerships and concepts to
Boston’s malls have been changing with the times, and its downtown storefronts are also remaking themselves with experiences designed for today’s shopping habits. Interactive game rooms including Trapology and Room Escapers have opened, and food halls, coworking spaces, museum spaces and spaces designed with social
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