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.
Green Growth Brands has teamed with Brookfield Properties to open stores selling CBD-infused products at more than 70 Brookfield malls in 2019. Earlier this year the Ohio-based cannabis company announced plans to open 108 stores in malls owned by Simon Property Group. Read the CNBC
Four Seasons Hotels and Resorts announced plans for a new hotel in Minneapolis. Read the Frequent Business Traveler story here
Francesca’s plans to close at least 30 stores this year as sales plunged 13 percent during its first quarter. Read the San Antonio Express-News story here
The JW Marriott Houston by The Galleria has begun work on a $3.9 million renovation to its first-floor lobby and restaurant. Read The Business Journals story here
Millennials are more likely to choose a hotel or resort over services such as Airbnb or VRBO, saying they’re worth the added cost, according to a new survey of millennials in the Southwest. Nearly 40% of respondents believe Airbnb is “a cheaper, preferred option,” yet
A real estate team that includes developer Juli Kaufmann plans to renovate a historic mansion near downtown Milwaukee into a 17-room boutique hotel with a cocktail lounge. Read The Business Journals story here
A planned London skyscraper is being designed from the top down, and the entire roof will be a 360-degree infinity pool with unobstructed views on all four sides — as well as below. Compass Pools will craft the 158,503-gallon pool out of cast acrylic, and
There’s no looking back for Hilton as it celebrates its centennial, executives said in a recent interview highlighted by new brands Signia Hilton and Motto by Hilton and global expansion. Key growth areas are Latin America, the Caribbean and China, despite tariff challenges. Read the
Aww factor: In about two months the Best Friends Roadhouse and Mercantile, a pet-centric, 40-room lodge, opens in Kanab, Utah. Operated by Best Friends Animal Society, activities include volunteer opportunities and pet sleepovers. Read the Hotels Magazine online
Workout wear retailer Lululemon Athletica booked a 33% increase in first-quarter online sales and raised its guidance for the year on a stronger-than-expected quarter. The Canada-based company doesn’t plan to cut prices to compete and expects to grow with expansion into new product categories and
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