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.
Lowe’s will consider options for shedding its 13 stores in Mexico as part of an ongoing streamlining process. In the United States market, the home-improvement retailer plans to leave contracting service Alacrity Renovation Services and Iris Smart Home, a smart home app. Read the Reuters
Palisociety hotel group announced Friday that it will open its Palihotel Culver City on December 29, just in time for New Year’s Eve. The project will refurbish an existing, 49-room hotel that sits right behind the city’s ArcLight Theater and a short jaunt from the
Cartier will close its temporary store on Fifth Avenue in New York City on Christmas Eve and reopen in a 4,669-square-foot space at the Shops & Restaurants at Hudson Yards next year, according to Women’s Wear Daily. The new shopping center will be anchored by
Kroger plans to build the first of its high-tech fulfillment centers from its partnership with the UK’s Ocado in the Cincinnati area, executives said. The 335,000-square-foot facility will make extensive use of robots and digital technology to boost efficiency, and is the first of 20
A new hotel is designed to add to the “Street Business and Culture Corridor” in Albuquerque. The Indian Pueblos Marketing broke ground on a new Marriott Hotel across from the Indian Pueblo Cultural Center. Read the KRQE-TV story here
Maplewood Mall in Philadelphia will get new landscaping, plaza updates and new signs through a $3.3 million investment from the city. The area lacks large retailers in favor of smaller organizations and a quiet, brick-paved layout. Read The Philadelphia Tribune story here
A Texas-based developer hopes to convert much of the Ohio Bell Building in downtown Cleveland into a Canopy by Hilton hotel, in a project that could breathe life into a prominent but long-dormant property. Read The Plain Dealer story here
Home-building giant Lennar Corp. just secured a prime site in Alpharetta along Georgia 400. An affiliate of the Miami-based company, Lennar Georgia Inc., paid $5 million for about 22 acres south of Haynes Bridge Road, according to Fulton County property records. The transaction closed Oct.
Hotel room occupancy averaged 66.7% in the 12 months ending in September, the strongest demand ever, according to a CoStar Portfolio Strategy study. Demand for rooms is expected to remain strong as the number of rented rooms increased by 2.5% during that 12-month period, while
A tri-branded Hilton in Chicago this month celebrated its grand opening after initially accepting guests in August. Read the Asian Hospitality story here
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