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.
Airports with modern amenities and a wide selection of food and retail options attract passengers, who spend money that can be used in part to keep airline fees to a minimum. The lower fees entice more airlines, further benefiting the airport, travelers and retailers. Read
RXR Realty and BSE Global are collaborating on a $1.5 billion mixed-use project to build out 72 acres of undeveloped space around NYCB Live’s Nassau Coliseum in Uniondale, N.Y. The project will feature 600,000 square feet of office and biotechnology research space, 200,000 square feet
The 389-key Mandarin Oriental Hotel on the Las Vegas Strip is being rebranded as a Waldorf-Astoria. The move marks the Waldorf name’s entrance into the Las Vegas market. Read The Associated Press story here
The upsurge in Atlanta’s meetings and conventions is being met with a host of new hotels and meeting venues that have recently come online or are in the development stages. Read The Business Journals story here
It worked so well the first time, NAI Highland LLC decided to do it again. John Egan and his property management company are about 30 days away from beginning construction on the Plaza at Barnes West—a new business development that will include a gas station/convenience
US-based retailer DSW will close all 38 Town Shoes stores in Canada early next year and intends to find jobs for the chain’s 400 employees at its other banners, including Shoe Warehouse and Shoe Company. Town Shoes launched in 1952 in Toronto and was acquired
Thursday’s reopening of the 177-key Hawks Cay Resort on Duck Key raises the operational rate of the Florida Keys’ hotel inventory to 90% nearly a year after Hurricane Irma. The resort’s $50 million restoration includes amenities aimed at high-end travelers such as a relaxation space
Despite a 1% drop in private nonresidential construction spending between June and July, overall construction spending rose 0.1%, which elicited an optimistic yet cautious response from the Associated General Contractors of America. Read the Reuters story here
Roseville soon will get a new hotel just off Interstate 35W. The planned four-story, 86-room inn will likely be an Avid hotel, a new midscale brand by the owners of Holiday Inn. Read Star Tribune story here
This week, Stater Bros. is unveiling store remodels at four Southern California locations, following five others earlier this summer. The locations feature wider wine selections and more grab-and-go items, along with new lighting and flooring. Read the Supermarket News story here
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