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.
Resorts World Catskills in New York has added the Crystal Life Spa, which features six treatment rooms. Crystal Life’s other spas are on cruise ships, and this is the first land-based spa in North America. Read the Spa Opportunities story here
Mandarin Oriental is opting for the safe bet over the big bet in South America. The luxury hotel operator is bypassing Sao Paulo, the region’s cultural and financial hub, in favor of the relatively sedate Santiago. The Chilean capital may not have the glitzy appeal
Well, that didn’t take long. Less than two weeks after the reopening of the Kentucky International Convention Center in downtown Louisville, a development group has submitted plans to build a 120-room hotel within easy walking distance. Read The Courier-Journal story here
Del Frisco’s Restaurant Group made Boston the first city to have two Double Eagle Steakhouses this summer, with the opening of a 17,603-square-foot Back Bay location. The company operates 15 Double Eagle restaurants, with plans for at least five more in the works. Read the
Middletown Mall in White Hall, W.Va., could be transformed into Middletown Commons, a proposed mixed-use space. The plan calls for a mix of restaurants, retail, office space and amenities. Read the WBOY-TV story here
Brookfield Property Partners is working to revitalize the 125-property portfolio it acquired in a $15 billion takeover of GGP, according to The Wall Street Journal. The company plans to reposition assets, including expanding high-performing and urban locations and incorporating office space and hotels in lower-performing
A new tenant has signed on to Miami Worldcenter, the ambitious 27-acre mixed-use project currently under construction in the downtown area. Read the Miami Herald story here
Lowe’s will shutter all 99 of its Orchard Supply Hardware stores by Feb. 1, as it focuses on “retail fundamentals” in its core home-improvement chain. The retailer will also drop plans for $500 million in capital projects and work to boost store productivity and customer
Marriott International announced the opening of its new 89-room boutique hotel, the Sarasota Modern—A Tribute Portfolio Hotel, in late 2018. The hotel is located in the “Rosemary District” of downtown Sarasota. An exact opening date will be announced in the coming weeks. Read the Travel
Sears Holdings is closing more stores. The company said this week it is shuttering 46 more stores in November. The locations are spread across the United States. Read the CNBC story here
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