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.
Five Below will open a store on Manhattan’s Fifth Avenue, bringing the discount retailer’s presence to all five of New York City’s boroughs. The two-story shop will open in November a short distance from the former Manhattan Toys R Us flagship. Read The Philadelphia Inquirer/Daily
The 242,000-square-foot renovation of Staten Island Mall in New York is helping bring in new restaurant and retail concepts to meet changing consumer demand. The developers focused on new and increasing food demand, providing services to encourage longer stays, such as a movie theater. Read
The opening day for the first IKEA store in India has been changed from July 19 to Aug. 9. The delay comes as IKEA looks to put the final touches on the building, in order to produce the best experience for customers. Read The Economic
Hotel investors are looking beyond Miami for opportunities in Florida and finding potential for higher yields in the Fort Lauderdale area. The South Florida market saw revenue per available room growth of 9.2% from last September to February, according to STR. Read the Hotel News
A PwC report says hotel chains are likely to expand in Africa over the next five years, fueled by growing visitor numbers. Read the Hotel Management online story here
Retailers and grocery stores are moving rapidly to open more fulfillment centers to respond to consumers’ expectations and in some cases are converting closed stores into distribution centers. According to a National Retail Federation survey this year, 42% of retailers cited faster delivery of online
Los Angeles will soon be home to the fourth Crack Shack location, and a fifth unit of the upscale fast-casual concept scheduled to open in Pasadena in October. The San Diego-based brand will continue growing with a new Northern California restaurant and its first out-of-state
H Hospitality Collection has signed on to manage a 650-key property set to open in Makkah, Saudi Arabia, in 2020. Read the Hotelier Middle East online story here
Officials plunged ceremonial shovels into the dirt at the future site of Live! by Loews at Ballpark Village. The $65 million hotel, at the corner of Clark and 8th streets, is part of the $260-million, second phase of the development. The hotel is a part
The long-dormant Guernewood Park hotel project is back with a potential new owner hoping to build the riverfront resort on nearly 10 acres west of Guerneville. Read the Sonoma West Times and News
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