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.
Independent bookstores weathered the rise of big chains Borders and Barnes & Noble and the emergence of Amazon, and membership in the American Booksellers Association has grown to 1,835 from 1,401 in 2009. Read The Olympian story here
High-end safari favorite andBeyond is getting ready to bring the full force of its brand of luxe getaways out of Africa for the very first time. The company, which has been operating guided tours in South America over the past three years, will open its
Modus Hotels and Parkway Corporation began development on Pod Philly, Philadelphia’s first micro-hotel, together with Philadelphia Commerce Director, Harold Epps. Modus Hotels, a developer, owner and operator of a collection of lifestyle hotels in Washington, D.C.; Baltimore; Chicago; and Philadelphia, partnered with Parkway Corporation, a
A groundbreaking ceremony was held at the Denver International Airport for a $1.5 billion expansion. The project will add 39 gates and additional amenities, such as restaurants, shopping and outdoor space. Read The Denver Post story here
The Cote Family Cos., owner of Minnesota’s Grand View resorts in addition to children’s camps and a ranch in Arizona, is investing $30 million to update facilities and add activities. Older resorts across Minnesota are following suit. Read the Star Tribune story here
An old by-the-hour New Orleans motel has been transformed into a trendy destination by developers and designers who managed to preserve historical features on a budget. The Drifter Hotel gives “a nod to 1950s midcentury architecture.” Read The Architect’s Newspaper story here
McDonald’s has launched a breakfast catering test at 195 Orlando, Fla.-area restaurants, with orders available for pickup or delivery via UberEats. The catering menu includes more than 12 pre-planned trays of breakfast items, including Egg McMuffins and pancakes, as well as the option to create
IKEA has dropped plans to open new stores in North Carolina, Arizona and Nashville as the Sweden-based furniture retailer shifts more of its resources to expanding e-commerce. Read the USA Today story here
Newmark Group aims to expand its retail services platform with the acquisition of RKF Retail Holdings. RKF specializes in retail leasing, consulting and investment services to both U.S. and international tenants and property owners. Read the CoStar Group story here
Sears will close another 72 stores this year, representing about 8% of its remaining 899 locations. The retailer, which booked first-quarter same-store sales declines of 13.4% and 9.5% at Sears and Kmart respectively, has shuttered about 530 stores in the past 12 months. Read the
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