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.
Kohl’s will trim selling space and reduce the number of products available at about half its stores and focus more resources on digital retail, the company said. The retailer has already remodeled about 300 of its more than 1,100 stores, and it will also open
A parking lot in the middle of Market Street may soon become a hotel that developers say will rival a Ritz Carlton. Read the WCSC-TV story here
The new hotel and conference center, across from Kyle Field is still right on track to be completed next year. This hotel and conference center has been worked on for months with 200 workers every day seven days a week. Read the KAGS-TV story here
Hotel Chaco has opened in New Mexico with 118 guest rooms. The property features Native American art and architecture inspired by the nearby Chaco Canyon, a UNESCO World Heritage Site. Read the Commercial Property Executive story here
Caribou Coffee will acquire Bruegger’s Bagels, a 269-unit chain, for an undisclosed amount. Caribou Coffee parent JAB Holding Co. is the owner of a growing portfolio of restaurant brands including Panera Bread, Krispy Kreme Doughnuts and Einstein Noah Restaurant Group. Read the Nation’s Restaurant News
Target has completed a $10 million makeover of its downtown Minneapolis store, and the new look reflects the retailer’s focus on the shopping experience in the digital age. Specialty lighting replaces fluorescent bulbs, beacons let shoppers open in-app maps to navigate the store, and the
H&M will open the first of two planned Arket stores in London, in a former Banana Republic store on Regent Street. The flagship will feature wardrobe basics for adults and children at price points a bit higher than H&M’s. Read the Women’s Wear Daily story
Several former New York City restaurants are gearing up to reopen in new locations, including La Goulue, which will return to a spot a few blocks from the Upper East Side location where it operated until it lost its lease in 2009. Other eateries set
It’s a hotel for rock stars – and anyone else who wants to stay there. Rock Lititz revealed plans for a five-story, independently owned hotel on its 96-acre campus. The 92,000-square-foot lodging will boast two penthouses for stars who use Rock Lititz’s rehearsal studio, as
Record tourism and pent-up demand left over from the Great Recession are helping to fuel a hotel building boom across southwestern Utah, according to a new analysis on the local market. Read The Spectrum & Daily News story here
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