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.
American Apparel will close nine underperforming stores by the end of December and hold an auction for about 90 more locations next month, The Wall Street Journal reports. Canada’s Gildan Activewear made a $66 million bid to buy the American Apparel brand, but the offer
Nordstrom will expand the size of the menswear department at its planned New York City flagship by nearly 4,000 square feet, bringing the overall space to 46,991 square feet and giving the retailer a bigger presence on Broadway. The store, a mix of historic buildings
Tampa, Fla., has chosen New Orleans-based HRI Properties to build a downtown tower with a 223-room Hyatt Centric hotel and 225 luxury residences. Groundbreaking is planned for the latter half of 2017. Read the Travel Weekly story here
The William Vale Hotel, which opened in September, is the first of three new hotels coming to New York’s Brooklyn borough. The property has 183 keys. Read the Forbes story here
A trio of buildings anchored by a cultural center aims to reenergize a neglected beachside district. Read the Architectural Record story here
The Cheesecake Factory is expanding beyond its flagship brand by developing a fast-casual concept, and the company will open a second unit of its RockSugar Pan Asian Kitchen next year. The company recently invested in the North Italia and Flower Child concepts founded by Fox
McDonald’s will install a ground-floor restaurant as part of its new headquarters in Chicago’s West Loop. The building is anticipated to open in spring of 2018 and house 2,000 employees, Hamburger University and test kitchens. Read the Chicago Sun-Times story here
The Stella is scheduled to open in March near College Station, Texas. The 176-room property will be managed by Trust Hospitality and will include a restaurant serving locally inspired dishes. Read the Houston Chronicle story here
Atlantis Resorts is preparing to build its first property in the United States now that it’s created a business entity in Hawaii. The plan calls for a 26-acre property near Ko Olina Resort. Read The Business Journals story here
Wal-Mart Stores has opened a 4,000-square-foot grocery pickup and gas store in Thornton, Colo., the second location for the company’s newest retail concept. The retailer will fulfill online orders from a nearby full-line Wal-Mart store, and shoppers who place their orders online by 1 p.m.
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