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.
Nordstrom booked record sales last year, and it’s sticking with expansion plans that call for eight department stores in Canada and three new U.S. locations by 2019. The newest store in Toronto boasts a mix of mid-priced and high-end fashion and beauty brands and perks
New York-based fashion retailer Kenneth Cole Productions will shutter its 63 outlet stores over the next six months. Two full-line U.S. stores will stay open and the brand will continue selling through other retailers and focus on building its online and international retail presence. Read
An Apartment Investment and Management Co. (Aimco) unit is proposing to build a 61-story tower and hotel in the Brickell district of Miami. It also wants to renovate an adjacent 32-story, 634,081-square-foot apartment building at the site, for a total project footprint of 1.61 million
The Four Seasons Hotel & Private Residences is bringing a 130-room hotel with 90 residences to Fort Lauderdale, Fla. Construction is scheduled to start next year. Read TheRealDeal.com story here
Wegmans will open its latest store in Charlottesville, Va., this Sunday, bringing its size and reputation to another new market. The store will be the largest in the area at more than 120,000 square feet, and it will boast a coffee bar, food bar and
Burger King is setting its sights on growing its own brand in Canada as it continues to take Tims international. Read the Waterloo Region Record story here
Planned hotel units in New York City so far this year exceed 2015’s total by nearly 50%, an analysis of city data shows. Projects were slashed by nearly half last year after four straight years of growth. Read The Real Deal story here
Vancouver, B.C.-based American Hotel Income Properties REIT LP has bought four Marriott-branded hotels from Chattanooga, Tenn., developer 3H Group for $47 million. The buyer plans upgrades in the properties, two of which are in Chattanooga, while the other two are in Florida. Read the Chattanooga
An Apartment Investment and Management Co. (Aimco) unit is proposing to build a 61-story tower and hotel in the Brickell district of Miami. It also wants to renovate an adjacent 32-story, 634,081-square-foot apartment building at the site, for a total project footprint of 1.61 million
The Four Seasons Hotel & Private Residences is bringing a 130-room hotel with 90 residences to Fort Lauderdale. Construction is scheduled to start next year. Read TheRealDeal.com story here
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