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.
Macy’s has sold five stores in five states to mall operator General Growth Properties. An Oklahoma City store has closed, a location at Tysons Galleria in Virginia will continue operating under a lease with the mall, and stores in North Carolina, Wisconsin and Kentucky will
The Furnace Creek Resort in Death Valley National Park will expand to year-round service after a $50 million renovation that will begin in 2017. A wellness center, more luxury two-room casitas and a town hall will be among the new highlights. Read the Los Angeles
The McCamly Plaza Hotel in downtown Battle Creek, Mich., will be rebranded in 2017 as a DoubleTree by Hilton property. Operator Innisfree Hotels of Gulf Breeze, Fla., plans a $3.5 million renovation. Read the Battle Creek Enquirer story here
A two-tower, mixed-use project designed by the Bjarke Ingels Group is planned in New York City. The $1.9 billion project will be built with sustainability in mind and will include a Six Senses Hotel Resort and Spa, plus residential units and retail and meeting space.
Vegan fast casual chain Veggie Grill has raised an additional $22 million from investors for expansion outside of the West Coast, potentially allowing it to double its stores by 2019. Veggie Grill hopes to branch out to airports and university food courts and will soon
Construction spending remained in a yearlong holding pattern in September as declining public outlays offset strong growth in multifamily spending and several private nonresidential categories, according to an analysis by the Associated General Contractors of America. Association officials said declining investments in public infrastructure are
The Fresh Market will roll out a revamped look including a new logo, 1,300 new products and hundreds of price cuts at three stores in North Carolina’s Charlotte and Raleigh/Durham markets next week. Owner Apollo Global Management plans to expand the new format to 13
The Destiny USA development in Syracuse, N.Y., will include the $48 million Embassy Suites by Hilton Syracuse hotel. The hotel is connected to a shopping, dining and entertainment center. Read The Post-Standard story here
Management provider OTO Development has five new Florida and Mid-Atlantic property management contracts. The South Carolina company focuses on upscale select-service brands, primarily Hilton, Hyatt and Marriott. Read the Commercial Property Executive story here
Amazon plans to launch 20 experimental AmazonFresh grocery stores by the end of 2018 and grow to as many as 2,000 in the next 10 years, according to company documents. The company will test different formats and features including a members-only program, drive-thru pickups and
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