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Development/Redevelopment

  • Online giant to open machine learning hub in Barcelona

    Amazon is stepping up its commitment to machine learning.   The online giant plans to open a new research and development (R&D) hub in Barcelona, dedicated to machine learning. Amazon expects to open the lab in early 2018, according to The Verge.   Amazon plans to hire more than 100 engineers and scientists for the lab.   
  • Fast-casual concept has big ambitions

    A start-up that specializes in melted-sandwiches made from high-quality ingredients is looking to go nationwide.   Melt Shop hopes to grow to 100 locations during the next five years across the U.S. and internationally via franchising, The brand, founded in 2011 in New York, currently operates six corporate-owned locations in New York, one at Mall of America, Bloomington, Minn., and one in King of Prussia, Pa. It recently expanded into the Middle East and will open seven locations in the region, with four opening in Kuwait by March 2018.
  • Amazon on hunt for location to build a second North American headquarters

    The search is on for Amazon.    The e-commerce giant is currently evaluating where it will open its second company headquarters in North America. The new office, referred to as "HQ2," will be a complete headquarters — not a satellite office. It also could have a similar layout to Amazon's Seattle campus, which employs 40,000 people, and encompasses 8.1 million sq. ft. with 33 buildings, including 24 restaurants.  
  • Report: The cities that line up with Amazon's headquarters criteria are...

    It didn't take long for cities across North America to throw their hat in the ring when Amazon announced it had initiated a search for a city in which to build a second headquarters.    In seeking proposals, Amazon laid out some very definite criteria, including population requirements (one million or more). CNBC examined the criteria and suggested that five cities are worthy of a close look by Amazon: New York, Atlanta, Chicago, San Francisco and Boston.   
  • E-commerce leader to open robotics-based depot in the Big Apple

    Amazon is expanding its distribution fleet to the Empire State.   The online giant plans to open a new 855,000-sq. ft. fulfillment center in the New York City borough of Staten Island. The facility, which is Amazon’s first fulfillment center in the state, will pick, pack and ship customer items, such as household essentials, books and toys.  
  • First Look: Amazon Books, Manhattan

    Eleven and counting. That's where Amazon Books stands with the opening of its newest outpost.  
  • Report: Alibaba to open a physical mall in China

    An e-commerce giant is making a big push into the brick-and-mortar world.    Alibaba, China’s largest online sales platform, is building its own shopping mall, with a goal of enriching the real-world shopping experience with technology and convenience, reported MarketWatch.  
  • Pep Boys makes acquisition

    Pep Boys is expanding its national service center footprint in the Phoenix area.   The company, a wholly-owned subsidiary of Icahn Automotive Group, has entered into a definitive agreement to acquire Advanced Auto Service & Tire Centers. Advance operates 15 service centers in Arizona, with the majority in the Phoenix area. The Advance locations will be transitioned to Pep Boys Service & Tire Centers.  
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