Skip to main content

Development/Redevelopment

  • Primark sets the date for Boston

    New York -- Get ready for Irish fast-fashion.
     
    Value apparel retailer Primark, which  recently launched its U.S. website, announced it will open its first U.S. location, in Boston, on Sept. 10. The store measures 77,000 sq. ft. and is situated downtown in the Burnham Building, the site of the city’s iconic Filene's department store.

    Primark’s second U.S. outpost will open in King of Prussia mall. The retailer said it plans to open an additional eight stores over the next two years.

  • Why Costco should have a fear of France

    Lost jobs, ugly architecture, picky consumers and stiff competition are among the reasons why Costco may have a tough time achieving success in France, according to a Seattle Times report.

    The newspaper says the Washington-based retailer is building its first warehouse in France and envisions opening as many as 15 stores in that nation over the next 10 years. But whether Costco will succeed in attracting the French consumer is an important question.

    Read more by clicking here.

  • Washington Property Co. acquires $9.5 million Maryland shopping center

    Bethesda, Md. -- Washington Property Company announced it has acquired Ballenger Creek Plaza, a 75,527-sq.-ft. center located in Frederick, Maryland, for $9.5 million.

    “Washington Property Company is excited about expanding its retail portfolio with the acquisition of Ballenger Creek Center,” said WPC president Charles K. Nulsen, III. “We plan to renovate and reposition this neighborhood center in the growing submarket of southwestern Frederick.”
     

  • Amazon to open first Chicago center

    Seattle -- Amazon continues to expand its already formidable fulfillment center.

    The online giant plans to open a nearly 500,000-sq.-ft. center in Joliet, Illinois. The site, which will create 1,000 full-time jobs when it opens, is the company’s first in the state.

  • Chick-fil-A to make Manhattan debut in a big — and green — way

    New York -- Chick-fil-A is set to open its largest location to date in one of the nation’s busiest cities.

    The quick-serve restaurant chain will open its first freestanding location in New York City, at the corner of West 37th Street and 6th Avenue in the Garment District, on Oct. 3. The three-story, 5,000-sq.-ft. restaurant will be Chick-fil-A's largest in the country and will be independently owned and operated by local resident Oscar Fittipaldi.

  • Amazon aims for faster, better in Chicago

    Amazon.com is planning to make its deliveries to Chicago area customers a lot faster and more efficient with the opening of a new distribution center.

    The retailer plans to open a nearly 500,000-square-foot fulfillment center in Joliet, Ill. The site, which will create 1,000 full-time jobs when it opens, is the company’s first in the state.

  • Breach hits Sally Beauty Q3 profit; will close 16 German stores

    Denton, Texas – Sally Beauty Holdings is feeling the impact of its data breach.

    Costs related to a data breach discovered in May 2015, as well as higher selling, general and administrative (SG&A) expenses, helped reduce profit at Sally Beauty during the third quarter of fiscal 2015. Net earnings fell 8% to $62.46 million, from $67.76 million the same period a year earlier.

  • First ground-up development planned as Conscious Place Initiative for Texas developer

    Fort Worth, Texas -- Trademark Property Co. announced its Waterside mixed-use development, located in Fort Worth, Texas, will be the first ground-up project developed as part of Trademark’s Conscious Place initiative; a stakeholder-driven development model that aims to ensure that its properties are more than just places of commerce, but also places of community and meaning.

X
This ad will auto-close in 10 seconds