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Hospitality

  • New retailers and restaurants to open at LaCenterra

    Katy, Texas -- Houston-based Vista Equities Group said that a lineup of new retailers and restaurants will open at its mixed-use development in Katy: LaCenterra at Cinco Ranch.
     
    Three new retailers opened for business in fourth quarter 2012, and six others have plans in place for first and second quarter openings this year. Lease locations include existing retail space in Phase I and in the new Phase II-A, currently under construction.
     

  • Swire Properties, Bal Harbour Shops to co-develop Brickell City Centre retail

    Miami -- Swire Properties and Bal Harbour Shops announced Wednesday they have agreed to an equity partnership to jointly develop the retail component of Brickell City Centre, currently under construction in the Brickell financial district of downtown Miami.

    The 2.9 million-sq.-ft. Brickell City Centre will include 500,000 sq. ft. of high-end retail along with condominiums and hotel slated for completion in latter 2015.
     

  • Bob Evans to sell off 145-unit Mimi's Café for $50 million

    Columbus, Ohio – Bob Evans Farms said Tuesday it will divest its Mimi’s Café restaurant chain, selling it to LeDuff America – owner of Bruegger’s Bagels – for $50 million.

    LeDuff America, a subsidiary of French bakery conglomerate Groupe LeDuff SA, will add the 145 Mimi’s units to its current portfolio of café-bakeries and coffee shops, including La Madeleine Country French Cafe, Brioche Doree, Bruegger's Bagels, Timothy's Coffee and Michel's Baguette.

  • Starbucks targeting drive-thru format for growth in U.S.

    New York -- Starbucks Corp. is expanding its drive-thru format, the chain said in its first-quarter earnings call. According to company officials, more than half of the approximate 1,500 new locations it plans to open in the United States during the next five years will be drive-thrus.

    Starbucks plans to remodel about 1,400 U.S. locations in 2013. Roughly 500 of those locations will receive a major overhaul.

  • Home Depot Center to potentially be renamed

    Carson, Calif. -- A Friday report by the Associated Press said that the home of Los Angeles’ professional soccer team will likely be getting a new name.

    The Home Depot Center, which also includes facilities for tennis, track and field, baseball, basketball and other sports, as well as serves as an official training site for U.S. Olympians, is nearing the end of the $70 million, 10-year naming rights period, and Home Depot spokeswoman Jean Niemi told AP that the retailer does not plan to renew the deal.

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