Category Archives: News

This is the category for the ‘recent news’ that feeds on the home page

How Arizona is cultivating a thriving restaurant scene

Arizona's restaurant industry has rebounded during the post-recession recovery, buoyed by the growing population and business-friendly environment, operators and industry experts say. The state's 9,310 restaurants have 223,500 employees, accounting for 11% of Arizona's employment, according to the National Restaurant Association. Read The Business Journals story here

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DealPoint Merrill plans $70M mixed-use space in Richmond Heights, Ohio

After purchasing the empty Sears and Macy's department store spaces at Richmond Town Square Mall in Ohio, DealPoint Merrill plans to renovate the space into a mixed-use development. The $70 million project will include ground-level retail space, along with a luxury, multifamily property, a hotel and a restaurant. Read the Commercial Property Executive story here

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Brooklyn’s Shore Theater to reopen as boutique hotel

New plans for the long-vacant Shore Theater building on the corner of Surf and Stillwell avenues in Coney Island do not include a theater. Read the Brooklyn Daily Eagle story here

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Retailers must meet Gen Z expectations

As Gen Z members become customers, retailers will need to change to meet their demands, including for multichannel commerce and fast shipping. To do so, retailers must consider that Gen Z members believe in authenticity, are dedicated digital users and multitask. Read the E-Commerce Times story here

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Empty anchor space at Southdale Center in Minn. to become athletic resort

Life Time and Simon Property Group are working to transform an empty anchor space at Southdale Center in Edina, Minn., into an athletic resort with a rooftop restaurant, beach club, pool, healthy cafe and spa. Life Time is developing similar projects in Los Angeles and Atlanta. Read the CoStar Group story here

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Texas city council approves $850M mixed-use development

The City Council in Frisco, Texas, approved a proposed $850 million mixed-use, 60-acre development near the Toyota's North American headquarters with hotel, residential, office and retail space. Read The Dallas Morning News story here

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Developers work on planned mixed-use space in Wash.

Developers are working on a new project in Walla Walla, Wash., that would include three structures for retail and lodging spaces. The area also calls for the addition of new tenants and restaurants, though they have not been named. Read the Walla Walla Union-Bulletin story here

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2 mixed-use developments proposed in Fla.

Doral, a rapidly-growing city in South Florida, could be the home of two new developments. The first would feature a 91,710-square-foot office building alongside 17,120 square feet of retail space and a three-story parking garage, while the other would feature nearly 20,000 square feet each of office and mezzanine space next to 60,712 square feet of warehouse space. Read The Business Journals story here

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East Ridge, Tenn., hotel proposal includes water park

A proposal could bring a new Marriott brand hotel complete with a 25,000-square-foot indoor water park to East Ridge in a more than $7.5 million project. Read the Chattanooga Times Free Press story here

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Rapid environmental study sought for Vt. capital hotel

Officials behind a planned hotel and garage development in Vermont’s capital say they are pushing for a speedy environmental review before they sign a contract with Hilton Hotels. Read The Associated Press story here story here

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