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Today in the news

Developers to break ground on LA retail property in August
posted on Jun 14 19

A 94,000-square-foot retail project called The Shops at Sportmen’s Lodge is coming to Los Angeles. Construction will begin in August for an estimated fall 2020 opening. Read the Shopping Center Business story here

Posted by: Mike Pallerino
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August debut set for Philadelphia’s Four Seasons Hotel
posted on Jun 14 19

Four Seasons Hotels and Resorts announced the planned opening of the new Four Seasons Hotel Philadelphia at Comcast Center to take place on August 12. Read the Frequent Business Traveler story here

Posted by: Mike Pallerino
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Aimbridge Hospitality joins Plano, Texas, complex
posted on Jun 14 19

A planned Plano office project has already landed its first major tenant. Developer Cawley Partners plans to break ground in September on its HQ53 office building in Plano’s Legacy business park. Read The Dallas Morning News story here

Posted by: Mike Pallerino
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Maine college plans $26M hotel to honor local history
posted on Jun 14 19

Colby College announced that a $26 million hotel that will reflect the city’s history in both name and style will break ground next month at the south end of Main Street and open in the fall of next year. Read the Portland Press Herald story here

Posted by: Mike Pallerino
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ALDI catching up to Walmart, Kroger in grocery
posted on Jun 13 19

ALDI is slated to become the third-largest grocery chain in the United States after Walmart and Kroger, following a $5 billion plan to grow from 1,900 to 2,500 stores by the end of 2022. As part of the expansion, the German discount grocer has opened a store in Walmart’s hometown of Bentonville, Ark. Read the CNN story here

Posted by: Mike Pallerino
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