ALDI invests heavily in Minnesota expansion

ALDI has invested so heavily in the Minnesota market that it is likely to soon exceed the number of locations of locally based Cub Foods. ALDI has surpassed its anticipated $34 million investment in store openings and remodels in the state, with 25 stores already renovated and two more expected to be completed by the end of 2019. Read the Star Tribune story here

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Hard Rock ready to plant flag in Amsterdam

Hard Rock Hotel Amsterdam American is slated to open in 2020. Read the Travel Daily Media story here

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IKEA’s new London store stresses sustainability

IKEA opened its 22nd UK store this week, a 344,445-square-foot full-size location in London’s Greenwich borough. The store is focused on sustainability, with green spaces, green technologies and a Learning Lab to teach shoppers skills like growing food and extending the life of their purchases. Read the RetailGazette.co.uk story here

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Albertsons’ newest Idaho location showcases its future

The new Albertsons location near its Boise, Idaho, headquarters is a showpiece for how the company wants to win over customers with fresh food options and memorable food experiences. Read the Progressive Grocer story here

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Luxury hotel planned in Toronto

Riu Hotels and Resorts‘ $76 million, two-tower luxury hotel and residential project in Toronto is eyeing an opening in 2021. The complex will offer a gym, bar, restaurant and meeting rooms. Read the Daily Commercial News story here

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Grubhub to deliver Taco Bell, Dunkin’ orders

Taco Bell will offer delivery nationwide in partnership with Grubhub, and Dunkin‘ has launched a smaller delivery test with the third-party service, the companies said. The roster of restaurants using Grubhub’s service has grown from 80,000 to 105,000 since the end of 2017 and orders grew 31% in 2018. Read the CNBC story here

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FMI: Construction spending to reach $1.46T by 2022

Construction spending is set to reach $1.35 trillion in 2019 and increase to $1.46 trillion by 2022, according to FMI. While a downward trend is expected for multifamily construction this year and next, areas such as public safety, education, lodging and office will grow during the period, FMI says. Read the Building Design + Construction story here

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Pebblebrook places 3 D.C. hotels on the market

Pebblebrook Hotel Trust has put on the market three hotels in the desirable Washington, D.C., neighborhood of Dupont Circle. CBRE has listed the properties, which are the Madera, the Rouge and the Topaz. Read The Business Journals story here

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Simon Property Group to redevelop Ross Park Mall in Pittsburgh

After a Sears location closed, Simon Property Group announced redevelopment plans for Ross Park Mall in Pittsburgh. The company may add a two-story building; relocate the food court; create a “small shop” space; and add a movie theater, a fitness center and new restaurants, but city approval is necessary. Read the Tribune-Review story here

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Portugal attracting global hotel names

The Curio Collection by Hilton, Wyndham and Barcelo Hotel Group are among the leading hotel brands that have openings planned in Lisbon. Read the JLL Real Views story here

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