Tuesday, February 24, 2015

New England News

A contemporary 200-room AC Hotel by Marriott boutique hotel is planned for Boston’s Ink Block project, with a 2017 targeted opening. AC Hotels started in Europe in 1998 before affiliating with Marriott in 2011. The chain has one US hotel, in New Orleans, with others slated to open this year in Washington, D.C., Miami Beach and Kansas City...Kings Burlington (MA) opened this month, nine months after a fire destroyed the venue within days of its originally scheduled April, 2014 opening. At 30,000 s/f, this Kings location, in the new 3rd Ave. development, is the largest of the bowling & entertainment chain’s 3 in MA...An affiliate of Bierbrier Development Inc. has acquired the newly built 45,000 s/f South Shore Place retail center for $41.5 million. South Shore Place, whose tenants include Legal Sea Foods and Ben & Jerry's, was developed by Carpenter & Co. on the site of the Sheraton Braintree, and sold by a joint venture of Carpenter and BayNorth Capital LLC...Trendy clothing retailer Primark is coming to the Danbury (CT) Fair Mall, the first of 5 stores Primark will open in East Coast malls in space currently occupied by Sears. Primark will lease 70,000 s/f.  Sears and its Auto Center will continue to operate in 107,000 s/f on the lower level of the mall...Chico's and White House Black Market at the Burlington (VT) Town Center closed suddenly this month. Mall owner Don Sinex said the decision to close the stores was made by Chico's, with no previous conversation...SONIC announced two new agreements for its first franchise developments in Rhode Island. The first will open in Providence in mid-2015, with plans for more down the line. The second new franchisee is planning to bring two new drive-ins to the state in the next few years. SONIC has 3,500 locations...The owner of South Bay Center has plans for a large mixed-use project that includes a hotel, movie theater and up to 500 units of multi-family housing next to the Dorchester shopping center, as well as 115,000 s/f of commercial/retail space, two parking garages and new internal roadways, sidewalks and open space. Plans must go through the BRA’s review process.

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