Quincy Center: Downtown District Retail, Quincy, Mass.
When Quincy, Mass.’s new downtown shopping district is officially unveiled, the City will host some of America’s premier retail destinations — thanks to a first-of-its kind joint venture between Street-Works Development and National Realty and Development Corp., based in Purchase, N.Y.
The partnership was announced on Sept. 21 by the City of Quincy, Street-Works and NRDC.
“This is a tremendous win for Quincy,” said Mayor Tom Koch. “We are fortunate to have such a powerful force in the retail industry investing their expertise, time and resources in developing two major blocks of our downtown. NRDC is committed to creating the type of shopping, dining and entertainment options our community would like to see, and I’m excited to be working with them on this major piece of our redevelopment project.”
NRDC will joint venture with Street-Works in the development and leasing of approximately 400,000 sq. ft. of anchor retail space at Market Center.
“Our belief in the importance of vibrant downtowns has made us eager to enter the urban market in an authentic and meaningful way,” said Robert Baker, chairman and CEO of National Realty and Development Corp. “It is very clear that Quincy and Street-Works have given birth to the new paradigm of urban redevelopment, and we have every faith that together we will create a very successful new Quincy Center.”
New Quincy Center is a $1.6 billion transit-oriented, master-planned, mixed-use development in Downtown Quincy that will include approximately 700,000 sq. ft. of retail space, one million sq. ft. of office space, two hotels, 1,200 residential units and over 5,000 new structured parking spaces. The City of Quincy is strategically located eight miles south of Boston, offering direct access to Route 128/95, I-93 and the region’s T-system Red Line.
“NRDC is committed to development in the urban space and we are very excited and focused on making the new Quincy Center a success,” stated John Orrico, president of NRDC. “Our team will be working very closely with Quincy and Street-Works to bring real results to this project — both on the ground in Quincy and by drawing from our national network of retailers.”
Walmart sheds light on Calif. solar plans
SACRAMENTO, Calif. — Walmart is taking its commitment to renewable energy to new levels in California. The chain announced plans to install solar panels on up to 60 additional stores in the Golden State. The initiative, done in partnership with SolarCity, expands the company’s solar portfolio to more than 75% of its locations in California.
“California presents a great opportunity for Walmart to make significant progress toward our sustainability goals by installing solar power on more than 130 store rooftops throughout the state,” said Kim Saylors-Laster, VP energy, Walmart. “Walmart has reduced energy expenses by more than a million dollars through our solar program, allowing us to pass these savings on to our customers in the form of everyday low prices.”
When complete, Walmart’s total solar commitment in California is expected to provide 20 to 30% of each facility’s total electric needs. It also is expected to generate up to 70 million kilowatt hours of clean, renewable energy per year, the equivalent of powering more than 5,400 homes, and avoid producing more than 21,700 metric tons of carbon dioxide emissions per year, which is the equivalent of taking approximately 4,100 cars off the road.
Walmart’s investment in solar power is anticipated to create hundreds of jobs in California through its partnership with SolarCity, which will own, install and maintain the new solar power systems. The San Mateo, Calif.-based company has added more than 500 new full-time jobs since it initiated its first Walmart solar project, and expects to hire hundreds more before the end of the year.
“Our solar efforts in California have proven to be a great way for Walmart to build our renewable energy program,” said Mack Wyckoff, senior manager of renewable energy at Walmart. “We are confident that we will continue to grow our solar energy program in the U.S. and around the world because of the initial success we have had in California.”
ODP launches exclusive office chair line
BOCA RATON, Fla.— Office Depot has launched a new line of exclusive office chairs from the [email protected] by Thomasville collection. According to the company, the [email protected] by Thomasville collection provides customers with luxury home office chairs at an affordable price, and are currently available at nationwide Office Depot retail store locations and online at www.officedepot.com.
“With the increase of people working from home, it is really important that they have a comfortable chair so they can devote more time to the business without having to get up and walk around,” said Farla Efros, interim head of merchandising for Office Depot. “We are thrilled to be exclusively offering this new line of Thomasville seating that provides small businesses with an affordable, yet comfortable and stylish solution for their office furniture needs.”
The four chairs available in the [email protected] by Thomasville collection from Office Depot are the following:
Tavelle Bonded Leather Executive Chair
Vanarro Bonded Leather Executive Chair
Elmhart Bonded Leather Executive Task Chair
Endsleigh Big & Tall Bonded Leather Executive Chair
Each chair in the Thomasville [email protected]® collection are accredited by the American Chiropractic Association and have a pronounced lumbar feature to help support the lower back and ensure comfort, Office Depot reported.