Highstreet Insurance Partners has made several executive leadership moves and has announced the birth of
Brightstone Specialty Group. In addition, there are plans for a high-street development with a $55 million budget. A new Mexican restaurant has also opened. The insurance group has extended its reach by acquiring Mitchell Agency in Florida and partnering with Wingert Insurance Agency to broaden their employee benefits expertise. Furthermore, the company plans to expand its presence in the Northwest region by acquiring Columbia Insurance.
Highstreet has also entered Kentucky by acquiring RISE Partners. Multiple restaurants and retail establishments are opening as part of the High Street project. Unfortunately, a shooting has occurred in the area, and suspects are still on the loose.
A 'boutique hotel' is set to open on Borough High Street, and a tech-driven golf experience will be part of the High Street Development. There is continued transformation and redesign on High Street, with continued community conversation around these developments. High Street continues to strengthen its presence, adding various eateries, spas, and securing design review approval for Bellevue’s High Street Residential Project. An important step has also been made towards the redevelopment plan of Sutton High Street.
However,
Highstreet faces challenges with potential job losses due to potential business rate increases. Various stores closures have been reported, particularly banks, chemists, and pubs. British’s High street gets devoured by private equity, causing certain high street brands to shut down several stores. However, some like Topshop may make a return after stake sale.
Highstreet News Analytics from Tue, 27 Feb 2024 08:00:00 GMT to Wed, 23 Oct 2024 19:24:30 GMT -
Rating 6
- Innovation -2
- Information 8
- Rumor 5
