RIDGEWOOD, NJ—A proposed amendment to Ridgewood's master plan that would allow downtown high density multifamily development was criticized by local residents at a hearing on Tuesday evening.

HACKENSACK, NJ—As speculation increases over RadioShack's fiscal woes and an expected bankruptcy filing, retail analysts believe that there will be considerable interest in the retailer's leased space in Northern New Jersey.

BOSTON—National Development reports it plans to build a 200-room AC Hotel by Marriott hotel in South Boston near its Ink Block project.

WASHINGTON, DC—While the funding is by no means guaranteed to pass muster with Congress, President Barack Obama's federal 2016 budget earmarks millions of dollars to the General Services Administration for a host of commercial projects in the DC region.

ALEXANDRIA, VA—The storied Old Town Theater, which has been an entertainment venue for more than a century here, will be renovated and converted to retail use.

RALEIGH, NC—CBL & Associates Properties, Inc. revealed that the Chattanooga, TN-based retail owner has signed a contract to sell the majority interest in the Triangle Town Center and Triangle Town Place properties here for $181 million.

MIAMI—Locally-based Swire Properties Inc. reports it has appointed Gonzalo Cortabarría senior vice president. The former Hines Interest executive will oversee leasing and operations for the $1.05-billion Brickell City Centre mixed-use development.

FORT LAUDERDALE, FL—Miller Construction Co.'s Traci Miller has taken the mantle of leadership of the South Florida chapter of NAIOP.