ATLANTA-Affiliates of Inland American Communities Group and Ambling University Development Group have acquired 1.44 acres of land at 930 Spring St. in downtown Atlanta in order to develop a student housing tower there.

SHAKOPEE, MN-A $60-million project by fast-growing Internet company Shutterfly Inc. to build a new plant at the Dean Lakes business park here got a shot in the arm on Tuesday when Scott County commissioners approved a nine-year tax abatement.

NEW YORK CITY-The engineering firm Simpson, Gumpertz & Heger, Inc. is shifting its New York City headquarters from West 34th Street to Times Square in nearly 12,000 square feet at 550 Seventh Ave.

NEW YORK CITY-Trevi Retail reports it has acquired 859 Ninth Ave. here, a six-story mixed-use building at the southwest corner of 56th Street and Ninth Avenue in Hells Kitchen.

NEW YORK CITY-While its impact may not be known until a court hearing on Thursday, Supreme Court Jude Carolyn Demarest issued an order that wrestles control of the financially strapped Long Island College Hospital from SUNY Downstate.

ALEXANDRIA, VA-After revising its plans earlier this month, officials with Carr Hospitality are expected to appear before Alexandria's Board of Architectural Review next month in connection with its plan to build a 121-room boutique hotel here.

WASHINGTON, DC-The owners of a planned office building at 900 16th St. NW here have pulled approximately 68,000 square feet off the market, the same amount of space a DC law firm is said to be interested in leasing.

NEW YORK CITY-Rents along a 10-block stretch on Fifth Avenue have shot up 22% this year, ranking the district the second most expensive retail district next to Hong Kong.