HOUSTON—The energy that exists around Kemah's Entertainment District, along with the expected growth of the Harris Street corridor, supports the need for the additional retail and service amenities.

PLANO, TX—Part of The Shops at Willow Bend's first major renovation and expansion in its 15-year history, the $125 million reinvention is transforming the site into a multi-use commercial district.

Here's a look at the trends, announcements and deals that you may have missed in Texas, New Mexico, Colorado, Oklahoma and Arkansas.

SANTA CLARA, CA—Terrence J. Rose gained city approval to demolish the existing structures of an under-utilized office property and build a six-story 250,000-square-foot office building with a total estimated cost of $125 million.

HOUSTON—It is likely that the recovery is too little, too late for more than one-third of the oil-related loans of concern that are more than 90 days delinquent, in foreclosure or real estate owned, says Kroll Bond Rating.

DALLAS—The success of the Comerica Bank Tower has largely been based on the design in the past but now the neighborhood has caught up to the building with numerous conversions of obsolete product.

SAN FRANCISCO—Developer Rescore was able to capture a good site with a unique use, but a ground lease is harder to finance as it will automatically remove a lot of insurance companies and other lenders.

DALLAS—The new facility with hardened shell and the training equipment will be used to continuously train Southwest pilots on the aircraft fleet, especially new equipment that is replacing aging aircraft.