BALTIMORE, MD-Nonprofit arts organization Creative Alliance wins a $750,00 federal grant to begin the transformation of the defunct Patterson Movie Theater into the Patterson Center for the Arts. The project is scheduled for a completion date in 2003.

RICHMOND, VA-United Dominion Realty Trust, Inc. closes a multi-million Fannie Mae Revolving Credit Facility. The $400 million facility will be used to refinance debt on about 30 of the company's multifamily properties.

PALMETTO, FL-Manatee County will become home to the United Kingdom's Peek Traffic BV, as Tampa's R.R. Simmons Construction Corp. takes on the design and construction of the traffic and safety products supplier's US headquarters.

WASHINGTON, DC-According to the Association of Foreign Investors in Real Estate, terrorist attacks in the area have not discouraged interest among investors and potential investors. Not only are investors not frightened away by the events, some have become attracted to US markets because of the attacks.

SANFORD, FL-CPH Constructors is closing in on the completion of Unicell Paper Corp.'s 91,000-sf plant and office space along Jewett Lane. The $35-million project got underway in March and will be finished in February 2002.

WASHINGTON, DC-According to the Association of Foreign Investors in Real Estate, terrorist attacks in the area have not discouraged interest among investors and potential investors. Not only are investors not frightened away by the events, some have become attracted to US markets because of the attacks.

BALTIMORE, MD-Crestline Capital Corporation sells the Baltimore Inner Harbor Courtyard hotel to RLJ Development for $26 million. Crestline's management subsidiary, Crestline Hotels & Resorts, Inc., will operate the hotel.

JACKSONVILLE, FL-Mayor John Delaney chooses Robert A.M. Stern Architects' design for the city's new Main Library. The New York City-based firm beat out three other proposals in the competition to design the $95-million, 300,000-sf complex.