TROY, MI-Frank's Nursery & Crafts expects to begin liquidating the 62 stores it owns by month's end after declaring bankruptcy. With an average of 18,500 sf, the stores total more than 1.1 million sf.

FLINT TWP., MI-A CJ Banks women's store is eyeing space at the Genesee Valley Shopping Center, where it plans to open a store ranging from 3,100 sf to 3,600 sf by the middle of next month.

SOUTHFIELD, MI-A. Alfred Taubman never graduated from Lawrence Technological University but donated $4 million toward construction of the 38,000-sf, three-story building named in his honor.

ANN ARBOR, MI-A Michigan developer says at nearly $25.3 million, it offered the only bid to meet the legal requirements for 690 acres in York Township. Toyota Motor Corp. could get the land for $9 million, less than its appraised value.

FERNDALE, MI-Consultant Dan Burden, who heads Walkable Communities Inc., suggests more on-street parking, and other upgrades to draw pedestrians to Downtown stores. The city has a $100,000 grant from the Michigan Economic Development Corp.

FLINT, MI-The 124,591-sf Plaza One Financial Center goes on the market at nearly $12.4 million, which would represent a 10.64% capitalization rate. It boasts a tenant roster than includes Ameritech, Bank One, Internal Revenue Service, HUD and Merrill Lynch.

GRAND RAPIDS, MI-Operations at Van Andel Arena help cover losses at the $216-million Devos Place convention center. Still, the overall result is a loss of nearly $1.2 million during the most recent fiscal year.

ANN ARBOR, MI-The University of Michigan has renamed its business school in honor of Related Cos. chairman and chief executive Stephen M. Ross, developer of New York City's $1.7-billion Time Warner Center.