SALH HASISH, EGYPT-Under construction in Salh Hashish, the 520-room hotel will open as one the city's most luxurious five star resorts. The project is owned and designed by architect Amr El Alfy. Le Meridien manages four other hotels in Egypt.

DALLAS-In an amicable exit, Robert Powell leaves a vice presidency at Grubb & Ellis after a five-year run to start this morning as a VP at Capstar Commercial. His assignments were lined up and waiting for his arrival.

ANN ARBOR, MI-A ballot proposal would allow the city to buy the development rights on farms that ring this university city. The Homebuilders Association of Washtenaw County and the Ann Arbor Area Board of Realtors are opposed to the plan.