PHOENIX-Vestar Development and SGPA Architecture & Planning take the ICSC honor from a field of 56 entries, winning the certificate of merit for the $180-million Desert Ridge Marketplace, a recently completed 1.2-million-sf, open-air center.

HOLLYWOOD, CA-The annual Hollywood Economic Development Summit spotlights the return of the famed Schwabs drug store and mixed-use projects with affordable apartments. It's time, says the keynote speaker, for higher density, urban-style projects.

NEW YORK CITY-The Department of Buildings on-line property information system, BIS on the Web, is streamlining the design and construction processes here by translating the DOB's mainframe database to Web pages at www.NYC.gov/buildings.

SAN MATEO, CA-The real estate investment trust holds the dividend at 43 cents per share for common stock and more than 48 cents for its preferred stock.