AUSTIN-Simon Property Group is close to turning over a pad site to Nordstrom's to build a 145,000-sf store at Barton Creek Square Mall. The target delivery is timed to catch the back-to-school trade in 2003.

WASHINGTON, DC-Pennsylvania-based real estate developers LCOR Incorporated reveals plans to build a $38 million luxury apartment complex on the parking lot of the historic National City Christian Church Foundation. LCOR has already signed a 99-year ground lease for the property, which is owned by the church's foundation.

LONDON-The most expensive office space in the world can still be found in London's West End, despite a 9% fall in costs over the past six months, according to a new survey from agent King Sturge.

CHICAGO-The 49-story luxury condominium project at 345 N. LaSalle St. provides North Side real estate and construction lender Corus Bank with plenty of processing challenges. Converter American Invsco's next project is a Downtown multifamily rental project.