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MIAMI-The locally based manufacturer pays an estimated $6 per sf to build a 232,000-sf high-tech production plant in the 106-acre Beacon Station industrial park in the northwest Miami-Dade submarket of Medley.

WALKER, MN-The Leech Lake tribe will start building hotel and convention center this fall at one of state's five largest casinos. Work is expected to be completed by the spring of 2002.

ATLANTA-The soft drink company is buying the parcel at the 45-acre Northyards Business Park for an estimated $4 million or $353,982 per acre ($8.13 per sf), brokerage sources intimate with the transaction tell GlobeSt.com. The deal is expected to close no later than year end.

DENVER-A stalemate between the Republican-controlled house and the Democratic-run Senate during a special legislative session paves the way for other growth initiatives on the ballot this November.

SCOTTSDALE, AZ-GE Capital and Goldman Sachs have agreed to provide about $7 billion of liquidity for the Scottsdale-based Finova Group, pending the outcome of due diligence. The construction lender has been in Chapter 11 bankruptcy since March.

WASHINGTON, DC-George Washington University, located here, has issued a report through its Aviation Institute, that contends the US is in serious need of investments in its infrastructure. It calls for extensive construction of modern traffic control facilities and runways.

ATLANTA-Increases in both weekly rate and the average occupancy rate contributed to the increases in the company's revenue per available room, the locally based firm reports. Average daily occupancy to April was 80.5% versus 80% in the same period last year.

AUSTIN-Office developers and hoteliers are sizing up Austin's CBD, where stalled projects and available land are prying open doors for would-be investors. If they wouldn't be looking, there'd be a real problem, says a city leader.