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RALEIGH, NC-A $39 million renovation creating a new arts center is heavily booked, quickly proving its necessity in the community.

NEW YORK CITY-Vornado, in the final days of WTC negotiations, lands on S&P's negative CreditWatch while a development is abandoned and the Nasdaq plunges below 2,000. Industry veterans try to make sense of it all.

TUCSON-Although the estimated cost of the sprawling Rio Nuevo project has doubled to more than $750 million, it won't cost taxpayers much more than the original cost, says a city official.

MINNEAPOLIS-Nearby Allina Health Systems has expressed interest in expanding its campus. A tenant in the project, Minnesota Diversified Industries, would have to approve the land sale to Allina.

DETROIT-Keen Realty Consultants Inc. of Great Neck, NY says it generated more than $100 million as a result of its Family Golf Centers Inc. bankruptcy auction, including two entertainment centers in Michigan.

ORLANDO-Broker David J. Patten of Winter Park, FL-based Interlachen Financial Group tells GlobeSt.com qualified investors can now lock in fixed-rate debt for up to 15 or 20 years at an average 7.5% rate.

DALLAS-The right suitor has finally come along for the Henry S. Miller Cos., which has closed on the sale of a two-state residential sales business and mortgage company. Now, Miller is honing in on commercial development in Texas and surrounding states.

BELLEVUE, WA-Locally based Laptop Lane Limited, which provides travelers a private office at various airports around the country, was named Best Specialty Retail Brand Operator in the Small Retailer category in Airport Retail News' annual poll of airport concessions.