EDINA, MN-The world's largest hair care salon says it hopes to reduce debt by slowing down its growth of new stores. The company has 6,604 salons in six divisions.

NEEDHAM, MA-Construction is underway on a 70-acre piece of land here for the Franklin W. Olin College of Engineering, which is being financed by $300 million from the F.W. Olin Foundation. The college hopes to compete with Cambridge's MIT.

ENGLEWOOD, NJ-Tonight, the mayor and city council are expected to make a formal recommendation to the planning board to transform the South Englewood industrial area into a $500-million, mixed-use project.

HOUSTON-A first-quarter report has the Westchase submarket ahead of the rest of the city in absorption, high-profile tenants and a building boom. New construction has vacancy riding at 14.8%, according to Trione & Gordon.