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WAUKEGAN, IL-The City Council approves TIF financing ordinances targeted at revitalizing the dying Lakehurst shopping mall area. The TIFs are a shot in the arm for plans by developer Martin Tuohy to create his $800-million University Station, a higher-education-oriented mixed-use project.

SILVER SPRING, MD-The California State Teachers' Retirement has bought a 606-unit apartment building in Silver Spring from Equity Residential Properties for $37.5 million. It plans to invest $13 million ito upgrade the property.

ATLANTA-The Silicon Valley tech company is setting up a sales office in the Brookside Concourse near GA 400, about 25 miles north of Downtown.

HILLSBORO, OR-The building will open officially on Nov. 6 with 50 employees, expand to 70 people by the end of 2000 and add an additional 25 after the first of the year. The center is ultimately planned for 218 employees.

DALLAS-A 17,000-sf lease enables LayerOne to consolidate its staff under one roof. The company has selected the Univision Building at 2323 Bryan St. for its Dallas Nexus Exchange operation.

ATLANTA-Tom Traggorth, the former director of preconstruction for Jacobs Facilities Inc. in Arlington, VA, takes on responsibility for Beers' preconstruction services nationwide.

CHARLOTTE-The Downtown inn is scheduled to open in fourth quarter 2002. A major asset of the hotel will be an on-site trolley station, linking the convention district with the south side of Charlotte.

RAHWAY, NJ-A total of 140 age-restricted units will replace an existing landmark retail building on a 4.5-acre site.