MIAMI-The exclusive retail center in Bal Harbour, FL, an affluent oceanfront community 10 miles north of Downtown Miami, is monitoring the construction and leasing progress of Rouse Co.'s $200 million, 850,000-sf Village of Merrick Park in Coral Gables, 16 miles southwest of Bal Harbour. The Rouse project is scheduled to open in September 2002.

PORTLAND-The greater Portland area saw a large influx of rooms in the late 1990s and now is absorbing that extra space, albeit at a slower pace than originally anticipated. If it's a predictable cycle, however, better times are near.

AUSTIN-AMLI Residential Trust has gained $35 million in selling two apartment communities in the hot Austin market. Part of the proceeds has secured the keys to a Houston complex, while another pending buy will close in January.

CULVER, OR-Seaswirl Boats' 245,000-sf manufacturing facility here - which employs 260 in a town of 883 - sits idle while its parent company, Outboard Marine Corp., begins the process of reorganization under Chapter 11 of the U.S. Bankruptcy Code.