ORLANDO-Population and employment growth will keep retail humming in 2002 in Orlando and Tampa, even though tourism is expected to be flat. A power center shakeout is on the way.

PALMETTO, FL-Manatee County will become home to the United Kingdom's Peek Traffic BV, as Tampa's R.R. Simmons Construction Corp. takes on the design and construction of the traffic and safety products supplier's US headquarters.

NEW YORK CITY-The consultant's first hotel advisory report since Sept. 11 forecasts an overall industry downswing until third quarter 2002, predicting the lowest occupancy rate in 30 years and the first annual average decline since 1940.

CARROLLWOOD, FL-Carrollwood Center becomes the property of Atlanta-based IRT Property Co. in a $6.7 million deal. The 96,242-sf shopping center will undergo a $2.4-million renovation, including a new Publix supermarket.