ATLANTA-Entrepreneur Mark McClure and a group of private investors plan to come up with 30% of the development cost themselves and fund the balance with a construction loan. The 12-story to 15-story, 170-room boutique asset is planned on a one-acre site on Pharr Road in Buckhead's entertainment district off Downtown.

SANTA CLARA, CA-Kaiser Foundation Health Plan has given the thumbs-up for financing a 50-acre, 1.5-million facility here that will house the area's first open-heart surgery program.

CLE ELUM, WA-Bill Lyche, director of development for the 6,226-acre MountainStar Resort, says the county's land use approval is a huge victory, opening the door for other resort developments in the area.

PHOENIX--Months of frustrating negotiations with city officials in Scottsdale has developer Steve Ellman ready to relocate his $575-million mixed-use project to the shores of Tempe Town Lake.