JACKSONVILLE, FL-Locally based Towers Homes Inc. pays $10,194 per acre for the 2,168-acre property along US 1 and the Intracoastal Waterway in St. Johns County between here and St. Augustine.

WOODSTOCK, GA-Atlanta-based Hedgewood Properties needs a rezoning change before it can break ground on a suburban 25-acre site the developer has under contract behind the railroad depot at Main Street and Arnold Mil Road.

MACON, GA-The Menomonee Falls, WI-based department store chain is expected to break ground in first quarter 2004 on an estimated 750,000-sf facility at a projected hard construction cost of $38 million in this Middle Georgia city, area industrial real estate brokers tell GlobeSt.com.

MAITLAND, FL-Marketplace Advisors Inc. will identify development opportunities for the locally based developer in mixed-use town centers and main street redevelopment projects throughout Florida.

LADY LAKE, FL-The one-time radio station owner and mail-order home-lots seller from Chicago grew a $5,000, 400-home mobile park investment in 1982 to a multi-million-dollar 36,000-home, mixed-use community in northwest Lake County in 21 years.

ATLANTA-The Long Island, NY-based electrical-products manufacturer expects to complete an estimated 150,000-sf corporate headquarters building in fourth-quarter 2004 in suburban Peachtree City, GA.

ATLANTA-The Wilkesboro, NC retailer is expected to break ground in first-quarter 2004 on a $16.5-million, 116,000-sf location in the Edgewater Retail District shopping enclave being developed by Sembler Co.

ORLANDO-The Illinois-based drug store chain pays an estimated $20 million to Flagler Development Co. of Jacksonville, FL for the 133,689-sf structure that was constructed for an estimated $16.7 million, say area industrial brokers.