RICHMOND, VA-A $132-million financing package for the $250-million, 1.2 million-sf Short Pump Town Center assures the scheduled September 2003 debut of the Forest City Enterprises-developed mall. Five banks, led by the Bank of Montreal, participated in the deal.

HENRICO COUNTY-Less than a year after construction began, heat-exchange equipment manufacturer Alfa Laval Inc. has completed its $10 million, 90,000-sf expansion. The new plant sits adjacent to the company's existing 85,000-sf facility in the International Business Park, and will house 100 more workers.

CAMBRIDGE, MA-The $155-million Hyatt Regency Chesapeake Bay Golf Resort finally makes its debut after a series of false starts that began in December 2001. The 400-room luxury property covers the gamut of amenities with an 18,000-sf spa and a 150-slip marina.

VIRGINIA BEACH, VA-About $18 million in financing is secured for the development of a $20 million Hilton Garden Inn, which will be part of Armada/Hoffler's massive mixed-use Town Center development project. Neighboring Hampton University commits the funds from its $175 million endowment.

BALTIMORE, MD-Sierra Military Health Services Inc. becomes the second tenant in the new $50 million building at 750 East Pratt. Joining building occupant Constellation Energy Group Inc., the health organization takes on a 10-year lease of 20,000 sf in the 325,000-sf high-rise.

BALTIMORE, MD-A recent ruling by the Maryland Insurance Administration, reinstates the State of Maryland's $500-million insurance package, following Royal & SunAlliance USA Inc.'s February decision not to renew the policy. The insurance covers such prominent buildings as the Baltimore-Washington International Airport.

WASHINGTON, DC-Many of the sports venues that would have been constructed to host games of the 2012 Summer Olympics in the Washington metropolitan region may still be developed. Among those are a stadium and arena at the District's RFK stadium, an arena and velodrome in Baltimore, MD and an aquatic center in Northern Virginia.

NEW CARROLLTON, MD-A $43-million permanent mortgage financing package is put in place for the new office building at 7900 Harkins Rd. The 325,000-sf structure is a build-to-suit facility and is fully leased under a 10-year contract by El Segundo, CA-based Computer Sciences Corp.