LONG BEACH, WA-The state parks department wants to trade 56 acres of beachfront in this Southwest Washington tourist town for 95 acres adjacent its most pristine peninsula parkland located a few miles to the south.

PORTLAND-The Portland Development Commission approves terms of a purchase and development offer made by developer Homer Williams' RiverPlace Partners LLC, which plans a luxury hotel and 170 condominiums on 2.5-acres on the southeast corner of Southwest River Parkway and Moody Avenue.

PORTLAND-The city council authorizes Don Mazziotti, executive director of its redevelopment agency, to seek and select a team of consultants that will study successful retail themes around the country and develop a strategy for tightening Downtown's grip on the region's discretionary dollars.

PALO ALTO, CA-Century's version of the concept made its debut last year in Evanston, IL. The six-screen theater at Palo Alto Square will mark CiniArts' second location in the country, replacing Landmark Theater, which was previously located in the space.

CAMAS, WA-The Port gets back 45 acres of prime industrial land it sold to the state in 1991 and the state gets 232 acres with 4,700 feet of riverbank for a state park.

BEAVERTON, OR-The stand-alone building at the 149,043-sf Cascade Plaza shopping center will be the second of at least five stores the Pennsylvania-based retailer has planned for the Northwest in the coming months.

PORTLAND-After learning the 23,000-sf site can't continue as a drive-thru restaurant, McDonald's assigns its purchase option to architect Alan Kravitz in trade for an option to lease 2,500 sf in the 80,000-sf mixed-use project he's planning for the site.

PORTLAND-Instead of a simply remodeling an existing drive-thru fast food facility at the corner of Southeast 34th Avenue and Hawthorne Boulevard, the company will reveal Thursday evening its plan to anchor a new mixed-use building now planned for the site.