ALLENTOWN, PA-Dunn Twiggar plans the Waterfront, a live, work, play community, on the 26-acre Lehigh Structural Steel brownfield site along the Lehigh River.

PHILADELPHIA-One of three new mixed-use buildings on land owned by the University of Pennsylvania, the Hub adds 101 residential rentals and ground-floor retail.

SCRANTON, PA-Sears inks a 10-year lease for a $50-million distribution center, set to break ground in First Industrial's 800-acre Covington Industrial Park.

PHILADELPHIA-BlueStone, a new commercial real estate investment banking firm, focuses on loans of from $10 million to $1 billion to large owners and developers.

PHILADELPHIA-Having assembled a younger, larger portfolio the hospitality REIT slows acquisitions and concentrates development activity on New York City.

PITTSBURGH-The 185-room hotel and 28 condos will occupy the top 10 floors of the 780,000-sf Three PNC Plaza under construction at Fifth Avenue and Market Street.

JENKINTOWN, PA-Following an asset-by-asset review, the financial REIT plans to sell another $575 million in properties by year-end and focus on tightening management.

PHILADELPHIA-The long-sought President's House memorial at the site of Washington's house and slave quarters on Independence Mall will break ground this spring.