BOSTON-This area's top of the market space is still going strong with rumors of a second big deal within a week happening here. One Federal Street has reportedly been sold to Atlanta-based Jamestown Co. for $285 million.

SOMERVILLE, MA-Stop & Shop Supermarket Co. wants to build an 83,000-sf superstore on a former lumber site here but a number of alderman want to reduce its size by rezoning the area. The mayor does not support them.

HINGHAM, MA-The renovation of a shipyard here is complicated by a land swap deal that requires legislative approval and growing local opposition. Developer's plans for the 130-acre parcel include commercial, retail and office space as well as residential housing.

NEEDHAM, MA-Construction is underway on a 70-acre piece of land here for the Franklin W. Olin College of Engineering, which is being financed by $300 million from the F.W. Olin Foundation. The college hopes to compete with Cambridge's MIT.

BOSTON-While the Red Sox CEO has been insistent that the team will not leave Fenway, there is speculation here over the possibility that local developer Frank McCourt would like the Boston Red Sox to build a ballpark on his piece of waterfront property.

BOSTON-This metropolitan area now ranks eighth in terms of its ability to compete in the new economy. High housing prices, traffic congestion and poor schools are among reasons for the poor showing.

BOSTON-While local officials insist that the reason buildings on Fan Pier must be lowered is one of safety, an economic incentive for the airlines might be involved as well. At stake is Chicago-based Nicholas Pritzker's $1.2 billion project on the south Boston waterfront.

BOSTON-Davis Cos. plans to develop two buildings it bought last year into one six-story, 350,000-sf office and another one with five stories and 90,000 sf of space. Cost of the project could come in at $100 million.