Of all the grandiose development ideas kicking around Boston, the transformation of dowdy old South Station into a gleaming sky-rise complex and 21st century transportation hub may hold the most promise.

General Electric Asset Management’s recent decision to put Boston’s Independence Wharf on the market can only end in one of two ways, industry insiders predict: either the owner takes a serious haircut, or the building stays put.

The Agassiz Baldwin Community (ABC), a nonprofit corporation providing arts-related community programs throughout Cambridge, recently received a $400,000 Massachusetts Cultural Facilities grant for the construction of the Maud Morgan Visual Arts Center adjacent to its headquarters at 20 Sacramento St. in Cambridge.

Newton REIT Hospitality Properties Trust has priced the previously announced public offering of 17.5 million common shares at $11.50 per share.

As part of Gov. Deval Patrick’s Massachusetts Recovery Plan, the Department of Energy Resources (DOER) is soliciting proposals from the public and private sectors for an array of clean power and energy efficient projects.

A 100,000-square-foot telecom facility at 51 South Bedford St. in Burlington has been sold to H.N. Gorin by private equity real estate investment, development and management firm New Boston Fund.

The Boston office of Fantini & Gorga recently assisted Eastern Bank in arranging $6 million in acquisition financing for two self-storage facilities in Connecticut, on behalf of Tarco Properties.

The property at 214 Market St. in Rockland, formerly known as the North River Medical Building, has been sold to Dr. Zaher Hammoud, who intends on opening a dental practice in the building.

Construction on Endicott Green Residences, an eco-friendly condominium project located at 57 Endicott Ave. in Somerville, has been completed.

Crowe Paradis Services Corp. recently signed a 41,200-square-foot lease in the 4-story building at 400 Riverpark Drive in North Reading.

The board of directors of REIT Boston Properties Inc. has declared a regular quarterly cash dividend of $0.50 per share of common stock for the period April 1 to June 30.

Newton REIT Hospitality Properties Trust has commenced a proposed public offering of 15 million common shares.

Mortgage-banking firm Love Funding has arranged a $10 million equity placement for the development of 10 memory care facilities in Illinois. Leonard Lucas, a Love Funding first vice president and senior originator based in Boston, originated the transaction.

JSA Realty Trust recently purchased 280 Libbey Industrial Parkway in Weymouth for $785,000.

The Boston Redevelopment Authority is contemplating a widening of its green building zoning code to include smaller projects, potentially requiring all new construction of 20,000 square feet and more to be LEED-certifiable, a senior BRA architect said Wednesday morning.

Architectural and design firm Margulies Perruzzi Architects of Boston has been selected to design 8,000 square feet of office space for MOCA Systems Inc., a program and construction management firm.

The Boston chapter of the International Facilities Management Association (IFMA), a facility management nonprofit, recently announced winners of its 2009 Awards of Excellence.

The Shops at Chestnut Green in Foxborough will open their doors this Saturday.

Construction management firm William A. Berry & Son Inc. of Danvers has achieved the goal of a paperless construction project at the 100,000-square-foot Overlook Center development in Waltham.