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UPDATED: City to sell prime Uptown parcel for apartments, retail (access required)

CHARLOTTE – Crescent Acquisitions, a subsidiary of Charlotte-based Crescent Communities, got closer to buying an important chunk of land in Uptown, when the City Council on Monday night unanimously accepted a proposal from the developer to buy the land for $10.3 million. Tony Korolos, Charlotte real estate division manager, said Crescent has proposed buying the 5.3-acre ...

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