CHARLOTTE – Proffitt Dixon Partners, a developer based in the city, finally has closed on a 2.28-acre parcel of land just inside the Interstate 277 loop, at the intersection of Stonewall and McDowell streets. Kent Winslow, a city development manager, confirmed Monday that the sale went through last week. Proffitt Dixon paid about $3.8 million [...]
CHARLOTTE – Officials from the Charlotte Area Transit System will have two meetings, open to the public, for information on the 9.3-mile extension of the city’s light rail public transportation system. The meetings are to give updates on the construction activities set to start this summer. The first meeting is at 6 p.m. on Tuesday [...]
Prior to 2003, the growing town of Harrisburg, just north of Charlotte in Cabarrus County, didn’t have an epicenter of commercial property. Sure, there were small pockets of retail and places to eat, including the Harrisburg Family House Restaurant, but the town lacked a real center of activity and congregation.
It wasn’t the developer’s first choice and it was a long time coming, but Harris Teeter is the grocer most likely to anchor the first stage of commercial development in the mixed-use Antiquity community, off N.C. Highway 115 against Cornelius’ border with the town of Davidson.
CHARLOTTE – Mecklenburg County has issued its most valuable building permit of the year – and the largest since January 2012 – worth nearly $52 million, for work on the $85 million South Mint Apartments project. The developer is Childress Klein Properties of Charlotte. Along with the behemoth single permit, which was for the shell [...]
CHARLOTTE – Trinity Partners, the commercial real estate firm based in the city, has finalized the sale of a 438,650-square-foot industrial building at 11701 Goodrich Drive in southwest Charlotte, according to a Trinity press release. Trinity represented the seller in the transaction, but the company wouldn’t reveal the name of the previous owner, saying only [...]
CHARLOTTE – After a strong showing last week in Mecklenburg County building permits received, Crescent Communities, the developer based in the city, is doing even better this week. The county on Monday issued 40 building permits to Crescent, valued at more than $27 million, for work on its 316-unit Circle Alexander Village apartment project, off [...]
With each new apartment project that pops up around Charlotte during this boom, the existing product only becomes more tired. So even though Camden Sedgebrook is only 15-years-old in human years, in apartment years, it’s ancient. Newer apartment communities were making it increasingly difficult for Sedgebrook to compete for tenants.
CHARLOTTE – The Duke Endowment, the Charlotte-based foundation named after James B. Duke, is another step closer to moving to its headquarters to Dilworth, after Mecklenburg County issued a $22 million building permit for work on the three-story office building. Construction on the 46,000-square-foot building, at 800 E. Morehead St., has yet to begin, but [...]
CHARLOTTE – Mecklenburg County has issued a building permit, valued at $2.5 million, to the Catholic Parish of St. Vincent de Paul for a 19,693-square-foot ministry center and chapel. Charlie Barrett, principal of Charlotte-based H.C. Barrett, the general contractor on the project, said the two-story building should be finished by the end of the year. [...]