The Charlotte metropolitan area, including Gastonia and Rock Hill, S.C., was one of only three regions of 12 in the state to gain construction jobs in August 2013 over the same month last year, according to a report by the Associated General Contractors of America.Read More »
Author Archives: Payton Guion, staff writerFeed Subscription
Whether it’s Class A apartments, value-added properties or workforce housing, the Queen City’s apartment market is expected to remain strong in the foreseeable future. Five apartment industry leaders said so on a panel Tuesday morning at Bisnow’s third annual Multifamily Summit held in a ballroom at the Omni Hotel in uptown Charlotte.
Tagged with: Bisnow Multifamily Summit Charlie Henley Charter Properties Ginkgo Residential Grubb Properties John Porter Marshall Phillips Phil Payne Terwilliger pappas Todd Williams Tom Barker WRH Realty ServicesRead More »
The City Council on Monday took care of two business items that have stirred controversy over the past several months, among other issues. Council members were obligated to select four members to the newly formed but they yet-to-be empowered Charlotte Douglas International Airport advisory commission, and did so at Monday’s meeting. The Carolina Panthers also got a boost Monday night – following the team’s Sunday afternoon rout of the New York Giants – when council members voted to approve spending $28 million in public funds to help pay for renovations at Bank of America Stadium.
Tagged with: Airport Advisory Committee Anthony Fox Bank of America Stadium Bob Hageman Carolina Panthers Charlotte city council Charlotte Douglas International Airport Federal Aviation Administration First Ward Redevelopment Project Judge Robert Ervin Levine Properties Inc. Pam Syfert Pamela Bennett Robert Stolz Second Harvest Food BankRead More »
U.S. Secretary of Commerce Penny Pritzker revealed Thursday the winners of nearly $7 million in federal grant money, and three in-state organizations were selected to receive the money: the Charlotte-based Centralina Council of Governments, the Greensboro-based Piedmont Triad Partnership and the Morganton-based Burke Partnership for Economic Development, according to a release from the U.S. Department of Commerce.Read More »
Crescent Communities, the Charlotte-based commercial development firm, has broken ground on Crescent Cool Springs, a $42 million, 252-unit multifamily project at Carothers and Resource parkways, just off Interstate 65.Read More »
North Carolina lost 1,700 construction jobs from July to August, and even more when compared to August 2012, according to a report released Monday by the Associated General Contractors of America and based on statistics from the U.S. Department of Labor.Read More »
1200 South Boulevard, a 331-unit project at Carson and South boulevards, has been off the drawing board for more than a year, waiting to join the list of apartment projects coming to South End. The site is soon to change, with apartment construction set to begin within the next month, according to Capstone Building Corp., the Birmingham, Ala.-based general contractor that’s working on the project.
Tagged with: 1200 South Boulevard Boykin Management Co. Cambridge Development Group Camden Property Trust Capstone Building Corp. Carson and South boulevards Charlote Dalton Colonial Property Trust Grubb Properties Merrifield Patrick Vermilion Real Data South End apartmentRead More »
Associated Estates, a suburban Cleveland-based commercial real estate firm, is set to pay $324 million for 562 apartment units in two communities in the Queen City and more than 1,000 units in markets across the Southeast.Read More »