More than one year, two developers and a rezoning battle later, construction is finally underway on new Class A apartments in the Kenton Place mixed-use development on West Catawba Avenue. Kenton Place Partners LLC of Charleston, S.C., last Tuesday pulled nearly $3.5 million in Mecklenburg County building permits to start construction on a three-building, 210-unit complex, which is expected to build out at a cost of more than $25 million, according to Lance Youngquist, one of three partners behind the project.Read More »
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How do you build a house in 30 hours? Help. Lots of help, like 150 around-the-clock volunteers, a handful of professional supervisors and a dozen paid AmeriCorps interns. If there was a third "H" in Habitat for Humanity, Frank Spencer said, it would stand for help, on which the organization depends for its existence.Read More »
Bruce Andersen is the long-time chairman of the planning board in the area’s fastest-growing municipality, Huntersville, a board he’s been appointed to by the town’s Board of Commissioners since 1998. Andersen, 74, is also confident enough to poke fun at himself and his fellow board members, calling them “micromanagers.”Read More »
Led by the behemoth Blackstone Group, the largest alternative investment company in the world, institutional investors are buying a lot of single-family homes in Charlotte, fixing them up, renting them out and holding onto them to see if they rise in value. One of every five houses sold in May, June and July in the Charlotte market went to big investors, a higher percentage than in any other market but Atlanta.
Tagged with: American Homes for Rent blackstone group Eric Locher invitation homes j.c. underwood Metrolina Real Estate Investors Association Nancy Braun national association of real estate investment trusts national real estate investors association oakmont homes RealtyTrac rentrange robert shiller The American Home Tom PearsonRead More »
Thanks to a building permit worth $755,872, a property owner on the Peninsula soon will be able to boast, “I can see Denver from my house.” That property owner, Ramzi Abul-Hajj of Huntersville, on Tuesday pulled the most valuable Mecklenburg County single-family home permit of the year to build a 10,000-plus square-foot waterfront home on the very westernmost tip of the county’s extension into Lake Norman, according to county records.Read More »
If you have to save trees in the forest, and there is no forest, does it make a noise at town hall? That was the question recently brought before the Huntersville Planning Board.Read More »
Look at the signs on roads with names like Lawyers, Idlewild, Matthews-Mint Hill, Lebanon, Margaret Wallace, wending their way through bucolic, small-town America 15 minutes from the big city, and the signs are pretty clear: Mint Hill is available, baby. A-vail-a-ble.
Tagged with: brian welch bridges at Mint hill Cardinal Partners carolina heelsplitter Childress Klein Properties Chris Thomas development howard hughes corp. John Culbertson Mint Hill Publix Ryland Homes Stiles Real Estate Investment ServicesRead More »
Earth is moving this week on a 2.5-acre patch of the Metropolitan district slated to become home to a 261-unit, Class A apartment complex tentatively named in public documents as South Kings Midtown. The project is owned and being built by Lennar Multifamily Inc., according to public records, as part of a $1 billion nationwide dive into the apartment feeding frenzy by the single-family homebuilding giant Lennar Corp.Read More »