Jon Cherry took the long way ’round to Charlotte, via Pittsburgh (his hometown), Baltimore, Cleveland and Charleston, S.C. It was worth it, he says, just to get out of Cleveland.
He was a newly married 31-year-old back in the fall of ’08, a two-year custom homebuilder just earning his market creds, and he had three big spec projects under way. That’s when the banks said, “No more.”
When he answered the phone about a year ago, Mayor John Woods heard that “some folks – they wouldn’t say who, it was all very cloak-and-dagger” – wanted to meet with him on an empty lot out by Interstate 77.
ROCK HILL — Eleven development groups filed 10 responses to a request for qualifications by the Tuesday deadline to participate in the planned $60 million, 90-acre redevelopment of Rock Hill’s abandoned textile corridor into the mixed-use Knowledge Park. “It’s encouraging to see the RFQ so well-received after the downturn in the real estate industry,” Knowledge [...]
Logan Brafford is all over the place, both for her job and in conversation. Either way, it's hard to keep up. Brafford works as the property manager for Lat Purser's My Niche Apartments division, the developer, builder and leaser of two boutique apartment buildings in NoDa and a third in Plaza Midwood that is in the final stages of construction and scheduled to open in May.
CHARLOTTE — Eighteen builders on Friday will throw open the doors of 72 new houses for the Parade of Homes, an annual Home Builders Association of Charlotte event that runs through April 28. In a new wrinkle this year, the event will have a Realtor preview day from 11 a.m. to 5 p.m. Thursday. The [...]
CHARLOTTE — The regional housing market continues to show incipient signs of recovery as the Charlotte Regional Realtor Association reported this week that sales volume climbed almost 25 percent in March over the same month in 2012. Home prices also rose in the monthly Carolina Multiple Listing Services report, with the average closing coming in [...]
Standard Pacific Homes wants to build a large master-planned development in a high-demand area near Lake Wylie, the latest example of a large homebuilding company self-developing residential subdivisions just outside Charlotte in rural South Carolina.
CHARLOTTE — The first eight homes will open this week — three of which are already under contract — in Elizabeth Heights a planned, 36-house, urban-revitalization project in the distressed, historically black Charlotte neighborhood of Grier Heights. “Getting these eight houses completed in under six months exemplifies the dedication and commitment of all involved to Grier [...]
As with more popular single-family homes, both the construction and sales of town houses appear to be slowly building their way back up from the rubble of the Charlotte-market housing crash. But a real recovery is still thousands of empty lots away. Mecklenburg County building permits for town houses are up dramatically in the first quarter of 2013 compared with the same period last year.