Massive sinkhole. That not only sounds vulgar – what you might call a hod carrier who accidentally dropped a cinder block on your foot, or an old-home renovation project gone way wrong – it also can be a pain in the pocketbook for a developer.Read More »
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The closing of Proffitt Dixon Partners’ purchase of the site for the Fountains at Stonewall apartment complex may be delayed up to two months, although a city official said he expects the closing to happen on schedule next week. The Fountains at Stonewall is a five-story, 210-unit luxury apartment complex planned for one of the few vacant patches of dirt in uptown Charlotte.
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Some folks love their old house and want a new gourmet kitchen. Some want to fix up the house so they can sell and buy a new one. Some found a bargain on a foreclosure and can afford to have it updated. Still others are simply dollar-conscious, choosing to invest in what they have rather than laying out more cash on something new.
Tagged with: renovationRead More »
The nine-county Charlotte housing market is no longer inching its way back to a recovery. It is zooming back. But – and this is a pretty big “but” – it is not roaring back, and that’s because builders don’t have enough inventory of completed homes to satisfy pent-up demand.
Tagged with: Economic recoveryRead More »
The Charlotte Premium Outlets mall planned for unincorporated southwest Mecklenburg County took another step toward construction Monday when the proposal won unanimous rezoning approval from the Charlotte City Council. The council on Monday also without dissent approved a separate request by the same landowner, Steele Creek Limited Partnership, for a nearby industrial/office park.
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