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SouthPark residents upset over proposed hotel

By Scott Baughman, staff writer
Published: May 15,2012

CN Hotels' project has ticked off residents, who say it will be too tall, encourage too much commercial development in their neighborhood and be too dense of a development for a residential area.


Mandatory rental registration plan headed for City Council vote (access required)

By Scott Baughman, staff writer
Published: May 11,2012

Last week, in a 4-0 vote, the council’s public safety committee gave its support to the proposal, which calls for rental property owners to give the Charlotte-Mecklenburg Police Department their contact information, including business and home addresses and phone numbers.


Fannie Mae earns $2.7B in 1Q (access required)

By The Associated Press
Published: May 11,2012

U.S. mortgage giant Fannie Mae made money in the first three months of the year and is not seeking additional federal aid. It’s the first time the company has reported a net income gain since it was taken over by the government during the 2008 financial crisis. Fannie on Wednesday reported that it earned net income attributable [...]


Mecklenburg County leery of online version of residential building code (access required)

By Scott Baughman, staff writer
Published: February 29,2012

Despite saying Tuesday that the county’s Land Use and Environmental Services Agency would be able to use an online version of the 2012 North Carolina residential building code to review permit applications that are submitted after today, LUESA now says it can’t rely on the online code because it is in draft form. Bottom line: [...]


Mecklenburg County could buy homes for $2 (access required)

By Scott Baughman, staff writer
Published: February 20,2012

For less than it costs for a latte at Starbucks, Mecklenburg County could buy two houses from Judy Su.


Ruling means Charlotte can continue trash reimbursement policy for now (access required)

By Tara Ramsey, staff writer
Published: February 10,2012

In a setback for some in Charlotte’s multifamily industry, the North Carolina Court of Appeals has stayed a Superior Court judge’s decision that would have required the city to reimburse all trash-collection companies for fees incurred at the Charlotte Motor Speedway Landfill. Court of Appeals Judge John Connell issued his decision Thursday, overturning Superior Court [...]


Crescent Properties seeks rezoning of 319 acres for up to 559 homes (access required)

By Scott Baughman, staff writer
Published: February 6,2012

It started off as a project that could contain 721 homes. Now, Crescent Properties is hoping to get rezoning approval from the city of Charlotte for a much smaller development. Chapel Cove at Glengate, planned for 319 acres in Charlotte on the east and west sides of Shopton Road West and near Winget Road, will [...]


Obama details broader housing plan (access required)

By The Associated Press
Published: February 2,2012

President Barack Obama called on Congress Wednesday to make it easier for millions of additional homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth.


Fee frustrations (access required)

By Tara Ramsey, staff writer
Published: January 30,2012

The apartment industry in Charlotte is doing well. Rents have been soaring, and occupancies are up – all thanks to the downturn in the single-family housing market. But just because apartment owners are seeing a rise in business it doesn’t mean they want to fork over money to register their properties with the city.


Associated Builders 
and Contractors unimpressed with Obama’s address (access required)

By Dolan Media Newswires
Published: January 30,2012

President Obama delivered his State of the Union address last week, largely focusing on the economy and the growing wealth gap in the U.S. He said we should restore the economy to one where “everyone gets a fair shot." But the Associated Builders and Contractors said the speech was just more of the same from the president.