CHARLOTTE – Ferncroft Capital, a local real estate investment company, revealed last week that it has bought Morrison, a 131,000-square-foot retail property, for $44.9 million, according to the company. Morrison sits at Sharon and Colony roads in SouthPark and is ...Read More »
CHARLOTTE – Less than a month after the City Council voted to extend a program that allows developers to pay a fee in lieu of installing stormwater mitigation on redevelopment sites, the city staff has scheduled a stakeholder meeting to ...Read More »
Looking for a fun way to give back to the community? The Salvation Army of Greater Charlotte Boys and Girls Clubs and Showcase Realty are teaming up to sponsor Family Fun Fest and they’re looking for volunteers to help staff ...Read More »
Pat Rodgers, president and CEO of Rodgers Builders, has been elected chairman of the Construction Industry Roundtable, a national trade association comprising more than 110 chief executives from design and construction companies across the Unites States. With her appointment, Rodgers ...Read More »
Credit defaults are at their lowest levels since June 2006, according to a new report released by S&P Dow Jones Indices and Experian, the credit reporting business. In April, the average national credit default rate on all loans was 1.11 ...Read More »
Construction employment in North Carolina dropped in April to 176,700 jobs from 179,200 in March, a 1.4 percent drop, which was the 11th-worst in the U.S. in that time, according to a report from the Associated General Contractors of America ...
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Two multifamily Plaza Midwood projects made announcements this week, one that it would begin construction soon and one that it was nearly complete. Northwood Ravin is developing the soon-to-start Morningside Village, a $50 million, 403-unit development. Site work started this ...Read More »