CHARLOTTE – Apartments are dominating commercial construction in Charlotte, and are expected to continue to do so in the near future. And while industry professionals have wrapped their heads around why people want to live in apartments, the high-concentration of ...Read More »
Commercial Real Estate
A representative from GoodSports Enterprises, which is seeking taxpayer funds to develop a sports complex near Bojangles’ Coliseum, declined to name the source of the company’s financing for the proposed $76.7 million venture at a meeting with city officials Wednesday. ...Read More »
While Charlotte’s uptown area will continue to develop and benefit from an improving economy, the region’s suburbs are next in line to attract development, according to Kimley-Horn economist Frank Warren, who spoke Tuesday at the year’s first luncheon of the ...Read More »
Commercial outlook 2015: Population and job growth expected to support apartments, offices, industrial space
While the rapid growth of apartments in the Charlotte region has some industry professionals concerned that vacancy rates could rise in the near future, they believe job growth and projected population growth will fill the supply in the long run. ...
Tagged with: Cardinal Real Estate Partners Charlotte Chamber of Commerce Childress Klein Crescent Communities Frank Warren John Culbertson Lincoln Harris Mark Vitner Piedmont Properties Portman Holdings Spectrum Properties Wells FargoRead More »
The final segment of the Interstate 485 Outer Loop, which will be completed this spring, will be named after Allen Tate Jr., founder and CEO of Charlotte-based real estate company Allen Tate Co. The N.C. Board of Transportation made the ...
Tagged with: North Carolina Department of TransportationRead More »
CHARLOTTE – Charlotte-based developer Grubb Properties and New York Life Real Estate Investors have purchased a 19-story office building at 525 N. Tryon St. in uptown, near the two SkyHouse Uptown apartment towers that are being developed by Grubb Properties ...Read More »
Two of the nation’s busiest submarkets for apartment development since 2012 are in the Charlotte area, including Uptown/South End and Mooresville. Uptown/South End ranked first and Mooresville fifth, according to a recent report released by MPF Research in Texas. MPF ...Read More »
CHARLOTTE – Four officials from GoodSports Enterprise attended a City Council committee meeting Wednesday to assure members that they are committed to building an amateur sports complex on Independence Boulevard. They also said that in the past week they have ...Read More »
CHARLOTTE – The City Council approved several rezoning petitions Monday night and heard public comments on a proposed apartment development near Woodlawn Road at Abbey Place. Approvals included the rezoning of Dee Dee Harris’ Quail Hollow Village in south Charlotte, ...Read More »
Representatives of Babson Capital Management and of development partners Cornerstone Real Estate Advisors and Spectrum Properties were joined Monday morning by local officials and Gov. Pat McCrory to break ground the city’s first office tower to be constructed since the ...Read More »