We’ve known for a while that institutional investors – led by the behemoth Blackstone Group – are making big investments in the Charlotte housing market. Now we know the extent of their investment, and the extent to which they are ...Read More »
Commercial Real Estate
PROVIDENCE COUNTRY CLUB – It’s not the number of car trips expected to be generated by the proposed $200 million Waverly mixed-used development that is the real traffic issue. It’s the length of those trips that matter, their destinations, and ...
Tagged with: Charlotte Department of Transportation Charlotte Regional Transportation Planning Organization Childress Klein Properties Chris Thomas Crosland Southeast David Weekley Homes Peter B. Pappas Shad Spencer Terwilliger Pappas Multifamily Partners WaverlyRead More »
SOUTH END – Despite the developer’s website saying construction started this time last year, demolition crews have just begun tearing down the Simpson’s Lighting building, at Carson Street and South Boulevard in South End. Once the old brick-and-mortar building is ...Read More »
SOUTH CHARLOTTE – The city of Charlotte will hold a community meeting at 7 p.m. Tuesday to gather neighborhood input on a proposed $200 million mixed-used development on 90 acres of the largest patch of undeveloped land anywhere in or ...Read More »
CORNELIUS – An independent consultant’s report forecasts that the town of Cornelius would save resources and money and would grow in population more conservatively if the town adopts a proposed new land-use plan to replace the 17-year-old one now in ...Read More »
BALLANTYNE – Associated Estates Realty Corp., a real estate investment trust based in Richmond Heights, Ohio, has bought The Apartments at Blakeney, a 295-unit apartment community. HFF Inc. of Pittsburgh closed the sale on behalf of owner Northwood Ravin, which ...
Tagged with: Northwood RavinRead More »
DAVIDSON – Two Charlotte commercial real-estate Goliaths are apparently smitten with little Davidson. With a one-two punch of projects, the commercial developers, among Charlotte’s most prestigious, want in on Davidson’s “College Town, Lake Town, Your Town” action. Childress Klein Properties ...Read More »
CHARLOTTE – The words “outlet mall” bring to mind the towns of Mebane and Gaffney, S.C., where the sprawling shopping complexes hunker on busy interstates, enticing travelers to stop in and drop some coin. The Charlotte Premium Outlets, which are ...
Tagged with: Cardinal Real Estate Partners Childress Klein Properties Chris Thomas Darrell Palasciano John Culbertson residential development Simon Property Group Steele Creek The Shopping Center GroupRead More »
HUNTERSVILLE – An “enterprise center” that would be a key component of a plan to revitalize the ramshackle trailer-park neighborhood of Huntington Green has run into opposition from a handful of the residents the nonprofit behind the project hopes to ...Read More »
Sorry, “Homeland” fans, your chance to own a piece of the hit Showtime show has passed. The SouthPark home of the fictional U.S. Marine and Congressman Nicholas Brody and his family has just sold for $405,000 – $10,100 over asking. ...Read More »