Construction industry insiders now rushing to determine how best to cope with a labor shortage and its primary cause: Young people largely aren’t interested in joining the trades. Contractors are struggling to find skilled labor, a trend that could hinder future construction work.Read More »
Commercial Real Estate
Call it what you want, but South End, which was largely carved out of an industrial, railroad-crossed section of westernmost Dilworth in the 1990s, when people thought developer Tony Pressley might be a little nutty, is now rapidly spreading far beyond the traditional boundaries of its historic district.
Tagged with: Andy Misiaveg Cardinal Partners Charlotte-Mecklenburg Historic Landmarks Commission Crosland Southeast Dan Morrill Faison John Culbertson MPV Properties Nancy Braun Pappas Properties Percival McGuire Publix Sedgefield South EndRead More »
CONCORD – OILES America Corp., an industrial bearing manufacturer based in Japan, has opened a $6 million, 48,000-square-foot expansion of the company’s North American headquarters in International Business Park, at 4510 Enterprise Drive Northwest. The OILES expansion project was undertaken ...Read More »
Betting on the northeast I-485 spread: Priester announces second development, this one at Albemarle Road exit
Retail developer Jay Priester is betting again on future development near Interstate 485. Priester on Wednesday announced that his Cambridge Properties Inc. is developing a 17-acre site on vacant, unincorporated land east of the Albemarle Road exit of I-485, just past the Mint Hill town limits, and a half-mile from the future site of a Novant Health Presbyterian Medical Center campus expected in 2018.Read More »
Heavy precipitation has left contractors and developers in the area wringing out their plans and looking for ways to get back on schedule. This summer, the Piedmont of the Carolinas has seen between 150 and 200 percent of its typical rainfallRead More »
The computer system went down again, and the economy stayed down again, but the value of Mecklenburg County building permits surged by $212.9 million during a 20-day period that ended Thursday. That was nearly double the value of permits issued in previous 20 days, and nearly double the same 20 days last year.
Tagged with: Mecklenburg County Code EnforcementRead More »