Many and perhaps most of the 2,600 MetLife insurance company jobs headed to North Carolina -- roughly half of them to Charlotte -- will be local hires, a top executive with the insurance giant said late Thursday afternoon.Read More »
Commercial Real Estate
One of the most luxurious neighborhoods in the Charlotte area, The Peninsula, has drawn celebrity and wealth to Lake Norman for years, most recently NBA legend Michael Jordan, owner of the Charlotte Bobcats. And real estate professionals never tire of listing The Peninsula’s attractive features.
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Biltmark Development, a real estate firm based in Wilmington, has bought 2.3 acres near the Bank of America Stadium for a possible apartment project.Read More »
The Cornelius Board of Commissioners on Monday night voted to delay a final decision on a rezoning request by Lake Norman Hyundai on an expansion so large that it amounts to a brand new dealership.Read More »
Despite longstanding objections by residents, the Charlotte City Council last week unanimously voted to grant a Steele Creek Limited Partnership up to $5.1 million in property tax rebates for infrastructure improvements near the proposed Steele Creek outlet mall in southwest Charlotte.
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It used to be that Charlotte was known primarily as a transportation hub. Then along came the banking and finance industries, rolling over that reputation. But the 2013 construction of new an intermodal facility might just turn back time for city, restoring it's glory as a crossroads for transport, according to developers for the facility and officials with the state transportation department and Charlotte Douglas International Airport.Read More »