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Commercial Real Estate

Commercial Confidential: Matthews Corners (access required)

Despite heavy retail competition, Matthews Corners has almost no vacancy.  Photo by Payton Guion

It sits at the intersection of Matthews Township and Northeast parkways, but Matthews Corners hasn’t cornered the market for attracting shoppers. The 167,459-square-foot shopping center is literally on the corner of the busiest section of retail in the town of Matthews.

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Site unseen: filling space in Charlotte that isn’t built yet (access required)

Portman and Trinity Partners will have to lease a good portion of the building before construction can start.   Photo by Nell Redmond

Imagine signing a lease for offices in a building at the same time you have to imagine both the offices and the building. That’s what’s happening in uptown Charlotte, where Portman Holdings, a worldwide development and architecture firm based in Atlanta, is planning a large office tower on Stonewall Street, on top of the existing parking deck at The Westin, which Portman also owns.

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Sign up: Builders may get a break on projects that require zoning board rulings (access required)

Sign of the times? Builders may catch a break if they pay attention to making signs for their rezoning requests.

When a local zoning board of adjustment rules in favor of a builder, the zoning battle is not necessarily over. That’s because the deadline for anyone to appeal such a ruling can be a moving target. And if the appeal succeeds, it can kill a project that at one point seemed a sure thing. But House Bill 276, which has passed the North Carolina House and is in the Senate Commerce Committee, would set a much more firm appeal deadline, provided the builder who got the favorable ruling knows the rudiments of making and displaying a sign.

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As seen on TV: Charlotte companies are in DIY showbiz (access required)

Darin Brockelbank installed this pool at a home at Lake Wylie, S.C. Brockelbank's performing on home-improvement TV hasn't paid  off in big profits. Photo by Nell Redmond

Television networks devoted to all things real estate and home improvement are pumping out new shows in less time than it takes to drive to the neighborhood Lowe’s or Home Depot. But what’s in it for all the businesses that volunteer their time and materials to make this peculiar brand of TV work? At least four business people in Charlotte can provide varied answers to that question. Their experiences ranged from not-so-good to stellar, with stops in between. But, as a testament to the powerful allure of showbiz, all said they would do it again.

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