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Commercial Real Estate

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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Renovation Report: Camden Sedgebrook (access required)

Camden Property Trust is in the process of renovating each of the 368 units at Camden Sedgebrook.  Photo by Payton Guion

With each new apartment project that pops up around Charlotte during this boom, the existing product only becomes more tired. So even though Camden Sedgebrook is only 15-years-old in human years, in apartment years, it’s ancient. Newer apartment communities were making it increasingly difficult for Sedgebrook to compete for tenants.

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Charlotte plans to demolish Eastland Mall (access required)

The city of Charlotte is likely to tear down the empty shell of Eastland Mall, despite one developer asking for a delay.   Photo by Payton Guion

With little fanfare, the city has decided to squash the hollow shell of Eastland Mall, in response to the perceived needs of the two developers who have been shortlisted to remake the 80-acre site. But Bert Hesse, CEO of Studio Charlotte Development, one of the developers considered for Eastland redevelopment, said city officials would be smart to hold off on the demolition, adding that, in doing so, they could save some money and possibly a piece of the storied mall.

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