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Commercial Real Estate

Renovation Report: New Hope Apartments (access required)

When Brenda Hayden first set her eyes on the foreclosed and defunct 22-unit apartment complex that Builders of Hope was considering transforming into an affordable-housing development in west Charlotte, one word came to mind: uninhabitable. Despite the squalor -- three people were squatting in the three blighted buildings on Rowan Street -- BOH bought the property in 2009 with a neighborhood stabilization grant from the U.S. Department of Housing and Urban Development, said Hayden, Charlotte-area director of BOH, which is based in Raleigh.

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Renovation Report: Amay James Recreation Center (access required)

AAR of North Carolina is the general contractor for the $208,400 roofing project at the center. Photo by Payton Guion

When the doors to the Amay James Recreation Center were closed in 2008, it wasn't clear to county officials if or when it might reopen. In the throes of a wretched economy, a shrinking budget forced Mecklenburg County to shutter the facility. So it sat empty for close to four years. And, in that time, it languished.

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