Although cutting or scaling back the right of way project along North Tryon Street would save $45 million, the Charlotte Area Transit System has decided to preserve those improvements. Such projects involve incorporating bike lanes in the roads, adding or ...Read More »
Construction and Real Estate
Foreclosure proceedings have been filed against Little Rock Storage LLC Wednesday for a site at 6513 Tuckaseegee Road in Charlotte. The corporation is in default of $4 million note, held by CommunityOne Bank, according to a court filing Wednesday. The trustee ...Read More »
The staff at Charlotte-based general contracting firm A.M. King has resorted to cold-calling potential clients in an effort to generate business. The practice has been working for the small company, said Tiffani Shoop, marketing coordinator for A.M. King, which handles ...Read More »
The Mecklenburg and Johnson mills, which sit vacant after failed redevelopment attempts, will be going up for sale next month. Peter Zeiler, the city’s transit station area development coordinator, said one goal is “to maximize the sale value, while preserving ...Read More »
Two years before he was to celebrate his 20th anniversary with Sherwin Williams and retire from the company, Ron Tvarock was laid off unexpectedly in December 2009. He was living in Fort Lauderdale, Fla. But after suddenly finding himself jobless, ...Read More »
Pine Lake Preparatory, the largest charter school in the state, completed the $20 million purchase of its 23-acre Mooresville campus Friday. Charlotte-based commercial developer Beacon Partners built the school in 2007, and the school leased the property until the purchase. Tax-exempt bond ...Read More »
Charlotte-based Cogdell Spencer said Thursday that it has priced an underwritten public offering of 2.6 million shares of its 8.5 percent Series A cumulative redeemable perpetual preferred stock with a liquidation preference of $25 a share. The company also has granted underwriters an option ...
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Mecklenburg County foreclosure filings rose 6.2 percent in November from the same month last year, Irvine, Calif.-based RealtyTrac said Thursday. The county had 953 foreclosure filings in November, accounting for one in every 423 homes, up from 897 in November ...
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For those who don’t consider the community value of local parks priceless, The Trust for Public Land has put a dollar value on Mecklenburg County’s parks, recreation centers and greenways: approximately $985 million. In 2009, the assets that fall under ...Read More »