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Construction and Real Estate

Rising visitor demand sparks hotel boom (access required)

Crosland and Alta Financial Services broke ground late last month on the Hilton Garden Inn and Homewood Suites Charlotte SouthPark. The six-story, 270-room hotel is the first to be built in SouthPark since Hampton Inn & Suites at Phillips Place opened in 1998. Illustration courtesy Crosland and Alta Financial Services

Steadily rising demand for hotel rooms has hit an all-time high in Mecklenburg County, and developers have taken notice. Nearly 1,400 uptown hotel rooms are in some stage of development, with highlights including the recent groundbreaking on a 250-room Embassy ...

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New-home sales up 5.7% (access required)

Business forecast sales increase

Sales of newly built single-family homes rose nationally at a 5.7 percent seasonally adjusted rate in August to an estimated 552,000 from a revised July estimate of 522,000. Sales were up nearly 22 percent from the August 2014 estimate of ...

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