CHARLOTTE – Apartments are dominating commercial construction in Charlotte, and are expected to continue to do so in the near future. And while industry professionals have wrapped their heads around why people want to live in apartments, the high-concentration of ...Read More »
Construction and Real Estate
BELMONT – Site work has begun on McLean, a 670-acre master-planned development in Belmont that will include 800 homes, a marina, commercial space and a public park along the largest undeveloped portion of the Lake Wylie shoreline. The community also ...Read More »
National mortgage lender Movement Mortgage LLC has announced the relocation of its national headquarters to the Bailes Ridge Business Park in Lancaster County, S.C. Movement Mortgage plans to invest $22 million to build a 104,000-square-foot office building on 24 acres ...
Tagged with: Lancaster CountyRead More »
Commercial outlook 2015: Population and job growth expected to support apartments, offices, industrial space
While the rapid growth of apartments in the Charlotte region has some industry professionals concerned that vacancy rates could rise in the near future, they believe job growth and projected population growth will fill the supply in the long run. ...
Tagged with: Cardinal Real Estate Partners Charlotte Chamber of Commerce Childress Klein Crescent Communities Frank Warren John Culbertson Lincoln Harris Mark Vitner Piedmont Properties Portman Holdings Spectrum Properties Wells FargoRead More »
The final segment of the Interstate 485 Outer Loop, which will be completed this spring, will be named after Allen Tate Jr., founder and CEO of Charlotte-based real estate company Allen Tate Co. The N.C. Board of Transportation made the ...
Tagged with: North Carolina Department of TransportationRead More »
CHARLOTTE – Several developers are seeking rezonings for projects ranging from huge multifamily housing developments to transit-oriented and mixed-use projects. Along the proposed Lynx Blue Line extension route, property owner Carolina States Regional Center wants to build a 350-unit apartment ...
Tagged with: Light railRead More »
D.R. Horton Inc. has won the race with top honors in a count of single-family residential building permits issued in Mecklenburg County in 2014. The Fort Worth, Texas-based company led by far in both the number of permits issued and ...Read More »
Most read online stories of 2015: Architecture, legal battles, personality profiles and project development pique readers’ interest
The year brought a lot of big news in real estate, construction and development in Charlotte, including the conviction of Mayor Patrick Cannon in a development-related bribery scandal; a continued apartment construction boom; announcements and groundbreakings for the first office ...Read More »
A stucco manufacturer that advertised a 20-year warranty may have to make good on that offer, despite a North Carolina law that generally requires any lawsuits over real property improvements to be brought within six years of the construction’s completion. ...Read More »
A commercial contractor that crushed an old manufacturing plant into usable material for a new project qualifies as a “laborer” under state law, and is therefore entitled to a mechanic’s lien, according to a recent S.C. Court of Appeals ruling. ...Read More »