A national multifamily report, released last week by New York-based Reis, a commercial real estate analytics firm, shows apartment vacancies well below the 20-year national average and rents steeper than before the Great Recession.Read More »
Land use attorneys across the state are hailing a U.S. Supreme Court ruling that greatly reduces the amount of leverage municipalities can wield in granting developers permits. A 5-4 majority in Koontz v. St. Johns River Water Management District held that the U.S. Constitution’s takings clause not only applies to cases in which a project is approved with “extortionate” conditions, but also to those denied when a developer refuses to agree to the coercive demands of the government.
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It would be off Little Hope Road, but developer Matt Ewers has a far sunnier ─ and heartfelt ─ vision for a 15-home pocket subdivision called the Villas at Mattie Rose in the heart of this neighborhood not far from the pricier Dilworth and Myers Park.Read More »
Visitors to Myers Park Mustangs home football games this season will notice quite a bit has changed on the away side of the field since last season. But the pigskin-related renovations are just a piece of a three-phase, roughly $14.4 million construction project at the high school.Read More »
It’s been 22 years since the Morrison Regional Library opened in SouthPark, at the intersection of Colony Road and Morrison Boulevard. Back in 1991, said David Singleton, director of libraries in Mecklenburg County, people used the library very differently than they do today.
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To avoid an anticipated bottleneck in county planning due to amended wall-bracing rules that take effect Sept. 1, builders are being advised to submit their master plans, revised if necessary, for reapproval as soon as possible.Read More »