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Construction and Real Estate

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Lynn Burnett didn’t have the greatest year in 2011. As an agent for Charlotte-based real estate firm Allen Tate, Burnett said 2011 handed her one of the toughest markets she’s ever seen in her eight years working for the company. Still, it was a better year than 2010, she said, if only because more people were buying.

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Lomax looking to West Morehead Street (access required)

Lomax Properties may soon start work on a 270-unit multifamily housing project in Charlotte if a rezoning petition goes its way. The Greensboro-based company is looking at 2014 Millerton Ave. as a site for the possible project. The 5.14-acre site is near the intersection of West Morehead Street and Julian Price Place.

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