The Charlotte City Council unanimously approved a $5.06 million contract Monday to Blythe Development for construction of the Eastburn Storm Drainage Improvements project despite concerns that the bid was $600,000 more than a previous bid from the same company for ...Read More »
Construction and Real Estate
A federal lawsuit filed against Charlotte-based National Gypsum has been dropped, according to a statement from the drywall manufacturer. The plaintiff — Yee v. National Gypsum, et al. — voluntarily dismissed his class action lawsuit, which was filed against the ...Read More »
Bidders interested in leasing buildings owned by Charlotte-Mecklenburg Schools will have a chance to tour the facilities next week. The sites — 11 school buildings — will be closed as part of CMS’ plans to reduce operating costs. Bidding began ...
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Charlotte-area home sales rose by only 0.2 percent in March from the same month a year ago, while the average sales price fell 1.6 percent, the Charlotte Regional Realtor Association said today. But March’s 1,903 closing were up 43 percent from ...
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An environmental-impact analysis of a proposed 10-mile Charlotte streetcar line is available for the public to review, the city said today. The line, which would connect the city’s east and west sides, would have 37 stops and run from the Rosa ...Read More »
Last month, the Charlotte City Council approved a new policy designed to spread subsidized, affordable housing throughout the city. Months in the making, the policy is supposed to ensure that affordable housing in not clustered in certain areas. But not ...Read More »
North Carolina home prices fell 2 percent in February from a year ago, according to Santa Ana, Calif.-based CoreLogic. The figure includes distressed sales. Prices for nondistressed sales rose 1.5 percent in the state. National home prices, including distressed sales, ...
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Gladstone Commercial Corp. today said it has bought a 60,000-square-foot office building in Hickory for $10.7 million. A press release from the McLean, Va.-based company did not list the property’s location. The building has a tenant with nine years remaining on its lease ...
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A group of Charlotte residents has asked Charlotte City Council members to do something about the foreclosure crisis’ impact on the Queen City. The group, Helping Empower Local People, told the council that there isn’t enough enforcement to ensure that ...Read More »