A representative from GoodSports Enterprises, which is seeking taxpayer funds to develop a sports complex near Bojangles’ Coliseum, declined to name the source of the company’s financing for the proposed $76.7 million venture at a meeting with city officials Wednesday. ...Read More »
North Carolina’s legislators returned to Raleigh on Wednesday, and contractors, real estate professionals and developers are watching to see what legislation may be considered that will make their work easier or more difficult, more lucrative or less profitable. Among issues ...Read 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 »
Apartments dominate construction: Multifamily developments account for 7 of 10 largest projects in 2014
Large commercial construction projects in Mecklenburg County in 2014 were dominated, like in many regions in the U.S., by the development of apartment buildings. One of Charlotte’s submarkets, Uptown/South End, was recently named the nation’s busiest submarket for apartment construction ...
Tagged with: ApartmentsRead 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 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 »
CHARLOTTE – The City Council approved several rezoning petitions Monday night and heard public comments on a proposed apartment development near Woodlawn Road at Abbey Place. Approvals included the rezoning of Dee Dee Harris’ Quail Hollow Village in south Charlotte, ...Read More »
Representatives of Babson Capital Management and of development partners Cornerstone Real Estate Advisors and Spectrum Properties were joined Monday morning by local officials and Gov. Pat McCrory to break ground the city’s first office tower to be constructed since the ...Read More »
Although apprehensive at first, employees at waste-handling and recycling equipment company Wastequip have had more than a year to adjust to its Silicon Valley-like shared and open office space. The trend is making its way into new industries, and Wastequip ...Read More »
CHARLOTTE – The U.S. Attorney’s Office on Wednesday filed a motion seeking the dismissal of the 28 charges remaining against Boggs Paving Inc., the Monroe-based company that has pleaded guilty to conspiring to defraud the federal government on road construction ...Read More »