Earth is moving this week on a 2.5-acre patch of the Metropolitan district slated to become home to a 261-unit, Class A apartment complex tentatively named in public documents as South Kings Midtown. The project is owned and being built by Lennar Multifamily Inc., according to public records, as part of a $1 billion nationwide dive into the apartment feeding frenzy by the single-family homebuilding giant Lennar Corp.Read More »
Crisis in craftsmen: Construction activity is up again, but the industry faces another, more troubling dilemma
Construction industry insiders now rushing to determine how best to cope with a labor shortage and its primary cause: Young people largely aren’t interested in joining the trades. Contractors are struggling to find skilled labor, a trend that could hinder future construction work.
Tagged with: Associated General Contractors of America Bill Stricker Bruce Gehrig Carolinas Associated General Contractors Central Piedmont Community College construction labor shortage Dave Clewley Department of Engineering Technology & Construction Management Kim Schueneman Manpower Starr Electric Co. University of North Carolina at CharlotteRead More »
Call it what you want, but South End, which was largely carved out of an industrial, railroad-crossed section of westernmost Dilworth in the 1990s, when people thought developer Tony Pressley might be a little nutty, is now rapidly spreading far beyond the traditional boundaries of its historic district.
Tagged with: 1100 South Boulevard Partners LLC 1200 South Boulevard Partners LLC Andy Misiaveg Brad Allen Cardinal Partners Charlotte-Mecklenburg Historic Landmarks Commission Cherokee Investment Partners Chris Fetter Crosland Southeast Dan Morrill Faison John Culbertson Lynx Light Rail Blue Line Mark Newell Merritt Scheller MPV Properties Myers Chapman Nancy Braun Pappas Properties Percival McGuire Publix Rob Pressley Scaleybark Sedgefield Shopping Center Group Showcase REalty LLC Simpson's Lighting Showroom South End Summat at Church Texas developer Tony Pressley Unknown Brewing Co. Walter Scholtz Wilmore YorkshireRead More »
Meritage Homes, one of the bigger homebuilders in the country, on Tuesday night appeared before the Wesley Chapel Village Council asking for increased density on the zoning of 125 acres at the intersection of Potter and Beulah Church roadsRead More »
CONCORD – OILES America Corp., an industrial bearing manufacturer based in Japan, has opened a $6 million, 48,000-square-foot expansion of the company’s North American headquarters in International Business Park, at 4510 Enterprise Drive Northwest. The OILES expansion project was undertaken ...Read More »
The Cornelius Planning Board passed – again – on Barnhardt. But they said “yes” to beer. Meanwhile, Cornelius Mayor Lynette Rinker said she has not ruled out seeking a seat in the N.C. General Assembly.
Tagged with: Barnhardt subdivision Bluestream Partners Cornelius Board of Commissioners Cornelius Planning Board jake palillo Lynette Rinker micro-breweries N.C. District 98 seat General Assembly wayne herron zoning ordinanceRead More »
Betting on the northeast I-485 spread: Priester announces second development, this one at Albemarle Road exit
Retail developer Jay Priester is betting again on future development near Interstate 485. Priester on Wednesday announced that his Cambridge Properties Inc. is developing a 17-acre site on vacant, unincorporated land east of the Albemarle Road exit of I-485, just past the Mint Hill town limits, and a half-mile from the future site of a Novant Health Presbyterian Medical Center campus expected in 2018.Read More »
Traditional economic theory says people follow jobs. In the Queen City over the last four to five years, however, jobs have either decreased or remained relatively stagnant while the city continues to attract migrants, said Bill Graves, assistant professor of economic geography at the University of North Carolina at Charlotte.Read More »
Lowe's second-quarter net income rose 26 percent as Americans feeling good about sprucing up their homes again snapped up indoor and outdoor home products and supplies. The second-largest home-improvement chain's results beat Wall Street expectations.Read More »
Despite the wettest late spring-early summer in recent memory, the Charlotte-area boomlet in residential construction that started in January continued apace, according to building permit records kept by Mecklenburg County Code Enforcement.Read More »