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Betting on the northeast I-485 spread: Priester announces second development, this one at Albemarle Road exit (access required)

Betting on the northeast I-485 spread: Priester announces second development, this one at Albemarle Road exit <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

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.

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Deconstructing economic theory: Construction activity up in Charlotte despite sluggish economy (access required)

Deconstructing economic theory: Construction activity up in Charlotte despite sluggish economy <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

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.

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Number of homebuilding permits highest since 2008 (access required)

Number of homebuilding permits highest since 2008 <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

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.

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Renovation Report: Kaleidoscope ─ The Business Center @ South Main Square (access required)

Renovation Report: Kaleidoscope ─ The Business Center @ South Main Square <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

South Main Square, in the arts district in the town of Davidson, has a little bit of everything. Well, almost everything.What it was missing was a large meeting space – for both business and social uses. But after some renovations to the former space of Davidson Beverage Co. and previously Masterworks School of the Arts in The Business Center, South Main Square will offer Davidson just such a space.

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