Ridge Creek IV was the first large industrial building built in Charlotte in five years, and with around 200,000 square feet of space for the taking, the Childress Klein Properties-owned building seemed ideal to reel in those tenants who were waiting for a recovery to make a move to buildings new. But only one tenant has signed a deal since the building opened.Read More »
The latest twist in a rezoning drama that has been going on for 18 months has left developer CN Hotels of Greensboro with no room for an inn. The outcome of a contested rezoning usually satisfies either the protestors on one side or the landowner and developer on the other. But the case of a vacant 0.72-acre lot at 6026 Park South Drive has been anything but usual.
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More than one year, two developers and a rezoning battle later, construction is finally underway on new Class A apartments in the Kenton Place mixed-use development on West Catawba Avenue. Kenton Place Partners LLC of Charleston, S.C., last Tuesday pulled nearly $3.5 million in Mecklenburg County building permits to start construction on a three-building, 210-unit complex, which is expected to build out at a cost of more than $25 million, according to Lance Youngquist, one of three partners behind the project.Read More »
How do you build a house in 30 hours? Help. Lots of help, like 150 around-the-clock volunteers, a handful of professional supervisors and a dozen paid AmeriCorps interns. If there was a third "H" in Habitat for Humanity, Frank Spencer said, it would stand for help, on which the organization depends for its existence.Read More »
Greensboro-based Lomax Properties, a commercial real estate firm, is in the midst of developing Morehead West apartments, a 212-unit community on Millerton Avenue, just off West Morehead Street, hoping that corridor is on the rebound, rather than the relapse.Read More »
Swedish flat-pack furniture giant IKEA will start selling residential solar panels at its stores in Britain, the first step in its plan to bring renewable energy to the mainstream market worldwide. The company started selling solar panels made by China's Hanergy in its store in Southampton on Monday. It will sell them in the rest of Britain in coming months, it said.
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Work begins next month on a $2.7 million project in Charleston, S.C., to restore a section of the promenade and Battery seawall dating to 1919. Renovations to other sections of the Battery, which winds more than a mile along the shore where the Ashley and Cooper rivers, will follow in the future.Read More »
If you have to save trees in the forest, and there is no forest, does it make a noise at town hall? That was the question recently brought before the Huntersville Planning Board.Read More »
1200 South Boulevard, a 331-unit project at Carson and South boulevards, has been off the drawing board for more than a year, waiting to join the list of apartment projects coming to South End. The site is soon to change, with apartment construction set to begin within the next month, according to Capstone Building Corp., the Birmingham, Ala.-based general contractor that’s working on the project.Read More »
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 »