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Outlet mall may attract more than shoppers to Steele Creek (access required)

outlet

CHARLOTTE – The words “outlet mall” bring to mind the towns of Mebane and Gaffney, S.C., where the sprawling shopping complexes hunker on busy interstates, enticing travelers to stop in and drop some coin. The Charlotte Premium Outlets, which are ...

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Monroe Bypass supporters make presentation at Indian Trail meeting; opposition not invited (access required)

monroe bypass map

For a portion of the Indian Trail Town Council meeting Tuesday night, it seemed like a sanctioned parade for the proposed Monroe Bypass. Officials from state, county and local organizations raved about how the 19.7-mile toll road that would run from Stallings to Marshville would boost economic viability on U.S. Highway 74. They made a good case for the bypass, spouting facts about long commute times, heavy tractor-trailer use and how local businesses would benefit. But the opposition to the scrutinized bypass proposal wasn’t invited to speak at the council meeting, making the job easier.

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Crescent Communities begins construction on $55 million Dilworth apartments (access required)

Construction started this week on Crescent Dilworth, a 296-unit apartment community. Photo by Payton Gui

DILWORTH – Crescent Communities, the Charlotte-based commercial developer, has started construction on the 296-unit Crescent Dilworth apartment project. Permits were issued for the project earlier this month, but construction started just this week on the $55 million apartment community, according ...

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Southern Apartment Group moves corporate office (access required)

Southern Apartment Group is relocating its headquarters to the Grinnell Water Works Building on Morehead Street.  Photo by Payton Guion

Southern Apartment Group, a locally based multifamily developer, is a little busier this month and it has nothing to do with the apartment projects the company is working on across the city. Southern is moving its corporate headquarters to the FreeMore area of Charlotte, at 1435 W. Morehead St. in the Grinnell Water Works Building.

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Monroe Bypass divides Union County communities: DOT suspends work but continues payments to contractors, including one facing unrelated felony charges (access required)

monroe bypass map

State and federal transportation officials are putting the final touches on a second draft environmental report on the proposed Monroe Bypass, as nearby towns debate the project’s merits. Meanwhile, a lead bypass construction contractor continues to collect payments even though all work on the project has been suspended – and even as the company and four of its employees face federal fraud charges not related to the bypass work.

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Buildings spring up in The Park: Huntersville mixed use center revived following recession (access required)

Rooftops+Recovery+Recent Hospital Expansion=Commercial Real Estate Revival. That appears to be formula at work in The Park-Huntersville – and its joined-at-the hip spin-off, the Gilead Center – where seven new construction projects are underway or in the pipeline.

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Historic designation would be grist for Hawthorne Mill (access required)

Louise Cotton Mill, now known around town as Hawthorne Mill, is one of several old textile factories that serve as a historic reminder of what became known as Charlotte’s first true industry in the late 19th and early 20th centuries. But the redevelopment of Hawthorne Mill differs from new multifamily development in that developers can’t just come in and put up projects as they wish. There are strict guidelines governing historic properties that don’t apply to new projects.

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Charlotte developer agrees to settlement over coastal property (access required)

The North Carolina Department of Justice is preparing to reach out to about 1,100 people who purchased properties at two coastal North Carolina developments in Carteret and Onslow counties. Noelle Talley, public information officer at the N.C. Department of Justice, said the Consumer Protection Division will be sending letters to the buyers of properties at two communities, Cannonsgate and Summerhouse, to encourage them to file claims if eligible.

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