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Construction

South End by southwest (access required)

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.

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OILES opens expansion of Concord headquarters (access required)

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 ...

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

Beaver Farms

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)

money faucet

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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