"Retail is in the tank right now in Cornelius," said the developer, Gary Cangelosi. "It’s overbuilt in retail. Just look at the storefronts. Just look at what happened to the four grocery stores that used to be there."Read More »
In August, the court, in a 5-2 ruling, said it was illegal for the county to charge developers and homebuilders the fees, which had to be paid whenever new homes or multifamily units were built. The county said the fees were necessary to offset the impact more homes would have on schools.
Tagged with: Cabarrus CountyRead More »