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Apartment industry cries out for more student rentals (access required)

Apartment industry cries out for more student rentals <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Across Charlotte, the apartment industry is keeping an eye on Aspen Heights. Aspen is seeking approval for a type of housing that would be new to Charlotte: stand-alone homes – with multiple bedrooms, that could be rented for five months or more. Aspen is hoping to cash in on students, particularly those attending UNC-C, where enrollment has been rising.

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HUB of activity (access required)

HUB of activity <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

In North Carolina, state government requires there be a minimum of 10 percent participation by so-called Historically Underutilized Businesses in all state-funded construction projects. But at the University of North Carolina at Charlotte, that percentage has been exceeded.

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Perking down: Where commercial property incentives are becoming harder to find (access required)

With Charlotte’s commercial real estate market still stuck in tenants’ favor, landlords continue to bite the bullet and offer free rent. And some don’t expect free rent and other tenant incentives to disappear in the near future. But in some sections, the incentives appear to have begun drying up.

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