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NEWS ANALYSIS: Attorney warns that based on recent ruling, N.C. homeowners unlikely to get money (access required)

NEWS ANALYSIS: Attorney warns that based on recent ruling, N.C. homeowners unlikely to get money <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

A recent, and murky, N.C. Court of Appeals decision that appears to limit 10-year construction warranties to six years has been invoked by a homebuilder’s attorney, who nonetheless has said his client will make the necessary repairs. The key to this little paradox involving a seven-year-old house in Monroe is, apparently, understanding the difference between two legal phrases.

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Lights! Camera! Eastland? City Council starts negotiations with movie studio developer (access required)

Lights! Camera! Eastland? City Council starts negotiations with movie studio developer <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

CHARLOTTE – The City Council voted unanimously Monday night to begin negotiations with a movie studio developer to redevelop Eastland Mall. Studio Charlotte Development, led by CEO Bert Hesse, has emerged as the city’s preliminary choice for the redevelopment, even if the choice was more by default.

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REBOOT 2.0: Permits up $212.9M in 20 dark days (access required)

REBOOT 2.0: Permits up $212.9M in 20 dark days <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

The computer system went down again, and the economy stayed down again, but the value of Mecklenburg County building permits surged by $212.9 million during a 20-day period that ended Thursday. That was nearly double the value of permits issued in previous 20 days, and nearly double the same 20 days last year.

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Deconstructing economic theory (access required)

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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Act II, Scene I: City expected to start negotiating with film studio over development at abandoned mall (access required)

Act II, Scene I: City expected to start negotiating with film studio over development at abandoned mall <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

The city’s Economic Development Committee last week made a decision that increased the likelihood of an ambitious $300 million film studio being built on the East Side. The committee, which includes Mayor Pro Tem Patrick Cannon and City Council members Warren Cooksey, David Howard, LaWana Mayfield, and James Mitchell, will recommend on Aug. 26 that the full City Council vote to enter into a memorandum of understanding with Studio Charlotte Development, starting exclusive negotiations with the company.

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Demand for houses continues to rise, despite higher unemployment (access required)

Demand for houses continues to rise, despite higher unemployment <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Builders built a lot more new houses. Builders sold a lot more new houses. Builders are getting ready to build even more new houses. In fact, the Charlotte metro area now ranks ninth among the country’s 381 metropolitan statistical areas in the number of single-family detached building permits issued this year.

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DISTRICT 7: Charlotte City Council candidates talk about development (access required)

The four candidates to replace District 7 Charlotte City Councilman Warren Cooksey are a financial planner, an economist with impressive academic bona fides, a sales consultant in workplace safety, and an outspoken Tea Party organizer. Here's what they have to say about development in the development rich district, which includes Ballantyne and other areas of southernmost Charlotte.

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