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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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M/I Homes buys yet more Cabarrus County land, announces another new subdivision (access required)

M/I Homes Charlotte is on a self-developing rampage. The local division of the Columbus, Ohio-based homebuilding giant just closed on a deal to purchase 225 acres of raw land in Harrisburg to develop and build a 297-home subdivision named Blume, according to Tamara Lynch, M/I Charlotte vice president for sales and marketing.

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