CHARLOTTE – Charlotte-based developer Grubb Properties and New York Life Real Estate Investors have purchased a 19-story office building at 525 N. Tryon St. in uptown, near the two SkyHouse Uptown apartment towers that are being developed by Grubb Properties ...Read More »
WASHINGTON — U.S. home values rose at a measured pace in November, a sign that demand remains weak as many buyers have been priced out of the market. Prices increased 5.5 percent in November compared with 12 months earlier, real ...Read More »
LAS VEGAS — Imagine a world in which your garage door opens automatically as you pull into the driveway. The living room lights and heater turn on — perhaps the oven starts warming up, too. In the so-called “smart home,” ...Read More »
D.R. Horton Inc. has won the race with top honors in a count of single-family residential building permits issued in Mecklenburg County in 2014. The Fort Worth, Texas-based company led by far in both the number of permits issued and ...Read More »
Apartments dominate construction: Multifamily developments account for 7 of 10 largest projects in 2014
Large commercial construction projects in Mecklenburg County in 2014 were dominated, like in many regions in the U.S., by the development of apartment buildings. One of Charlotte’s submarkets, Uptown/South End, was recently named the nation’s busiest submarket for apartment construction ...
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Most read online stories of 2015: Architecture, legal battles, personality profiles and project development pique readers’ interest
The year brought a lot of big news in real estate, construction and development in Charlotte, including the conviction of Mayor Patrick Cannon in a development-related bribery scandal; a continued apartment construction boom; announcements and groundbreakings for the first office ...Read More »
A stucco manufacturer that advertised a 20-year warranty may have to make good on that offer, despite a North Carolina law that generally requires any lawsuits over real property improvements to be brought within six years of the construction’s completion. ...Read More »
The Charlotte area saw a 6 percent increase in median home prices for the year ending in November, according to RealtyTrac. In the Charlotte-Concord-Gastonia statistical area, the median home price, including distressed sales, was $157,000 last month, up from $148,000 ...
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A commercial contractor that crushed an old manufacturing plant into usable material for a new project qualifies as a “laborer” under state law, and is therefore entitled to a mechanic’s lien, according to a recent S.C. Court of Appeals ruling. ...Read More »