Office and industrial insiders for months have been noting what they call a “tightening” of the markets in Charlotte. Last week, Charlotte-based Karnes Co., an area analytics firm, released its second-quarter reports; time to see if the numbers back up the talkRead More »
A national multifamily report, released last week by New York-based Reis, a commercial real estate analytics firm, shows apartment vacancies well below the 20-year national average and rents steeper than before the Great Recession.Read More »
Land use attorneys across the state are hailing a U.S. Supreme Court ruling that greatly reduces the amount of leverage municipalities can wield in granting developers permits. A 5-4 majority in Koontz v. St. Johns River Water Management District held that the U.S. Constitution’s takings clause not only applies to cases in which a project is approved with “extortionate” conditions, but also to those denied when a developer refuses to agree to the coercive demands of the government.
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Not long ago, when potential tenants were seeking office space across the city, they were at the mercy of the landlord or owner.Those conversations changed during the recession, when vacancy rates were climbing and landlords were grasping for tenants. But as Charlotte moves back toward a landlord’s market, tenants aren’t relinquishing all the cards they’ve been handed.Read More »
It would be off Little Hope Road, but developer Matt Ewers has a far sunnier ─ and heartfelt ─ vision for a 15-home pocket subdivision called the Villas at Mattie Rose in the heart of this neighborhood not far from the pricier Dilworth and Myers Park.Read More »
Visitors to Myers Park Mustangs home football games this season will notice quite a bit has changed on the away side of the field since last season. But the pigskin-related renovations are just a piece of a three-phase, roughly $14.4 million construction project at the high school.Read More »
The development, construction and real estate industry had its share of the action during the 2013 legislative session, which ended last week. Here’s a quick rundown of what happened with bills introduced during the long session.Read More »