While Charlotte’s uptown area will continue to develop and benefit from an improving economy, the region’s suburbs are next in line to attract development, according to Kimley-Horn economist Frank Warren, who spoke Tuesday at the year’s first luncheon of the ...Read More »
BELMONT – Site work has begun on McLean, a 670-acre master-planned development in Belmont that will include 800 homes, a marina, commercial space and a public park along the largest undeveloped portion of the Lake Wylie shoreline. The community also ...Read More »
National mortgage lender Movement Mortgage LLC has announced the relocation of its national headquarters to the Bailes Ridge Business Park in Lancaster County, S.C. Movement Mortgage plans to invest $22 million to build a 104,000-square-foot office building on 24 acres ...
Tagged with: Lancaster CountyRead More »
The 16th annual Charlotte Build, Remodel and Landscape Expo was held Jan. 9 – 11.Read More »
CHARLOTTE — Chiquita Brands International will close its corporate headquarters in uptown after its buyout, the banana producer said Wednesday. Chiquita’s Charlotte operations where about 300 employees work will shut down over the next year to 18 months, interim Chief ...Read More »
Matthews-based Landmark Development Partners LLC has plans for a mixed-use development on 115 acres of land in northwest Charlotte, the same site where Cambridge Properties’ Mountain Island Promenade project failed to come to fruition following the Great Recession. Landmark Development ...Read More »
The number of the Charlotte area’s mortgaged homes with negative equity fell to 6.8 percent in the third quarter of 2014 from 8.4 percent in third quarter 2013, according to CoreLogic. The third-quarter 2014 figure rose slightly, however, from the ...Read More »
Commercial outlook 2015: Population and job growth expected to support apartments, offices, industrial space
While the rapid growth of apartments in the Charlotte region has some industry professionals concerned that vacancy rates could rise in the near future, they believe job growth and projected population growth will fill the supply in the long run. ...
Tagged with: Cardinal Real Estate Partners Charlotte Chamber of Commerce Childress Klein Crescent Communities Frank Warren John Culbertson Lincoln Harris Mark Vitner Piedmont Properties Portman Holdings Spectrum Properties Wells FargoRead More »
Institutional investors bought nearly 18 percent of all single-family homes sold in Mecklenburg County in 2012, and own one in every 31 homes in the county, one of the highest rates in the country, according to figures released Thursday by ...Read More »
The final segment of the Interstate 485 Outer Loop, which will be completed this spring, will be named after Allen Tate Jr., founder and CEO of Charlotte-based real estate company Allen Tate Co. The N.C. Board of Transportation made the ...
Tagged with: North Carolina Department of TransportationRead More »