Jake Palillo's fourth plan to develop his 62 forested acres on Bailey Road in Cornelius was table for two months while the Cornelius Planning Board decides whether to recommend a rezoning.Read More »
Residential Real Estate
It’s only a 17-unit building on a 0.64 acre lot, but it would add apartments to this fast-growing and rental-scarce suburb when multifamily vacancy rates are at historic lows. And it might even help revive the town of Huntersville’s desire for a denser and more mixed-use downtown at and around Old Statesville and Gilead roads.Read More »
It is a not exactly a fixer-upper, but not fully made over, either: a vinyl-sided bungalow – not large, not small – around 1,800 square feet. But it is in just the right spot – on the Dilworth side of Freedom Park – and went on the market at just the right time.Read More »
A pair of pedigreed multifamily players are partnering to form a new, Charlotte-based entity that is already at work on a 292-unit apartment complex in Raleigh, premiering its aspirations to enter several fast-growing Southeastern U.S. markets.Read More »
Along with its success, Vermillion occasionally has hit bumps in the road to completion, including a delay in rolling out Phase 3 and some lots that did not sell as quickly as planned. But as the housing market rebounds, the $100 million master-planned development appears to be back.Read More »
If you permit it, they will build. And despite a slow start, Mecklenburg County permitting this year is finally in positive territory compared with the same period in 2012, which opens up the possibility of more construction activity this year than last in the Charlotte market.
Tagged with: residential constructionRead More »