Last week, Davidson College announced that the Duke Endowment is giving it $45 million, money the liberal arts school will use for construction projects.Read More »
Over 14 years, Cabarrus County charged builders and developers $8.45 million in special fees. But two months ago, the North Carolina Supreme Court declared the fees illegal. And that’s where it starts to get complicated, and where a whole other set of court cases will ensue.Read More »
Park Road Shopping Center opened in 1956 as the first open-air shopping center in the city and the biggest center between Atlanta and Washington D.C. The center has been almost 100 percent occupied for its entire history, according to a website operated by Edens.
Tagged with: Commercial ConfidentialRead More »
Bob Nixon owns less than an acre of land at Anderson and North Davidson streets in the NoDa neighborhood. He’d like to redevelop it — into what he doesn’t know yet — but he said the blighted masses that are the Johnston and Mecklenburg mills, roughly three blocks from his land, have made him reluctant to do anything with his property.Read More »
Along the Catawba River, Riverwalk -- a $600 million “lifestyle” development, which could take up to 15 years to finish -- is centered on outdoor and indoor activities, such as bicycling, kayaking and trail-hiking. Home sales are off and running.Read More »
In the second quarter, Bank of America and Wells Fargo abandoned a combined 197,820 square feet of uptown office space, according to Karnes Research. The good news for tenants is that, according to industry officials, rents haven’t been impacted by the BofA and Wells Fargo vacancies.Read More »