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Charlotte City Council zoning roundup (access required)

On Monday,the Charlotte City Council: Approved a site-plan amendment for 16.56 acres on the northwest corner of West W.T. Harris Boulevard and Davis Lake Parkway for Cambridge-Davis Lake LLC to develop a retail building containing up to 15,000 square feet ...

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Michelin leases Beacon Partners property (access required)

CHARLOTTE – Michelin North America Inc. has leased a 345,545-square-foot distribution facility in Twin Lakes Business Park, a 500-acre, master-planned park in North Charlotte. The 9801 Twin Lakes Parkway building, built on 20 acres off Statesville Road near Interstates 77 ...

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Ridge Creek yet to rise: Industrial market expected building to lease more quickly (access required)

Ridge Creek IV was the first large industrial building built in Charlotte in five years, and with around 200,000 square feet of space for the taking, the Childress Klein Properties-owned building seemed ideal to reel in those tenants who were waiting for a recovery to make a move to buildings new. But only one tenant has signed a deal since the building opened.

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Developing news: Commercial projects likely to increase (access required)

Retail follows rooftops. It’s the old real estate adage explaining how commercial development responds to residential development. So the recent growth in homebuilding and homebuying in the Charlotte market – which is expected to continue into 2014 – will likely be accompanied by increased commercial development over the next two years, even if developers are still cautious about the overall economy.

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