Mike Griffin said he can remember a time in the city’s history when the West Side was a destination. But over the years, commercial activity in other areas of the city – and very little development in this part of town – has killed the reputation of the West Side, specifically the Freedom Drive corridor between Interstates 77 and 85, as a destination for shoppers or developers.Read More »
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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.
Tagged with: Beacon Partners Bernard Helm Cassidy Turley Charter Properties commercial development Darrell Palasciano David Dorsch Homebuilding Jon Morris Joyhn Porter Markey Opportunity Research Enterprises real estate retail development The Shopping Center GroupRead More »
Several real estate executives spoke about the condition of the city’s real estate market Tuesday morning from the stage in a glitzy ballroom at the uptown Hilton, which coincidentally is in one of the submarkets they were most excited about. The tone in the room was mostly positive, as would be expected from a corporate-sponsored event called “Third Annual State of the Market.”
Tagged with: Barry Fabyan Bisnow Bissell Bryan Howard Bryan Kane Childress Klein Properties Chris Thomas CohnReznik commercial development Cristi Lewis Federal Capital Partners Parkway Properties Peter Pappas real estate Third Annual State of the Market Tori KerrRead More »
For every $1 the York County, S.C., town of Fort Mill receives in property taxes on residential properties, it has to spend $1.40 on services such as fire, police and schools. But for every $1 the town gets in taxes from commercial properties, it spends only 31 cents on services.Read More »