Construction of the first 12 homes in the on-again, off-again, on-again Villages at South Main townhouse development have been completed, and plans are being made by the builder to construct the remaining 27 homes, according to the town of Davidson's planning department.
Gastonia banker Don Harrison has been promoted, but despite the new title, he won’t be enjoying a new office.
The purchase of the collapsed Abersham subdivision site has got to be one of the most unusual and complicated real estate deals in Mecklenburg County history. And most of those involved in the sale agree that they’ve never seen anything like it. But just because the deal has been finalized doesn’t mean the weirdness has [...]
Mecklenburg County’s land holdings just grew by about 242 acres. Nearly two weeks ago, the county closed on the $3.7 million purchase of the property that was part of the failed Abersham subdivision, where only one home was built. That home is occupied by Jason and Rachel Karo and is expected to become part of [...]
Joe Carpenter made his living cutting grass with his own landscaping business. This month, the 75-year-old Gaston County Commissioner is just cutting his losses. Instead of foreclosing, CommunityOne Bank accepted land from Carpenter meant for two failed subdivisions: Kings Pinnacle and Pinnacle Woods. The roughly 190 acres taken over by CommunityOne via a deed in [...]
Gastonia’s Village at the Mountain subdivision has been foreclosed on. According to Gaston County’s register of deeds, CommunityOne Bank foreclosed on 16 parcels totaling 5.3 total acres with a combined tax value of $1.03 million. The homes were described as upscale townhouses. The former owner, Gastonia-based Village at the Mountain LLC, owes about $754,000 on [...]
A group of local investors last week unveiled a new model home at Village at South Main, a Davidson townhouse development that went into foreclosure. Davidson Village Investments LLC, led by Davidson resident Brad Bowman, is completing the 12 three-story homes that have sat abandoned along Main Street since last summer. DVI purchased the foreclosed [...]
A failed subdivision in Davidson is one step closer to becoming part of a 600-acre county park. On Tuesday, the Mecklenburg Board of County Commissioners OK’d proceeding with the negotiations for the purchase of 243 acres that were partially developed as the Abersham subdivision. The Abersham luxury-home development, on Grey and Shearer roads, included plans [...]