Nearly 1,000 rental units in multifamily complexes are in various stages in Huntersville and Cornelius, and that is apparently just the beginning of the apartment wave rolling across the shores of Lake Norman.
Lawrence Domonkos is serving a 24-month probation after the North Carolina Real Estate Commission said he broke the rules when he used an email, rather than the appropriate forms, to draft an alleged agreement between a buyer and seller.
The Stewart Group has won approval from Cornelius officials on a contract to buy a lot on which it plans to build a two-story, 15,000-square-foot commercial center. Last week, Cornelius’ Town Board OK’d allowing Stewart to purchase the vacant lot next to Town Hall. David Stewart, a partner with Stewart, a Davidson real-estate development and investment company, said his company put [...]
An underground parking facility and condos once planned for the Bailey’s Glen subdivision in Cornelius have been tossed aside. Last week, the Cornelius Board of Commissioners unanimously approved changes to a development plan for 9.96 acres in the western portion of the subdivision, a 55-and-older active-adult community at 18200 Old Statesville Road. New plans call [...]
It doesn’t look good for Cornelius in the next 10 years. According to a report by the Urban Resource Group, which in September finished a study of Cornelius, the north Mecklenburg town’s population could peek at about 37,000 by 2020. “That’s more than we can handle,” the town’s mayor, Jeff Tarte, said. As officials worry [...]