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Continental Tire headquarters building sold

Charlotte-based Forsite Development said it has sold its Continental Tire headquarters building at MacMillan Park, although it is not disclosing the purchase price. Last week, Forsite said it sold the 74,844-square-foot Class A office building to I A Fort Mill, ...

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ReVenture will no longer burn county trash. Opinions differ on whether that’s a good thing (access required)

ReVenture Park’s plan to burn Mecklenburg County’s trash to produce electricity has gone up in flames. In a city that’s trying to diversify its economy from one focused mostly on banking, the loss of a project that would have generated ...

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ReVenture Park names financing partners

Charlotte-based Forsite Development said today that it now has financing partners for a proposed plant that would burn Mecklenburg County’s garbage and convert it to energy as part of the ReVenture Park development. ReCommunity, Pegasus Capital Advisors and Hannon Armstrong Securities ...

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Forsite closes on first phase of ReVenture Park property

Charlotte-based Forsite Development said Tuesday that it has closed on 304 of the 667 acres that ReVenture Park is slated to encompass. The company, which is developing the eco-industrial park project, made the announcement Tuesday. Also Tuesday, Tom McKittrick, Forsite’s ...

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Board calls for outside firm to ‘bring credibility’ to ReVenture review

Saying the review process for the ReVenture park energy plant “has been compromised by local political and financial interests,” the Mecklenburg County Waste Management Advisory Board wants an internationally known waste-management firm to study the proposed project. On Tuesday, the ...

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Advisers face scrutiny over project ties (access required)

It’s a question of conflicts of interest. On the one hand, some are wondering why two people employed by Calor Energy, a consultant for developers of a proposed plant that would burn Mecklenburg County’s trash, are allowed to sit on ...

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