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, a subsidiary of Wisconsin-based Investors Associated. As part of the sale, Forsite has agreed to complete [...]
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 energy in a new way could be seen as setback. To some, it is. To [...]
Forsite Development, the developer for the proposed ReVenture Park project, told Mecklenburg County officials Monday that the company will not be using the Foxhole landfill to dispose of leftover waste or ash. The announcement came as Forsite also said it no longer plans to take the county’s trash and convert it into energy at ReVenture. [...]
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 will team with Forsite to redevelop a 667-acre shuttered textile dye-manufacturing site in northwest Charlotte [...]
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 president, also said he is working with the Catawba Lands Conservancy on a 185-acre conservation [...]
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 WMAB said the review process, which has involved local businesspeople and residents with ties to [...]
Forsite Development today said it has bought a former textile mill in Gastonia. 1925 West Poplar St., a 211,000-square-foot building, has been leased to Wix Filters and Republic Textile Equipment Co., Charlotte-based Forsite said. Wix designs, manufactures and distributes products for automotive, diesel, agricultural, industrial and specialty filter markets. Republic dismantles and packs used textile machinery for shipment. Forsite [...]
In Newton, Kan., resident Vern Koch has noticed the smoke curling up from a test plant that uses a process called gasification to destroy trash while turning it into energy. “I haven’t had any problems with odors, but at times there’s a lot of black smoke that appears to come out,” he said. Colwich, Kan.-based [...]
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 panels tasked with vetting the project. On the other hand, the county’s Waste Management Advisory [...]
The Central Piedmont Sierra Club is asking Charlotte-Mecklenburg Schools to notify parents, faculty and staff of plans to build a plant that would burn Mecklenburg County trash. In a letter Friday to school officials, the Sierra Club, a critic of the plant being proposed by Charlotte-based Forsite Development as part of the ReVenture Park project, [...]