For M/I Homes Charlotte, the third time was a farm. In its recent push to self-develop raw land into lots, the most-permitted homebuilder last year in Mecklenburg County has won its first of three rezoning battles to develop and build a residential subdivision.
According to just-released, year-to-date data compiled by the Home Builders Association of Charlotte, Mecklenburg County had issued 1,911 building permits worth $300.5 million as of Oct. 31 for the benchmark single-family detached house.
In the latest wrinkle in the squabble over M/I Homes’ proposed Avery Park subdivision, the company has decided to wait two more weeks before having Huntersville take a final vote on the project, according to Whitney Hodges, senior planner for the town.
M/I Homes said it has opened a model home in the Creekshire Estates community in southwest Charlotte. The model includes a butler’s pantry with wine storage, a mother-in-law suite and a deck connecting to the master bedroom.
When Tamara Lynch and the team at M/I Homes took over the Karras Commons development last year they loved everything about it – except that clunky name.
This could be the year.
There is a cautious optimism being felt across the Charlotte homebuilding industry.
Tech Land follows the way technology is changing real estate, development and construction. It’s 1 p.m. on an average Wednesday, and Tamara Lynch of Charlotte-based M/I Homes is holding an average ad for some properties in the city. But one thing about it is different than ads of yesteryear: a small collection of black-and-white squares [...]
After renting a townhouse from her parents for nearly three years, Dawn Wallace was ready to get a place of her own. She had a good job as an assistant manager at AmerisourceBergen, a Charlotte pharmaceutical consulting company, and over the years had been saving her money. So, in August, after exploring her options, she [...]
They’re victims of the recession: unfinished communities scattered across the Charlotte area. But for homebuilders like Lennar Corp., they’re an opportunity. Just ask Jon Hardy. Hardy, president of the Miami-based company’s Charlotte division, said that this year Lennar has built homes in nine Charlotte-area communities that others started but couldn’t finish. That represents a spike [...]
Saying there’s potential in the families-without-children market, M/I Homes Charlotte plans to build homes in the Ardrey Crest community. M/I, citing new research from Nielsen Claritas, said that more than half the residents in Ballantyne are families without children at home. Some are couples whose children have grown. Other residents are DINKs: double income, no [...]