For the past two years, things have been looking up for upperclassmen in uptown Charlotte, where four colleges have opened new campuses and a fifth has announced plans to do the same.
Apartment owners who are renting out individual bedrooms can continue to do so while the city mulls creating regulations for such properties, a Charlotte-Mecklenburg Planning Department official said.
Mary Newsom doesn’t mind stepping on toes if she thinks those toes belong to a politician, developer or anyone else who does “dumb things that hurt the environment, for example. But that’s my opinion, not necessarily that of the Urban Institute.”
For a developer of student housing, the numbers are encouraging. "Student housing is definitely a burgeoning and emerging successful business model," said Ken Szymanski, executive director of the Greater Charlotte Apartment Association. "The bottom line is it is profitable for the developers."
Squeezing student apartments between the University of North Carolina at Charlotte campus and College Downs -- one of Charlotte’s oldest single-family neighborhoods -- prompts doubts about the city's plan.
Student-housing developer Aspen Heights could build 150 “cottage apartments” geared toward students from the University of North Carolina at Charlotte. But first it needs a rezoning of about 22 acres off East W.T. Harris Boulevard.
Charlotte-based Edifice General Contractors has broken ground on the $37 million Portal project at the University of North Carolina at Charlotte campus.
The University of North Carolina at Charlotte’s Belk College of Business is launching a master of science in real estate degree program that will begin in August. “In good times and bad, the commercial real estate industry is one of the key drivers of the economy,” Belk Dean Steven Ott said in a news release. [...]
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 [...]
When the Internet Corporation for Assigned Names and Numbers announced last month that new Internet domain names would become available in January, the news was heralded as changing the face of the Internet forever. But in Charlotte, some businesspeople are reacting to the announcement from ICANN, a California-based nonprofit, with a collective “who cares?” “Right [...]