Charlotte-based Sandstone Group has been denied a rezoning request for a multiuse development it had planned for Matthews. Developer Steve Sanders said he was blindsided Monday when the Matthews Board of Commissioners did not OK the request. Sandstone wanted to ...Read More »
November marked the third straight month of declining foreclosure filings for Mecklenburg County and the lowest number of filings since April 2006, according to the North Carolina Administrative Office of the Courts. There were 496 foreclosure filings in November, down ...Read More »
The Charlotte-Mecklenburg Housing Partnership said it has selected Standard Pacific Homes to build the first single-family homes at Brightwalk in Historic Double Oaks. The housing partnership developed the mixed-use neighborhood about one mile north of Uptown Charlotte. Irvine, Calif.-based Standard ...Read More »
The identity of the family whose home will be rebuilt by Bellamy Homes for “Extreme Makeover: Home Edition” has been revealed. Construction began Sunday in Lincolnton on the new home for Devonda and James Friday, who have fostered more than ...Read More »
U.S. builders spent more in October on homes, offices and shopping centers, pushing construction spending up for a third straight month. Despite the gains, construction spending remained depressed. Construction spending rose 0.8 percent in October to a seasonally adjusted annual rate of $798.5 billion, the Commerce Department said this month.
Tagged with: constructionRead More »
This year, significantly fewer Leadership in Energy and Environmental Design projects specified the use of wood certified by the Forest Stewardship Council. A recent report issued by GreenBiz Group found FSC wood was used in only 26 percent of new LEED construction in 2011, down from 41 percent last year.
Tagged with: LEEDRead More »
Building a bubble? Developers plan to add thousands of apartments to the metro area, which has some wondering about overbuilding
It’s a lot of apartments. There are 7,000 units planned for the Charlotte area, mostly for the area north of the city. More than 1,000 units are under construction, and it’s no wonder why developers are salivating over apartments: Now’s a good time to be in the rental business, thanks to tougher lending practices that make it harder for people to buy homes and a major dip in confidence in owning brought about by the housing market’s collapse.Read More »
At the end of last year, RealtyTrac, the Irvine, Calif.-based company that the media frequently rely on for foreclosure data, released its report on 2010. For those who don’t like it when foreclosures are up, it was bad news; one in every 50 homes in the Charlotte metropolitan area had foreclosure filings started against them in 2010, an increase of more than 37 percent over 2009.Read More »