$3.75M home planned for Myers Park, loggia included
The planned house is the buzz of the season among Charlotte’s luxury homebuilders, stirring up curiosity — "Who knew there even was a vacant 4-acre lot in Myers Park?" they ask — and not a little bit of envy.
Split municipality: Cornelius is 1 town that has gone in 2 different directions
“Cornelius has so much it has to offer now with all the retail and restaurants in the area, the excellent schools, let alone the natural attraction of the lake and its two parks, Jetton Park on Lake Norman and Ramsey Creek Park," said Classica Homes owner Bill Saint.
$7.5M buys a house on Lake Wylie
It has a whopping 15,000 square feet and comes with 11 acres of land, and if this southwestern Mecklenburg County home sells for asking price it would be the highest-priced sale in the CMLS since 2000.
Store wars: Analyst says Simon, Tanger outlets can’t both be successful
Two retail outlets will go in. Only one will emerge. At least that’s the prediction a Charlotte-based retail analyst has about two outlet centers expected to be built along Interstate 485.
Regs for rentals
Like a college student sneaking into class 15 minutes after it’s started, a trendy way of leasing to such students has quietly made its way across parts of Charlotte. But the method — renting out single bedrooms in an apartment — has caught the attention of, and become alarming to, city officials who are now considering creating rules for what has become an unregulated practice.
Thrown off track: Vermillion stops waiting for the Red Line
Nate Bowman missed his train by about 14 years. A developer and owner of Huntersville-based Bowman Development Group, he said he has been waiting on the Charlotte Area Transit System to finish the commuter-rail project known as the Red Line since 1998.
Broker: One Wells Fargo Center could go back on market by next year
One Wells Fargo Center, which was taken off the market after a deal to purchase it collapsed in July, could be up for sale again as soon as January, according to Hal Kempson, director of capital markets for CBRE. "Childress Klein will decide upon the first of next year (when) they'll do it," Kempson said Tuesday. "One Wells Fargo is going to go back up for sale."
Avery Park decision pushed back
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.
Housing hurdles: Charlotte developers see little profit in affordable units
On Oct. 8, Todd Noell gave the Charlotte City Council some grim news. Noell, a consultant with Atlanta-based Noell Consulting, who was at the council meeting to present his company’s findings on the availability of affordable housing in the city, said Charlotte is woefully short on such housing.
Commercial Confidential: Coliseum Centre
Don’t go out to Coliseum Centre office park expecting to find a coliseum nearby. Or a gladiator. Or even a leather sandal.
Davidson College construction spending could hit $120 million
Last week, Davidson College announced that the Duke Endowment is giving it $45 million, money the liberal arts school will use for construction projects.
Analysis: Charlotte homebuilders’ sentiments appear to match national Wells Fargo index
Quick: On a scale of 1 to 100, what’s your “sentiment index”? That’s apparently the question the National Association of Home Builders/Wells Fargo people ask homebuilders every month.
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