Developing news: Commercial projects likely to increase
Retail follows rooftops. It’s the old real estate adage explaining how commercial development responds to residential development. So the recent growth in homebuilding and homebuying in the Charlotte market – which is expected to continue into 2014 – will likely be accompanied by increased commercial development over the next two years, even if developers are still cautious about the overall[...]
Apartment developers: Renting growing as ownership declines
Whether it’s Class A apartments, value-added properties or workforce housing, the Queen City’s apartment market is expected to remain strong in the foreseeable future. Five apartment industry leaders said so on a panel Tuesday morning at Bisnow’s third annual Multifamily Summit held in a ballroom at the Omni Hotel in uptown Charlotte.
Multifamily summit to be held at the Omni
Bisnow on Sept. 24 is hosting its third annual Charlotte Multifamily Summit, a panel discussion on the state of the area multifamily market, at the Omni Charlotte Hotel, at 132 E. Trade St. in uptown.
City floats changing runoff requirements
It could get cheaper to redevelop sites in Charlotte. Under current rules, redevelopment means coughing up whatever it costs — and it can be in the hundreds of thousands of […]
Apartment construction wave on the horizon for Charlotte, report says
John Porter thinks he hit the jackpot with the site for his Longview apartment project on Reames Road in Charlotte. Porter, senior vice president and partner at Charlotte-based Charter Properties, […]
Revaluation manager: Apartment values might increase only slightly
When Mecklenburg County’s assessor’s office releases its 2011 revaluation of commercial properties in March, apartment owners may be surprised at how little their properties have increased in value since the […]
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