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Tag Archives: commercial development

West Side story: Commercial development has bypassed area, but streetcar could bring changes (access required)

Mike Griffin said he can remember a time in the city’s history when the West Side was a destination. But over the years, commercial activity in other areas of the city – and very little development in this part of town – has killed the reputation of the West Side, specifically the Freedom Drive corridor between Interstates 77 and 85, as a destination for shoppers or developers.

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Developing news: Commercial projects likely to increase (access required)

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 economy.

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Real estate heavy hitters guardedly optimistic about Charlotte market (access required)

Several real estate executives spoke about the condition of the city’s real estate market Tuesday morning from the stage in a glitzy ballroom at the uptown Hilton, which coincidentally is in one of the submarkets they were most excited about. The tone in the room was mostly positive, as would be expected from a corporate-sponsored event called “Third Annual State of the Market.”

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