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Wood Partners to Deliver Senior Community in Charlotte; Presbyterian Healthcare Plans $84M Orthopedic Hospital

Wood Partners to Deliver Senior Community in Charlotte; Presbyterian Healthcare Plans $84M Orthopedic Hospital

By Amalia Otet, Associate Editor Atlanta-based Wood Partners is about to wrap up construction of Steele Creek Seniors, a $13 million apartment community in southwest Charlotte. The development is expected to be finalized before the end of the month. Wood Partners, a [...]…

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Charlotte Pipe and Foundry Co., EPRI Acquire Industrial Properties in Charlotte; NC to Host New Facebook Data Center

Charlotte Pipe and Foundry Co., EPRI Acquire Industrial Properties in Charlotte; NC to Host New Facebook Data Center

By Amalia Otet, Associate Editor Charlotte Pipe and Foundry Co., a producer of Cast Iron, PVC, ABS and CPVC pipe and fittings for plumbing and industrial systems, has purchased 18.4 acres off West Morehead and South Clarkson Streets, for $21.6 million. The [...]…

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Development of The Bridges at Mint Hill Back on Track; Charlotte to Get New Football Stadium

Development of The Bridges at Mint Hill Back on Track; Charlotte to Get New Football Stadium

By Amalia Otet, Associate Editor The Bridges at Mint Hill, a proposed shopping complex on 210 acres in Mint Hill, has every chance to get back on track after being put on hold for more than two years, as Dallas, Texas-based [...]…

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Duke Energy Celebrates New HQ Opening at Duke Energy Center

Duke Energy Celebrates New HQ Opening at Duke Energy Center

By Amalia Otet, Associate Editor Duke Energy recently opened its new corporate headquarters in the most sustainable skyscraper in America, the Duke Energy Center in uptown Charlotte at 550 S. Tyron St. The energy giant leased 500,000 square feet on 22 [...]…

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Rezoning approved for Ballantyne Corporate Park; Sandstone Group Plans Mixed-Use Community in Matthews

Rezoning approved for Ballantyne Corporate Park; Sandstone Group Plans Mixed-Use Community in Matthews

By Amalia Otet, Associate Editor Steve Sanders, managing director of the Sandstone Group, a local company focused on real estate development and investment in the Charlotte market and surrounding areas, has recently announced plans to build a 274-apartment complex, which will [...]…

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NASCAR Plaza Welcomes Heels.com; Duke Endowment to Break Ground on Building in Dilworth

NASCAR Plaza Welcomes Heels.com; Duke Endowment to Break Ground on Building in Dilworth

By Amalia Otet, Associate Editor Heels.com has chosen NASCAR Plaza for the relocation of its corporate headquarters. The company recently inked a deal to lease 12,156 square feet on the 17th floor of the 19-story tower, with plans to move into [...]…

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Bosch Rexroth Expands Business in N.C.; Mecklenburg County Breaks Ground on $11M Uptown Park

Bosch Rexroth Expands Business in N.C.; Mecklenburg County Breaks Ground on $11M Uptown Park

By Amalia Otet, Associate Editor Aiming at economic recovery, the Queen City is on the right track as it continues to attract major investors to its grounds. Bosch Rexroth, one of the world’s leading specialists in the field of drive and control [...]…

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UNC Charlotte Opens New Building; Medical Center Expected to Expand

UNC Charlotte Opens New Building; Medical Center Expected to Expand

By Amalia Otet, Associate Editor The University of North Carolina at Charlotte celebrated the opening of its brand-new $50.4 million building in the city’s First Ward. The 11-story, state-of-the-art structure at the corner of Ninth and Brevard Streets was completed this [...]…

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High-end Community Planned for The Queen City

High-end Community Planned for The Queen City

By Amalia Otet, Associate Editor The Charlotte metropolitan area is currently seeing an improvement in home sales, indicating signs of a market rebound; numbers show a sound 9.7 percent increase in closings as compared to the same period last year—from 1,980 [...]…

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Gastonia Attracts Foreign Investment to Tech Park

Gastonia Attracts Foreign Investment to Tech Park

By Amalia Otet, Associate Editor South Charlotte will become home to a new freestanding Walgreens drugstore, slated to open in January 2012. The planned 12,500-square-foot building will be developed by Morgan Property Group LLC, a company focused on acquisition, management and brokerage [...]…

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The Connor Group Invests in Charlotte Multifamily; City Redirects $3.2M toward Mosaic Village

The Connor Group Invests in Charlotte Multifamily; City Redirects $3.2M toward Mosaic Village

By Amalia Otet, Associate Editor Alexander Place Apartments recently sold for an undisclosed price to The Connor Group, a Centerville, Ohio-based investment firm specialized in high-end luxury apartment communities. Committed to continuous improvement and growth, the real estate company currently owns more than [...]…

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Park Road Shopping Center sold to Edens & Avant for $82 million

Park Road Shopping Center sold to Edens & Avant for $82 million

By Amalia Otet, Associate Editor Park Road Shopping Center has been sold for $82 million to Edens & Avant, one of the nation’s leading retail real estate owners and developers. The company takes pride in operating community-oriented shopping places in primary markets [...]…

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