CHARLOTTE-NBA Hornets' co-owner Ray Wooldridge maintains the team is losing $12 million a year playing in the small Coliseum, but council members are split on approving $220 million for a new court.

CONCORD, NC-After more than five years of talking and planning, this racetrack city, about 20 miles northeast of Charlotte, is about to have a $40-million facility that will include a convention center and a hotel.

SHELBY, NC-An unnamed company has been scouting a site here, about 40 miles west of Charlotte, because it's near U.S. 74 which leads to Interstate 85. The city and Cleveland County are considering a $1.75 million incentive package to attract the firm.

CHARLOTTE-Although class B space is plentiful and rents are lower, the product isn't getting many takers Uptown, brokers say. Owners are starting to increase commissions and may even begin dropping rents.

CHARLOTTE-Vacancies are expected to rise with seven products totaling one million sf under construction. The current 10% vacancy level could reach 12%, a level that doesn't seem to concern market watchers here.

CHARLOTTE-Vacancies are expected to rise with seven products totaling one million sf under construction. The current 10% vacancy level could reach 12%, a level that doesn't seem to concern market watchers here.

TAYLORSVILLE, NC-A 160-acre business park has opened here about 60 miles northwest of Charlotte in an effort to establish more of a technology base in Alexander County.

CARY, NC-After four years on the drawing board, Rhode Island developer Churchill &amp; Banks is turning over the 19-acre, 300,000-sf Arboretum mixed-use venture here to Cousins Properties of Atlanta. Cary, a city of 10,000 residents, is just west of Raleigh, NC, 150 miles northeast of Downtown Charlotte.<p>