HIGH POINT, NC-A Las Vegas investment group has announced plans to open Furniture Mart of America, a 1.5-million-sf wholesale center, and hopes to interest North Carolina retailers and manufacturers to open a branch in the gambling capital of America.
CHARLOTTE-The contract follows a similar deal by the locally-based firm with the city of Raleigh, NC earlier this year. Carolina Broadband plans to offer competitive cable television and telecommunications services within the next 12 months.
MOORESVILLE, NC-The project, 30 miles north of Charlotte, could have some doors open by Thanksgiving. The venture has been approved for 200 apartments, office and warehouse.
CHARLOTTE-The Queen City's West Morehead Street is gradually evolving into a development zone where a steady flow of major projects have taken shape over the past five years.
CONCORD, NC-The NorthEast Medical Center here, 25 miles northeast of Charlotte, wants to expand lab facilities, establish an outpatient surgery center and upgrade outdated equipment. State approval, however, isn't expected until February.
CHARLOTTE-Will there ever be enough uptown office space to go around, or will developers dovetail projects into a massive nest of overbuilding? That's the question local industry observers are asking themselves these days.
CATAWBA COUNTY, NC-North Carolina's US 321, a four-lane highway connecting Interstate 40 in Catawba County with Interstate 85 to the south, has sped up the commute to Charlotte.
WINSTON-SALEM, NC-Locally based BB&T Corp. has completed its acquisition of Charlotte, NC-based Laureate Capital Corp., a commercial mortgage banking firm. Terms of the deal were not disclosed.
LUMBERTON, NC-The 16-year-old Charlotte firm plans to buy the former 14,200-sf United States Postal Remote Encoding Center here for about $725,000 or roughly $51 per sf. The price is considered a bargain by Symbol founder/CEO Michael Cummings because the structure has existing fiber-optic lines and multiple computer connections.
CONCORD, NC-Concord Mills, a 1.4 million-sf retail/entertainment enterprise 25 miles northeast of Charlotte, has won first place in Shopping Center World's 11th annual Superior Achievement in design and imaging awards competition.