CHARLOTTE-Some of the nation's leading urban developers are competing for the opportunity to develop local government land assessed at more than $15 million.
RALEIGH, NC-Commuters aren't the only ones looking for a place to park Downtown. Developers are scouting around as well. Owners of vacant lots are asking up to $53 per sf, more than comparable dirt at the area's largest malls.
CHARLOTTE-The city has agreed to sell the old uptown convention center site, an entire uptown block, to PA-based developer LCOR Inc. for $15.2 million. The price equates to $4.6 million per acre or $105.74 per sf.
RALEIGH, NC-Raleigh-based Bob Hughes Associates and Weingarten Realty Investors of Houston have formed a strategic alliance to develop supermarket-anchored community shopping centers from 100,000 sf to 400,000 sf.
MORRISVILLE-This Triangle town, situated slightly northwest of Raleigh, NC is experiencing a dramatic increase in new retail projects triggered by significant residential growth.
MONROE, NC-Hughes Supply Corp. and Scott Technologies Inc. are searching for sites here, about 30 miles southeast of Charlotte, to build a distribution center and a new headquarters, respectively.
CHARLOTTE-If you live anywhere on the outskirts of Charlotte, there's a good chance you'll one day become a city resident as the city continues to annex properties.
HICKORY, NC-Site preparation has begun on CommScope Inc.'s new 80,000-sf headquarters here, about 50 miles northwest of Charlotte. The fiber-optic company's total manufacturing and distribution space is more than one million sf.