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CHARLOTTE-Clark Nexson Architecture & Engineering is leaving its current Charlotte offfice of 5,000 sf at 229 N. Church St. and is relocating to 7,500 sf at 1023 W. Morehead St. The former Carolina School Building, a 70-year-old structure, is the first in its market to achieve a $20 psf rent.
RESEARCH TRIANGLE PARK, NC-Warehouse and industrial construction in the Triangle is starting to shift eastward toward Garner and East Raleigh from its current stronghold around Research Triangle Park.
STATESVILLE, NC-T&T Development, an industrial and residential development firm headed by Harry Tsumas Sr. and his son, Harry Tsumas Jr, plans to build an 801-home subdivision on 267 acres in eastern Iredell County, about 50 miles north of Charlotte. The estimated build-out value of the project is $80 million.
CHARLOTTE-Local developers Terry Birch and David Young plan to develop the property on a half acre at 2623 Cranbrook Lane in the city's Elizabeth district.
CHARLOTTE-Announced two years ago, Charlotte's second-largest office building, the Hearst Tower at 214 N. Tryon St., will cover most of an uptown city block and is on schedule to be completed in early 2002.
SHELBY, NC-Pharmaceuticals distributor Bindley Western plans to build a $7.5 million, 141,000 sf office and distribution center at Cleveland County Industrial Park in Shelby, NC, about 40 miles west of Charlotte.
SNELLING, SC-After more than a quarter of a century, a former nuclear site here that never officially operated, is being transformed into a new 1,648-acre industrial park that is attracting companies and bringing jobs to a rural section of southwestern South Carolina.