A second SkyHouse apartment tower is on the way for uptown Charlotte.
The developers of the SkyHouse Uptown apartment tower have purchased the City Center Inn property — bordered by North Tryon, Ninth and North Church streets — for $8.6 million and have secured a $44.9 million construction loan from Compass Bank, according to real estate records.
Novare says the hotel will be demolished before the end of the year, and construction of the second tower will likely start in 2015.
"We are pleased…SkyHouse developers purchase site for second apartment tower in uptown Charlotte
A second SkyHouse apartment tower is on the way for uptown Charlotte.
The developers of the SkyHouse Uptown apartment tower have purchased the City Center Inn property — bordered by North Tryon, Ninth and North Church streets — for $8.6 million and have secured a $44.9 million construction loan from Compass Bank, according to real estate records.
Novare says the hotel will be demolished before the end of the year, and construction of the second tower will likely start in 2015.
"We are pleased…
Architectural and engineering firm Zapata plans to add 35 jobs over the next two years as it pursues new commercial work as well as state and municipal transportation contracts.
Zapata has formed a partnership with LJB Inc., a Dayton, Ohio-based engineering design firm, to pursue transportation contracts in North Carolina. Zapata and LJB have worked together on federal contracts for about four years and recently formed a new company, Zapata-LJB, to pursue the transportation work. Zapata has long…
Levine Properties plans to start construction early next month on a 105-unit apartment complex in the Plaza-Midwood neighborhood, a development that is part of a growing multifamily portfolio for the Charlotte real estate firm, which recently purchased a 473-unit complex in south Charlotte for $50.5 million.
The Plaza-Midwood project will be on a 1.2-acre site at the corner of Commonwealth Avenue and St. Julien Street, within walking distance of the neighborhood's restaurants and bars, and is expected…