Selwyn Property Group is preparing to start demolition and site work next month at the corner of Kenilworth Avenue and Pierce Street in Dilworth, where the firm is planning to develop an eight-unit townhome project called 1500 Kenilworth.
The mix of three-story units will include a couple of two-bedroom, 1,400-square-foot units priced in the high $300,000’s; several three-bedroom, 1,700-square-foot units priced from $450,000 to $475,000; and one four-bedroom, 2,500-square-foot unit at the corner…Selwyn Property Group to start work on Dilworth townhome project
Selwyn Property Group is preparing to start demolition and site work next month at the corner of Kenilworth Avenue and Pierce Street in Dilworth, where the firm is planning to develop an eight-unit townhome project called 1500 Kenilworth.
The mix of three-story units will include a couple of two-bedroom, 1,400-square-foot units priced in the high $300,000’s; several three-bedroom, 1,700-square-foot units priced from $450,000 to $475,000; and one four-bedroom, 2,500-square-foot unit at the corner…
The U.S. National Whitewater Center is adding to its land holdings in a big way.
This week, the nonprofit outdoor recreation center, located just west of interstate 485, purchased 488 acres around its facility for $5.3 million from Clariant Corp. About half of the acreage is on either side of Whitewater Center Parkway, between the recreation center and Belmeade Drive, while the remainder is located to the north, between Belmeade Drive and Mt. Holly Road.
Eric Osterhus, communications and brand…
It’s no secret that Charlotte’s beer scene is growing, but a new report from real estate firm Colliers International indicates the industry’s real estate footprint here is one of the fastest growing in the country.
In an October report titled “Craft Beer Pours into Commercial Real Estate,” Colliers looked at the growth of craft breweries in 29 markets and measured the industry’s real estate footprint in those cities along with square footage growth rate in recent years.
The survey showed…
Abundant Power got its start as a clean-energy financial firm, but now the Charlotte-based company is using data to empower building owners to improve tenant comfort.
Headed by Shannon Smith, Abundant Power pivoted into data analytics about two years ago and recently hired real estate veteran Jimmy Flowers as head of real estate engagement. Flowers, who was most recently advising a Chicago-based firm on its real estate investments, will focus on marketing the firm’s services to building owners…
Charlotte’s largest commercial real estate transactions last month included a first-time purchase by a California investment firm as well as big sales in University City and South End.
The $57 million sale of Woodland Business Park topped the list of commercial deals in October, according to American City Business Leads, a division of American City Business Journals, the parent company of the CBJ. Evergreen Industrial Properties, based in Oakland, Calif., purchased the park from Dallas-based Crow…
Two Charlotte real estate firms plan to break ground on a 64,000-square-foot office and retail building in the first quarter of 2016 and have hired CBRE Group Inc. to lease the project.
CitiSculpt and The Knox Group plan to start construction early next year on the 1213 Morehead building, which will be located on West Morehead, across from the southbound I-77 exit ramp. The two firms announced the project earlier this year.
The building will feature ground-floor retail space and 55,000 square feet…
Charlotte-based real estate firm White Point Partners and Atlanta-based Paces Properties are planning a redevelopment of the Highland Park Mill just north of uptown Charlotte into a project that will feature space for a food hall, restaurants and office space.
Located along Brevard Street between Belmont Avenue and East 16th Street, the mill, established in 1891, totals roughly 205,000 square feet. The two firms plan to strip back later additions to the mill so they can reveal its historic structure.…
Imagine the North Tryon area as an intensely urban, inclusive neighborhood known not for large office towers but instead an “extreme mixed-use pattern of development featuring varying heights and scales,” says Daniel Iacofano.
That’s the vision for the area that a group of civic, business and government institutions will present tonight at a community meeting led by Charlotte Center City Partners and the Foundation for the Carolinas. Iacofano, a founding principal with consulting firm MIG…
Two multifamily developments in University City have been sold for just over $103 million.
Crescent Communities recently sold its 320-unit Crescent Alexander Village apartment complex in University City to Starlight Investments, a firm based in Toronto, for $52.3 million. In the U.S. Starlight focuses on the acquisition and management of recently constructed Class-A apartment properties in the Southeast and Southwest.
Located on 22 acres, the complex off West Mallard Creek Church Road opened in…