TriBridge Residential has started work for a 246-unit apartment complex in Charlotte's Plaza-Midwood neighborhood, at the intersection of Central and Clement avenues.
TriBridge — a multifamily investment, management and development company based in Atlanta — purchased the 5-acre site at 1305 Central Ave. late last year for $5 million and recently started demolition of the existing warehouse buildings at the property. An existing retail building at the corner of Central and Clement occupied by…Construction starts on 246-unit apartment complex in Charlotte neighborhood
TriBridge Residential has started work for a 246-unit apartment complex in Charlotte's Plaza-Midwood neighborhood, at the intersection of Central and Clement avenues.
TriBridge — a multifamily investment, management and development company based in Atlanta — purchased the 5-acre site at 1305 Central Ave. late last year for $5 million and recently started demolition of the existing warehouse buildings at the property. An existing retail building at the corner of Central and Clement occupied by…
Two real estate groups are preparing to breathe new life into a couple of historic properties in Charlotte's Belmont neighborhood.
A Virginia firm that specializes in the renovation of historic properties expects to start work later this year on the redevelopment of the Hawthorne Mills property into apartments. And an investor group that recently purchased a former Kellogg Co. snacks plant and warehouse across the street is looking at converting the plant space into use for a brewery or a restaurant.
First…
Levine Properties and Raley Miller Properties are seeking a rezoning for nearly 11 acres at the corner of Providence and Fairview roads so they can develop a mixed-use project with up to 100,000 square feet of commercial space and up to 225 residential units.
The site includes the 109-unit Carmel on Providence apartment complex as well as a Circle K convenience store next door. An affiliate of Raley Miller Properties owns the Carmel on Providence land, but Levine Properties owns the apartment complex…
A Crescent Communities resort ranks third on U.S. News & World Report's list of the "2015 Best Hotels in America."
The Inn at Palmetto Bluff, in Bluffton, S.C., was third on the publication's list, behind The Lodge at Sea Island in Sea Island, Ga., and Rancho Valencia Resort & Spa in Ranco Santa Fe, Calif.
As previously reported, The Ritz-Carlton, Charlotte was ranked No. 72 on the list.
Crescent is investing more than $100 million to expand the Inn at Palmetto Bluff. The expansion will add 150…
Lenox Development Group expects to start construction in April on the first of three 10,000-square-foot retail buildings proposed for a 6-acre site near the Blakeney retail center in south Charlotte.
Lenox Salons will lease 5,000 square feet in the first building, which is scheduled to be complete by early spring of 2016, says Eric Vargosko, who heads Lenox Development and Lenox Salons. The development, called Blakeney Commons, is to be built on the north side of Ardrey Kell Road, near the intersection…
Two Charlotte real estate firms are planning a 70,000-square-foot office and retail development at the intersection of West Morehead Street and interstate 77.
CitiSculpt and The Knox Group plan to start construction on the project later this year. A CitiSculpt spokesman says the building is still in the design phase but will include between 5,000 and 15,000 square feet of ground-floor retail space.
An affiliate of CitiSculpt purchased a 1.4-acre parcel at 1213 W. Morehead St. late last year for…
Home-price appreciation in the Charlotte market accelerated in December, according to the latest CoreLogic Home Price Index report.
Prices in the Charlotte-Concord-Gastonia metro area were up 4.1 percent in December from a year earlier, the report released Tuesday shows.
That figure, which includes distressed sales such as short sales and real estate-owned transactions, compares with a rise of 3.6 percent in November and follows months of slowing growth in local home prices.
Excluding distressed…
Charlotte real estate firm Beacon Partners plans to build a seven-story office building with ground-floor retail on East Morehead Street, next door to the Dowd YMCA, with construction expected to start later this year.
The proposed building at 500 E. Morehead St. would total 180,000 square feet and would feature 15,000 square feet of retail space, with plans for a coffee shop, casual lunch spot and an upscale restaurant, all with outdoor seating areas along a pedestrian plaza fronting Morehead.…
The Dilweg Cos., a commercial real estate firm based in Durham, has purchased the Johnston Building in uptown Charlotte for $25.3 million.
The 17-story historic building at 212 S. Tryon St. totals 172,382 square feet and is more than 84% occupied. Major tenants include Carlisle & Gallagher Consulting Group, the Office of the Comptroller of the Currency, Montreat College and Fifth Third Bank.
"We believe the Johnston Building's unique design, history and central location make it attractive to the…
Pepsi Bottling Ventures has hired Cushman & Wakefield | Thalhimer to market its South Boulevard property in Charlotte for sale as a potential redevelopment site.
The property includes the bottling facility property, located on 5.2 acres at the intersection of South Boulevard and New Bern Street, as well as a 0.91-acre property at the intersection of Poindexter Drive and South Boulevard.
Bill Simerville, an investment sales specialist with Cushman & Wakefield | Thalhimer, says formal marketing materials…