Charlotte-based Crescent Communities recently announced the appointment of Jason LaBonte as senior vice president of finance and investments for its multifamily group.
In his new position, LaBonte will manage the debt and equity capitalization of Crescent’s planned multifamily communities.
Crescent has 16 communities, totaling approximately 5,000 units, in various stages of planning across its footprint throughout the Sun Belt. The estimated cost for the communities, which are projected to start…
Charlotte-based Crescent Communities recently announced the appointment of Jason LaBonte as senior vice president of finance and investments for its multifamily group.
In his new position, LaBonte will manage the debt and equity capitalization of Crescent’s planned multifamily communities.
Crescent has 16 communities, totaling approximately 5,000 units, in various stages of planning across its footprint throughout the Sun Belt. The estimated cost for the communities, which are projected to start…
More needs to be done to support small businesses in North Carolina, N.C. Department of Commerce Secretary John Skvarla told the crowd gathered Wednesday for the N.C. Economic Developers Association Mid-Winter Conference.
“Everybody’s looking for the major manufacturer,” he said. “The problem is, when you find one, everyone’s trying to harpoon that same whale.”
And when 80% of the jobs in the United States are based in small businesses, he said, supporting those ventures becomes paramount.
“If…
More needs to be done to support small businesses in North Carolina, N.C. Department of Commerce Secretary John Skvarla told the crowd gathered Wednesday for the N.C. Economic Developers Association Mid-Winter Conference.
“Everybody’s looking for the major manufacturer,” he said. “The problem is, when you find one, everyone’s trying to harpoon that same whale.”
And when 80% of the jobs in the United States are based in small businesses, he said, supporting those ventures becomes paramount.
“If…
Durham real estate investment group The Dilweg Cos. has sold a pair of office buildings in Charlotte's SouthPark market for $46.5 million. The sale price was a 39% premium over the $33.5 million that Dilweg paid in 2013 for the Class A office buildings in 2013.
The two buildings, the 10-story One SouthPark Center and the five-story Two SouthPark Center offices on Piedmont Row Drive, were 96% and 95% occupied, respectively, at the time of the deal. Engineering construction company Fluor is an anchor…
Durham real estate investment group The Dilweg Cos. has sold a pair of office buildings in Charlotte's SouthPark market for $46.5 million. The sale price was a 39% premium over the $33.5 million that Dilweg paid in 2013 for the Class A office buildings in 2013.
The two buildings, the 10-story One SouthPark Center and the five-story Two SouthPark Center offices on Piedmont Row Drive, were 96% and 95% occupied, respectively, at the time of the deal. Engineering construction company Fluor is an anchor…
The skyline as seen from EpiCentre in the heart of Center City.
Not surprising to those of us who call Queen City home, Charlotte is one of the top 20 cities in which to live. That is according to U.S. New and World Report’s latest list of “20 Best Places to Live in the U.S.”
Charlotte ranked 15th on the list, which referred to the Queen City as a blend of “old-fashioned southern charm and high-energy cosmopolitan bustle.”
The large influx of people moving into the city and its lower cost of living put the city on the list. The median price of a home in Charlotte is $184,600. Median income is just over $48,000.
Moving to a new city can be a daunting task, but most of the people you will meet in Charlotte are not native Charlotteans, either, making the city an easier place to blend in, according to the report.
Charlotte’s growth, nightlife and unique culture make it a popular destination for business and leisure. There are new restaurants and new construction on the horizon nearly constantly it seems, which continues the city’s transformation into a destination of its own. No longer does it play second fiddle to Atlanta or Charleston, the report said.
Raleigh-Durham ranked No. 4 on the list, and Charleston, S.C., ranked 19th.
Give it time, and Charlotte will grow on you. If it already has and you are in the market for a permanent place to set down roots, have a look at these fantastic Uptown residences on the market.
Charlotte-based Crescent Communities, one of area’s most prominent developers, is launching a new single-family home building division.
Fielding Homes, as the new subsidiary is called, is making its first project Fort Mill’s Masons Bend.
Fielding will develop 64 lots near downtown Fort Mill. Homes range from 2,800 square feet to 4,000 square feet and start in the mid-$300,000s.
The company will offer more than a dozen floor plans and 6 exterior options in all. More details will be available on the company’s web site, which as of Feb. 17, was not launched.
According to an Observer report, Crescent CEO Todd Mansfield said Fielding Homes is a natural progression for the company, which until now, has focused on apartments and subdivision site prep on which other builders building out the communities.
The partial site plan for Masons Bend, showing first-phase home sites.
When completed, Masons Bend will be a 650-home community that will preserve and embrace nature among its homes. Amenities will include pool, walking trails and a clubhouse.
Fielding Homes, Saussy Burbank and The Cunnane Group are the builders on the project. Saussy Burbank’s houses will be priced from the high $300,000s to the low $400,000s. Cunnane’s houses start at just under $420,000.
The 550-acre site plan includes 6 future residential phases, 3 commercial development phases. The community, which is west of Interstate 77 along the Catawba River, abuts the future site of the new Fort Mill Medical Center.
Model homes should be completed in spring and some first-phase homes will be move-in ready during the summer.
For more details on Crescent’s new division and the history of the company, see the Observer report.
Pamlico Investments Inc., a Colorado-based development firm that specializes in self-storage properties, is planning a mixed-use project featuring retail, office and enclosed self-storage at the intersection of East 10th Street and Seigle Avenue.
Pamlico is seeking rezoning approval for a 1.4-acre site at the southwest corner of the intersection, just outside of I-277, to build a facility of up to five stories in height and up to 150,000 square feet in size. The site includes some undeveloped parcels…
Pamlico Investments Inc., a Colorado-based development firm that specializes in self-storage properties, is planning a mixed-use project featuring retail, office and enclosed self-storage at the intersection of East 10th Street and Seigle Avenue.
Pamlico is seeking rezoning approval for a 1.4-acre site at the southwest corner of the intersection, just outside of I-277, to build a facility of up to five stories in height and up to 150,000 square feet in size. The site includes some undeveloped parcels…
Charlotte-based Crescent Communities recently announced the appointment of Jason LaBonte as senior vice president of finance and investments for its multifamily group.
In his new position, LaBonte will manage the debt and equity capitalization of Crescent’s planned multifamily communities.
Crescent has 16 communities, totaling approximately 5,000 units, in various stages of planning across its footprint throughout the Sun Belt. The estimated cost for the communities, which are projected to start…
More needs to be done to support small businesses in North Carolina, N.C. Department of Commerce Secretary John Skvarla told the crowd gathered Wednesday for the N.C. Economic Developers Association Mid-Winter Conference.
“Everybody’s looking for the major manufacturer,” he said. “The problem is, when you find one, everyone’s trying to harpoon that same whale.”
And when 80% of the jobs in the United States are based in small businesses, he said, supporting those ventures becomes paramount.
“If…
Durham real estate investment group The Dilweg Cos. has sold a pair of office buildings in Charlotte's SouthPark market for $46.5 million. The sale price was a 39% premium over the $33.5 million that Dilweg paid in 2013 for the Class A office buildings in 2013.
The two buildings, the 10-story One SouthPark Center and the five-story Two SouthPark Center offices on Piedmont Row Drive, were 96% and 95% occupied, respectively, at the time of the deal. Engineering construction company Fluor is an anchor…
Pamlico Investments Inc., a Colorado-based development firm that specializes in self-storage properties, is planning a mixed-use project featuring retail, office and enclosed self-storage at the intersection of East 10th Street and Seigle Avenue.
Pamlico is seeking rezoning approval for a 1.4-acre site at the southwest corner of the intersection, just outside of I-277, to build a facility of up to five stories in height and up to 150,000 square feet in size. The site includes some undeveloped parcels…