Construction News In Charlotte NC - Projects And Updates

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Charlotte Real Estate Leader Peter A. Pappas Honored with Prestigious Pillar Award

Charlotte Developer Peter A. Pappas Recognized with Pillar Award On a vibrant evening in Charlotte, the local real estate community came together to celebrate accomplishments in the commercial property sector at the 2024 Heavy Hitters Awards held on October 17. Among the highlights of the night, Peter A. Pappas, a prominent figure in Charlotte’s commercial real estate, was honored with the esteemed Pillar Award. This award, given for significant contributions

October 18, 2024 No Comments

Business News

Charlotte’s Innovation Park Undergoes $8 Million Renovation to Attract New Tenants

Charlotte’s Innovation Park Transforms with $8 Million Renovation Charlotte, a city known for its vibrant business climate, is buzzing with excitement as the Innovation Park undergoes a remarkable transformation. Thanks to an overall investment of $8 million, the office and light industrial development is getting a much-needed facelift that aims to reinvent the space and attract new tenants. After facing an occupancy drop of nearly 40% due to the

October 18, 2024 No Comments

Business News

Major Industrial Development Plans Igniting Change in Kannapolis

Major Industrial Development Approaches in Kannapolis In the heart of Kannapolis, an exciting transformation is underway! Recently, a notable Charlotte developer made headlines by acquiring a significant piece of land along N.C. Highway 73. On September 28, 2023, C4-AR 7-Eleven LLC, linked to the experienced duo of Peter B. Pappas and Tim Sittema from Crosland Southeast, purchased a 10-acre site at 6551 Davidson Highway for nearly $1.9 million. What’s Happening

October 17, 2024 No Comments

Business News

Charlotte Office Market Exhibits Signs of Stabilization Amidst Reduced Vacancy Rates

Charlotte’s Office Market Shows Signs of Stabilization In the vibrant city of Charlotte, recent data indicates a shift in the office market as concerns about vacancy rates stabilize following earlier highs this year. According to a report by JLL, a reputable commercial real estate firm, office vacancy across Charlotte reached 22.5% in the third quarter of this year. This is a step back from nearly 25% seen in the second

October 16, 2024 No Comments

Business News

Charlotte Hosts Symposium Focusing on Community Development and Housing Equity

Charlotte Hosts Symposium on Community Development and Housing Equity Charlotte, NC – Last week, Charlotte was buzzing with ideas as Egbert Perry, the chairman and co-founder of Integral Group, took to the stage for a keynote address at the company’s symposium, The Future Scape: An Equity in Real Estate Development Symposium held at Queens University of Charlotte. Perry, who has been making waves in the real estate world since founding

October 14, 2024 No Comments

Business News

Charlotte Gears Up for Upcoming Election Season with New Election Hub Launch

Charlotte Prepares for Major Election Good morning, Charlotte! As you sip your coffee this Monday, I’ve got some important news you might want to pay attention to. As the city gears up for a bustling election season, it’s essential to dive deep into exactly what’s on your ballot and who the candidates are. Yes, the spotlight is on big names like Donald Trump and Kamala Harris, but let’s not forget

October 14, 2024 No Comments

Business News

Charlotte’s Crescent Communities Named Developer of the Year for 2024

Charlotte Firm Crowned Developer of the Year Charlotte has once again shown its prowess in the commercial real estate sector as Crescent Communities was honored with the prestigious title of Developer of the Year for 2024. This recognition comes from NAIOP, the Commercial Real Estate Development Association, a national trade organization that has been celebrating exceptional industry performance since 1979. The award was presented during the recent CRE.Converge conference in

October 14, 2024 No Comments

Business News

Exciting Changes Coming to Gastonia with New Housing Development

Exciting Changes Coming to Gastonia with New Housing Development Gastonia, a lovely city positioned in the southern part of Gaston County, is gearing up for some interesting developments. Residents will have a chance to weigh in on new housing proposals as the city’s council prepares to hold a public hearing on October 15. This comes as Mattamy Homes, a prominent homebuilder, seeks to make some major changes to a nearly

October 12, 2024 No Comments

Business News

Charlotte Businesses Harness AI for Enhanced Efficiency and Innovation

Charlotte Businesses Embrace the Power of Artificial Intelligence Charlotte is buzzing with excitement as local companies dive headfirst into the world of artificial intelligence. From an innovative architecture firm to a digital bank, organizations in the Queen City are discovering how this groundbreaking technology can streamline their operations, cut costs, and enhance productivity. AI: Not Just a Trend, But a Necessity The buzz around AI isn’t just hype. Camille Endacott,

October 10, 2024 No Comments

Business News

Exciting New Everly Apartments Celebrate Successful Opening in Charlotte’s South End

Exciting New Living Space Opens in Charlotte’s South End Charlotte is buzzing with excitement as the Everly apartments have officially opened their doors on West Tremont Avenue. This stylish new apartment community, developed by Florida’s Ram Realty Advisors, is already making waves with over 50% of its 253 units leased just three months after opening in July. David Klepser, the managing director of development and construction for Ram, expressed enthusiasm

October 9, 2024 No Comments

Category: Construction