Category: Sponsored News – NSC Clips

News Summary McShane Construction Company has announced plans for a new multi-family community in Greenville, South Carolina. The project will feature 461 residential units across five four-story buildings and include 13 retail spaces. The development aims to enhance local living with modern amenities such as a fitness center, resort-style pool, and a dog park. Scheduled for completion in March 2027, this venture will significantly impact the local housing market and

News Summary The build-to-rent (BTR) market is booming, with occupancy levels hitting 95% and over 110,000 single-family homes under construction across the U.S. States like Texas and Arizona are leading the surge, driven by affordable housing demand and job market growth. Experts anticipate substantial increases in rental inventory in key states, adapting to changing housing needs and promising a bright future for the rental housing market. Nationwide Build-to-Rent Market Booms

News Summary Firefighters in Charlotte, N.C., extinguished a small fire at an apartment building on Liberty Row Drive. This incident raises concerns, as it follows a tragic fire in May 2023 that resulted in the deaths of two construction workers. Investigations are ongoing to determine the cause of the recent blaze, adding to the scrutiny of safety protocols at the site, where significant violations were previously noted. The community seeks

News Summary Charlotte is grappling with significant issues in its aging water infrastructure, including street closures due to construction, disruptions at the airport, and a major water main break. These repeated incidents raise alarm about the city’s capacity to manage its water systems effectively. With a majority of vital pipes over 50 years old, the necessity for urgent funding and infrastructure improvements becomes increasingly clear. Residents have experienced substantial inconveniences,

The Environmental Impact of Durable Structural Connections Durable structural connections are pivotal in modern construction, impacting both the strength of structures and their environmental footprint. These connections, often referred to as Durable Connections, are critical in ensuring longevity and performance in various building applications. Understanding their environmental impact is crucial as the world grapples with sustainability challenges. Understanding Durable Structural Connections Durable structural connections are engineered to withstand loads and

News Summary Charlotte has begun construction on the Queensbridge Collective, a 42-story residential tower poised to reshape the city’s skyline. This $700 million project will bring over 400 apartments to the area, enhancing urban living with modern amenities. As part of a larger trend, Charlotte continues to lead North Carolina in apartment construction amidst a growing demand for housing. The project represents not only a response to the housing crisis

News Summary The NCDOT initiates the NC 150 widening project in Catawba and Iredell counties, targeting a six-mile stretch from Greenwood Road to Mooresville. This project aims to address worsening traffic congestion by expanding the roadway from four to six lanes and constructing new bridges, despite community concerns about construction duration and impact on traffic flow. The $249 million project will ultimately impact 15 miles of road and is set

News Summary The Charlotte area is experiencing a significant increase in build-to-rent housing, with over 5,300 homes under construction. This trend reflects shifting housing preferences as residents seek affordable rental options amidst rising homeownership costs and a surging local population. Corporate landlords are becoming prominent players in the market, raising questions about the future of homeownership. As the build-to-rent trend continues, it reshapes the landscape for both renters and buyers

News Summary The N.C. State Health Coordinating Council has approved an unprecedented 1,042 new acute-care hospital beds across North Carolina, representing a 156% increase from last year. This decision addresses the growing healthcare demands driven by the state’s burgeoning population. The new beds primarily support the Triangle and Charlotte metro areas, vital for enhancing healthcare capacity. Significant investments in new hospitals are also underway, reflecting a shift from past restrictive

News Summary The Queensbridge Collective in Charlotte, North Carolina, has reached a significant milestone with the topping out of its 42-story residential tower. Developed by Riverside Investment & Development Co. and Woodfield Development, this luxury high-rise will become the second tallest residential building in the Carolinas, featuring 409 market-rate apartments. The total investment is estimated at $700 million, and residents can look forward to high-quality finishes and extensive amenities. Retail