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Good marketing and good fortune bring bigger projects than ever before
News 2 days ago
Good marketing and good fortune bring bigger projects than ever before

Charlotte developers are hearing a refrain they never heard before in their career: "You should have built it even bigger." Demand for commercial...

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Duke Energy scores financial partner for its 40-story uptown Charlotte building
News 3 days ago
Duke Energy scores financial partner for its 40-story uptown Charlotte building

Duke Energy Corp. plans to close on the sale of the site of its proposed 40-story uptown tower by Dec. 20, saying it has identified investors in...

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One of Charlotte's newest luxury apartment properties fetches more than $100M in sale
News 3 days ago
One of Charlotte's newest luxury apartment properties fetches more than $100M in sale

Capital markets activity continues to be white hot in the Queen City, with another apartment property acquisition notching a nine-figure sale. This...

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Charlotte hotel developer plans to double down on South End, Dilworth
News 4 days ago
Charlotte hotel developer plans to double down on South End, Dilworth

OmShera Hotel Group recently filed a rezoning petition for a site at South Boulevard and South Caldwell streets, which sits on the edge of Dilworth...

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Parking lots, once asphalt wasteland, become golden opportunities
News 4 days ago
Parking lots, once asphalt wasteland, become golden opportunities

As more suburbanites move downtown, developers are seeking new land for housing and offices, creating opportunities for owners of empty parking...

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Where the next wave of apartment developments around Charlotte may rise
News 5 days ago
Where the next wave of apartment developments around Charlotte may rise

New apartment construction continues to be pursued by developers in Charlotte as the city's growth chugs along. This account isn't linked to a paid...

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Demolition of SouthPark apartments imminent to make way for mixed-use project
News 6 days ago
Demolition of SouthPark apartments imminent to make way for mixed-use project

Tenants have vacated The Colony apartments and demolition is expected to begin shortly - likely later this month. This account isn't linked to a...

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What rapid rise in construction costs means for Charlotte market
News 1 week ago
What rapid rise in construction costs means for Charlotte market

It's no secret that rising construction costs have largely contributed to the city of Charlotte's rapid rental-rate growth. But a recent report by...

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Availability of talent drives South End’s appeal to employers
News 1 week ago
Availability of talent drives South End’s appeal to employers

In a shift away from the days when workers chased jobs, the location, vibe and concentration of high-skilled workers living in Charlotte's South...

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Two projects approved for downtown Kannapolis' remake
News 1 week ago
Two projects approved for downtown Kannapolis' remake

Two projects worth a combined $33 million have the go-ahead to bring some of the first townhouses and additional development to a reinvented...

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Northside Station in uptown acquired by Austin, Texas-based Westward Capital Group
News 1 week ago
Northside Station in uptown acquired by Austin, Texas-based Westward Capital Group

Westward Capital Group paid about $430 per square foot for Northside Station, an entertainment hub at North College and East Sixth streets in...

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Heavy Hitters: Winners in mixed-use, residential categories served as catalysts for continuing development boom (PHOTOS)
News 1 week ago
Heavy Hitters: Winners in mixed-use, residential categories served as catalysts for continuing development boom (PHOTOS)

With its apartments filling up with tenants and retail shops opening, it's clear that the Novel Stonewall Station project has served as a...

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Charlotte's Ginkgo Residential buys Durham townhomes for $37 million
News 1 week ago
Charlotte's Ginkgo Residential buys Durham townhomes for $37 million

Ginkgo Residential wanted its Durham townhomes back, and now it's plunked down the cash to do it. The Charlotte-based real estate firm bought back...

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Two SouthPark Center office building sells to Red Hill Ventures for $22M
News 1 week ago
Two SouthPark Center office building sells to Red Hill Ventures for $22M

Another office building in SouthPark has sold, the latest in a string of commercial transactions in the submarket. This account isn't linked to a...

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​CBJ Morning Buzz: Microsoft incentives on city agenda; Kannapolis mulls key piece of downtown development; Wells Fargo settlement approved
News 1 week ago
​CBJ Morning Buzz: Microsoft incentives on city agenda; Kannapolis mulls key piece of downtown development; Wells Fargo settlement approved

The agenda for Charlotte City Council's meeting this evening includes a public hearing for a Business Investment Grant worth more than $640,000...

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Heartbeat of Uptown shifts south through public-private commitment to placemaking
News 1 week ago
Heartbeat of Uptown shifts south through public-private commitment to placemaking

"When you think about where people congregate, you'd have to say the new center of Uptown Charlotte is Romare Bearden Park," said Darryl Dewberry,...

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Charlotte-based hotel operator names a new CEO
News 1 week ago
Charlotte-based hotel operator names a new CEO

Extended Stay America Inc. and its paired-share real estate investment trust, ESH Hospitality Inc., announced the appointment of Bruce Haase as...

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Bank takes more space at uptown tower as it plots growth in Charlotte region
News 2 weeks ago
Bank takes more space at uptown tower as it plots growth in Charlotte region

Fifth Third Bank has expanded within its namesake tower in uptown as it eyes local growth in the coming years. This account isn't linked to a paid...

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Brewery owners net big return on $9M sale of South End property
News 2 weeks ago
Brewery owners net big return on $9M sale of South End property

Sycamore Brewing's South End home has traded hands for $9 million, but the brewery plans to stay put - for now. It has announced plans to move next...

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Bowers adaptive-reuse sale in Lower South End could set the stage for similar deals in Charlotte
News 2 weeks ago
Bowers adaptive-reuse sale in Lower South End could set the stage for similar deals in Charlotte

An adaptive-reuse development in the Lower South End area has been acquired, making it the first stabilized, institutionally sized project of its...

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What's next for this shuttered Plaza Midwood restaurant spot after sale
News 2 weeks ago
What's next for this shuttered Plaza Midwood restaurant spot after sale

A former restaurant site in Plaza Midwood has traded hands for $2.5 million. Here's what's planned. Filled with "must read" stories, industry news...

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Legacy Union tower sells for a record-setting $441.6M
News 2 weeks ago
Legacy Union tower sells for a record-setting $441.6M

Bank of America Tower at Legacy Union has sold to Highwoods Properties for a record-setting amount. Highwoods Properties Inc. (NYSE: HIW), a real...

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SunTrust-anchored office property at Sharon Square trades for $37.5M
News 2 weeks ago
SunTrust-anchored office property at Sharon Square trades for $37.5M

This account isn't linked to a paid Charlotte Business Journal subscription. Filled with "must read" stories, industry news and reporter insights,...

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The suburban office park, an aging relic, seeks a comeback
News 2 weeks ago
The suburban office park, an aging relic, seeks a comeback

After losing tenants to revitalized downtowns over the last decade, developers are adding modern amenities to secluded campuses. Boom times in...

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SpringHill Suites, a Marriott brand, now open at Carowinds
News 2 weeks ago
SpringHill Suites, a Marriott brand, now open at Carowinds

SpringHill Suites Charlotte at Carowinds opened on Tuesday, marking the first hotel to be located on the local theme park's property. "As Carowinds...

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Transit-oriented designations, more multifamily units and a hotel get OK from City Council
News 2 weeks ago
Transit-oriented designations, more multifamily units and a hotel get OK from City Council

A rezoning petition for nearly 2,000 acres near Blue Line stations was given unanimous Charlotte City Council approval on Monday night. This...

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WeWork may lay off thousands
News 2 weeks ago
WeWork may lay off thousands

WeWork is preparing to cut at least 4,000 people from its workforce as it tries to stabilize itself after the company's breakneck growth racked up...

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Heavy Hitters: Complex hotel and lounge project, uptown restaurant among winners (PHOTOS)
News 2 weeks ago
Heavy Hitters: Complex hotel and lounge project, uptown restaurant among winners (PHOTOS)

For roughly a decade at the EpiCentre in uptown Charlotte, columns of concrete and steel jutted above the entertainment complex as the only hint of...

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Real estate firm grows Charlotte portfolio with $145M apartment acquisition in SouthPark
News 3 weeks ago
Real estate firm grows Charlotte portfolio with $145M apartment acquisition in SouthPark

Northland paid almost $400,000 per unit for Inspire SouthPark, a huge number for multifamily trades in North Carolina. This account isn't linked to...

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Plans unveiled for $1 billion development in Raleigh
News 3 weeks ago
Plans unveiled for $1 billion development in Raleigh

After decades of planning and preparation, a real estate company has unveiled its master plans for a $1 billion mixed-use "city within a city"...

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