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DEVELOPMENT

Doug Smith writes on business and development for The Charlotte Observer.You can reach him at (704) 358-5174 or email him at dougsmith@charlotteobserver.com.



RECENT COLUMNS
  • Belk to expand in Monroe

    $6 million addition to store planned as part of renovation of mall

    Belk plans to participate in the expansion and renovation of Monroe Mall with a $6 million addition to its department store.

  • Belk to expand in Monroe

    $6 million addition to store planned as part of renovation of mall

    Belk plans to participate in the expansion and renovation of Monroe Mall with a $6 million addition to its department store.

  • Tour gives 1st look inside The Trust

    For more than a year, passers-by have wondered what's happening inside that seven-story office building being converted to $1-million-plus condos on South Tryon Street near The Square in uptown Charlotte.

  • Houston firm to buy
    BE&K Building Group

    Company's headquarters will stay in Charlotte; buyer KBR wants to boost work in U.S.

    Charlotte's BE&K Building Group will get a new owner and greater financial resources to expand its construction business as part of an acquisition announced Wednesday.

  • Is Park Abbey an overlooked gem?

    Developer revamping building has record of seeing what others miss

    A Triangle area company that seems to have a nose for real estate deals is back in the Charlotte market with another acquisition.

  • Wait a sec -- wasn't Trump deal tabled?

    If Donald Trump's plans for a high-rise development in uptown Charlotte are on hold, what's that ad for the project doing in the Wachovia Championship program?

  • Blakeney's surprising speed

    About six years ago, Blakeney looked like an outpost with a cluster of single-family houses and townhomes on Charlotte's distant southern fringe.

  • Wal-Mart construction set to start

    Supercenter project going in next to IKEA currently being built

    At one of Charlotte's longest simmering shopping center sites, construction of the first building -- a Wal-Mart Supercenter -- is expected to start next month.

  • a place in the sun

    Developers say planned 83-acre campus on McKee Road will be a self-sufficient `town'

    A new continuing-care retirement community taking shape in Matthews is certain to be the southeast Mecklenburg town's Next Big Thing in residential development.

  • Trying to fit in at downtown Davidson

    Rare infill project aims to blend into historic town on half-acre lot

    Davidson probably is the last place in Mecklenburg County you'd expect to see downtown infill development.

  • Condo signs 1st retail tenants

    Thai restaurant, market set to move into Novare Group tower in Fourth Ward

    One of uptown's newest condo towers has signed the first two tenants -- a restaurant and a small convenience market -- for its street-level retail space.

  • Parking green across from the arena

    Deck to include condos, eatery and year-round green market

    Uptown Charlotte's latest Next Big Thing started with a need for parking spaces, but it will be much more -- possibly even a year-round green market.

  • Incentives help fuel Wachovia project

    Federal program tries to spur development in low-income areas

    The Charlotte School of Law is becoming almost as visible against the uptown skyline on Wilkinson Boulevard as the venerable JFG coffee billboard.

  • In search of investors,
    builders going green

    Sustainability will be part of discussion this week at conference

    Within five years, buildings that aren't constructed to environmental sustainability standards likely will have difficulty finding investors, experts predict.

  • Small size brings lower cost at Dilworth condo project

    A home in Dilworth for less than $150,000? That's not a typographical error. Prices range from the $140,000s to the $220,000s at the 52-unit TreHouse condos at Tremont and Euclid avenues.

  • Condo plan nixed in favor of rentals

    Developer of South End site changes plan amid slowing home sales

    The developers of a 75-unit condo project in South End have stopped sales and will build it as apartments instead.

  • An urban look, a rural feel

    Brookline was patterned after Heydon Hall, at lower price point

    An urban look, a rural feel Brookline was patterned after Heydon Hall, at lower price point Nearly 2 1/2 years after Northlake Mall opened, a new city of stores, restaurants and offices has grown up around it.

  • Buy a condo, get a business investor

    Developer offering $25,000 investment as incentive to buyers

    A South End developer has devised an unusual way to lure buyers to his live-work condos: invest money in their businesses.

  • Davidson project mixes condos, offices, stores

    Mixed-used can be draw in uncertain times

    In an uncertain housing market, developers look for ways to attract buyers while maintaining the confidence of their lenders.

  • Uptown condo
    boom is fading

    'In a bit of a holding pattern'

    Even more evidence: Billionaire Donald Trump's planning for a project that could have raised Charlotte's national profile is officially on hold.

  • Premier scouting for space

    Real estate advisers to assess health care company's office needs

    Premier Inc., a national health care alliance serving 1,700 hospitals, has engaged The Staubach Co. to assess its future office accommodations and resources.

  • Condo boom losing momentum uptown

    Several projects delayed as risk-conscious lenders limit their exposure

    Uptown's once sizzling high-rise housing market is showing signs of cooling.

  • Shift to offices taking shape

    12-story building may set tone in terms of density, project type

    Charlotte's East Morehead Street has been shifting toward more intense office development for about two decades, but the transition appears to be gaining speed.

  • For Collett firm, it's like selling yourself

    Company announces move to Metropolitan

    The commercial real estate firm helping develop and recruit retail tenants to Metropolitan in midtown Charlotte also sold itself on the mixed-use project.

  • Wal-Mart buys land in Fort Mill

    33 acres is near Regent Park community

    Wal-Mart Stores Inc., eager to capitalize on a population boom near the S.C. state line, has purchased 33 acres at U.S. 21 and Flint Hill Road in Fort Mill, S.C.

  • Chapel Cove gets in the parade

    Crescent Resources created a Next Big Thing on Lake Wylie in 2004 when it announced the Sanctuary, a 1,300-acre community of 187 private preserves.

  • European-inspired $1 million homes

    Cabarrus' Enclave at Timber Ridge aims for highest end of market

    Metrolina Development Corp. recently sold a 7-acre residential lot in The Enclave at Timber Ridge in Cabarrus for $495,000.

  • Shops a golf cart ride away for Sun City seniors

    RED Partners center to include bank, grocer, drugstore, fast food

    By early next year, residents of Sun City Carolina Lakes in Lancaster County will be able to drive a golf cart to a supermarket, a drugstore, a bank, a restaurant and medical services.

  • David Simonini's back to building custom homes

    After 2 years in prison, he's working on lake projects for Wingfoot

    Doug Smith: After just over two years in a federal detention camp, David Simonini is back in Charlotte and back in the business of building custom homes.

  • The green beauty of salvaged treasures

    Charlotteans are harvesting heart pine, handmade bricks and more, dating to 1835, at historic Old Crow Distillery

    The green beauty of salvaged treasures Charlotteans are harvesting heart pine, handmade bricks and more, dating to 1835, at historic Old Crow Distillery Three partners -- John Vieregg, Monte Ritchey and Jubal Early -- formed Bourbon Boards to sell salvaged heart pine, brick, limestone and other materials from the Old Crow Distillery near Frankfort, Ky.

  • Developer resuming work on Garrison

    Revitalization in area encourages local investors' involvement

    A Charlotte developer plans to resume work this week on an 11-story, 41-unit condo building on North Graham Street.

  • Empty nest, house full of memories

    Selling home to downsize feels like giving up a piece of self

    When I'm on Charlotte's westside, I always make it a point to drive by the old house where I grew up in Wilmore.

  • Developer has
    new name, site

    Centro CityWorks focuses its projects, home in uptown

    David Furman's Charlotte condo development company has adopted a new name -- Centro CityWorks -- and moved to new a home in the center city.

  • Aiming for the sweet spot

    To satisfy assertive empty nesters, downsized upscale housing heads toward established neighborhoods

    The Atlanta developer who partnered in the late 1990s with Bank of America to build Gateway Village in uptown Charlotte is back with a new project.

  • Morningside Village takes first giant step

    400 apartments -- above shops facing Veterans Park -- will take 5 of the new community's 33 acres

    Morningside Village is ready to take the first giant step toward becoming a Next Big Thing in east Charlotte.

Charlotte Merriment to Leave You Thankful
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