Real Estate
Town agrees to buy land for Arts Center
Aug. 1. By Dave Yochum. The Town of Cornelius has signed an agreement to buy a 1.85 acre parcel downtown for a new arts center that has been approved by voters. The price tag is $1.495 million, according to Commissioner Jim Duke. The property was assessed at $1.1 million during the 2011 revaluation, according to […]
Allen Tate CEO predicts more price gains for existing homes
Rising home prices are a good thing, soaring prices not so much. The Charlotte region has been known for its steadier history around price appreciation—and declines. Steady here is a good thing. New home construction means year over year price gains of around 4 percent for existing homes are the norm in Charlotte, while Chicago […]
Growth vs. farms: Can the Alexander Farm be saved?
By Dave Vieser. The fate of the 54-acre Alexander Farm was top of mind for 75 people at Business Today’s Newsmakers Breakfast in may titled, “Growth & Infrastructure, What’s Next?” Even before the audience-driven Q&A session began, both Charles Knox, a developer and real estate broker who founded Huntersville-based The Knox Group, and Zack Wyatt, a […]
Antiquity retail: Truliant opens, Novant coming
May 12. By Dave Vieser. More than six months behind schedule, things are finally beginning to happen for the storefronts in Antiquity. Truliant Federal Credit Union is open, work is progressing on several other storefronts and Novant Health just agreed to occupy Building E, an office complex to be built on Zion Avenue west of […]
We have the meat on new Arby’s in Cornelius
May 11. By Dave Vieser. Arby’s is coming to Cornelius, and with a whole new look. Developer Stonegate LLC plans to build a 2,200 square-foot restaurant on a 1.6 acre parcel across from Lake Norman Tractor on Hwy. 21. While there are Arby’s stores in Mooresville and Huntersville, this one will have a whole new design, according […]
Growth Q&A at May 13 Newsmakers Breakfast
There will be three featured speakers at the Business Today Newsmakers Breakfast May 13 at The Peninsula Club. Charles Knox, a developer and real estate broker who founded Huntersville-based The Knox Group, and Zack Wyatt, a Cornelius resident who is founder of Carolina Farm Trust, will discuss “Growth & Infrastructure: What’s next?” in a Q&A […]
Classica puts W. Catawba proposal on hold
April 29. By Dave Vieser. Classica Homes has put its rezoning request for 40 attached, age-restricted homes on hold due to new information just received from the state DOT regarding the future widening of West Catawba. As a result, there won’t be a public hearing or any decision on their application at the Monday May 2 Cornelius Town Board meeting. RELATED: Property […]
Town Board delays decision on Classica Homes rezoning
April 19. By Dave Vieser. Following an hour-long public hearing last night, and staring at a possible 2-2 tie vote, Cornelius Mayor Chuck Travis suggested—and the commissioners quickly agreed—to delay a decision on the controversial Classica Homes rezoning request until their next meeting on May 2. Commissioner Dave Gilroy was absent, creating the potential for the […]
Planning Board OK’s rezoning on Bailey; hearing set for June 6
April 14. By Dave Vieser. Despite concerns about increased traffic, the Cornelius Planning Board has approved a request from Mariner Properties Inc. to rezone three acres of vacant land at the northeast corner of Bailey Road and Statesville Road to accommodate new retail buildings. By a 6-1 vote, the board sent the proposal on to […]
Developer knocks town staff on rezoning advice. Hearing on town board’s Monday agenda
April 12. By Dave Vieser. Gary Cangelosi, a well-known local developer, has written a 10-page letter to the Cornelius Town Board taking issue with the town’s staff recommendations to reject a proposal to build 40 attached, age-restricted homes on West Catawba Avenue across from Elevation Church. The rezoning request, which has placed the town planning […]
