Real Estate
Traffic a concern with building proposal; public meeting Monday
April 8. By Dave Vieser. A request to rezone three acres of vacant land at the northeast corner of Bailey and Statesville roads to accommodate three new retail buildings has generated concerns among area residents about increased traffic. If approved, the three new buildings comprising 40,000 square feet would house a mix of restaurant, retail […]
Some Baby Boomers staying put, fixing their homes
By Erica Batten. With aging parents, visiting grandchildren, boomerang children, and second-act careers, many recent retirees choose remodeling projects that offer the best of both worlds: upgrades that allow them to stay in their old homes while increasing market value should they decide to sell. “The year 2015 closed with above-average price appreciation, increased new construction […]
Charlotte proximity, lake, weather drive market
The S&P/Case-Shiller index shows prices increased 5.4 percent year over year in December 2015 vs. a 5.2 percent increase the month before. A 20-city composite showed a year-over-year gain of 5.7 percent in November and December. Portland led the way with an 11.4 percent year-over-year price increase, followed by San Francisco with 10.3 percent and […]
More new housing for over-55 set is coming
The number of age-restricted residential developments in Cornelius continues to grow. The Cornelius Town Board unanimously approved a conditional rezoning request for 103 more single-family homes for seniors in the Bailey’s Glen development in the southeast corner of the town. This is in addition to 72 new lots approved last year. Bailey’s Glen already has […]
Developer sets course for Anchorage Marine
March 7. By Dave Vieser. A Chicago-based developer wants to transform the long-vacant Anchorage Marine building on Highway 21 at Westmoreland Road into a combination bar and eatery. Under the plans submitted by David Stockwell, of Emerging Concepts, the prime corner would become a home for live entertainment, a bar and food trucks. The property, […]
Helen Adams moving LKN office to Cornelius
Charlotte-based Helen Adams Realty will move its Lake Norman office from Huntersville to Jetton Village in Cornelius, just outside high-end neighborhoods like The Peninsula, Patrick’s Purchase and Shearwater. The new office, some 3,000 square feet, will be within eyesight of Premier Sotheby’s International and some of the luxury agents at Allen Tate’s Lake Norman office […]
Troubled couple stayed in a mansion on Bethelwood Lane
Dec. 10. The man who police say killed his wife in a budget-price motel alongside I-77 stayed at a mansion on Bethelwood Lane. Timothy Leonard was a house-sitter/caretaker at a $1.4 million house on one of the priciest streets in Cornelius. The 4,311 square foot home was sold in November. The lakefront house on 1.5 acres—complete […]
Alexander Farm: Price tag is $18 million
Dec. 8. By Dave Vieser. One of the last large parcels of land in Cornelius—and the last farm west of I-77—is for sale. The 54-acre Alexander Farm, located at the corner of West Catawba Avenue and Westmoreland Road, was listed this week at $18 million by Ryan Bentley of SRA Homes of Mooresville. The $18 million […]
MacLean Curtis moving plant from Cornelius to Mooresville
Nov. 20. The Curtis Screw plant, a mainstay in the Cornelius manufacturing scene for decades, will build a 97,000 square foot plant on 24 acres in Mooresville Business Park East. The new plant will be worth on the order of $30 million, and employ as many as 150 people full-time. John O’Neill, general manager of what’s now called MacLean Curtis, […]
The Teeter won’t be ready for Turkey Day
Andy Bruce, a bagger at the Old Jetton Road store, will move to the Antiquity location Nov. 18. The 53,000-square foot Harris Teeter in Antiquity Town Center will open 8 am Wednesday, Dec. 2. Harris Teeter’s second location in Cornelius is the anchor of the new shopping center which includes 28,000 square feet of additional retail. It’s […]
