Interstate 85

Redwood Living, Inc. reports strong development start to 2023

Retrieved on: 
Thursday, August 3, 2023

Independence, Ohio, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Ohio-based developer and manager of single-story apartment homes, Redwood Living, Inc ., is off to an exceptionally strong 2023 with a number of new neighborhoods in development and recently opened throughout the Midwest and Carolinas.

Key Points: 
  • Independence, Ohio, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Ohio-based developer and manager of single-story apartment homes, Redwood Living, Inc ., is off to an exceptionally strong 2023 with a number of new neighborhoods in development and recently opened throughout the Midwest and Carolinas.
  • “We’re pleased with our strong trajectory through the first half of 2023,” said Steve Kimmelman, Chief Executive Officer at Redwood.
  • This neighborhood is adjacent to the University of North Carolina campus and is located 16 miles from Downtown Charlotte.
  • This neighborhood is located near the corner of Willow Highway and Canal Street within close proximity to shopping, dining and entertainment options.

Belmont Abbey College Unveils $100 Million Campaign and Development Plan

Retrieved on: 
Monday, February 20, 2023

BELMONT (Feb. 20, 2023) — Belmont Abbey College announces a historic $100 million capital campaign to fund physical and academic improvements at the Catholic liberal arts college, announcing that generous donors have already committed $72 million toward the ambitious development plan.

Key Points: 
  • BELMONT (Feb. 20, 2023) — Belmont Abbey College announces a historic $100 million capital campaign to fund physical and academic improvements at the Catholic liberal arts college, announcing that generous donors have already committed $72 million toward the ambitious development plan.
  • Located 20 miles west of Charlotte, Belmont Abbey College has nearly 1,500 students and has seen steady growth in enrollment and support over the past decade.
  • In 2019, Belmont Abbey struck a deal with CaroMont Health to build a hospital on the campus along Interstate 85.
  • Belmont Abbey College offers nearly 50 undergraduate, graduate, professional and pre-professional fields of study, and has a 95 percent acceptance rate into medical schools.

Redwood Living, Inc. expands across Charlotte with three new apartment neighborhoods

Retrieved on: 
Tuesday, February 14, 2023

Independence, Ohio, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Ohio-based developer and manager of single-story apartment homes, Redwood Living, Inc ., is significantly expanding in Charlotte, adding 268 apartments in three neighborhoods across the region.

Key Points: 
  • Independence, Ohio, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Ohio-based developer and manager of single-story apartment homes, Redwood Living, Inc ., is significantly expanding in Charlotte, adding 268 apartments in three neighborhoods across the region.
  • “Unlike traditional apartment complexes, no one lives above or below you in a Redwood home.
  • Our signature design offers residents single-story floor plans with two bedrooms, two bathrooms, and a two-car attached garage,” said Steve Kimmelman, CEO of Redwood.
  • Redwood has developed and manages 15,000 apartment homes in more than 120 neighborhoods throughout the Midwest and Carolinas.

Monarch Private Capital Finances New Affordable Housing Development in South Carolina

Retrieved on: 
Monday, February 6, 2023

Bridge Creek Pointe will be located on the south side of Oak Forest Road’s intersection with Reidville Road in southwest Spartanburg, South Carolina.

Key Points: 
  • Bridge Creek Pointe will be located on the south side of Oak Forest Road’s intersection with Reidville Road in southwest Spartanburg, South Carolina.
  • Monarch partnered with Prestwick Development Company to complete the project, which is expected to be available for rent in April 2024.
  • “Bridge Creek Point fulfills our mission by providing high-quality, affordable housing in a community with an enormous need for more housing.
  • We are grateful to our partners at South Carolina Housing, the City of Spartanburg, and Monarch for helping us deliver this community,” said Edrick Harris , Partner and EVP with Prestwick Development.

5Rivers CRE Acquires Lifestyle Center in Major Southeast Transaction

Retrieved on: 
Thursday, January 12, 2023

The 388,700-square-foot lifestyle and power center, located along Interstate 85, is the dominant retail destination in south-central Alabama.

Key Points: 
  • The 388,700-square-foot lifestyle and power center, located along Interstate 85, is the dominant retail destination in south-central Alabama.
  • "EastChase represents the quality of asset we're targeting in the Southeast and Texas,” said Analee Bivins, Head of Acquisitions at 5Rivers.
  • The Shoppes at EastChase represents the fifth retail center acquisition completed in Alabama for 5Rivers CRE.
  • “5Rivers is continuing to pursue properties in Texas, Alabama and other Sunbelt states, particularly in the healthy lifestyle retail sector,” Bivins said.

Montecito Medical Acquires Medical Office Property in Charlotte Area

Retrieved on: 
Monday, April 4, 2022

Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in the Charlotte suburb of Concord, North Carolina.

Key Points: 
  • Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in the Charlotte suburb of Concord, North Carolina.
  • We are very pleased by the opportunity to own this attractive and well-situated medical property, and to be part of a long-term relationship with a premier medical provider that we believe will be mutually beneficial, said Bryan Brown, Senior Vice President of Acquisitions at Montecito Medical.
  • The property is situated in a medical corridor just off Interstate 85, approximately 25 miles northeast of downtown Charlotte.
  • Montecito Medical is one of the nations largest privately held companies specializing in healthcare-related real estate acquisitions and funding the development of medical real estate.

DC BLOX’s New Greenville Data Center is Open for Business

Retrieved on: 
Tuesday, January 4, 2022

DC BLOX , a provider of interconnected multi-tenant data centers that deliver the infrastructure and connectivity essential to power todays digital business, announces the opening of its Greenville, South Carolina data center.

Key Points: 
  • DC BLOX , a provider of interconnected multi-tenant data centers that deliver the infrastructure and connectivity essential to power todays digital business, announces the opening of its Greenville, South Carolina data center.
  • The data center, designed to Uptime Institutes Tier III standards, is the first-of-its-kind multi-tenant data center located in South Carolina.
  • View the full release here: https://www.businesswire.com/news/home/20220104005328/en/
    DC BLOXs New Greenville Data Center (Photo: Business Wire)
    We are excited to announce that our new Greenville data center is ready and open for business.
  • To learn more about DC BLOX and its new Greenville, SC data center, please visit www.dcblox.com
    DC BLOX owns and operates interconnected multi-tenant data centers that deliver the infrastructure and connectivity essential to power todays digital business.

Toyota’s $1.29 Billion Electric Vehicle Battery Plant to Create 1,750 Jobs in North Carolina

Retrieved on: 
Tuesday, December 7, 2021

Its tremendous that Toyota has selected North Carolina for such an important part of its electric vehicle future, creating good paying jobs and moving us toward a healthier environment, Governor Roy Cooper said.

Key Points: 
  • Its tremendous that Toyota has selected North Carolina for such an important part of its electric vehicle future, creating good paying jobs and moving us toward a healthier environment, Governor Roy Cooper said.
  • Its clear the world is beginning to embrace a clean energy future and todays decision puts North Carolina front and center.
  • We couldnt think of a better location for this new battery plant than North Carolina, said Chris Reynolds, Executive Vice President, Corporate Resources, Toyota Motor North America.
  • Toyotas arrival in North Carolina will be facilitated, in part, by a transformative Job Development Investment Grant (JDIG).

Esri Partners with The Ray to Map Solar Energy Hot Spots

Retrieved on: 
Wednesday, October 20, 2021

"Since our founding, The Ray has been inspired by the opportunity we saw in the underutilized land along highway roadsides," said Laura Rogers, deputy director of The Ray.

Key Points: 
  • "Since our founding, The Ray has been inspired by the opportunity we saw in the underutilized land along highway roadsides," said Laura Rogers, deputy director of The Ray.
  • "Now, with the support of this cutting-edge solar mapping tool, The Ray can work with transportation agencies across the country to help them envision and plan solar energy projects using their ROW land in a way that simply wasn't available before."
  • To learn more about how Esri and The Ray are helping departments of transportation make the best use of their rights-of-way, visit theray.org/technology/solar/ .
  • Esri has regional offices, international distributors, and partners providing local support in over 100 countries on six continents.

UB Community Development LLC Announces Funding for Buc-ee's Store in Auburn, Alabama

Retrieved on: 
Wednesday, October 6, 2021

This will be the fourth Buc-ee's convenience store in Alabama and will create over 175 jobs in the Auburn community.

Key Points: 
  • This will be the fourth Buc-ee's convenience store in Alabama and will create over 175 jobs in the Auburn community.
  • UB Community Development was recently awarded a $65 million New Markets Tax Credit (NMTC) allocation by the Department of the Treasury.
  • For more information about UB Community Development, or for help with planning your next funding project, contact Alex Jones, President, UB Community Development at (251) 446-6017 or email [email protected] .
  • For more information about UB Community Development, visit our website at www.UBCommunityDevelopment.com.