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Real Estate Blog
 South Charlotte Real Estate Blog 
Friday, 12 June 2009

Tega Cay receives money for 2 projects

Work will start soon on sidewalk-walking trail, Hubert Graham Way.

By Toya Graham
tgraham@fortmilltimes.com

The side of Tega Cay Drive that's unfriendly to pedestrian traffic won't be that way for long, thanks to $400,000 in federal stimulus money.

Another federal windfall separate from the stimulus fund will finance the long-awaited Hubert Graham Way road project.

The stimulus money will go to build a combined sidewalk and walking trail from Gold Hill Road at First Properties of The Carolinas to Watertrace Drive and Turner Athletic Field, City Manager Grant Duffield said.

“There is no sidewalk or walking trail on that side of Tega Cay Drive,” Duffield said. “Yet, we have many homes on that section of Tega Cay Drive where we have no pedestrian access.”

An existing sidewalk ends at First Properties, he said. The $400,000 will extend that sidewalk by nearly 3,200 feet, Duffield said.

Work is slated to begin within 60 days and take about that long to complete, Duffield said.

Tega Cay also will receive nearly $750,000 to help complete work on Hubert Graham Way, according to a news release from U.S. Rep. John Spratt, D-York.

Spratt was able to get $712,500 in the new omnibus spending bill to help pay for the new road.

Work is expected to kick off in 90 days, and construction is slated to take up to a year, Duffield said.

POSTED BY: Shirley Smith AT 08:43 am   |  Permalink   |  0 Comments  |  E-mail this
Thursday, 11 June 2009

1,014 new jobs announced at Charlotte nonprofit

By Jefferson George and Rick Rothacker
jgeorge@charlotteobserver.com

 

Gov. Bev Perdue is in Charlotte this morning to announce 1,014 new jobs at the Neighborhood Assistance Corporation of America, a nationwide nonprofit, the governor's office said.

 

NACA plans to invest $4.5 million in Charlotte as part of an expansion over the next five years.

 

Charlotte Chamber President Bob Morgan, Perdue and local elected officials are gathering on the fourth floor of 5855 Executive Center Drive.

 

Based in Boston, NACA is a national affordable lending program that focuses on low- and moderate-income families and properties. It offers loans with no down payments, closings costs or fees to customers.

 

The nonprofit's leader, Bruce Marks, is a self-described “bank terrorist” known for holding protests against banks that the group deems to have poor lending records in minority and poor communities.

 

Charlotte-based Bank of America has partnered with NACA since 1995 and in 2004 committed $6 billion to its lending program.

POSTED BY: Shirley Smith AT 11:31 am   |  Permalink   |  0 Comments  |  E-mail this
Wednesday, 10 June 2009

Wednesday, June 10, 2009

Poolside chic at the Ballantyne Hotel


The Ballantyne Hotel is starting a weekly party inspired by the chic gatherings often hosted poolside at South Beach hotels like the Delano.


The new Thursday night party, which kicks off this week, coincides with the unveiling of the luxury hotel's new outdoor pool (about half the size of an Olympic-length pool) located just off the spa.

Guests can mingle on the pool deck overlooking the golf course or lounge on the cushy chaises while DJ Lotta Noize provides the music from the second level terrace. Two bars will serve cocktails and the pool menu will be available until 10 p.m.


The party, which is open to the public, starts at 6 p.m. and runs through Sept. 3. (If sunbathing is more your thing, the pool is also available to members of the public for a $50 daily fee or it's free to use with a spa service.)
POSTED BY: Shirley Smith AT 11:40 am   |  Permalink   |  0 Comments  |  E-mail this
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