atlrvr

I believe it...film credits are pretty terrible because of their lack of long term value creation. It's usually just 1 time activity to tax, with many (most?) of the labor being non local. Film studio property taxes are pretty small. They are cheap buildings on cheap land, and most of the equipment can be rapidly depreciated for tax purposes. Films are pure vanity as far as economic activity, but so are sports and other projects, so not saying we shouldn't pursue them, just we shouldn't expect any sort of direct economic return.

10 more floors to go

^^^^ guess this

Also, looking like South Park is getting a Chanel boutique, though it's going into the current Hugo Boss space. Not sure if that means Hugo Boss is closing, or maybe moving down into the soon the soon to be vacant (slightly larger) Vince space.

Cedar Fair and Six Flags are merging and moving the combined HQ to Charlotte. https://www.dallasnews.com/business/local-companies/2023/11/02/theme-park-operators-six-flags-cedar-fair-to-merge-and-move-hq-to-charlotte/ Looks like roughly $3.2 Billion in combined revenue...so somewhere around #800 on the Fortune 1000 list.

https://www.dallasnews.com/business/local-companies/2023/11/02/theme-park-operators-six-flags-cedar-fair-to-merge-and-move-hq-to-charlotte/ Big win for Charlotte.

Wood frame??? This is the old Museum of the South location.

The former Pure space is getting taken by Vince....I guess Vince is already in the mall, and is relocating/expanding. https://www.vince.com/

Wait ...this has been planned since at least 2016, if not longer.

*** I removed the post above due to personal attack *** The topic debate is (at best) for the Coffee House at this point. Let's try to roll this back to actual South End high-rise discussions.

@KJHburg Where are these exactly? I can't place them. They look like they're at least a couple years old I guess.

That brick high-rise though

Pearl Park Way has separate/divided bike lanes from Kenilworth all the way up to where the Med School is under construction. I believe they are to be extended to McDowell at least, and perhaps up to Euclid. There was talk of then extending to connect to the railtrail at Camden Grandview.....so, I believe there actually is a planned bike connection from railtrail all the way to the Greenway, roughly aligning along the south side of 277.

Equally absurd is The Atlantic article author's wedding registry? From an article announcing her union: “Married to @EzraKlein!” “Married to @AnnieLowrey!” If you’d like to celebrate young media love, the couple is still registered for a $430 Mauviel copper saucepan at Williams-Sonoma,

As someone who doesn't drink very much I appreciate that this doesn't matter much to me, but I can't figure out what problem we're trying to solve with a "social district". Is the legal ability to walk from 1 bar to the next holding a drink in their hand holding us back as a city? All the proposed areas already have plenty of drunk people stumbling around, yelling 3-4 nights a week. Is there right to stumble around with a drink in the hand something that makes Charlotte a more desirable place to live? Totally get that this is a "get off my lawn while I wave my fist" post, but a more serious take is, at some point, the marginal tax revenue a city gains from a couple more drink sales than current regulations "allow" , there at some point is a declining (or negative) net benefit when it leads to more public safety/health issues.....though my more libertarian take is...not sure why we would have regulations in the first place.

A request for building permit for a Delta Sky Lounge was filed this week....so looks like this is moving forward.

Why wouldn't City Council get to vote on this rezoning? UDO hasn't changed rezoning approval process has it? I also wanted to ask @CLT Development his reason for immediately stating he would vote "no". Aside from the fact that I would like to think all petitioners get a chance to go through the process (present their arguments, host community meetings, respond to concerns/amend plans) before anyone voting casts a definitive decision, I'm not naive enough to believe that typically commissioners don't carry heavy biases on most projects. I agree with the points both @InSouthPark and @MothBeast have made, but would love the additional perspective.

My mind immediately thinks Beverly Hills and it's "Golden Triangle"....I'm ok with Charlotte and it's "South End Weird Triangle" though.... As far as Wilmore history. The idea that it's a "historically black neighborhood" certainly is a short dated view of Charlotte history. Tom Hanchett provides a more accurate account. http://ww.charmeck.org/Planning/Land Use Planning/Wilmore.pdf Golden Triangle for "urban wedge" comparison on steroids.

Seeing these pics reminds me that Wells Fargo looking to get rezoning approval to add logo signage at their top of 550 S Tryon

Looks like a 1954 Ford Crestline.

^^^ You were selling business-to-business, Amazon is selling business-to-customer, so I think the expectations are very different (households don't like to stock several months worth of inventory, they are the most JIT of any entities) That said, I dislike Amazon for a multitude of different reasons, but I concede at this point there's no getting the toothpaste back in the tube, so adapting/mitigating the impacts should be the reasonable goal at this point.

While this is a downsize of ~15k feet, they were pushed out by WF expanding (as KJ notes), and filling an empty spot at 615 Regions that was vacated (i think by Little Architecture downsizing). Feels like a win. The last bit of primo space still available is the old Ally space on Church, and then obviously 600 S Tryon (Legacy 3) after it comes on-line. 201 S College (Charlotte Plaza) and 301 S College (old 1 WF) are a bit of a challenge, and will have to compete on price (which is really tough now, as the companies that would used to be "value" space tenants are now the ones pretending to care about employee flexibility and go as remote as possible) 400 S Tryon is toast.....after thinking about it a bit more, I do think a conversion works here, but basically with "loggias" for the facades on the wider ends of the buildings. I'm not creative enough to see any other way, unless there is massive unmet demand for data/switching centers in Uptown.

8% is still very low long term target return for real estate private equity funds, especially in the current environment, which would suggests the ultimate investors (the equity in that fund) is ok for low-risk/low-return strategy, especially if there is a "social good" component to it. Ascent making their money on the capital management fee and then asset management fee I'm sure.

There's a lot of different ways to interpret that data. I'll throw out some different data: Total annual US sales of Ferrari, Lamborghini, Mclaren, Aston Martin, Rolls Royce and Bentley combined is less than 15,000 total per year. There are over 16,500,000 new cars sold each year in the US. The ultra-luxury segment is less than 0.1% of total cars (but 95% of cars in this thread ) There are over 11,500,000 US households with minimum net worth of $1.0mm. The top 1% of US households (1.3mm households) have net worth of > $11mm. Again, a bunch of random stats, but I don't think the average supercar is owned by someone aspiring to be a millionaire but their car spending is holding them back. Lastly, as someone who enjoys/envies supercars, I sort of think there are a lot of vices/splurges people waste money on. While a supercar isn't the most fiscally best idea, if it brings happiness to someone, then all the power too them.