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gooleyguy

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Posts posted by gooleyguy

  1. 28th Row has received their building permit and has only a few units remaining. Steel Gardens is in the same boat. Investors are not allowed because of lending laws. The demand for affordable product close to uptown is doing extremely well. I can only hope that developers can continue to offer units for people that only qualify for under $225K. Atlanta for example, over built product $500K and up and now there is a tremendous oversupply. Charlotte will do the same in the next 2-3 years if it isnt careful. The synergy of uptown is causing such a tremendous and welcomed diversity to Charlotte's previously fragile neighborhoods.

  2. I agree with everything above, but I was pleasantly surprised a month ago when I went to a gallery crawl. Much of the vibe was still the same, drum circles abounded and fire throwers were at their edge and the crowd was a healthy mix of white collar folks and the bohemians we are used to seeing there. New bars and restaurants have sprung up and seem to be doing very well (Solstice, Cabo, another place I can't remember the name). The Dog Bar seems to be doing well, and all the galleries were crowded.

    This really isn't so much a statement about pricing, but about the people that were there. It does seem that pricing in NoDa has taken quite a jump, but I was very happy to see the activity on the main drag that was not much different that in years past.

    Excellent comments and observations. I LOVE the NoDa area and believe that it is the last NoN corporate invaded area of Charlotte. It has 100 year old charm that we have been overly eager to destroy. Boston is fabulous because of the old buildings, charm and character. The new developments should be encouraged and welcomed. Affordable housing close to center city should be built and it getting more and more difficult to find. We should accept and respect Charlotte's neighborhoods as their individual characteristics that make them desireable rather than trying to change everything.

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