Blakcatfan

Kermit. Thank you for your insight. KJH Apologies for diverting the discussion off topic.

I think about this quite a bit, and am very curious to hear from folks that know more about this than I do. It appears to me that my scenario below is natural progression of cities, (and is already beginning to happen), and the proposed policy would help to speed up the process. Maybe I play devil's advocate too much inside my own head, or just don't understand the bigger picture, but I've always imagined the scenario playing out like this. If we eliminate new single family homes within the county borders, lack of inventory would cause property values would rise, more single family properties would be are sold and replaced by denser development, more lack of inventory, more rise in value, repeat, etc. Over time this would cause an exodus of wealthy individuals, who have no desire to live in a multi-family property? Creating more sales of single family homes, meaning more multi-family development, and more upward pressure on home values. Wealthy, property owning tax payers, would steadily be replaced by renters, who pay little to no property tax, and likely spend less money on products, goods and services within the county (i.e. sales tax revenue). Then, when a down turn occurs, there are no ties to the area for the renter, and they can just up and move to the next boom town. I have no experience in city planning, just using Layman's logic based on things I've seen happen in other places. Rising costs (property values and taxes) chases away the wealthy (who can afford to move elsewhere), the wealthy take the business with them. I know it's more complicated than this, and I'm not wanting to start a debate, I'm just looking to gain some knowledge., and respect the opinions of everyone on this site.

Updates to the project reported in the Biz Journal reflect the expansion happening on the other side or current practice field, behind Johnson & Wales buildings, and connecting to 4th Street. Project is expected to include a fieldhouse with up to 5,000 seats, as well as other amenities. "The size of the field house is not disclosed in the application but some details included reveal that it will have indoor seating for sports and entertainment events, up to 5,000 seats “for such uses outdoors on a periodic basis,” restaurant and bar uses, retail and personal services, some interior offices, mobile food and retail, among other features." Given the limited width of the additional lot, my guess would be parking and outdoor surfaces would be on new lot, while the field house and remaining fields and items would be built on the existing practice site. Given training camp will be in Charlotte, this should move pretty quickly, or 2024 may have to be moved to somewhere else in the city.

Looks like some details are slowly coming in on Panthers plans for the practice facility. Earlier reports appeared to reference expansion in a lot behind he stadium (across the tracks) but updates in the Biz Journal show that the expansion will be on the other side of the existing practice field, on an existing gravel parking lot (between Johnson & Wales property and the tracks). It would extend the site to 4th Street. Upgrades will include a Field House with up to 5,000 seats, along with other amenities. With training camp expected to be in Charlotte this offseason, at least some of this would likely have to be done quickly.

Hornets unveil $215 million in renovation plans for Spectrum Center. What to expect Read more at: https://www.charlotteobserver.com/sports/article284069338.html#storylink=cpy Charlotte Hornets detail $200M-plus plan to renovate uptown arena Spectrum Center (RENDERINGS) https://www.bizjournals.com/charlotte/news/2024/01/12/charlotte-hornets-nba-spectrum-center-uptown-arena.html

It was reported in November that the Panthers had applied for a rezoning amendment to allow for changes to the 7 acre practice site. The plan calls for the removing the practice bubble, moving parking and adding additional practice surfaces. No major details were provided.

Whatever it is, it's visible in the earlier pictures before the structure was knocked down.

Crazy thing is, this still looks better than the Truist signage.

I don't think I've ever seen this skyline view before. It makes Charlotte look so much larger than any other angle I've seen. Will be exciting to see this view a few years from now when some of the larger southend and midtown projects are complete.

It honestly looks like its still under construction. It looks like they wrapped it the same press board they use in residential construction that they attach siding to.

230 South Tryon began its life as an office tower in 1971. It was gutted and converted to condo's 20+years ago. Same thing was done to building at 139 S. Tryon, creating the Trust condo's. Just some examples where it has been done. I think there are likely several older towers where this could be done, if a sufficient market develops.

Based on the dirt patches and what appear to be a significant number of work vans, it appears this photo would be late summer 1988. Dedication was Aug 11, 1988.

Howard Levine is his cousin. Leon is his uncle, and co-founder of Family Dollar. Howard is Leon's son, and took over as CEO when Leon retired. Daniel is Al's son. Al passed away back in 2016, but the family trust is still part owner of the first ward property along with Danielle, and uncle Leon. Leon is in the one that has all of the Atrium stuff named after him.

Just for clarity, Daniel is actually Leon's nephew. His father Al is Leon's brother. The land in first ward is owned by Daniel, Al and Leon Levine (not sure if cousin Howard (Leon's son and former Family Dollar CEO) is involved, but they are all closely related, and have a lot of clout in the city.

I was just in Nashville a few weeks ago, and after seeing how large Music City Center was I had to look it up. They list 350,000 SF of Exhibit hall space, but that's just one contiguous space. They have a 570,000 square foot ballroom, and 900,000 square feet of breakout space. I don't know how it's configured inside, but the building's footprint takes up 6 city blocks, and is 4 or 5 stores tall. I don't like saying this, as I am a CLT fan 100%, but we're a AA team in the world of conventions. Given the location and monetary situation, I don't know how they would fix it.