NAOIP: Commercial Real Estate Vital to the Overall Economy; Industrial Sector Leads and Retail Stages a Comeback
The impact of new commercial real estate development in the U.S. continues to grow, according to the annual Economic Impacts of Commercial Real Estate research study conducted by the NAIOP Research Foundation. The combined economic contributions of new commercial building development and the operations of existing commercial buildings in 2022 resulted in direct expenditures of $826.9 billion…
84 Lumber Set to Accelerate Expansion Plans
The nation’s largest privately held building materials supplier plans to add to its existing 310 facilities in 2023 84 Lumber, the largest privately owned building materials supplier in the U.S., currently operates 310 facilities which include 234 stores, 14 component manufacturing plants, 28 engineered wood product (EWP) centers and 34 door shops. The company plans to open new facilities…
Woolpert Contracted to Plan, Design Northwest Concord (N.C.) Community Park
Woolpert has been contracted by the city of Concord, N.C., to provide park master planning, conceptual design, and engineering and architecture services for its new 28.6-acre Northwest Concord Community Park. The park site is at 1252 Cox Mill Road in Concord, adjacent to Cox Mill Elementary School and across the street from Cox Mill High School. Woolpert…
DICK’S Sporting Goods Announces the Grand Opening of Two New Concept Stores
DICK’S Sporting Goods (NYSE: DKS), the largest U.S.-based, full-line omni-channel sporting goods retailer, will be expanding its nationwide footprint with the opening of two new concept stores – OVERTIME by DICK’S Sporting Goods and DICK’S Sporting Goods Warehouse. Following the opening of three clearance centers last year in in Utica, MI, Spartanburg, SC and Racine WI, DICK’S is expanding its footprint of outlet…
CBL Properties Announces Redevelopment at Coastal Grand in Myrtle Beach, SC
CBL Properties (NYSE:CBL) today announced redevelopment plans at Coastal Grand in Myrtle Beach, South Carolina. As part of the project, DICK’S Sporting Goods will relocate to a new building near Dillard’s, which will include the addition of Golf Galaxy. Flip N Fly will then open a 53,000-square-foot family entertainment venue in the former DICK’S Sporting…
U.S. Green Building Council Report Reveals Prominence of LEED Certification Among Major Retailers Pursuing ESG Goals
Today, the U.S. Green Building Council (USGBC) released a new report, LEED in Motion: Retail, showing the prevalence of LEED certification in retail spaces around the world. LEED is used in more than 12,500 retail locations globally, allowing major brands like TD Bank, Starbucks, 7-Eleven and more to demonstrate achievement of ESG goals to their investors, customers…
Carvana to Invest More than $30 Million in Concord, NC
Carvana, a leading e-commerce platform for buying and selling used cars, will locate a new inspection and reconditioning facility in Cabarrus County, creating more than 400 jobs. The company will invest more than $30 million in Concord over the coming years. “The online marketplace only works for buyers and sellers when hardworking people are moving…
Carowinds Makes Bold Strike with Biggest Investment to Date
Carowinds will mark a turning point in its evolution as a destination amusement park when it introduces Copperhead Strike, the Carolinas’ first double launch coaster, for the 2019 season. Copperhead Strike simulates the harrowing chase of getaway cars racing through rolling farmland, sending riders on two launches through a relentless winding ride over half a…
BB&T Reinforces Commitment to Eastern North Carolina
BB&T Corporation (NYSE : BBT ) announced it will build an approximately 95,000-square-foot office facility on Pine Street in downtown Wilson, N.C. The new $35 million building will accommodate 650 BB&T associates who are currently working in the twin buildings at 223 West Nash St. or elsewhere in Wilson. BB&T expects to begin site work on…
SG Blocks Selected to Design and Construct 6,000-Square-Foot Container-Based Food and Beverage Venue in Greenville, SC
SG Blocks, Inc. (NASDAQ: SGBX), a leading designer, innovator and fabricator of container-based structures, has secured a 6,000-square-foot retail project with Gather GVL, an eco-friendly food and beverage venue in Greenville, South Carolina. SG Blocks will be designing, fabricating and delivering 23 modules, utilizing six containers and 17 purpose-built Intermodal Container Framing Systems. The modules…
