Southeast City Scoop: Construction Starts in Charlotte
Total Construction Activity in Charlotte Area Expected to Increase by 3.5% This Year
Non-residential and residential work to rise slightly, while more robust growth is forecast for non-building activity.
City Grill
Megan Asher
Assistant Marketing Director
Edifice Inc.
Charlotte-area construction “doesn’t show any signs of slowing,” says Asher, president-elect for SMPS Charlotte. “Across the region, everyone is working at capacity with a healthy backlog looking into 2019.” Infrastructure investments will pay future dividends, Asher says. “As the connectivity increases with the Blue Line [light rail] extension and other planned infrastructure improvements, development opportunities are just going to broaden,” she says. Currently, education, hospitality and retail markets are among the most active, she adds.
Firm in Focus
Childress Klein
301 S. College St., Charlotte
Senior Managing Partners: Don Childress, Fred Klein
Employees: 280
Founded: 1988
What’s New: The Charlotte-based development firm says it expects construction to start in March for an office building at its Waverly mixed-use development project in Charlotte.
