Tuesday, October 18, 2005

Developers are Actually Building Buildings

newsobserver.com | Business:

The lowest office vacancy rate in 3 years (14%) has developers breaking ground on new space...

Monday, October 10, 2005

Pros and Cons of the Proposed Commuter Rail

newsobserver.com Growth

WOW! -- $759 million for 28 miles. That is $27.1 million per mile

Raleigh City Councilman Isley's take on the Rail...

newsobserver.com Growth:

"Proposed rail route misses mark"

Toll Roads are on the Way to NC

newsobserver.com | Growth: "The first one will most likely be in the Triangle -- a 4.5-mile extension of the Durham Freeway to Morrisville, helping whisk software engineers and chemists in Cary to their labs in Research Triangle Park. The toll road could be open as soon as 2010."

Let's hope this Easley Muckety Muck is more effective than the others have been so far...

Wendell Sheds Stale Persona

newsobserver.com | Local & State:

"As proof that this goal is no mere pipe dream, residents point to Wendell Falls, a massive 4,000-home development planned for 1,400 acres on its western edge near Lake Myra. In addition to more than doubling Wendell's population of about 5,000, Wendell Falls promises to radically alter the makeup of the town."

Triangle Rental Market Bullish

newsobserver.com | Real Deals: "The apartment vacancy rate in the submarket that includes Cary dropped to 7.6 percent in March, down from 14.4 percent in March 2002, according to the Triangle Apartment Association. The regional vacancy rate was 9.8 percent, down from 13 percent in March 2002."

Friday, October 07, 2005

Growth Growth Growth

newsobserver.com | Growth

These are obviously the projections that are bouying all the local builders expectations...

The Triangle -- especially Wake County -- consistently has grown more than expected over the past four decades.