The city has severed ties with the project. Bank of America,First Union Corp. and other major contributors are no longerdonors. The project's finances have been questioned by the city, atvarious times, since 1991.

In an effort to prop up the struggling enterprise, the WestCharlotte Merchants Association has installed Colleen Bush asmanager, replacing community activist Louise Sellers.

he 10,000-sf building houses only six tenants in space that wasdeveloped for 18 users. Rents are $275 to $650 monthly for suitesfrom 230 sf to 700 sf.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.