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Development forecast for Charlotte, N.C., region focuses on steady growth.

Publication: Charlotte Observer (Charlotte, NC )

Publication Date: 02-JAN-05
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COPYRIGHT 2005 The Charlotte Observer

Byline: Doug Smith

Jan. 2--Veterans of the real estate industry fondly remember the surge in office and warehouse construction in Charlotte that followed the early 1990s recession.

This time around that's highly unlikely, they say.

This recovery has occurred slowly, fueled mainly by demand for shops and services in outlying areas and commercial clustering near Interstate 485 interchanges.

"We're looking at very stable and methodical growth...

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