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For the first time in at least nine months, a new condo development is under way in uptown.

For the first time in at least nine months, a new condo development is under way in uptown.

Charlotte turned heads among national investors when the Catalyst uptown sold recently for a record-breaking $103.3 million, or $223,500 per apartment unit - the highest sale reported in the Carolinas.

Charlotte turned heads among national investors when the Catalyst uptown sold recently for a record-breaking $103.3 million, or $223,500 per apartment unit - the highest sale reported in the Carolinas.

Last year proved to be a promising one for the principals at Berkeley Capital Advisors.

Construction is scheduled to resume this month on the Park condo tower in Charlotte's uptown.

Bank of America Corp.'s annual report gives a glimpse into how much the bank's newest Charlotte tower is being used - only about a third of its is occupied.

The owner of The Park condo tower in uptown is talking with the city about plans for the project and has bought additional land, suggesting work may soon start on the project that has sat empty and rusting for more than two years.

The owner of The Park condo tower in uptown is talking with the city about plans for the project and has bought additional land, suggesting work may soon start on the project that has sat empty and rusting for more than two years.

Developers announced ambitious plans during better days - ranging from densely packed urban communities with shops and condos to suburban office and hotel projects the size of a small town.

Kerry Hall Singe
Kerry Hall Singe writes on business and development for The Charlotte Observer.