Market Watch, July 20, 2007:
Real Estate Developer, Calloway Investments, Inc., Announces Saint Johns Ridge Located Near Planned University City Development
This week, Crescent Resources, LLC shared their plans to develop the rest of the 205 acre tract that surrounds the home of the future IKEA store. Plans include retail shopping, restaurants and residences. The developers' plan that the multi-use facility, dubbed Belgate, will be completed within five years and act as a gateway for the University City area of Charlotte.
"When we chose University City for Saint Johns Ridge we saw many up indicators that predicated this kind of growth in the area," says Calloway Investments' President & CEO Nick Sabardin. "A development of this magnitude almost always has a positive effect on the real estate values in an area."
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Yahoo Finance, July 13, 2007:
New Office and Retail Planned Around Neighborhood by Developer Calloway Investments, Inc.
 "We are pleased to see our predictions for an area coming true once more," says Nick Sabardin, President and CEO. "Through our research, we have found that triggering events, such as the addition of retail and office space like what is planned at Caldwell Station, traditionally has a positive effect on real estate values in the area. We expect this will be of great benefit to everyone who purchased income property through us in this supercharged pocket of the Charlotte region."
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Forbes.com, July 6, 2007:
Calloway Investments Targets Charlotte, North Carolina as the Next Emerging Real Estate Market
 "A leading developer and vendor of real estate, Calloway Investments, Inc predictions were confirmed once again. In early 2004 Calloway Investments had identified Charlotte, North Carolina as the only market in the country exhibiting ALL of their indicators of an emerging area. Since then, the national media has been catching up and are now highlighting the Charlotte, NC supercharged real estate market. Recent articles with this theme have been seen in sources such as ABC's Nightline and the Wall Street Journal."
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More Calloway Investments Real Estate Investment News
Carolina Newswire, July 6, 2007 - Click Here To View
BusinessWire.com, July 3, 2007 - Click Here To View
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| CALLOWAY'S RESEARCH TEAM UPDATE |
Charlotte Makes Headlines
From Forbes.com July 11, 2007:
The Best States For Business
"North Carolina has the second-lowest labor costs in the country (18% below the national average), and incomes are projected to increase 3.8% annually over the next five years, the second-fastest rate in the country.
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From Money, May 18, 2007:
Mooresville, NC ranked in Top 100 Best Places to Live by CnnMoney.com
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From The Charlotte Observer, July 15, 2007:
Senior housing demand swells:
Retirement centers see abundant market in region
"Now, as baby boomers get older and newcomers and their parents flock to the area, retirement communities are filling up.
Some have years-long waiting lists.
"
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From The Charlotte Observer June 28, 2007:
Charlotte Holds Rank as 20th Largest City in US
“But Charlotte's booming growth has helped it secure a place with the old giants. The Queen City clocked in with 630,478 people in the July 2006 estimate, behind Baltimore and just ahead of El Paso. It will grow even more when it annexes about 5 square miles -- and 7,000 new residents -- on Saturday.”
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| CALLOWAY'S FEATURED INCOME PROPERTIES |
Sonoma Estates
Calloway Investments, Inc and Craft Homes USA have teamed up once again to offer Phase Two in Sonoma. Calloway Investments was drawn to this project, located in the northwest area of Charlotte, due to the many up indicators in the area.
Calloway Investments is always looking to position developments in areas of growth and positive change, this area of the Charlotte market appears to have it all. Among the many up indicators in this region are plans for Mountain Island Promenade, a $133 million multi-use facility with retail, office and residential space. In addition, recently the nearby exit off I-485 opened, easing access to uptown, the new Northlake Mall and Charlotte Douglas International Airport, and triggering an area specific mini-boom.
The success of Sonoma Phase 1 led to plans for a Phase 2, dubbed Sonoma Estates, with larger average homes and upgraded amenities. This warm, attractive and perfectly located neighborhood is composed of brand-new single family detached from 1,606 to 2,181 square feet. The neighborhood is well designed with a playground and plenty of open space.
Click here to learn more about all of the up indicators happening in this area and to request to see available inventory in Sonoma Estates. |
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| CALLOWAY WAS RIGHT AGAIN |
The New Gateway to University City
Shortly after Calloway Investments beginning construction on Saint John Ridge, international home furnishing retailer, IKEA announce that they would be building a store just a few miles away. Crescent Resources, LLC has just announced their plans for the remainder of that 205 acre tract of land where IKEA is already under construction.
Crescent plans to build a multi-use facility they hope will function as a gateway for the University City area of Charlotte. The project includes plans for retail, restaurants and residences. The developer has dubbed the project Belgate and anticipates completion within five years.
St. Johns Ridge is located in the heart of University City, just 10 minutes from uptown Charlotte and at the convergence of many major transportation arterials including Interstate 85, NC49, Interstate 485, US 29 and W.T. Harris Boulevard. The neighborhood is across from the new Cato Campus of Central Pediment Community college and The University of North Carolina at Charlotte is only 3 miles away. This area has been experiencing rapid growth and has been classified as one of the hottest rental markets in the city.
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Click here for more information about the hyper-growth potential of University City and to request available inventory in Saint Johns Ridge. |
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| CALLOWAY WAS THERE FIRST! |
Buildings to House Office and Retail Space Approved
at Entrance to Caldwell Station
In a joint venture with national home builder D.R. Horton, Calloway Investments, Inc developed select properties for our clients in the Caldwell Station neighborhood. After recent approvals for zoning changes, it was announced that four new buildings will be added at the entrance to the neighborhood that will house both office and retail space.
Caldwell Station is located in Cornelius just north of Uptown Charlotte, near Interstate 77 and minutes from Lake Norman. This beautiful neighborhood features amenities including a pool, clubhouse and mini-parks.
Through our in-depth research we have found that addition of retail and office space, like what is planned near Caldwell Station, traditionally has a positive effect on the real estate values. We expect this will be of great benefit to everyone who purchased income property through us in Caldwell Station.
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| SUCCESS STORY |
Even More Exploding Growth in Mint Hill
Growth and development is exploding in Mint Hill, North Carolina surrounding Calloway Investments' residential neighborhood, The Villages at Bent Creek. Recent reports show that Mint Hill has been experiencing tremendous growth including plans for more then 15 subdivisions with some prices in the $350,000 to $400,000 range.
Before Calloway Investments builds in any area we apply our extensive Due Diligence Methodology, looking for all the key indicators of impending growth. Since starting our work at The Villages at Bent Creek, the Mint Hill area has seen many changes including plans for a regional hospital, an upscale mall and numerous high-end neighborhoods. When The Villages at Bent Creek was originally released, none of those significant developments were known to the general public, yet well known to Calloway Investments through our in-depth research.
The Village at Bent Creek is located just minutes from Uptown Charlotte and Interstate 485. Bent Creek is also located just 2 miles from the heart of historic downtown Mint Hill which is experiencing rapid growth driving new shopping areas, offices and business parks.
Click here to find out more about all the growth in Mint Hill and to request available inventory in The Villages at Bent Creek.
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| *You are under no obligation to use any particular mortgage lender, property manager, or insurance company. Recommendations are made as a courtesy only, based on the reputation of, and our experience with, the referred companies. Calloway Investments Inc. and their advisors cannot be and are not responsible for the conduct of other firms.
**Nothing herein implies that other than the owner is responsible for choosing and directing each element of management. Calloway Investments Inc. is a developer and vendor of real estate, and nothing herein should be construed as legal, tax, financial or other professional advice. |
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