On Mike's Desk today, read about the odd twists in the Guilford County Board of Commissioners District 6 race; the Fracking debate; and Brown Investment's plans to build 100 apartments near PTI.

Mike's Desk 5.23.2012

Mike's Desk: May 23, 2012
Your One Stop News Source for Real Estate, Local, and Business News!


Sheetz still eyeing Triad for possible distribution center
Altoona, Pa.-based gas and convenience store chain Sheetz is still evaluating potential sites in the Triad for a $40 million distribution center that would create 250 jobs
 Read More.

Brown Investment plans 100 apartments near PTI

Brown Investment Properties is planning an $11 million, 100-unit apartment project near Piedmont Triad International Airport that could get under construction as early as September.  Read More

Greensboro colleges at work on downtown plans

The idea to create a shared downtown campus for Greensboro’s seven colleges and universities should get a “go or no-go” within six months, according to officials with Opportunity Greensboro.  Read More

Grasshoppers owners look to buy NewBridge Bank Park

The owners of the Greensboro Grasshoppers minor league baseball team hope to purchase NewBridge Bank Park in downtown Greensboro this year from its owner, the Joseph M. Bryan Foundation. Read more

Home mortgages boosting revenues for Triad banks

With commercial and residential development cold and business loan demand still weak, some Triad community banks have turned to home mortgages for a growing share of their top line revenues.  Read more.

City takes first step for arts bond

The Greensboro City Council voted Tuesday night to take the first of three procedural steps to put a $30million bond referendum on the November ballot to help build a downtown performing arts center. Read More    

YMCA move to Lee St. is closer

If the Hayes-Taylor YMCA wants to move to Barber Park, it now can legally do so. Read more.

Greensboro manager recommends $449.9 million budget

Your Greensboro property taxes aren't likely to increase July1. But your other bills from the city could get more expensive.  Read more

Editorial: Most valuable jobs

The return of manufacturing jobs is vitally important for the Triad, but growth in key industries won’t happen by accident.  Read more.

Bill will put Cashion in at-large seat

Kay Cashion has spent more than seven years speaking for residents of southwest Greensboro as a member of the Guilford County Board of Commissioners. Read more.

Read more here: http://www.sacbee.com/2012/05/09/4476219/bofa-offers-cuts-on-200000-home.html#storylink=cp

Greensboro considers buying former YWCA

In a closed session Tuesday night, the City Council authorized interim City Manager Denise Turner Roth to explore the possibility of the city buying the long-abandoned downtown YWCA. Read More.

Arts center finances are a sticking point for task force
With the Greensboro City Council taking a step toward a new downtown performing arts center, a community task force studying the project ponders its next steps. Read more.

Fracking debate fuels hopes, fears

Local businessman Ray Covington spends a lot of time these days speaking to civic groups about a favorite topic that’s come to dominate his work life in recent months.  Read more.

Editorial: Nickels and dimes

A flat property tax rate is good news for Greensboro residents, but it’s not the whole story. Costs are going up. Read More.

Greensboro may buy foreclosed properties

City Council members and city staff spent two hours Thursday afternoon exploring ways to boost local economic development. Read more.

Editorial: The grand slam

Greensboro's Joseph M. Bryan Foundation hits plenty of home runs for the community. The downtown ballpark has been a grand slam. Read more.

Arts center study looks at numbers

The numbers are impressive.  Read more.

Lowe's 1Q profit up, but cuts 2012 profit outlook

Lowe's Cos.' first-quarter profit climbed 14 percent, as warmer weather helped boost sales. But the world's second-biggest home improvement company lowered its full-year earnings forecast on Monday, saying it is still cautious on the housing market and economic conditions. Read more.

Council shy on arts center bond

City property taxpayers may not be asked to pick up a $30 million tab for a new performing arts center after all. Read more.

Odd twists continue in District 6

When the polls closed the night of the May 8 primary and the votes were counted, there was one local race that just wouldn’t end.  Read More.

Early College at Guilford ranked among nation's best

Guilford County Schools has announced that the Early College at Guilford is ranked among the nation’s best 100 high schools in reports from The Washington Post and The Daily Beast. Read more.

Read more here: http://www.sacbee.com/2012/05/09/4476219/bofa-offers-cuts-on-200000-home.html#storylink=cpy