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  • City Mutations

    02/01/2004 6:55:16 AM PST · by Huber · 125+ views
    Rhinoceros Times ^ | 1/22/04 | by Allison Hart
    The Charlotte City Council potentially trashed a $24 million deal Tuesday night when it unanimously voted to rezone what was once the land of the Hornets. You know, the Charlotte Coliseum that sits out there on Tyvola Road like a giant white elephant the city spent in excess of $100 million to build. The property was supposed to be sold for $24 million, but now nobody’s sure what it will fetch. Last year, Crescent Resources – the development subsidiary of Duke Energy – stepped up to the plate and committed to buying the 154-acre parcel for $24 million as part...