make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login

That's a pretty good

rate of return on real estate.

They bought at the peak of the market; values dropped in 2008 & 2009; and they'll achieve about a 58% profit on the land.

NC certainly needs the jobs. $100,000,000 is a pretty stiff price to pay. And unclear is whether the support from the Gold Leaf Foundation is included within that number. Plus a portion of it is in the form of a forgiveable loan.

Time will tell. Odd that she would plan her Asian junket just as this is coming to fruition and the legislature might need to return to special session to garner approval. One would think she might stick around to ensure this goes through.

And lest we forget, they are offering up to $20,000,000 in incentives for the Ironman movie.

They must think money grows on trees just as all of the entitlement takers believe.

They'll still have to get this one approved by the Legislature due to its size. May not be a done deal quite yet.

Reply

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
CAPTCHA
Please re-enter the code shown in the image below.