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Desiree Mathurin

Charlotte

Growth and Development Reporter at The Charlotte Observer

Growth + Development Reporter @theobserver | Past: @Denverite, @CPRNews, @AP, @NewsdayHSsports | CUNY Kid 💪🏽 | 3 Bev Minimum 🧋🥤🍵

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Articles

  • This crypto giant is the latest tenant for South End Charlotte tower 110 East

    4 days ago | charlotteobserver.com | Desiree Mathurin

    Another tenant is heading to the 110 East office tower in South End. Coinbase, the nation's largest cryptocurrency exchange platform, will be leasing two floors and taking up 58,600 square feet, according to a news release from Trinity Partners, which handles leasing for the building. It's been a busy time for the year-old building that sat vacant in its early days. Coinbase's move is the third leasing announcement the tower has had in the past two weeks.

  • Charlotte's office vacancy rates sees stabilization, especially with job growth

    1 week ago | charlotteobserver.com | Desiree Mathurin

    While Charlotte's office vacancy rate is still higher than the national average, the market is seeing some stabilization. The vacancy rate is sitting at 22.4%, according to an April report from commercial real estate firm JLL. The year's first-quarter numbers align with what the city has seen since mid-2024. The national average of is 19.7%, according to a May National Office Report from real estate research firm Yardi Matrix.

  • Carowinds hit with new layoffs. Parent company cuts 10% of jobs at amusement parks

    1 week ago | charlotteobserver.com | Desiree Mathurin

    For the second time this year, Carowinds has laid off an undisclosed number of employees. The layoffs come after parent company Six Flags Entertainment Corp. announced this month that it would be reducing its full-time staff systemwide by over 10%. Kristin Fitzgerald, Six Flags' east regional director of public relations for Carowinds, confirmed Tuesday that full-time positions were eliminated. But she refused to say how many employees were affected by the layoffs.

  • Huntersville farm sold to out-of-state company after 163 years of family control

    1 week ago | charlotteobserver.com | Desiree Mathurin

    Wallace Farm, the Huntersville institution that has been worked by seven generations of a single family since 1863 in the midst of the Civil War, was sold this month to an out-of-state company. Denali, a Russellville Arkansas-based organic recycling company, said it purchased Wallace Farm Inc.'s two properties for an undisclosed price - the 75-acre facility in Huntersville and a 162-acre site in Advance, near Greensboro and Winston-Salem.

  • Charlotte historian explores old problem in new book on affordable housing

    2 weeks ago | charlotteobserver.com | Desiree Mathurin

    Back in 1998, Tom Hanchett released a book on how the city of Charlotte was developed. " Sorting Out the New South City: Race, Class, and Urban Development in Charlotte, 1875-1975, " detailed Charlotte' growth and development that was fueled by segregation of race, class and wealth. The community historian's book also explained how development choices of the past still have an impact on Charlotteans. Yes, even in 2025.

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