Charlotte Mecklenburg Library Digital Branch

A developer broke his pledge to build affordable housing near uptown, a jury found

More than a decade after selling valuable land for development, Cherry hopes to get some back after winning a lawsuit against developer StoneHunt LLC. BY ELY PORTILLO

A community group in one of Charlotte’s oldest predominantly black neighborhoods has won a large verdict against a developer after a jury found the developer broke promises to build affordable housing on land purchased for below market value.

For more on this story, see the Charlotte Observer: https://www.charlotteobserver.com/news/business/biz-columns-blogs/development/article217814295.html