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Amazon to open new facility in Metro East, helping owner fill vacant warehouse

The lease from the e-commerce giant — plus another from a manufacturer of fragrances — are the latest sign of St. Louis' red-hot industrial market. Read More...

American City Business Journals

New townhome community joins heavy activity in Wendell

A homebuilding giant is joining the rush of development in Wendell with a new townhome community. Taylor Morrison Home Corp. (NYSE: TMHC) of Scottsdale, Arizona, has filed plans for the Magnolia Townes, calling for 121 homes across 40 acres. The property is currently owned by Shelby-based Capitol Funds Inc., which bought the land in 2004 for $400,000, according to Wake County records.

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