Posted April 20, 2009

Construction loan woes delay $26M building at N.C. Research Campus

Print this story
By Salisbury Post

Construction of the new $26 million community college building at the N.C. Research Campus apparently has been delayed again, but developers still hope the college can offer classes there next fall.

Groundbreaking for the 62,000-square-foot Rowan-Cabarrus Community College facility was supposed to coincide with the May 1 inauguration of Dr. Carol Spalding, the college president, at the Research Campus.

But the groundbreaking has been delayed because developer Castle & Cooke North Carolina has not secured a construction loan.

"We are committed to moving as quickly as possible to make sure we can get the community college in and offering classes in fall 2010," Lynne Scott Safrit, president of Castle & Cooke, said in an e-mail.

For more details, see the Salisbury Post report.

Copyright 2012 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Biotech & Life Science

Biotech & Life Science

The latest biotechnology and life science news. Read more articles…

Featured