Construction loan woes delay $26M building at N.C. Research Campus
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.
Featured
Hot Off The Wire
- Red Hat's new Fedora lead; Cree LED breakthrough; Google, Cisco top 'green' list; Oracle rejects SAP settlement; Yahoo board shakeup
- Will Cisco report progress in its turnaround efforts?
- Cisco server fire threat; Lenovo Android upgrade; cloud startup vs. Cisco; Epic's Blesinski to host awards; Google 'Solve for X'

