The warp speed of construction at the N.C. Research Campus has slowed almost to a standstill since the national economy tanked last fall.

Officials at the $1.5 billion biotechnology hub being built by billionaire David Murdock, the owner of Dole Foods, have been forced to delay several projects because they can’t secure construction loans. A planned housing development has been tabled until the residential market rebounds.

But the situation could improve soon, and construction of a high-tech storage facility is under way.

Developers are working daily to obtain financing for two major projects – the new branch of Rowan-Cabarrus Community College and the Medical Office Building.

For details, see the report.