New Year's Predictions - 2020

[Dale]

4 minutes ago, mpretori said:

https://www.moneytalksnews.com/slideshows/are-we-heading-into-recession-here-are-6-signs-to-watch/

"Consensus"

There is an extent to which a recession is a self-fulfilling prophecy. Question: do YOU want to have a recession ?

[urbanlover568]

11 minutes ago, Dale said:

There is an extent to which a recession is a self-fulfilling prophecy. Question: do YOU want to have a recession ?

Nobody want's a recession. Just saying there is no "consensus" of a recession not happening. It's all about planning and taking preventative measures. I'm getting out of the stock market for now as my personal measure to reduce the risk to me. 

[Guest]

34 minutes ago, Dale said:

There is an extent to which a recession is a self-fulfilling prophecy. Question: do YOU want to have a recession ?

Only thing I want is to end the Trump presidency

[Dale]

25 minutes ago, mpretori said:

Nobody want's a recession. Just saying there is no "consensus" of a recession not happening. It's all about planning and taking preventative measures. I'm getting out of the stock market for now as my personal measure to reduce the risk to me. 

Of course we’re going to have a recession - somebody. Your own reference has half predicting by late 2020. That’s far enough out that just about everything we know about will get started.

 

6 minutes ago, ricky_davis_fan_21 said:

Only thing I want is to end the Trump presidency

It will end - someday. Meantime: crayons and puppy dogs!

[Guest]

It will end - someday. Meantime: crayons and puppy dogs!

That’s the utensil trump writes policy with, yay!


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[KJHburg]

and yet I heard no one make 2019 sports predictions yet?  will Riverboat Ron keep his job?  Will the Panthers make the playoffs next year?  what about the Hornets?  who will win the Chase?  who will win the slam dunk contest at the All Star Game?  

[Dale]

38 minutes ago, ricky_davis_fan_21 said:

That’s the utensil trump writes policy with, yay!


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Just used it to stop a war. Democrats in disarray!

19 minutes ago, KJHburg said:

and yet I heard no one make 2019 sports predictions yet?  will Riverboat Ron keep his job?  Will the Panthers make the playoffs next year?  what about the Hornets?  who will win the Chase?  who will win the slam dunk contest at the All Star Game?  

I’m going to predict Hurley goes, Rivera stays and takes over the defense.

 

[J-Rob]

2019 Prediction:

Good threads will continue to be derailed by politics.

This year I won’t pretend to know enough to make predictions, so I will just recap and rank my favorite predictions above:

1. Ally officially moves headquarters to Charlotte. I like this because I think it would push Charlotte even further ahead of San Fran as #2 financial center, which it regained this year. This might even result in a second tower at some point. Disclosure: I also just switched from WF to Ally because user interface and interests saving % is so much better.

2. Announcement made that Bank of America will be remodeled a la Hard Rock stadium in Miami. This makes too much sense to me given the location of the current location. Tepper could at some point potentially buy the duke parking deck to either keep as a money generator or to redevelop into a major entertainment center.

3. Charlotte announces some form of Big Bang transit plan including silver line extending all the way to airport. I just pray and hope they can speed up the timeline so I can actually enjoy silver line before moving on from this life.

4. Based on expansion and shuffling of major players including EY, PWC, Parker Poe, AIG, US Bank, and maybe some dark horses, two substantial towers are announced and break ground. Both above 400 feet and one above 500 feet?

5. I like the idea of Honeywell in Spectrum, but they stick with a dumb and lazy name like Carson at Tryon. 5B. It would be incredible to lure another F500 to Charlotte, and would love for a relocation to land Uptown to expand diversification and densification. If Charlotte could somehow add Brighthouse, Honeywell, and one more company to the list of CLT F500 in an 18 month period, well that would be incredible. If CLT could get Ally and a non-banking F500 I would lose it.

6. Tepper announces intention to go after MLS. While that makes most sense so that the Panthers and MLS team could operate out of same stadium and increase site utilization, it would be an even cooler deal to me if Tepper relocated the rays or As to the pipe and foundry site.



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[urbanlover568]

 

2 minutes ago, J-Rob said:

2019 Prediction:

Good threads will continue to be derailed by politics.

This year I won’t pretend to know enough to make predictions, so I will just recap and rank my favorite predictions above:

1. Ally officially moves headquarters to Charlotte. I like this because I think it would push Charlotte even further ahead of San Fran as #2 financial center, which it regained this year. This might even result in a second tower at some point. Disclosure: I also just switched from WF to Ally because user interface and interests saving % is so much better.

2. Announcement made that Bank of America will be remodeled a la Hard Rock stadium in Miami. This makes too much sense to me given the location of the current location. Tepper could at some point potentially buy the duke parking deck to either keep as a money generator or to redevelop into a major entertainment center.

3. Charlotte announces some form of Big Bang transit plan including silver line extending all the way to airport. I just pray and hope they can speed up the timeline so I can actually enjoy silver line before moving on from this life.

4. Based on expansion and shuffling of major players including EY, PWC, Parker Poe, AIG, US Bank, and maybe some dark horses, two substantial towers are announced and break ground. Both above 400 feet and one above 500 feet?

5. I like the idea of Honeywell in Spectrum, but they stick with a dumb and lazy name like Carson at Tryon. 5B. It would be incredible to lure another F500 to Charlotte, and would love for a relocation to land Uptown to expand diversification and densification. If Charlotte could somehow add Brighthouse, Honeywell, and one more company to the list of CLT F500 in an 18 month period, well that would be incredible. If CLT could get Ally and a non-banking F500 I would lose it.

6. Tepper announces intention to go after MLS. While that makes most sense so that the Panthers and MLS team could operate out of same stadium and increase site utilization, it would be an even cooler deal to me if Tepper relocated the rays or As to the pipe and foundry site.



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My prediction is wall street moves to Uptown in BOA's new mega pyramid.  

[hinsp0]

1 more Fortune 500 HQ.

Atrium Heapth releases renderings of its planned substantial modernization and bed expansion for the main tower of the CMC Main campus.

The current Commercial high rise cycle continues as Duke breaks ground on its new HQ, LU 2 steams ahead, and dirt moves on the site of a mystery 500 footer.

Blockbuster Video finally breaks ground on the Elizabeth 7th street store it planned in 1993.  Likely to be at the corner of Seventh and Caswell since the quality development once planned there is entirely killed by Elizabeth Community Association opposition.

Panthers Rebound nicely in 2019 and clinch a playoff birth with Coach Rivera still at the helm.

The Southpark area begins to look much more dense, especially along Sharon north of Fairview when the ski slope church project tops out and the redevelopment of the sharon corridor along Morrison and colony begins construction.

It becomes more likely that a recession is inevitable when the E-Scooter market craters.  Yet, it’s replacement, the Entity, suddenly becomes a major economic driver that gives GDP growth a surprise boost in Q3 and a boost that greatly exceeds all analyst predictions after many Americans enjoy the extra disposable income they discover from the first tax refund received post enactment of the Trump administration’s tax plan. 

#cancelsouthpark

 

[RiverwoodCLT]

20 hours ago, ricky_davis_fan_21 said:

Only thing I want is to end the Trump presidency

Amen

[videtur quam contuor]

Is there an atrium at any of the ATRIUM locations and buildings?

[KJHburg]

3 minutes ago, tarhoosier said:

Is there an atrium at any of the ATRIUM locations and buildings?

Yes I think Levine children's hospital has a big atrium saw it on the news last night

[southernnorthcarolina]

 

Predictions of 2019 announcements, not necessarily completions, or even physical beginnings during the year...

•  The long-sought 1000-room convention hotel will be announced, on the current site of the Duke Energy computer center, which adjoins the Convention Center on two sides.  The new project will involve substantial additional convention space and ballrooms on the first three floors; 30 stories of office space; topped by an atrium hotel with rooms beginning on the 33rd floor; and one or two Overstreet Mall connections giving convention-goers covered access to the center city.

•  A medical school will be announced for Charlotte (currently, I think, the nation's largest city without one).  Site:  Cherry, convenient to Carolinas Medical Center, Presby, and Mercy.

•  A new Catawba River bridge will be announced, from Rock Hill to the US 521/NC 75 intersection, providing a direct link from Rock Hill to Waxhaw to Monroe -- the first leg of an outer outer belt.   Part of the route will go through land owned by the Catawba Tribe in SC, and the Tribe will get a casino permit as part of the deal.

•  UNCC will announce it will increase its Uptown presence,  with construction on the Levine land.

•  Charlotte Country Club  will announce development of a second 18-hole course,  in the Weddington/Waxhaw area.  They'll keep their Plaza-Midwood facility going -- for now.

•  Donald Trump will announce he won't seek the Republican Presidential nomination in 2020.  Your next President:  Senator Rob Portman of Ohio.

•  SouthPark will continue to thrive despite rumors of the death of retail.  A new four-star hotel will be announced for SouthPark's land fronting on Morrison Boulevard, near the Residences at SouthPark apartment tower.

•  Suburban sprawl will accelerate its comeback, especially in Union, Lancaster, and York Counties.  Seems a lot of folks prefer two acres on a pond with deer and hawks to living in a townhouse, however luxurious.  School quality, crime rates, and tax rates will increasingly be factors.

 

 

[tozmervo]

7 hours ago, southernnorthcarolina said:

 

•  Charlotte Country Club  will announce development of a second 18-hole course,  in the Weddington/Waxhaw area.  They'll keep their Plaza-Midwood facility going -- for now.

CCC is working on significant renovation plans to their facility currently.

[cltbwimob]

Predictions I have some confidence in:

-Lowes will base 60%-75% of their recently announced 2000 IT/technology workers in the Charlotte region.  It remains to be seen if they will be in Mooresville at their HQ or if they will put them in Uptown or somewhere nearby.  I’ll go ahead and predict they’ll anchor the NAI Elizabeth tower,  get naming rights and signage.

-Charlotte will gain two Fortune 500s but it will be two companies already based here: Brighthouse Financial and Coke Consolidated.  Brighthouse will be on the 2019 list.  Since the list is published based on previous year’s revenue figures, Coke Consolidated won’t be on the list until 2020 but it will surpass the revenue threshold needed to gain a spot on the F500 list in 2019.

-A current F500 company will drop off the list-specifically, Sealed Air.  They will drop off the list due to their recently announced divestiture of some of their business. Sealed Air will still be headquartered in this area and it will still be an F1000 company.  By the 2020 list (again based on 2019 figures) Charlotte will be home to the following F500s: Bank of America, Lowes, Duke Energy, Nucor, Sonic Automotive, Honeywell, Brighthouse Financial, and Coca Cola Consolidated (and Domtar if you count them).

Predictions I am less confident in:

-UNCC decides to double down on Engineering and other STEM related fields as well as Data Analytics.  Because of this push they see a significant increase in research funding.

-Wingate officially announces initial cohort of Optometry students at their planned Optometry school.  Shortly after, they announce they will add programs at the Masters and Doctoral levels for Nurse Practitioners.

-Panthers won the NFC South and end up making it to the NFC championship.

-Hornets make a splash in free agency, get Kemba some help, and make it to the second round of the playoffs.

-UNCC football becomes bowl eligible for the first time.

-UNCC, Winthrop, and Davidson all make it to the dance in basketball but are all eliminated by the second round.

-Aer Lingus is added to the AA/BA/IB transatlantic joint venture and adds service-perhaps seasonal-to Charlotte.

Predictions I think could happen someday, but not anytime in the next 5 years:

-Phil Dubois really gets sick of being called Chapel Hill Phil by students and alumni and becomes a fierce advocate for UNCC.  He announces plans for a medical school and a law school along with a host of other STEM and research related degrees and programs.  He also decides to establish the first school of aviation in the UNC system. During the last few years of his tenure he decides to commission a study for changing UNCCs name to University of Charlotte.  He ultimately decides not to actually start the name change process but retires as Chancellor having ushered in the football program, a medical school, aviation school, and a law school.  Annual research grants exceed $175 million in his final year and he is remembered as the most transformative chancellor in the institution’s history.

-Wingate after graduating a cohort of Optometrists and DNPs (see above), announce their intent to bring the full gamut of health sciences programs to the Levine School of Health Sciences.  They begin with a school of Podiatry and a school of Osteopathic Medicine and then follow with a School of Dentistry.  Finally they add a School of Audiology, a School of Sleep Science, and a Veterinary School.  Between Wingate and UNCC, Charlotte finally has the educational assets in place to be a big power player in the knowledge economy.

-UNCC football ascends to the top of CUSA in football and basketball and occasionally climbs into the top 25 rankings for both.  Both programs consistently make post season appearances in Bowl games and the dance respectively.  App State and ECU are both persuaded to drop their current conferences and join CUSA creating a major three-way, in-state rivalry.

-Davidson and Winthrop, not to be outdone (at least in basketball) also consistently appear in the NCAA tourney.  Winthrop, as usual gets knocked out in the first round but Davidson and UNCC start making runs into the Sweet 16 and Elite 8.  Both eventually make it to the Final 4 though not in the same year.  The battle for the Hornets Nest trophy becomes a nationally televised annual “game to watch” and a local sensation.  Charlotte becomes somewhat of a hotbed in college sports.

-Ally, LPL Financial and XPO Logistics move their HQs to Charlotte to get out of high tax states and to be closer to their operational centers/largest employment hubs/where their executive staff live.  Charlotte also flirts with Wells Fargo and TIAA, but nothing ever comes of either courtship.

-BMW and Daimler Trucks both establish their NA HQs in the Charlotte area.

-The local fathers take up the Asheville-Charlotte-Wilmington Interstate cause and help get the corridor designated as the I-32/Future I-32 (or I-34/Future 34) corridor.

-British Airways returns to Charlotte, taking over one of the American flights to Heathrow.  The beautiful Speedbird 777s finally reappear in Charlotte after a more than two-decade hiatus.

-Charlotte lands a flight to Tokyo via Japan Airlines.  The flight is operated with a 787.

-Lufthansa is still flying to Munich on the A350.

-American returns to South America with a year-round flight to Bogota and a winter seasonal to Rio de Janeiro for Carnival.  The flights are operated with an A320 and A330-200 respectively.

-CLT lands the third Amazon Air hub after Cincinatti and Fort Worth Alliance with 25-30 Prime Air flights per day. Their ramp and sorting facilities are constructed near their mega warehouse.

-CLT establishes itself as a major international air cargo point of entry like Columbus Rickenbacker airport. Cathay Pacific cargo, Lufthansa cargo, IAG cargo, Icelandair cargo, Cargolux, Kalitta Air, Qatar cargo, and Atlas cargo (the 747s) all make routine scheduled appearances at the airport.

-E-Commerce, Pharmaceuticals manufacturing, apparel, and cold goods logistics become major players in the local economy due to the new interstate, the growth in air cargo, and the intermodal yards.  Because of all this UPS decides to build its first combined mechanized air/ground/rail hub at the airport.

-CLT gets a major OEM aircraft manufacturer to establish a final assembly plant on grounds.

Edit: most of the above is more wishlist than prediction, but some of these things I do believe have a legitimate chance of happening.

Edited December 25, 2018 by cltbwimob

[DMann]

OK, Let's get it done!

[atlrvr]

On 12/17/2018 at 7:48 PM, ricky_davis_fan_21 said:

 

I assume your talking about Harris land company behind Tupelo Honey. I hadn’t factored that in. 100k sq feet office, 20k retail it’s been getting kicked around for a few years. I believe it was linked to a suburban relocation a year or so ago, but haven’t heard much since.

 

East Blvd and Rail Trail frontages...

[midtownclt]

My wish list for the new year:  1) Someone (smarter than me) can update Skyscraperpage.com - some buildings are missing from the diagram, some from the proposed list,  under construction list, etc...,

2) Bank of America will re-light the lower tiers of the building that have been out a few weeks of so, 3) Catalyst tower will re-light the top of their building (been out for several years now), and

4) Bank of America building next to the Ritz would get some better accent lighting for the trees on varoious floors in the corners of the building and something to replace what looks like construction lighting on the top floor of the building.

 

[Tyrone Wiggum]

On 12/24/2018 at 7:45 PM, cltbwimob said:

-The local fathers take up the Asheville-Charlotte-Wilmington Interstate cause and help get the corridor designated as the I-32/Future I-32 (or I-34/Future 34) corridor.

Huh?

We've already got an "interstate" running between charlotte and wilmington; it's called I-74, and if it were to bypass marshville and wadesboro we'd be in pretty good shape eastbound.  As far as CLT/AVL, there's not a compelling reason - at least to my mind - to build a freeway when 85/321/40 works pretty darn well and also let's me run up to Bo-one when the final upgrades are made.

 

[southslider]

1 hour ago, Tyrone Wiggum said:

Huh?

We've already got an "interstate" running between charlotte and wilmington; it's called I-74, and if it were to bypass marshville and wadesboro we'd be in pretty good shape eastbound.

 

I-74 turns off US-74 at Wadesboro following I-73 via Asheboro, then splitting off around High Point to Winston and Mt Airy.  I-74 completely avoids Charlotte.

[11 HouseBZ]

Being that I don't really have much to offer in the way of development news, I can't make very educated predictions. But I'll give one I feel good about. 

1.) KJHBURG hits 40,000 likes. Let's make this happen people. 

[Scribe]

With the Monroe Bypass in place, the only real remaining obstacle from Charlotte to Wilmington is Wadesboro... east of Rockingham it's already smooth sailing.

Marshville/Peachland/Polkton are manageable (still can be PITA with the local cops and speed traps).

[cltbwimob]

2 hours ago, Tyrone Wiggum said:

Huh?

We've already got an "interstate" running between charlotte and wilmington; it's called I-74, and if it were to bypass marshville and wadesboro we'd be in pretty good shape eastbound.  As far as CLT/AVL, there's not a compelling reason - at least to my mind - to build a freeway when 85/321/40 works pretty darn well and also let's me run up to Bo-one when the final upgrades are made.

 

I-74/future 74 doesn’t come within 60 miles of Charlotte.

US-74 is not an interstate, and some sections of the road are pretty terrible.  US-74 will be a freeway between 85 and 26 and parts of it will be built to interstate standards but there are no funded plans at the moment to upgrade the whole thing to interstate standards and there are no concrete plans to seek a designation.  

Between Marshville and Rockingham, the future of the road is even less certain for a number of reasons.  

The value of an interstate designation reaches far beyond what kind of traffic flows it can manage.  Because interstate designations mean something in terms of quality and safety, they are more valuable than a US highway with a patchwork of bypass sections and stop and go sections.  Even if US-74 was a freeway for its entire length, it still would not be as valuable as it would be if it carried an interstate designation.  

Several of the towns along the route on both the east and the west portions of the corridor have already signed resolutions in support of the corridor being upgraded to an interstate, and Robert Pittenger, before he lost his primary for the NC9 was spearheading an effort to get it designated as such.  Furthermore economic development professionals, especially in rural towns will tell you that one of the most important things for their economic success is close proximity to an interstate.  With so many Tier 3 counties along the US-74 route and with it serving as the route between the state’s largest city (and by far it’s largest export market) and the state’s largest port, my guess is that upgrading the Asheville-CLT-Wilmington corridor to an interstate would be probably the single biggest economic win that state leaders could hope for.

Edited December 26, 2018 by cltbwimob

[videtur quam contuor]

I was in Pinehurst a few days ago and went via bypass and it was smo-o-o-o-th sailing the whole way except for Wadesboro and traffic there was not wearisome as sometimes occurs on summer weekends. From the Carolina Inn to My central Charlotte location was two hours, dead. Bypass was lightly traveled but enforced. Keep aware.

My prediction is that more people will discover this route.