By GARY ROBERTS – Staff Writer – Charlotte Sun
MURDOCK – As the final closing date approaches for the Murdock Village property, the developer is moving forward with plans to transform the vacant land into a masterplanned community with all the amenities demanded by today’s homeowners.
Donald Schrotenboer, Private Equity Group president and CEO, said his company has completed its engineering of the 450-acre site for water management, is in the midst of transportation- impact and wetlands studies, and has already begun to assess the property’s marketing potential.
“We did not tie up the land just to sit on it,” he said.