Texas company seeks big leap with really large N.C. solar project

Texas solar developer Principal Solar Inc. says it will soon close on financing for a $173 million, 78.5-megawatt solar project it plans to build in Hope Mills, N.C.

The would be the biggest solar farm west of the Rockies. It will also mark a huge jump for Principal Solar. The company has so far built 3.5 megawatts of solar capacity in three projects in Tennessee, Massachusetts and Maine. The Hope Mills project would be more than 30 times the size of Principal’s largest project on the ground.

CEO…

Woolbright sells Coral Springs shopping center for $27M after redevelopment

After a long saga that saw it resolve a foreclosure lawsuit, Woolbright Development finally sold a Coral Springs shopping center at a premium to its original price.

Woolbright Coral Springs II, an affiliate of the Boca Raton-based developer, sold the property at 560 to 630 Riverside Drive near the Coral Square Mall for $27.4 million to Cascades Venture. The Coral Gables-based buyer, which is managed by Jose Torbay, obtained a 10-year, $17.81 million mortgage from Mercantil Commercebank.

In 2012,…

The BBJ's Five Things: Boston 2024 hires; Synta fires; Globe makes deal; a building with Greenway appeal

Good morning, Boston! Here are five important things you need to know to help start your busy business day:

Boston 2024 builds out team

Boston 2024, the organizing entity in charge of Boston’s Summer Olympics bid, continues to build out its executive staff with seasoned political hands. As the BBJ’s Catherine Carlock reports, Joseph Rull has joined the nonprofit after most recently serving as chief of operations and administration for Boston Mayor Martin J. Walsh. In that role, Rull oversaw six…

Millennial small business owners advocate for Schenectady

Evan Euripidou has a long list of reasons millennials should come to Schenectady: Phenomenal restaurants, a wide variety of arts and entertainment offerings, a storied history and a diverse culture.

Euripidou, owner of Anthology Studio, a floral and event design company, is part of a new group in the city working to bring more millennials into the city and involve them in Schenectady’s resurgence.

“We want to see Schenectady come back and be a part of that,” Euripidou says.”It’s on the edge of…

MainStreet Coconut Creek could get another 225 units, commercial space

A developer wants to add more homes and commercial space to MainStreet section of Coconut Creek.

MainStreet is a mostly vacant section of the city that was rezoned for mixed-use development. So far, the Promenade open-air lifestyle center and the Seminole Casino Coconut Creek have been built there.

Now Elster/Rocatica LLC wants to build 225 mid-rise units and 50,000 square feet of commercial space at 3801 and 3850 Lyons Road. That request will go before the Broward County Commission on Feb. 10.

The…