Luxury Home Builder To Shut Down

Simonini Builders of Charlotte, NC announced that it would discontinue its home building and renovating operations.

September 18, 2010

Simonini Builders of Charlotte, NC announced that it would discontinue its home building and renovating operations. The company built luxury homes and has been entrenched in the market since the early 1990s.

The high-end home building company had been based in Charlotte for 16 years, building more than 700 homes around the city priced from $475,000 to $6 million. Simonini plans to finish 14 homes under construction, sell 21 in its inventory and finish all renovation jobs. The company gave no indication what will happen to dozens of open plots.

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