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The High Point Market has been noted for being a significant part of the region's furniture business cluster, which was discussed by urbanist Richard Florida [10] and initially by economist Michael Porter. [11] The High Point Market's relationship to downtown High Point is the focus of the book "Showroom City" by urban sociologist John Joe ...
Meanwhile, the High Point Market continued to set furniture trends and to be a national economic indicator; the $5 billion in sales in 1947 after World War II forecast a postwar boom. [28] The 1950s' growth of the furniture market mirrored that of High Point's second population boom from 39,973 in 1950 to 62,063 in 1960. [27]
Also in 2010, the High Point holdings of Merchandise Mart Properties went into receivership. [21] High Point Acquisition Co. bought the properties in 2011, including Market Square and National Furniture Mart, for $139.5 million. The deal represented 2.1 million square feet of space. [22] [23]
Feb. 25—HIGH POINT — Office furniture-maker Haworth has closed its longtime seating manufacturing facility in High Point. Julie Smith, spokeswoman for the Holland, Michigan-based company, said ...
A bankruptcy filing on December 12, 2014, showed United Furniture Industries won the bidding for the 475,000-square-foot Lane Furniture plant in Tupelo. [ 10 ] In April 2015, the company began $2.7 million in improvements on a 70,000-square-foot showroom built in the 1990s for Drexel-Heritage, and later used by Henredon, Maitland-Smith and La ...
According to Realtor.com, there are currently 3,452 properties listed for sale in Colorado Springs, the average of which spends 65 days on the market before selling. Currently, the median home ...
Accessed February 13, 2025. Economic, Housing and Mortgage Market Outlook – January 2025, Freddie Mac. Accessed January 30, 2025. Primary Mortgage Market Survey, Freddie Mac. Accessed February 7 ...
As of 2005, according to the Convention and Visitors Bureau, 200,000 people came to High Point each year to buy furniture, from locations as far away as Chicago. The High Point Market has many locations in downtown High Point, but they are not open to consumers. People coming to High Point to shop for furniture have a difficult time finding a ...
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