JUST ANNOUNCED! For a few years there has been talk about a new commercial development on the corner of Highway 521 and Providence Rd West, across from Publix and Walgreens. Site work has now begun! York Development Group’s newest project, currently being called Colinayre, will feature The Bank of North Carolina, along with a hotel, retail, and office space. The site will include two 60,000 square-foot buildings and up to 120,000 square feet of office space. Matthews-based OHM Hotels announced their plans to put a limited-service hotel on the site. Construction is to begin October 2015 and is to be finished fall of 2016.