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Construction

Stay updated with the latest developments in Charlotte NC Construction, your comprehensive source for news related to the dynamic construction industry in the Charlotte area. This category covers a wide range of topics, including new residential and commercial projects, infrastructure improvements, zoning changes, and industry trends impacting the local economy. Discover insights into major construction contracts, innovative building techniques, and sustainable practices that are shaping the future of Charlotte. Local government initiatives and policies affecting construction will also be highlighted to keep you informed about how regulations might impact both developers and residents.

Explore in-depth articles featuring interviews with prominent construction firms, architects, and city planners who are pivotal in transforming the Charlotte skyline. This page will also provide updates on job opportunities in construction, networking events, and trade shows relevant to industry professionals. Whether you’re a contractor, a homeowner, or simply interested in the growth of Charlotte, this category is your go-to destination for reliable and timely information on Charlotte NC Construction. Join us as we delve into the projects and stories that will define the city’s landscape for years to come.

The Airedale luxury apartments in Charlotte with modern design.
Business News

Toll Brothers to Develop Luxury Rental Community in Charlotte

News Summary Toll Brothers Apartment Living partners with International Capital to develop The Airedale, a luxury multifamily rental community in Charlotte, NC. Featuring 348 modern apartments, the project includes state-of-the-art amenities like smart home technology and a resort-style swimming pool. With a $56.8 million construction loan from TD Bank, Toll Brothers aims to enhance housing options in the expanding Steele Creek area, strategically located near shopping centers and major highways.

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Proposed design for a community grocery co-op in Charlotte
Business News

Three Sisters Market Faces Funding Challenges in Charlotte

News Summary The Three Sisters Market initiative in Charlotte’s West Boulevard corridor is stalled due to funding issues, with only one-third of the required $15 million secured. The project, aimed at providing fresh foods and addressing food access disparities, has gained community support but must navigate significant financial hurdles before construction can begin. The coalition is exploring various avenues to raise the necessary funds to fulfill the project’s vision of

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New TMG Industrial warehouse in Charlotte, NC
Business News

TMG Industrial to Open New Warehouse in Charlotte

News Summary TMG Industrial has announced the opening of a new warehouse in Charlotte, North Carolina, set to operate in May 2025. This facility will enhance distribution capabilities, enabling improved fulfillment and customer service across the eastern and southern United States. Average fulfillment times are expected to drop to three business days, solidifying TMG Industrial’s commitment to operational excellence. Furthermore, this move supports future expansion plans, including a distribution center

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Helicopters installing Wells Fargo letters on a tower in Charlotte
Business News

Wells Fargo Unveils New Signage in Charlotte

News Summary Wells Fargo has marked a significant milestone by installing 14-foot letters on its tower in Charlotte. The installation, which utilized helicopters, enhances the city’s skyline and reinforces Wells Fargo’s presence. Despite previous delays, the project received approval from local authorities and was executed safely, temporarily closing nearby streets. The bank’s investment in the city reflects its dedication to community growth and employment, with plans for further enhancements to

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Exterior of 110 East office tower in Charlotte, North Carolina
Business News

Coinbase Expands Office Presence in Charlotte

News Summary Coinbase has signed a lease for 58,600 square feet at the 110 East office tower in Charlotte, marking a significant expansion. The move focuses on compliance and customer support roles, creating over 130 new jobs in the area. This shift contributes to a positive trend in the local office market, as the 110 East building continues to attract tenants amid a rising office vacancy rate. Charlotte, North Carolina

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Rendering of the proposed Cornelius Business Park with surrounding green spaces.
Business News

Local Resistance Grows Against Proposed Business Park in Cornelius

News Summary Plans to establish the Cornelius Business Park are being met with significant opposition from local residents, mainly due to concerns over increased traffic and community impact. The proposed development by Greenberg Gibbons Properties is expected to create hundreds of jobs and generate tax revenue, but nearby community members worry about heavy vehicle traffic and infrastructure strain, particularly near schools. A public vote on the rezoning is scheduled for

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Multifamily apartment complex in Charlotte NC
Business News

Charlotte’s Real Estate Boom: The Mill Project Secures $48 Million

News Summary Charlotte, North Carolina experiences a significant boost in its real estate sector as Capital City Real Estate and Pennington Real Estate Partners secure $48 million for ‘The Mill’, a new multifamily project featuring 281 Class A apartments. Located in an opportunity zone near the Sugar Creek Blue Line LYNX Station, this development aims to meet the city’s rising housing demand amidst evolving market conditions and planned amenities, such

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New apartments in Charlotte skyline
Business News

Charlotte Sees Decline in Rent Prices Amid New Apartment Boom

News Summary Charlotte has experienced a decline in rent prices as new apartments become available, according to the Zumper Charlotte Metro Area Report. The median rent for a one-bedroom apartment was reported at $1,177, showing a 2% decrease compared to last year. This change is likely due to the increasing number of rental units, which has lowered the median rent per square foot to $1.60. While rents are more affordable

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Rendering of the proposed Cornelius Business Park featuring green spaces and recreational amenities.
Business News

Cornelius Planning Board Approves 36-Acre Business Park

News Summary The Cornelius Planning Board has approved a developer’s plan for a 36-acre business park on Bailey Road, despite resident concerns regarding traffic congestion. The project, aimed at creating jobs and public amenities, includes plans for four buildings, a vegetative buffer, and road improvements. Community members have raised concerns about the impact of increased traffic, especially during peak school times. The recommendation now moves to the Cornelius Board of

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Modern office building in Charlotte, NC with busy workplace activity.
Business News

Charlotte’s Office Market Shows Signs of Recovery

News Summary Charlotte, North Carolina’s office market is recovering as hiring in key sectors boosts demand for office space. In Q1 2025, the net absorption reached 428,289 square feet, supported by significant relocations and decreasing vacancy rates. Despite challenges from the pandemic, the Central Business District shows increased occupancy rates. City officials are considering strategies to tackle high vacancy rates in older buildings, potentially revitalizing the market further. Overall, a

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