Affordable housing development in Charlotte

Business News

Charlotte Welcomes New Affordable Housing Development

News Summary Charlotte is taking significant steps to address its housing crisis with the recent opening of the Residences at Cedar Creek, which provides 200 affordable housing units. Located near I-77, this new complex aims to support residents earning between 30% and 80% of the Area Median Income. City leaders emphasize the ongoing need for affordable housing to retain essential workforce talent, while residents like Gwendolyn Twiggs share heartfelt stories

January 16, 2025 No Comments

New apartment buildings in Charlotte cityscape

Business News

Charlotte’s Apartment Market Shifts with New Developments

News Summary Charlotte’s apartment market is experiencing a notable shift due to a recent construction boom, making it easier for residents to find rental options. With around 15,000 new units added this year, renters face less competition, resulting in a slight dip in rental prices. However, concerns linger about the sustainability of this trend as experts warn that the current vacancy rate may not remain high as new developments slow

January 15, 2025 No Comments

A bustling sports lounge with large screens and cheering fans

Business News

New Sports Lounge Opening in South End, Charlotte

News Summary Blinders, a brand-new sports lounge, is set to open in South End, Charlotte this spring. It promises a unique experience combining a Las Vegas-style sportsbook, a lively sports bar, and a chic cocktail lounge, all centered around the largest sports viewing screen on the East Coast. With competitive cocktail prices, a vibrant atmosphere, and a community-focused design, Blinders is designed to elevate the game-watching experience for sports enthusiasts

January 15, 2025 No Comments

Image of Whataburger restaurant exterior in Charlotte

Business News

Whataburger Set to Open First Location in Charlotte

News Summary Fans of Whataburger in Charlotte, North Carolina can finally rejoice as the beloved Texas burger joint is opening its first location in the city. With a building permit officially submitted for the restaurant on Albemarle Road, residents are excited for the mouth-watering burgers and 24-hour service that Whataburger offers. The development, part of Clear Creek Crossings, is expected to not only bring delicious food but also additional retail

December 26, 2024 No Comments

Business News

Costco Announces New Store Opening in Indian Land, South Carolina by Late 2025

Exciting News for Indian Land: Costco is Coming! Hold onto your shopping carts, folks! Indian Land, a charming area in South Carolina, is about to become even more shopper-friendly with the arrival of a new Costco store! The popular retailer has just made waves by purchasing a whopping 27.9 acres for approximately $6.4 million. This prime piece of land is situated on Charlotte Highway, inside the mixed-use development known as

December 20, 2024 No Comments

Business News

Wesley Chapel’s New Publix Store Set to Boost Grocery Competition in Charlotte Area

Wesley Chapel Welcomes New Publix Store as Grocery Competition Heats Up Hey there, Wesley Chapel! Exciting news is on the horizon for local grocery shoppers because Publix Super Market is gearing up to open its third store right here in Union County. That’s right! On the southeast corner of Weddington and Waxhaw Indian Trail roads, this grocery giant is set to add a 50,325-square-foot store to its impressive lineup. What

December 19, 2024 No Comments

Business News

Major Development Project Set to Transform South Charlotte with New Housing and Retail Options

Exciting New Developments Coming to South Charlotte! Charlotte residents are buzzing with excitement following a recent announcement that promises to transform the area with a host of new retail, dining, and housing options. Yes, you heard it right! The Charlotte City Council has given a big thumbs up to a rezoning request that covers a whopping 115 acres at the intersection of Providence and Old Providence Roads—and it has residents

December 19, 2024 No Comments

Business News

Charlotte’s Construction Scene: A Temporary Slowdown with Promising Signs Ahead

Charlotte: A Shifting Sky of Construction Hey there, Charlotte residents! If you’ve noticed that the skyline isn’t dotted with as many cranes as it used to be, you’re not alone. It seems our fair city is taking a little break from the construction frenzy that had it buzzing in the previous years. But don’t worry! We might see that energy returning as we head into 2025. What’s Happening in Construction?

December 18, 2024 No Comments

Business News

Charlotte Welcomes Dole Food Company’s New Headquarters with Expansion and Community Commitment

Charlotte Welcomes Dole Food Company’s New Headquarters Exciting news is steaming out of Charlotte, as Dole Food Company prepares to make a big move this summer! The iconic fruit and vegetable corporation, which has its roots in both Charlotte and Ireland, is relocating its American headquarters to the One South building at 101 S. Tryon next year. The buzz was confirmed in a recent news release issued by One South.

December 18, 2024 No Comments

Business News

Charlotte’s Apartment Market Sees Record-Breaking Developments Amid Rising Vacancy Rates

Charlotte’s Apartment Market: A Twist of Trends as the Year Wraps Up! As the sun sets on another year, Charlotte finds itself navigating an intriguing landscape in the apartment rental market. With vacancy rates soaring to about 12.7% at the beginning of December, it seems like the city is swimming against the tide. But hold on! These numbers reveal a tale of record-breaking apartment units, strong leasing activity, and a

December 18, 2024 No Comments

Category: Construction