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

Busy street in Charlotte with traffic congestion and construction activity

Community

Charlotteans Dream of Less Traffic by 2025

News Summary A new survey reveals Charlotte residents are eager for fewer traffic jams and construction projects in the city. With ambitious plans underway, including NCDOT’s I-77 toll lane expansion and upcoming airport taxiway construction, locals hope for a smoother commute by 2025. Concerns also arise over an influx of new apartments and restaurants, reflecting a need for balance in the city’s growth amidst the rising traffic challenges. Charlotteans Dreaming

January 6, 2025 No Comments