Construction News In Charlotte NC - Projects And Updates

Business News

Charlotte’s Economic Landscape Transformed by $51 Million Amazon Fulfillment Center Acquisition

Charlotte Welcomes a New Player with a Huge Industrial Acquisition! Charlotte, the colorful city known for its vibrant stories and bustling economy, just got some exciting news! Texas-based real estate investment firm Stonelake Capital Partners has made a splash in the local market by acquiring a massive industrial facility. This new addition to Charlotte’s landscape is a 402,390-square-foot fulfillment center, fully occupied by none other than Amazon.com Inc.. Yes, you

November 25, 2024 No Comments

Business News

Exciting Developments Unfold in Charlotte with the Launch of Affordable Housing at Eastland Yards

Exciting Developments on the Horizon in Charlotte CHARLOTTE — After years of hard work and planning, a brand new chapter is unfolding in east Charlotte with the opening of a key part of the Eastland Yards development. This milestone is particularly exciting as it marks the beginning of efforts to create affordable housing for those aged 55 and older in the community. And let’s be honest, this is a big

November 21, 2024 No Comments

Business News

Charlotte Housing Market Defies Logic with Rising Prices Amid Housing Surplus

Charlotte Housing Market: Prices Keep Climbing Despite Surplus In a surprising twist, Charlotte’s housing market continues to dance upward, even with a significant boost in home supply. A recent study from UNC Charlotte serves up some eye-popping insights about the local real estate scene, revealing a 5,000-home surplus last year, yet the median prices still soared. The Rising Tide of Home Prices The study’s findings are nothing short of astonishing.

November 21, 2024 No Comments

Business News

Charlotte’s Housing Crisis: Business Leaders Demand Regulation Reforms for Construction Improvements

Charlotte’s Construction Woes: Leaders Call for Change Charlotte, known for its bustling economy and vibrant community, is currently facing some growing pains when it comes to construction and housing. A recent panel discussion revealed that local government regulations are not just slowing down construction projects, but also driving up the costs of housing. Yes, you heard that right! While the city has made strides in updating its development rules, business

November 21, 2024 No Comments

Business News

Charlotte’s Rail Trail Bridge Project Advances Toward Construction, Aiming for Late 2027 Completion

Charlotte’s Rail Trail Bridge Project Inches Closer to Reality Exciting news is buzzing around Charlotte! After many years of back and forth, the long-awaited pedestrian bridge over Interstate 277 is finally moving forward. Touted as the Rail Trail Bridge, this ambitious project has a price tag of $17.6 million and is now out for contractor bids. With hopes to open its doors to residents by late 2027, it’s a significant

November 21, 2024 No Comments

Business News

Exciting Development on the Horizon: Tega Cay to Unveil New Main Street Area with Shops, Homes, and Jobs

Exciting Changes Coming to Tega Cay: A New Main Street Area! Hey there, Tega Cay residents! If you’ve been waiting for some big news about our lovely city, you’re in for a treat. This spring, Tega Cay will kick off a massive development project that promises to transform the way we live, work, and play. It’s called Main Street Tega Cay, and it’s going to be quite the addition to

November 20, 2024 No Comments

Business News

Exciting Times in Charlotte: New Developments, Booming Job Market, and Thriving Entertainment Scene

Exciting Times in Charlotte: A City on the Move! Hey there, Charlotte! Today is a beautiful Wednesday, November 20, 2024, and there’s a lot happening in our vibrant city! Whether you’re grabbing a coffee at your local café or heading to the office, let’s dive into what’s buzzing in the Queen City. New Developments Sprouting Up First up, you might want to keep your eyes peeled for the latest in

November 20, 2024 No Comments

Business News

Uptown Charlotte Office Tower 550 South to Undergo Major Renovation and Transformation

Uptown Charlotte Office Tower Set for Major Overhaul! Charlotte is buzzing with excitement as 550 South, a prominent office tower situated in the heart of the city, gears up for a remarkable transformation! That’s right! This 15-year-old building is about to get a significant facelift, courtesy of Cousins Properties, a well-known name in the commercial real estate world. What’s in Store for the Building? So, what can we expect from

November 20, 2024 No Comments

Business News

Exciting Mixed-Use Development Approved for South Charlotte Neighborhood

Exciting Development Coming to Charlotte: Mixed-Use Project on the Way! CHARLOTTE, N.C. — Big news for those living in and around the bustling south side of Charlotte! During a recent City Council meeting, city leaders gave the green light to a mixed-use project that’s set to bring some significant changes to the corner of Selwyn Avenue and Park Road. The vote was unanimous, and you could feel the excitement in

November 19, 2024 No Comments

Business News

Charlotte Faces Office Space Crisis with 13.8 Million Square Feet Vacant

Charlotte’s Office Space Dilemma: A Growing Challenge Oh, Charlotte, what’s happening to your office space? While the Queen City has always prided itself on its bustling business environment, recent statistics reveal a troubling trend. Right now, over 13.8 million square feet of office space in Charlotte is sitting empty—this amount represents a hefty revenue loss of $462.2 million. Ouch! The Bigger Picture But it’s not just Charlotte feeling this pinch.

November 19, 2024 No Comments

Category: Construction