Category: Business News

Stay informed about the business scene in Charlotte, NC. Our coverage includes updates on the local economy, industry trends, and major business developments. Discover new startups, market shifts, and economic policies that impact local businesses and the community.

Solar Panels Community Initiative

Business News

Charlotte Secures $777,930 Grant to Enhance Renewable Energy Through Solarize Program

Charlotte Rocks Renewable Energy Scene with New Grant! Charlotte, N.C. is buzzing with excitement as the city has just been announced as a recipient of a significant grant from the U.S. Department of Energy! This funding is part of the Energy Efficiency and Conservation Block Grant (EECBG) Program, backed by none other than the Biden-Harris Administration through their Bipartisan Infrastructure Law. Talk about a big win for the community! What’s

September 25, 2024 No Comments

Community Growth Celebration

Business News

Excitement Builds in Charlotte as West Boulevard Extension Opens, Paving the Way for the River District’s Growth

Excitement Builds in Charlotte as West Boulevard Extension Opens Today marks an important milestone for the city of Charlotte as the West Boulevard Extension is officially open! This new four-lane roadway connects to the developing River District, a large 1,400-acre project that promises to transform the area in the coming years. A Celebration of Community and Growth In a cheerful and energetic ribbon-cutting ceremony, Crescent Communities, along with Charlotte’s Mayor

September 25, 2024 No Comments

"Sold Sign Success"

Business News

Charlotte’s Housing Market Booms as Homes Sell Faster Amid Interest Rate Speculations

Charlotte’s Housing Market: Homes Selling Fast Amid Interest Rate Talks Charlotte, known for its southern charm and bustling economy, is witnessing a thrilling chapter in its housing market. As speculation surrounds anticipated interest rate cuts from the Federal Reserve, one thing is clear: homes are flying off the market quicker than ever in certain ZIP codes. Let’s dive into what’s happening! Fast-Selling ZIP Codes in Charlotte According to recent data

September 24, 2024 No Comments

Commercial Real Estate Growth

Business News

Brett Gray Joins CBRE as Senior Managing Director, Shaping Charlotte’s Commercial Real Estate Future

Big Changes in Charlotte’s Commercial Real Estate Scene Bright and bustling Charlotte is about to welcome a significant player in the commercial real estate market this fall. Brett Gray, a familiar name in the city’s real estate circles, is set to join CBRE, where he’ll take on the role of senior managing director and market leader starting in November. This transition is generating a lot of buzz in the real

September 24, 2024 No Comments

Airport runway construction

Business News

Charlotte Airport Receives $290 Million for New Runway Project to Boost Capacity and Efficiency

Charlotte’s Airport Set to Soar Higher with New Runway Funding Charlotte, N.C. is buzzing with excitement as the Federal Aviation Administration (FAA) has just announced a massive commitment to the future of air travel in the region. A whopping $290 million has been allocated for the much-anticipated Fourth Parallel Runway project, a key initiative identified in the airport’s 2016 Master Plan Update. This project aims to address the airport’s current

September 24, 2024 No Comments

Traffic Jam Commute

Business News

Commuting in Charlotte: Balancing Convenience and Cost Challenges

Commuting in Charlotte: A Mixed Bag of Convenience and Cost If you live in Charlotte, you probably have a love-hate relationship with your daily commute. While some cities across the nation boast faster, cheaper, and more eco-friendly rides to work, Charlotte sits in the middle of the pack. So, how does the Queen City stack up against others when it comes to commuting? The Commute Landscape According to a recent

September 24, 2024 No Comments

Interest Rate Impact

Business News

Charlotte’s Commercial Real Estate Market Braces for Impact Following Federal Reserve Rate Cut

Charlotte’s Commercial Real Estate Market Reacts to Fed’s Rate Cut Hey there, residents of Charlotte! Last week brought some intriguing news for our city’s commercial real estate market: the Federal Reserve decided to cut interest rates for the first time in over two years! This announcement was made on September 18, and while it might sound like a big deal, experts here in Charlotte say we shouldn’t expect immediate fireworks

September 24, 2024 No Comments

Education Leadership Salaries

Business News

Charlotte-Mecklenburg Schools: Examining Executive Salaries Amid Educational Challenges

Charlotte’s Education Leaders: A Closer Look at Top Salaries Charlotte, the Queen City of North Carolina, is no stranger to educational challenges, particularly in its public school system. Recently, there has been a push for transparency regarding how taxpayer dollars are spent within the Charlotte-Mecklenburg Schools (CMS). In line with this initiative, information about the salaries of the top twenty highest-paid employees has been brought to light. Why It Matters

September 24, 2024 No Comments

Sustainable Urban Farming

Agriculture

Charlotte’s DeepRoots CPS Farm Expands to 44 Acres, Championing Sustainable Agriculture and Community Access

Charlotte’s Blooming Farming Scene: DeepRoots CPS Farm Expands to Promote Sustainable Agriculture In the heart of bustling Charlotte, one small urban farm is about to embark on a big journey. DeepRoots CPS Farm, a premier Black-owned urban farm, is expanding its horizons beyond its current nearly 7-acre plot on Primm Road. With a vision of sustainability, community engagement, and access to fresh food, the farm is set to grow a

September 24, 2024 No Comments

Food hall celebration scene

Business News

Charlotte’s Optimist Hall Marks Five Years of Culinary Success and Community Spirit

Charlotte Celebrates Five Years of Culinary Delight at Optimist Hall Charlotte, it’s time to raise our glasses and plates as Optimist Hall has officially turned the big five! Situated in a beautifully revamped 1892 cotton textile mill, this unique food hall is a vibrant beacon of the city’s culinary scene, marking its fifth anniversary this past August. Talk about a milestone in Charlotte time! When it first opened its doors

September 23, 2024 No Comments