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Category: Real Estate & Properties

Bank Expansion Announcement
Business News

Huntington National Bank to Open 55 New Branches in the Carolinas by 2029, Creating Over 350 Jobs

Exciting Expansion in the Carolinas: Huntington National Bank Plans 55 New Branches Charlotte, NC – Big news is coming to the Carolinas as Huntington National Bank, a well-respected bank hailing from Columbus, Ohio, announces plans to open 55 new branches across North and South Carolina by 2029. This expansion is set to boost the local economy not only by enhancing banking services but also by creating over 350 jobs in

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Community Celebration Event
Business News

Charlotte Secures $17 Million Grant from Knight Foundation for Community Growth and Development

Charlotte Receives $17 Million for Community and Economic Development In an exciting turn of events for the city of Charlotte, three local organizations are set to receive a whopping $17 million grant from the national nonprofit Knight Foundation. This generous funding aims to boost economic growth, enhance culture, and foster community connections throughout the city. The announcement was made during a festive community celebration at the Mint Museum, bringing everyone

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Affordable townhome community.
Business News

US Homebuyers Struggle to Afford Starter Homes in Charlotte as Prices Soar

Report: US Homebuyers Must Earn $80K to Afford a Starter Home in 2024 CHARLOTTE, N.C. – The dream of owning a starter home continues to evade many potential homebuyers in Charlotte, with soaring costs and changing market dynamics shaping the real estate landscape. As of July, the average cost of a starter home in the region is approximately $260,000, escalating to the point where buyers now need to earn around

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Transportation Investment Decision-making
Business News

Charlotte Leaders Consider Major Investment for Red Line Train Project

Charlotte Leaders Consider Major Investment for Red Line Train Project CHARLOTTE, N.C. – The future of transportation in Charlotte hangs in the balance as city leaders prepare to vote on a significant investment in the long-anticipated Red Line train project. A decision is set to be made on September 3 regarding the allocation of $92 million, intended to get this essential rail service off the ground. Investment Breakdown The proposed

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Luxury Lakefront Mansion Exterior.
Business News

Record-Breaking Lakefront Home Sold in Cornelius, NC for $11.5 Million

Record-Breaking Lakefront Home Sold in Cornelius, NC for $11.5 Million CORNELIUS, N.C. — A stunning home with dual lakefront views has broken records this month, selling for $11.5 million in Cornelius, North Carolina. This extraordinary property on Belle Isle Drive boasts mesmerizing views of Lake Norman, both from the front and back of the house. Details of the Dream Home According to reports from the real estate company, the sale

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"City commuting revolutionized."
Business News

Progress on Red Line as Charlotte Readies Acquisition of Norfolk Southern’s O Line

Progress on Red Line as Charlotte Readies Acquisition of Norfolk Southern’s O Line Exciting Developments in Charlotte Charlotte is making significant strides on the Red Line project, with plans set to solidify the acquisition of Norfolk Southern’s underutilized rail line. The city’s leadership is optimistic as the Charlotte City Council aims to finalize the deal by September 2024. This acquisition is a major step forward in a long-term initiative that

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Economic diversity in Charlotte.
Agriculture

Charlotte Residents Discuss Economic Development

Charlotte Residents Discuss Economic Development Residents of Charlotte, North Carolina, have voiced their concerns regarding economic growth and the inclusion of Black-owned businesses in city development plans. These discussions were a crucial part of the Sarah Stevenson Tuesday Forum that took place on July 9. The economic rise of Charlotte With significant growth in recent years, Charlotte is poised to continue its economic development journey. Proposed plans highlight a $650

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Pizza feast celebration.
Business News

Empire Pizza expands with new Charlotte location

Empire Pizza expands with new Charlotte location CHARLOTTE, N.C. – Local pizza lovers are in for a twist of flavours as Empire Pizza opens its doors to another vibrant location. Nestled at 8500 Pineville-Matthews Rd., the latest launch marks it as the sixth expansion of the South Carolina-based pizza franchise. Grand Opening on July 10 Feeling the excitement bubbling up among pizza devotees, Empire Pizza is putting together a grand

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Townhome construction boom aerial
Business News

Charlotte Sees Surge in Townhome Construction, Decline in Single-Family Homes

Charlotte Sees Surge in Townhome Construction, Decline in Single-Family Homes In a significant shift in the Charlotte housing market, new townhomes have surpassed single-family homes in Mecklenburg County, marking a notable trend in the type of housing being built in the area. Changing Landscape According to data from local builders and land brokers, the number of building permits issued for townhomes exceeded those for single-family detached homes in 2023. This

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Local news website unavailability
Business News

Residents in Charlotte Facing Difficulty Accessing Local News Website

Charlotte Residents in Charlotte Can No Longer Access WSOC TV Website Charlotte residents attempting to visit the popular WSOC TV website have recently been met with a disappointing message. The website, known for providing local news, entertainment, and community updates, is now unavailable in the city. Visitors to the site from Charlotte are currently facing an “Error 451” message, indicating that access cannot be granted from their location. Reason for

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