Charlotte Business News
BUSINESS NEWS
Settlement Reached in North Carolina’s Rental Pricing Controversy
News Summary Cortland Management has reached a settlement with North Carolina’s Attorney General over allegations of using software to inflate rent prices. The company will cease using RealPage’s software and...
Charlotte’s Urban Core Transformation: A City on the Rise
News Summary Charlotte is experiencing a significant transformation in its urban core, with new developments and businesses emerging along South Tryon and South College Streets. High-profile projects like Duke Energy...
Charlotte Housing Market Stabilizes in 2025
News Summary The Charlotte housing market is showing positive signs of stabilization as of early 2025, with increased inventory and moderate price growth. Closed sales have dipped slightly compared to...
Charlotte Gateway Station Project Update: Progress Amid Delays
News Summary The Charlotte Gateway Station project is advancing steadily despite facing some delays due to changing market conditions. City leaders assure residents that the project, designed to be a...
Charlotte Small Businesses Struggle with Rising Costs
News Summary Small business owners in Charlotte, like Andrea Richter of Pretty Honest Candles, are facing financial strains due to rising costs from tariff policies. The economic impact is widely...
Charlotte Auto Dealers Brace for Price Hikes Amid New Import Tariffs
News Summary Auto dealers in Charlotte, NC, are gearing up for significant price increases on vehicles due to new tariffs on imports. A 10% blanket tariff and a 25% tariff...
Charlotte’s Hope for Homeownership: A Local Investor’s Mission
News Summary Nasar El-Arabi, a real estate investor in Charlotte, aims to empower the local Black community through homeownership. Since 2008, he has focused on revitalizing underserved neighborhoods and providing...
Charlotte Emerges as a Thriving City for New Residents
News Summary Charlotte, North Carolina, is seeing a surge in new residents, welcoming over 100 newcomers daily. The city’s vibrant atmosphere attracts individuals like Malik Taylor, who transitioned from teaching...
Charlotte’s Fortune 500 Companies Navigate Turbulent Tariff Times
News Summary The announcement of extensive tariffs by President Trump sent Charlotte’s Fortune 500 companies into a state of volatility. While some companies like Sonic Automotive and LPL Financial saw...
Finance
Settlement Reached in North Carolina’s Rental Pricing Controversy
News Summary Cortland Management has reached a settlement with North Carolina’s Attorney General over allegations of using software to inflate rent prices. The company will cease using RealPage’s software and...
Charlotte Auto Dealers Brace for Price Hikes Amid New Import Tariffs
News Summary Auto dealers in Charlotte, NC, are gearing up for significant price increases on vehicles due to new tariffs on imports. A 10% blanket tariff and a 25% tariff...
Charlotte’s Hope for Homeownership: A Local Investor’s Mission
News Summary Nasar El-Arabi, a real estate investor in Charlotte, aims to empower the local Black community through homeownership. Since 2008, he has focused on revitalizing underserved neighborhoods and providing...
Charlotte’s Fortune 500 Companies Navigate Turbulent Tariff Times
News Summary The announcement of extensive tariffs by President Trump sent Charlotte’s Fortune 500 companies into a state of volatility. While some companies like Sonic Automotive and LPL Financial saw...
Charlotte Housing Market Experiences Notable Shifts
News Summary The Charlotte housing market is currently facing significant changes as homes take longer to sell and sales have dropped by 5.1% compared to last year. Rising inventory and...
Charlotte City Council Faces Scrutiny Over Small Meetings
News Summary The Charlotte City Council is under fire for holding small group meetings, raising concerns about transparency and accountability. Critics argue these gatherings may sidestep the principles of open...
SEECO Relocates to Monroe, Bringing New Job Opportunities
News Summary SEECO, the Southern Electrical Equipment Company, is relocating from Charlotte to Monroe, North Carolina. This move will create 71 new jobs in the area, with an attractive average...
Wells Fargo Unveils New Food Hall in Charlotte
News Summary Wells Fargo has transformed its Customer Information Center in Charlotte, featuring a brand-new food hall with seven stations, renovated auditoriums, and new amenities. The expansive 20,000 square foot...
Paymentus Holdings Reports Strong Q4 Earnings in Charlotte
News Summary Paymentus Holdings Inc. has announced impressive fourth-quarter earnings for 2023, reporting net income of $13.1 million, driven by a significant revenue increase. Their annual revenue rose to $871.7...
CONSTRUCTION
Charlotte’s Urban Core Transformation: A City on the Rise
News Summary Charlotte is experiencing a significant transformation in its urban core, with new developments and businesses emerging along South Tryon and South College Streets. High-profile projects like Duke Energy...
Charlotte Gateway Station Project Update: Progress Amid Delays
News Summary The Charlotte Gateway Station project is advancing steadily despite facing some delays due to changing market conditions. City leaders assure residents that the project, designed to be a...
Charlotte Small Businesses Struggle with Rising Costs
News Summary Small business owners in Charlotte, like Andrea Richter of Pretty Honest Candles, are facing financial strains due to rising costs from tariff policies. The economic impact is widely...
New Apartment Towers Coming to Charlotte’s South End
News Summary Charlotte’s South End is set to welcome two new apartment towers developed by Akridge, adding 861 residential units. The sites will feature modern amenities, including rooftop pools and...
Challenges in Charlotte’s Real Estate Market
News Summary Charlotte’s real estate market is currently facing challenges due to national tariffs impacting construction costs and a rise in rezoning applications. While tariffs have caused developers to hesitate...
Huntersville Planners Approve New Mixed-Use Project
News Summary Huntersville’s planners have approved the Station South project, an $80 million mixed-use development. Featuring 348 housing units and extensive commercial space, the project aims to enhance community living...
Firefighters Race to the Rescue in SouthPark
News Summary On a seemingly ordinary Monday morning, the SouthPark neighborhood in Charlotte experienced a significant fire incident at an apartment building on Liberty Row Drive. Firefighters acted swiftly to...
Charlotte Takes Strong Steps Towards Affordable Housing
News Summary Charlotte is grappling with an affordable housing crisis, prompting local nonprofits and churches to act. The Ascension Community Development Corporation has launched ‘The Legacy at Paw Creek,’ providing...
DetraPel Relocates Headquarters to Charlotte, NC
News Summary DetraPel, a leading manufacturer of PFAS-free protective coatings, is moving its headquarters from Massachusetts to Charlotte, North Carolina. This $3.5 million investment will create over 30 new jobs...
Marketing
No posts found!
Real Estate
Settlement Reached in North Carolina’s Rental Pricing Controversy
News Summary Cortland Management has reached a settlement with North Carolina’s Attorney General over allegations of using software to inflate rent prices. The company will cease using RealPage’s software and...
Charlotte’s Urban Core Transformation: A City on the Rise
News Summary Charlotte is experiencing a significant transformation in its urban core, with new developments and businesses emerging along South Tryon and South College Streets. High-profile projects like Duke Energy...
Charlotte Housing Market Stabilizes in 2025
News Summary The Charlotte housing market is showing positive signs of stabilization as of early 2025, with increased inventory and moderate price growth. Closed sales have dipped slightly compared to...
Charlotte’s Hope for Homeownership: A Local Investor’s Mission
News Summary Nasar El-Arabi, a real estate investor in Charlotte, aims to empower the local Black community through homeownership. Since 2008, he has focused on revitalizing underserved neighborhoods and providing...
Charlotte Emerges as a Thriving City for New Residents
News Summary Charlotte, North Carolina, is seeing a surge in new residents, welcoming over 100 newcomers daily. The city’s vibrant atmosphere attracts individuals like Malik Taylor, who transitioned from teaching...
New Apartment Towers Coming to Charlotte’s South End
News Summary Charlotte’s South End is set to welcome two new apartment towers developed by Akridge, adding 861 residential units. The sites will feature modern amenities, including rooftop pools and...
Challenges in Charlotte’s Real Estate Market
News Summary Charlotte’s real estate market is currently facing challenges due to national tariffs impacting construction costs and a rise in rezoning applications. While tariffs have caused developers to hesitate...
Grand Opening of Forest Point Place Aids Older Adults in Charlotte
News Summary The grand opening of Forest Point Place in Charlotte marks a pivotal step in addressing homelessness among older adults. Opened on April 1, 2025, the facility supports those...
Charlotte’s Neighborhood Identity Takes Center Stage
News Summary Charlotte residents are coming together to find an official name for a longstanding area that has never had a distinct identity. With developers planning over 1,000 new apartments,...
