October 2024
The Charlotte, NC market is witnessing a continued surge in economic growth and national recognition due to business expansions, increased population, and improvement to major demand drivers.
New data shows 117 people move to Charlotte every day.
What This Means For You: This is a 4-person jump from last year’s study. Charlotte is currently at the same rate of daily new residents as Atlanta and higher than Raleigh, Nashville, and Austin.
Charlotte suburb named fastest-growing in U.S. with home values under $500,000.
What This Means For You: Mooresville had a nearly 30% population rise emphasizing the Charlotte-area’s rapid growth. This study by online personal-finance and investing site GoBankingRates.com also named the Charlotte-area’s Concord at No. 30.
Huntington National Bank announces Charlotte location as part of larger expansion plan.
What This Means For You: The Columbus, Ohio-based bank plans to add about 55 branches across the Carolinas and anticipates hiring more than 250 employees by 2029.
Charlotte Douglas International Airport (CLT) opened 10 new gates as part of its 200,000-square-foot. expansion.
What This Means For You: Delta will use seven of the gates, ULCC Frontier Airlines will use two, and one gate will be for common use. Delta is also expected to open a new 15,000-square-foot. premium lounge in Concourse A by the end of 2024. CLT handled more than 232 million passengers in the first half of 2024, up 12.1% year-over-year.
Sweetgreen makes its North Carolina debut with its 2,479 square-foot Charlotte location.
What This Means For You: The mission-driven restaurant brand announced its opening in Uptown Charlotte at One Independence Center as part of its continued nationwide expansion.
Charlotte Hornets announce construction & design partners for new state-of-the-art performance center.
What This Means For You: Construction for the Charlotte Hornets Performance Center is scheduled to begin in early 2025, and when completed, it will feature over 160,000 square feet of training, administrative, and retail space.
Merchant & Trade bar and restaurant reveals the $1.5 million revamp of its rooftop space in Uptown Charlotte.
What This Means For You: The Kimpton Tryon Park Hotel committed to updating it the 4,500-square-foot hotspot earlier this year.
