August 2024
The Charlotte, NC market is currently experiences a surge in national recognition due to robust business expansions, a rapidly growing population, and improvement projects on major demand drivers.
U.S. News & World Report names Charlotte the 5th best place to live in the U.S. in 2024-2025.
What This Means for You: This national recognition solidifies Charlotte’s position as a strong and appealing market and can attract more residents, tourists, and businesses alike.
U.S. Census report finds Charlotte the third-fast growing city in the nation.
What This Means for You: The area’s rapid market growth indicates a high demand for multifamily with promising potential for both long-term property value appreciation and rent growth.
The Catawba Nation set to break ground on $700M casino project in Kings Mountain.
What This Means For You: Phase one of casino resort would open in early 2026 and employ 420 people.
F.N.B. Corp. continues NC expansion with plans for new Charlotte branch.
What This Means For You: The 2,900-square-foot branch in east Charlotte is expected to open in 2025, positioning the company to better serve the local community.
Tepper Sports and the city of Charlotte propose $800M renovation to Bank of America Stadium.
What This Means For You: Renovations to this major demand driver would begin in 2025 and finish by 2029. Renovations include a new sound system, upgraded video and display boards, updated restrooms and more diverse concessions menus, and new seats.
Amrep Manufacturing Company launches a $21M Charlotte region expansion project.
What This Means For You: The project is expected to add $335.2 million to the state’s economy and will create 171 new jobs.
Segra completes expansion of $10M data center in Charlotte.
What This Means For You: The expansion will enable Segra to have the capacity to offer colocation, private cloud services, and multi-cloud exchange services to customers.
UNC Charlotte stadium is getting a $60M makeover.
What This Means For You: Phase 1 will increase seating capacity to 18,170 students and fans. Phase II will increase capacity to 21,000. Expansions to this demand driver include seven luxury suites, club seats, additional general seating, and more.
