A former Kohl's store near UNC-Charlotte is being renovated and turned into office space. The 87,000-square-foot building is at 9315 North Tryon St., across the street from the university's entrance and near the JW Clay Blvd light-rail station.
A study by the National Low Income Housing Coalition shows that a minimum wage worker would need to put in 103 hours of work a week in order to afford a two-bedroom apartment in Charlotte. Rent continues to outpace wage growth.
Charlotte apartments are competing for an increasingly small slice of an ever-more-crowded market: High-income renters who want top-notch amenities. To stand out, they're turning to fancier and fancier amenities, like pet spas and golf simulators, which can drive up prices.
The Bag Lady, which closed its doors in Dilworth in March, has found a new store location in Elizabeth near Central Piedmont Community College. The boutique, which sells apparel and gifts for women, will host a grand opening celebration June 23-24.
Whole Foods opens its highly anticipated new store in uptown Charlotte, NC, on Stonewall Street on June 13. The store features an expansive prepared food section. This will be the first full-size grocery store uptown.
Charlotte home prices rose sharply again in May, as the number of houses on the market fell sharply again. The number of home sales also fell, indicating that buyers are facing pressure from rising costs and the tight market.
Amazon is expanding benefits at Whole Foods to Prime members in ten new states, including North Carolina. The tech giant's announcement comes days before it plans to open its latest Charlotte store uptown on Stonewall Street.
A pair of eight-story buildings called the RailYard, developed by Beacon Partners in South End, Charlotte, officially topped out Friday. Construction is ongoing, with completion expected in early 2019. The buildings include apartments as well.
Data from the Charlotte Regional Realtors Association show that the region's inventory squeeze is concentrated at the lower end of the housing market. If you have $1 million or more to spend, the supply is virtually unchanged.
South Charlotte Partners, a new nonprofit formed as an offshoot of the long-running Ballantyne Breakfast Club, is pushing for more spending on roads, schools and other infrastructure for the booming area, where traffic is a major concern.
Charlotte is planning to build a new bridge as part of the Rail Trail along the Blue Line light rail, finally connecting South End and uptown. The trail now currently dead-ends just before Interstate 277.
Charlotte home prices and rent have risen faster than wages over the past two decades, a new report called Housing Charlotte shows. At the same time, the city's building boom has been largely focused on apartments for wealthy renters, further hurting supply.
Publix will open its long-awaited grocery store in Cotswold on June 20. The supermarket on Randolph Road has generated a great deal of buzz in south Charlotte since it is almost literally within a stone's throw from Publix's chief rival in the area, Harris Teeter.
New Charlotte luxury apartments, including Overton Row, Providence Row, Greenside in Dilworth and Links at Rea Farms are now leasing, with rates that start at almost $1,200 for a studio and go up from there. Amenities include dog spas and private wine cellars.
Charlotte developer Johnny Harris, one of the city's biggest developers and CEO of Lincoln Harris, is counting on a wave of suburban growth to drive the booming Charlotte market, especially in developments such as Rea Farms and the River District
Kessler, a luxury hotel operator, officially broke ground on the Grand Bohemian in uptown Charlotte on Thursday. The 254-room hotel is expected to open in 2020, adding a new brand to Charlotte's booming hotel scene.