Indian Trail
Real Estate
Lovett Industrial breaks ground on a 21-acre, 282,000 Square Foot Industrial Business Park in Charlotte, North Carolina
CHARLOTTE, N.C.--(BUSINESS WIRE)--May 20, 2024-- Lovett Industrial, the Houston-based real estate investment firm, recently broke ground on Orr Road Business Center, an urban infill 21.7-acre development consisting of 282,000 square feet spread across two Class A industrial buildings in the North Graham submarket of Charlotte, NC. This press release features...
See renderings: Elizabeth's controversial multi-family development
A 78-foot housing development in Elizabeth stalled Monday night because Charlotte leaders say it's too tall for the fast-changing neighborhood.Why it matters: This is another example of how visions for Elizabeth's future are competing.Although some say new development threatens the neighborhood's history and character, Elizabeth, close to the city's transit investments and jobs, has become a desirable place to build dense housing.Details: The latest proposal for the East 7th Street project — between Lamar Avenue and Clement Avenue — comprises 193 residential units, 5,600 square feet of retail, and underground parking with 1.2 spots per unit, according to a city...
These are Charlotte's hottest ZIP codes for home value appreciation
Data: Zillow; Note: Typical home value refers to the average of the middle third of Zillow home value estimates for every home in a given region with a county record, including single-family, condominium and co-operative homes; Table: Axios VisualsTwo ZIP codes on the far outskirts of Charlotte experienced the highest home appreciation in the past year — outpacing the prosperous south Charlotte area.Why it matters: Charlotte is among the fastest-growing cities in the U.S., and that is driving home values up.The big picture: Some of America's fastest-growing places are not cities themselves but their outer suburbs, or "exurbs.""Fewer of the...
Zillow introduces new app to help homebuyers know what they an actually afford
CHARLOTTE, N.C. — Although mortgage rates remain high, the Charlotte housing market remains a seller's market with more people looking to buy than homes available. According to the most recent data from Realtor.com, there are more than 4,000 homes currently listed in Charlotte. One of the most significant challenges facing buyers is understanding their purchasing power at a given moment.
Amid new apartments, longtime Optimist Park homeowner refuses to sell
Remember that Disney film "Up?" In it, an old man refuses to sell his aging house while modern development springs up around it. It looks like it’s playing it out in real life in Charlotte’s Optimist Park neighborhood between uptown and NoDa. For more, I’m joined by Tony...
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