Behind closed doors, Mecklenburg County government officials are meeting with leaders of some of the region’s biggest companies to discuss reopening the Charlotte area’s economy. The Covid-19 Business Leaders Roundtable includes more than 40 executives and officials led by county manager Dena Diorio. Its members include officials from state, county, and local levels. The roundtable… [Read More]
North Carolina On Track To Surpass 500,000 Unemployment Claims
State officials have approved nearly $30 million in unemployment benefits for those who have lost their jobs due to the covid-19 outbreak. In the three weeks since Governor Roy Cooper’s orders saw businesses close due to the novel coronavirus, an average of 21,000 people a day have filed claims. That’s according to Lockhart Taylor who… [Read More]
Amid Coronavirus Outbreak Charlotte Shows Economic Strength
A new Metro Monitor 2020 report released by The Brookings Institution reveals the United States has achieved a record-long economic expansion over the past decade. The report is an annual analysis that tracks various communities’ economic growth, prosperity and inclusiveness. The data was collected over two time periods: 2008-2018, the decade following the 2007 global… [Read More]
Plans detailed in new documents for Eastland Mall site
A rezoning petition has been filed by the city of Charlotte along with Master Developer, Crosland Southeast, for the former Eastland Mall property site. The city’s “Vision for Eastland†rezoning petition was filed early last week. Plans for the site which has been vacant since the mall was demolished in 2013, is the result of… [Read More]
NoDa townhomes, Indian Trail homes on the horizon
Two new projects, very different in scope and target market, are coming to the inventory-starved Charlotte scene. Poe NoDa, which bills itself as “uncustomary townhomes for the counterculture of Charlotte,” is set to break ground soon at 2715 N. Davidson St. Developed by byFiorenza Communities, Poe is a small community of 29 townhomes on 1.6… [Read More]
Charlotte housing market ends ’19 on upswing
Though the Charlotte housing market may have started 2019 off slowly, the region saw a flurry of housing activity in December and had a nearly 6 percent increase for the year over 2018 totals for residential sales. Monthly home sales rose 17.2 percent in December compared to December 2018. In total, 50,854 homes sold in… [Read More]