Charlotte development: skyline projects, new housing growth

Charlotte is experiencing rapid growth and development across several sectors. The Queensbridge Collective’s new 42-story tower will soon reshape the skyline and bring market-rate apartments, coffee shops and restaurants to the area. Meanwhile, a local nonprofit is planning a co-op grocery store and 290 apartments in the West End, aiming to address food access and affordable housing.

Infrastructure improvements are under way with a $249 million project to widen N.C. 150 at Lake Norman, which should ease congestion. Lastly, over 1,100 new homes and apartments are being added in neighborhoods like Ballantyne and Eastland Yards, reflecting strong demand and steady population growth in Charlotte.

The National Association of Realtors said Thursday that U.S. existing home sales rose 1.3% in July, ending a four month sales decline. File photo by Alexis C. Glenn/UPI

NO. 1: IT’S BECOMING A HOMEBUYER’S MARKET IN THE CHARLOTTE AREA. BUT ONLY IF YOU CAN AFFORD IT

With lower home sales and increased price reductions, the market is leaning toward homebuyers. Affordability is still a major issue. | Published October 23, 2024 | Read Full Story by Desiree Mathurin

This Charlotte Observer file photo shows N.C. 150 West at Perth Road near Lake Norman in Mooresville. After 40 years of complaints by residents stuck in congestion, the N.C. Department of Transportation has awarded a $249 million contract to widen N.C. 150 at Lake Norman.

NO. 2: NC AWARDS $249 MILLION CONTRACT TO WIDEN ONE OF CHARLOTTE AREA’S WORST CONGESTED ROADS

“Our community has long awaited these enhancements, “ state senator says. | Published November 8, 2024 | Read Full Story by Joe Marusak

Construction on Queensbridge Collective continues in Charlotte, NC on Monday, February 10, 2025. By Melissa Melvin-Rodriguez

NO. 3: $700 MILLION, SKYLINE-DEFINING TOWER RISING IN CHARLOTTE JUST HIT A KEY MILESTONE

The mixed-use project called is on the edges of uptown and South End. | Published February 12, 2025 | Read Full Story by Desiree Mathurin

The Historic West End Partners also commissioned work from T’Afo Feimster, the curator for the LATIBAH Collard Green Museum. By Alex Cason Photography

NO. 4: CHARLOTTE NONPROFIT BUYS WEST END PROPERTY FOR $1.25M AS PART OF LARGER DEVELOPMENT PLAN

Buying the old Church’s Chicken is part of the group’s work to fill service and amenity gaps in one of the city’s oldest Black neighborhoods. | Published March 21, 2025 | Read Full Story by Catherine Muccigrosso

Workers finish a sidewalk next to one of four model single family homes at The River District. With about 2,000 single family homes and another 2,000 multi-family dwellings the River District development has been designated as a One Planet Living Leader, the third in the country and the first awarded to a southern state. The designation highlights the 1,400 acre development’s energy efficiency, that includes approximately 500 acres of preserved green space. The Observer was given on a tour of the development on Thursday, April 17, 2025. By John D. Simmons

NO. 5: OVER 1,100 HOMES AND APARTMENTS SET FOR BALLANTYNE, SOUTH END AND THE REGION

Developers were busy in April adding to the metro area’s housing stock, from Matthews to east Charlotte and Fort Mill, South Carolina. | Published May 6, 2025 | Read Full Story by Desiree Mathurin

The summary above was drafted with the help of AI tools and edited by journalists in our News division. All stories listed were reported, written and edited by McClatchy journalists.