The analysis indicates that growth within urban areas can be better for cities' bottom line, compared to building on greenfield sites at the outer reaches of town.
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Northlake Mall opened just 21 years ago. But after years of rising vacancies, the city of Charlotte is proposing to designate the mall and surrounding area as a federally approved opportunity zone. The zones are meant to encourage development in economically distressed areas.
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A Charlotte City Council committee has advanced a proposal that would effectively ban street vending across most of the city, while continuing to debate whether repeat violations should carry criminal penalties.
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Average gasoline prices in Charlotte have fallen just over 16 cents per gallon in the last week, averaging $3.98 per gallon Monday, according to GasBuddy's survey of 665 stations in the city.
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NC Local examined the patchwork of how hundreds of cities and towns handle property taxes in North Carolina – from low taxes on beach homes to high tax rates in small towns.
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There was a raucous public hearing before Charlotte City Council this week over data centers and a possible 150-day pause on their development. The Charlotte Ledger business newsletter’s Ashley Fahey was there, and she joins Marshall Terry for our segment BizWorthy.
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The number of homes sold in the Charlotte region fell again in April, dropping nearly 3% compared with April 2025.That’s according to the latest data from Canopy, the Charlotte-area Realtor association. The decline is driven by mortgage rates above 6%, along with rising costs and inflation.Despite the slowdown in sales, prices continue to climb. The average sale price for a home in Charlotte rose to just over $522,000.
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The Federal Aviation Administration says it will distribute $970 million in federal grants to select airports around the country. Charlotte Douglas will receive $28 million to finish replacing its roof and HVAC units in the main and south atrium and Terminal Concourse D. Construction is scheduled to begin in 2027.
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North Carolina is claiming that the Vietnamese electric vehicle manufacturer won't be able to hit upcoming deadlines for having its factory operational and 1,750 employees.
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Buyers venturing outside Mecklenburg now find fewer deals and tighter supply than in the past, as rising demand and development constraints push up prices.
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This weekend is the unofficial start of summer, and just in time for the Memorial Day holiday, Lake Lure is reopening. It had been closed since Hurricane Helene hit western North Carolina almost two years ago. The Charlotte Ledger Business Newsletter looked at what the reopening means for the area, which is heavily dependent on tourism. The Ledger’s Tony Mecia joins WFAE's Marshall Terry for our segment BizWorthy.
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North Carolina controls liquor sales through a post-Prohibition network of local ABC boards and state-set prices. A new bill would loosen some rules, but some are once again pushing to privatize the system.
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The new location means passengers can deplane, retrieve their checked bags and then pick up a rental car without having to backtrack like they currently do.
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