How tariffs could hit Charlotte real estate
Plus: Tax increase proposed for uptown tax district; Rezoning filings experienced rare dip; Charlotte townhome boom; 110 East signs restaurant; Symphony Park video
It’s time to indulge in the latest irresistible edition of Charlotte Commercial Real Estate Whispers, where the city’s most tantalizing land deals, rezonings and developments are seductively unwrapped. Prepare to be captivated by the pulse-racing drama of Charlotte’s real estate world, where every transaction whispers temptation and every revelation feels like a delicious encounter you can’t resist.
In today’s edition:
How tariffs might affect construction — and the pace of development in Charlotte
A tax increase proposed for uptown
Rezoning filings rise after rare dip — and many of them are for townhomes
Inside Charlotte’s townhouse boom
110 East signs a tenant … a restaurant
An on-location video detailing the changes ahead for Symphony Park — from your favorite Charlotte business reporter
The round-up of news from other reliable sources
Let’s get to it!
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Tariffs might prompt a construction slowdown; More than the tariffs, it’s the uncertainty of tariffs, local construction CEO says
Concern about tariffs could cut into Charlotte real estate plans, with uncertainty about higher construction costs leading developers to hold off.
Even before last week’s worldwide tariffs imposed by the Trump administration, construction companies were dealing with the fallout from tariffs on Canada and Mexico.
Marcus Rabun, CEO of Charlotte commercial construction company Myers & Chapman, said that in recent weeks, some of the company’s suppliers have sought to raise prices: “It’s hard to peg down exactly what is happening, but we do see a trend of people starting to raise a little bit here, a little bit there.”
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