Charlotte’s Market Growth in March 2025: Expansions and Investments

Charlotte’s Expanding Market: A City on the Rise

Charlotte’s business and economic landscape is thriving in March 2025, with rapid population growth, corporate relocations, and large-scale real estate developments shaping the city’s future. With the metro area’s population at 2.88 million as of July 2024 (Charlotte Business Journal), Charlotte continues to attract businesses and residents alike. This influx is fueled by North Carolina’s ranking as the second most migrated-to state in the U.S. (Charlotte Stories), further strengthening the city’s reputation as an economic powerhouse. According to Kristie Wilder, a demographer in the Census Bureau’s Population Division “Population growth in this metro area is being shaped by international migration. While births continue to contribute to overall growth, rising net international migration is offsetting the ongoing net domestic outmigration we see in many of these areas.”

Charlotte’s development isn’t just limited to population growth. The city is seeing major commercial expansions, with new businesses moving in and local institutions investing in infrastructure. The Charlotte Mecklenburg Library, for instance, is actively seeking community input on the new Sugar Creek Library, which will serve as a cultural and educational hub for East Charlotte residents. This project reflects the city’s commitment to accessible knowledge, technology, and community development (Axios Charlotte).

Corporate Expansions and Relocations Fuel Growth

A key factor in Charlotte’s economic boom is the influx of businesses setting up shop in the area. CliftonLarsonAllen, a leading financial services firm, is relocating its uptown office to Ballantyne, a move that signifies the growing corporate shift toward suburban office hubs. This relocation reflects the trend of businesses seeking modern office spaces with better amenities and accessibility for employees (Charlotte Business Journal) Elly Barrineau, CLA managing partner for the Carolinas said the new location will serve a dual purpose. About half of the space will be designated for office use. The rest, what CLA calls a “connection center,” will be designed to help the firm grow and retain talent. She said the intent is to bring employees from across the Charlotte area and the company under one roof for learning, development and continued training

Meanwhile, Mooyah Burgers is expanding in Charlotte, with plans to open a new uptown restaurant at Queen City Quarter. This location is expected to cater to the city’s growing demand for fast-casual dining options and capitalize on the high foot traffic of office workers and visitors in the area (Charlotte Business Journal).

Charlotte’s industrial sector is also seeing significant investment, as McCraney Property has announced plans for a $45 million industrial park in Concord, designed to meet the rising demand for warehousing and logistics facilities. This development aligns with Charlotte’s status as a regional distribution hub, attracting businesses that rely on efficient supply chain networks (Charlotte Business Journal).

Beyond individual business expansions, Charlotte continues to position itself as a major financial hub, attracting investment firms and technology companies looking to tap into the city’s skilled workforce. Additionally, North Carolina lawmakers have hinted at a possible 10,000-job announcement in the Triad region, which would further boost economic opportunities for residents and contribute to the state’s growing job market (Charlotte Business Journal).

A Surge in Real Estate Development

As the population grows, so does the demand for housing. Charlotte’s apartment development boom is continuing despite national market challenges, with developers betting on sustained demand for rental units. Luxury apartment complexes, mixed-use developments, and affordable housing projects are all being planned to accommodate the city’s expanding workforce (Charlotte Business Journal). Andrea Howard, Northmarq regional managing director of multifamily investment sales, said that while supply remains strong, the bigger story is how much demand exists in the market. Whereas Charlotte ranked No. 9 in the nation for apartment demand.

Commercial real estate is also experiencing an upswing. Burtons Grill & Bar is expanding into Huntersville, where its new location is set to attract both local residents and visitors. The decision for this expansion was made as the CEO of this chain of restaurants John Haggai mentions that Charlotte has been one of the strongest-performing markets for the brand, as both the Park Road and Blakeney locations have seen double-digit sales increases over the past two years and 2025 is off to a strong start. (Charlotte Business Journal).

Additionally, with North Carolina ranking second in the nation for business climate, Charlotte remains a prime location for new developments. The combination of a business-friendly tax environment, strategic location, and strong workforce has encouraged real estate developers to continue investing in the city (Charlotte Business Journal).

Charlotte’s real estate growth extends beyond residential and commercial developments. Infrastructure projects, such as new transportation initiatives and mixed-use developments, are helping to accommodate the city’s expanding workforce and urban population. Major roadway improvements and transit expansions are expected to ease congestion and improve connectivity, making Charlotte even more attractive to businesses and workers alike.

Charlotte: A Hub for Tech and Innovation

Charlotte’s impact extends past real estate and corporate growth—it’s also emerging as a tech industry powerhouse. “Women hold 33% of the Charlotte metro’s tech jobs — the third-highest share among large metros — demonstrating progress in gender inclusivity within the industry.” This ranking reflects the city’s growing reputation as a leader in innovation and workforce diversity. Charlotte’s ability to attract and retain top technology talent continues to strengthen its economy (Charlotte Business Journal).

Additionally, Charlotte’s emerging biotech and fintech sectors are gaining momentum. Companies specializing in financial technology are choosing Charlotte for their headquarters due to the city’s strong banking presence, while biotech firms are investing in research and development facilities. The city’s proximity to leading universities and research institutions is further supporting its transformation into a tech and innovation hub. (Charlotte Business Journal).

A Promising Future for Charlotte’s Market

Charlotte’s continued growth in population, business investment, and real estate development solidifies its position as a market to watch in 2025. With ongoing corporate expansions, infrastructure projects, and a thriving economy, the city presents significant opportunities for businesses, investors, and residents. As policymakers hint at the possibility of a major 10,000-job announcement in the Triad region, North Carolina’s economic trajectory looks even more promising (Charlotte Business Journal).

Whether you’re a business owner, investor, or resident, Charlotte’s market trends point to a city that is poised for long-term success. With robust job creation, strategic corporate investments, and a flourishing real estate market, Charlotte is solidifying itself as one of the most attractive cities in the U.S. for business and economic expansion.

About Rise48 Equity:

Rise48 Equity is a Multifamily Investment Group with local offices in Phoenix, AZ, Dallas, TX, and Charlotte, NC. “At Rise48 Equity, we provide opportunities for accredited and non-accredited investors to protect and grow their wealth and achieve passive cash flow. Our team brings expertise to acquire, reposition, and return capital to investors upon reaching our business plan. Through our research and strategically formed partnerships, we acquire commercial multifamily apartment properties, strategically add value to the properties, and create passive income for our investors through cash flow and profits from the sale.”

Since 2019, Rise48 Equity has completed over $2.4 Billion+ in total transactions and currently has $1.9 Billion+ assets under management located in Arizona, Texas, and North Carolina. All of the company’s assets under management are managed by Rise48 Equity’s vertically integrated property management company, Rise48 Communities.

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