Charlotte Uptown - NC Real Estate

Uptown Charlotte or downtown - You may call it what you wish, is the rapidly growing center city real estate market in Charlotte NC Real Estate. Condos dominate in Uptown Charlotte, but there are townhouses, and some single family homes. Uptown Charlotte is divided into 4 wards, with the majority of the residential buildup in Ward 1, Ward 3 and Ward 4. The city is not much more than a mile and half wide, making for easy walks. The Uptown area is home to Bank of America, Wachovia (soon to be Wells Fargo), Duke Energy, Home of the NFL Panthers, all the above resides inside of the I-277 loop or the inner-beltway. There is tremendous growth and Charlotte Uptown has the highest occupancy of Commercial Real Estate/ Office space for any downtown in the United States. Essentially all office space is being utilized. This indicates business/ economy in charlotte is doing well compared to the rest of the country. All the construction cranes around is an indicator of the growth in center city that is adding:

• 10 new condominiums buildings- 2/3 ’s sold out
• A new 5 star hotel- a Ritz-Carlton and a boutique hotel
• 2 new office towers- the major Wachovia Cultural Center, the “minor” 32 story Bank of AmericaII building
• The Epicenter is finally coming online- new movie theaters open December 12, 2008
• The NASCAR Hall of Fame will open next year.

This is definitely an exciting place to be and real estate values in Charlotte are headed up. If you love walking to work and enjoy city life style, great dining, entertainment, sports, minimal to no driving, and investing outside of the stock market, then Charlotte uptown real estate is calling out as an investment opportunity. Please contact a Carolina Home Pros agent to assist you with your search in this real estate market.