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| 05/10/2024 In this issue of MarketRent™ powered by Clarendon, we spotlight Charlotte's ongoing transformation as a vibrant economic hub. We focused on West Charlotte and its evolution from an industrial zone to a thriving residential area, spurred by the city's economic surge. With its strategic location near Uptown and expanding transport networks, West Charlotte attracts developers keen on creating multifamily housing and commercial spaces. We also share a variety of data tools and visualizations to help you understand the connection between walkability rental prices in Charlotte, as well as, development in West Charlotte. |
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| RESEARCH Walk This Way: West Charlotte's New Path to Rent Premiums |
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| West Charlotte is undergoing a walkability-focused transformation, catering to growing resident demand for vibrant, car-optional neighborhoods. This shift signals potential for rising rent premiums in the area – a compelling prospect for investors seeking opportunities in evolving markets. Search by zip code to examine the impact of walkability on rental rates in Charlotte. |
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| RESEARCH Explore: Development in West Charlotte Neighborhood |
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| Charlotte, North Carolina’s economic growth has led to increased housing demand and revitalization efforts in the West Charlotte neighborhood. Once known for its industrial roots, the area is transforming with new residential development and convenient amenities, attracting a diverse mix of residents. |
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| Comprehensive, Data-Driven Insights Analyses and Reports in Major Markets Nationwide |
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| All content is provided herein “as is” and neither Clarendon Valuation Advisors, LLC (“the Company”) nor its affiliated or related entities, nor any person involved in the creation, production and distribution of the content make any warranties, express or implied. The Company does not make any representations regarding the reliability, usefulness, completeness, accuracy, currency nor represent that use of any information provided herein would not infringe on other third party rights. The Company shall not be liable for any direct, indirect or consequential damages to the reader or a third party arising from the use of the information contained herein . © Copyright MarketRent™ | Clarendon. All Rights Reserved. |
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