Charlotte Business Journal

Plans for a 19-story apartment tower, the tallest building in SouthPark, include an office building and retail space. The tower will be constructed on Carnegie Boulevard, the current location of Rooster’s, with no announced timeline for construction.

A 2025 analysis by the North Carolina Chamber found single mothers in Cabarrus and Rowan Counties spent 40% of their income on childcare. Rising daycare costs have forced more people across the state to leave work to care for children.

Amazon is considering Texas and North Carolina for a new manufacturing facility that could create up to 500 jobs in advanced robotics. Austin is among the potential locations in Texas, though the specific site in North Carolina remains unclear. The Austin City Council discussed the project during a work session on July 21.

A $20 million renovation project is underway at 440 South Church, a 15-story office tower in Uptown. Trinity Capital Advisors and Town Lane acquired the building in October 2025 and are overhauling its lobbies, tenant amenities, and common areas. The building was originally developed by Trinity Capital in 2009.

The Charlotte Business Journal (CBJ) has announced finalists for its Health Care Heroes Awards, recognizing healthcare professionals and organizations for their innovative and compassionate work. Over two dozen finalists were selected across categories including physicians, nurses, support staff, and managers.

Lincoln Property Co. is acquiring Charlotte-based The Spectrum Cos. for an undisclosed sum, combining Lincoln's Carolinas division with Spectrum to accelerate development and acquisitions. The move includes merging Spectrum's 43 employees into Lincoln's SouthPark headquarters, which occupies 20,000 square feet at Piedmont Town Center.

Four mobile food operators in Mecklenburg County received a 'B' health grade in June inspections, part of a monthly review by the Charlotte Business Journal. A total of 1,033 food establishments were inspected, with 12 scoring below 90, and one mobile operator had its permit revoked.

Southern Land Co. plans to start site work soon on a mixed-use project at the former Tyber Creek Pub site in South End, with construction expected to begin in 2026. The project includes a multifamily tower and ground-floor retail, and the developer is finalizing design details.

Hendrick Automotive Group acquired eight luxury car franchises, including Ferrari, Bentley, and Maserati, from Foreign Car Italia in Charlotte and Greensboro. The sale, confirmed July 1, adds these brands to Hendrick's portfolio in North Carolina.

Construction has started on Center South, a 329-unit mixed-use project in Dilworth, with the Fallon Company developing Twelve03 at Caldwell Street. The project includes studio, one-, and two-bedroom apartments and amenities like a co-working lounge, pool, and fitness center, expected to be completed in 2029.