Our residential and commercial development communities are strategically located in the Charlotte and Raleigh markets of North Carolina, two of the fastest growing regions of the United States. Our focus is primarily on townhome developments and active-adult communities.
Raleigh - Raleigh is the capital city of North Carolina. It’s known for its universities, including North Carolina State University, Duke University, and University of North Carolina at Chapel Hill. The number of technology and scholarly institutions around Raleigh, Chapel Hill and Durham make the area known as the Research Triangle. Raleigh has a metropolitan population of nearly 1.4 million, making it the second-largest city in North Carolina. Population of Raleigh has grown by 2.06% year-over-year and Raleigh ties for second place with Orlando as one of the fastest-growing large metro areas in the U.S. The population of Raleigh is projected to grow by nearly 125,000 people over the next 15 years. Raleigh has a large young population, with 27% of the population between the ages of 20 and 39. Forty-eight percent of Raleigh residents hold a bachelor’s degree or higher, compared to just 33% nationwide. Forbes has ranked Raleigh #3 as the best place for business and careers in the U.S. We are excited about the development opportunities in Raleigh.
The Triangle region of North Carolina is attracting new residents every day with strong job growth and a high quality of life. Raleigh, Durham and Chapel Hill are known for their research/technology roots and collegiate rivalries. Home to three major research universities (UNC at Chapel Hill, Duke University, and North Carolina State University), this area has a thriving restaurant scene, beautiful green spaces, family-friendly museums and a growing art and music scene defined by monthly gallery walks, summer concerts and music festivals.
The city of Charlotte is one of the best places in the United States for jobs. Whether it's banking jobs, human resource jobs, or a job in general. Glassdoor recently ranked Charlotte as the #24 best place to find a job. With an unemployment rate of 4.9% in 2017 and a median salary that is greater than the U.S. average, Charlotte is an attractive choice for anyone looking for work that pays well. Bank of America and Wells Fargo are two of the top employers in the Charlotte area. Lowe's and American Airlines are two other large organizations that provide a lot of jobs to Charlotte residents with their company headquarters in the area.
Charlotte's job market is heavy in the Finance and Insurance field, however Health Care and Social Work is #1 when it comes to total employment numbers. Tech is becoming much more a focus in Charlotte with companies like Amazon putting huge warehouses in the area. One reason many choose Charlotte for their relocation as opposed to other cities is due to the level of quality of education their children will receive. The Charlotte-Mecklenburg area, the largest school district in the Charlotte area, includes 169 schools and around 150,000 students K-12.
Charlotte is ranked as one of the best real estate markets in 2021 by WalletHub, and the best housing market in the Southeast in 2021 by Realtor.com. Homes values in Charlotte have increased by 9.9% year-over-year and are projected to growth by another 10.8% in the next 12 months.
Charlotte is also ranked as one of the best cities for renters by WalletHub, based on key criteria including activity in the rental market, affordability, and quality of life. Over the last several years, surging population and the boom in high-tech and professional services jobs have helped to rank Charlotte as one of the best markets for real estate investors and developers.
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