Charlotte, NC skyline via Flickr.
The last time we checked in with Charlotte, we learned that the City Council had approved a Capital Investment Plan for $120 million for catalytic economic development and community reinvestment projects.
Now, the public has given their go-ahead. This November, voters approved the first two-year, $20 million investment in the program.
These funds will go to high-impact projects in five targeted areas of the city, namely Whitehall/Ayrsley, Prosperity Village, West Trade/Rozelles Ferry, Sunset/Beattie’s Ford and Central/Abermarle/Shamrock. The goal? To strengthen these neighborhood by making them more desirable for commercial and retail development and mixed-income housing.