Lured by tax incentives, investors seek gold in Charlotte’s historically black neighborhoods

Mattie Marshall, president of Washington Heights Community Association, has lived in the west Charlotte neighborhood for more than 30 years. She was one of the attendees at a recent info session where Charlotte-based real estate company, Grubb Properties, spoke about the $20 million that would be directed toward investment projects in west Charlotte.

Congress approved generous tax incentives for investors to build in high-poverty communities, aka "opportunity zones." But, some residents are worried if that means further gentrification in historically Black neighborhoods.

Marshall recalled how Black residents in major U.S. cities were led to believe that “urban renewal” redevelopment campaigns of the 1970s would be to their benefit, only to see their homes and Black-owned businesses razed and replaced by projects more favored by local governments.

Will it be different this time around? Will developers listen to residents and create the types of projects that residents are asking for?

Read the story.
 

Niner Nation Remembers website launches, Remembrance Commission formed. UNC Charlotte created the website to honor Riley Howell and Ellis "Reed" Parlier and support the four other students who suffered injuries in the April 30 campus attack. Also, a Niner Nation Remembrance Commission will work with the families of the slain students on a way to memorialize them. Read the details. (UNCC)

Hip-Hop legends headline this year’s North Carolina Music Hall of Fame inductees. Producer/music executive 9th Wonder and legendary rapper Big Daddy Kane are two members of this year’s class of inductees into the North Carolina Music Hall of Fame. The induction will take place on October 17 at a red carpet ceremony in Kannapolis. Read about the honorees.

Charlotte’s Diner en Blanc host team gives the skinny on the summer soiree. Nearly 1,200 people attended Charlotte's first Diner en Blanc last year. Were you among the crowd? The "Dinner in White" was the hot ticket of the summer, and now is the time to break out the white attire again. We caught up with the host team as they prepare for this year's event. Here's what you should know.

CLT DJ Battle puts DJ culture on display in the heart of uptown. On Saturday, four DJs will take over the corner of Trade and Tryon to battle it out for the crown as king or queen of Charlotte’s turntables. The CLT DJ Battle is one of the events to check out during the final day of Charlotte SHOUT! Read the story. 

Steve Smith Sr. among players headed to Panthers’ Hall of Honor. ICYMI, Carolina Panthers will induct Steve Smith Sr., Jake Delhomme, Jordan Gross and Wesley Walls to the team's Hall of Honor. The group becomes the first inductees since 2004.

Follow Qcitymetro on social media.

Copyright © GlennOaks Media LLC
Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list