New Report: Charlotte Apartment Rents Decline as Thousands of New Units Hit the Market

Charlotte apartment renters are finally getting some relief. New data shows rents in the Queen City dipped slightly last month and are now lower than they were a year ago as a wave of new apartment construction continues to cool the market.

According to the latest Apartments.com Multifamily Rent Growth Report, average apartment rents in Charlotte fell 0.01% from June to July and are down 1.2% compared to July 2025.

Charlotte’s decline reflects a broader trend across many Sun Belt cities, where years of aggressive apartment construction have increased supply and eased pressure on renters.

Nationally, rents remained relatively stable during July, but growth has slowed considerably compared to recent years. Analysts say elevated apartment supply and more moderate demand continue to keep prices in check.

For renters, the softer market means landlords are facing more competition. Many apartment communities are offering concessions, including free rent, waived fees and other incentives to attract new tenants.

The cooling market follows an apartment construction boom that reshaped Charlotte over the past several years. Thousands of new units opened across neighborhoods including South End, Uptown, University City and the northern suburbs, giving renters more choices than they have had in years.

While rent growth has slowed, industry analysts don’t expect lower prices to last forever.

New apartment construction is projected to decline significantly over the next two years, which could eventually tighten supply and allow rents to rise again once demand catches up.

For now, however, Charlotte remains one of the more renter-friendly major housing markets in the Southeast, offering prospective tenants more negotiating power than they had just a few years ago.

Tiny Tega Cay Brewery Beats 8,000 Beers to Win 3 National Medals

A small brewery just south of Charlotte is once again proving it can compete with the biggest names in craft beer. Model A Brewing Company in Tega Cay brought home three medals at one of the nation’s largest beer competitions, beating out thousands of entries from around the world.

More than 8,000 beers were entered into the 2026 U.S. Open Beer Championship, one of the country’s largest brewing competitions, featuring breweries from across the United States and internationally.

via Model A Brewing

Model A Brewing earned one gold medal and two silver medals, adding to an impressive list of more than 30 major brewing awards since opening its doors in December 2020.

The Tega Cay brewery captured gold for UK Crusher in the Ordinary Bitter category. It also won silver for Dolcita IPA in the Single Hop Pale Ale category and silver for Amber Hearth in the Barrel Aged Dark Beer category.

Model A wasn’t the only local brewery to earn national recognition.

Several breweries from the greater Charlotte region also claimed medals during this year’s competition, including:

  • Primal Brewery in Huntersville, which won gold for Wheat Without Worry in the Non-Alcoholic Wheat category and bronze for Hops Mirage IPA in the Non-Alcoholic IPA category.
  • Forgotten Road Ales in North Carolina was also named Brewery of the Year in the 251-500 barrel production category.

The U.S. Open Beer Championship is considered the third-largest beer competition in the United States, with entries spanning more than 180 beer categories and subcategories. Judges evaluate beers based on style accuracy, aroma, flavor, appearance and overall quality.

For Model A Brewing, the latest awards continue a remarkable run of national success. Despite competing from a small lakeside brewery in Tega Cay, the company continues to earn recognition alongside some of the largest and most established breweries in the country.

DoorDash Just Earned Rare FAA Approval to Fly Drone Deliveries in Charlotte

DoorDash announced today that it has received FAA Part 135 air carrier certification, allowing it to launch DoorDash Air, its first in-house drone delivery program.

The certification is one of the FAA’s highest approvals for commercial drone operators. DoorDash is now just the eighth drone operator in the nation to earn it.

“We want drone delivery to work for any merchant, anywhere. We’re building the full stack to make that possible from the ground infrastructure to the drone itself, and the handoff systems that make it work together seamlessly,” said DoorDash Air Head Harrison Shih in a press release. “Advances in hardware, compute, and AI are creating extraordinary new capabilities for local commerce, and becoming a certified air carrier accelerates everything we’re building.”

DoorDash already offers drone delivery through its partnership with Wing in The Arboretum in south Charlotte, Matthews, Indian Trail, and Huntersville’s Northcross Shopping Center. The company has also explored expanding service into University City.

With DoorDash Air, the company plans to operate its own drone network instead of relying only on partners.

DoorDash says the new system will combine drones, landing infrastructure and AI-powered logistics to speed up local deliveries.

During pilot programs in 2025, drone orders arrived in an average of 25 minutes. Some participating merchants also saw DoorDash order volume increase by roughly 30% after drone service launched.

The company says drones are especially effective for deliveries between three and five miles. Moving those trips to drones allows Dashers to complete more nearby deliveries and potentially earn more.

DoorDash’s new aircraft is being designed and built in the United States by DoorDash Labs, with most components also manufactured domestically.

Despite the expansion, DoorDash says Dashers will continue handling the vast majority of its millions of daily deliveries. Human drivers remain essential for apartment buildings, large orders and deliveries drones cannot complete.

The company says FAA certification is only the beginning as it expands drone delivery alongside Dashers, autonomous robots and other emerging technologies.

Ukrainian Military Drone Co Investing $3.1 Million To Build First US Manufacturing Facility in NC

A battle-tested Ukrainian drone manufacturer is bringing its first U.S. production facility to North Carolina, creating 162 jobs and expanding the state’s growing role in military drone manufacturing.

Skyeton, Inc. has just announced plans to invest over $3.1 million in a 28,500-square-foot facility about two hours east of Charlotte. The site will serve as the company’s flagship U.S. manufacturing operation.

Skyeton is the American subsidiary of Skyeton Holdings, a Ukrainian company that builds unmanned aerial systems for defense and commercial use.

The company will design, engineer, manufacture, test and support its advanced composite drones at the new facility.

Its flagship Raybird drone has logged more than 350,000 combat flight hours during intelligence, surveillance and reconnaissance missions.

The expansion underscores Ukraine’s rise as a global leader in drone technology since Russia’s invasion, with years of battlefield experience accelerating innovation.

The project could also strengthen North Carolina’s military industry. The 82nd Airborne Division, headquartered at Fort Bragg, has increasingly integrated drones into training and combat operations.

Skyeton could receive a $500,000 performance-based grant from the state’s One North Carolina Fund. However, the company must first meet its job creation and investment goals before receiving any funding. Local governments must also provide matching support.

State leaders say the project will bring high-tech manufacturing jobs while reinforcing North Carolina’s position as a growing hub for aerospace and defense innovation.

After Charlotte Rejected New Toll Lanes, NCDOT Offers $300 Million to Revive Controversial I-77 Project

After Charlotte leaders and residents overwhelmingly rejected new toll lanes on Interstate 77 South, the North Carolina Department of Transportation is making another push for the controversial project by highlighting up to $300 million in potential community investments if it moves forward.

In a new letter to local leaders, NCDOT Secretary Daniel Johnson said the project could deliver hundreds of millions of dollars in additional investments aimed at offsetting impacts along the I-77 South corridor.

The proposed funding would go beyond transportation improvements. Instead, NCDOT says it could support neighborhood redevelopment, affordable housing, parks, pedestrian connections, workforce development and small businesses.

One of the agency’s biggest promises focuses on economic development. NCDOT said the project could support about 5,700 jobs each year during construction while directing contracts toward local and small businesses along the corridor.

The department also pledged to reduce property impacts whenever possible. Homeowners affected by the project would receive just compensation, while renters would receive relocation assistance. Officials also suggested developers could help fund new housing near impacted neighborhoods through local partnerships.

NCDOT also says the project presents a “once-in-a-generation opportunity” to reconnect west Charlotte neighborhoods divided by Interstate 77 decades ago. Proposed improvements include cap-and-cover sections that create new green space above the interstate, expanded pedestrian and bicycle connections, public gathering spaces and additional recreational amenities.

The letter also promises investments to improve parks, greenways, environmental protections, water quality and noise mitigation. In addition, NCDOT said it wants to help address west Charlotte’s long-standing food desert while improving access to jobs, services and safer intersections.

To address criticism over the project, the department pledged greater transparency throughout the design and construction process. Officials say they would continue public engagement, establish measurable community goals and publicly report progress.

Despite the new proposal, the project still faces major hurdles.

Charlotte leaders and the Charlotte Regional Transportation Planning Organization previously rejected plans to expand toll lanes on I-77 South, leaving the project without a viable funding path.

Johnson said state law requires NCDOT to eventually remove the project from the State Transportation Improvement Program if no funding solution is approved. However, the Board of Transportation plans to delay that decision until after the Charlotte Regional Transportation Planning Organization revisits the proposal during its September meeting.

Until then, NCDOT says it hopes continued discussions could identify a path forward that balances transportation needs with community priorities.

Charlotte To Host MLS All-Star Game For The First Time Ever ft Messi, Heung-min, and De Paul

Charlotte is about to take center stage in the soccer world as Major League Soccer’s 2026 All-Star Game comes to Bank of America Stadium this evening, bringing thousands of fans, international stars, and a week of events to the Queen City.

The MLS All-Stars will face Mexico’s LIGA MX All-Stars on Wednesday, July 29, at 8 pm, marking the first time Charlotte FC has hosted the league’s showcase event. MLS Commissioner Don Garber previously called Charlotte a “world-class soccer destination” when announcing the event last year.

Adding to the excitement, Charlotte FC will have three players representing the host club on the All-Star roster for the first time in franchise history.

U.S. Men’s National Team captain Tim Ream earned his spot through fan, player, and media voting, while midfielder Pep Biel and captain Ashley Westwood were selected by Charlotte FC head coach Dean Smith.

Ream’s selection is especially notable because it comes 15 years after his first MLS All-Star appearance with the New York Red Bulls in 2011, tying the longest gap between All-Star selections in league history.

The 2026 roster features several of the biggest names in soccer, including Lionel Messi, Son Heung-min, Thomas Müller, Rodrigo De Paul, and standout performers from this summer’s FIFA World Cup.

This year’s squad includes 18 first-time MLS All-Stars, players from 15 different countries, and representatives from six continents, highlighting the league’s growing international reach.

Beyond the match itself, Charlotte will host a full week of festivities, including:

  • MLS All-Star Skills Challenge presented by AT&T
  • MLS NEXT All-Star Game presented by Allstate
  • MLS All-Star Soccer Celebration
  • Fan festivals, entertainment, and community events across Uptown Charlotte

MLS also unveiled the official 2026 All-Star jersey, which celebrates the league’s 30th All-Star Game with blue and green accents inspired by MLS’s original colors.

The All-Star Game is expected to generate a significant economic boost for Charlotte by filling hotels, restaurants, and entertainment venues while showcasing the city to a global audience.

Tickets for both the MLS All-Star Game and the Skills Challenge are on sale now here.

Invasive ‘Murder Hornet’ Relative Confirmed in Charlotte Area for First Time

North Carolina agriculture officials have just confirmed the state’s first established population of invasive yellow-legged hornets in the Charlotte area, raising concerns for homeowners, beekeepers and the region’s pollinators.

The North Carolina Department of Agriculture and Consumer Services (NCDA&CS) said the invasive hornets were confirmed in Matthews after a Union County homeowner noticed unusual hornet activity around a hummingbird feeder.

A follow-up survey found additional yellow-legged hornets near the Union-Mecklenburg county line. State and federal officials are now working together to locate and destroy the nest before the population spreads.

The discovery comes just months after officials confirmed a population of the invasive hornets in York County, just south of Charlotte.

Unlike many native hornets, yellow-legged hornets are notorious for attacking honeybees. They often hover outside hives in a behavior known as “hawking,” capturing bees as they leave to forage.

State Apiarist Don Hopkins warned the insects could devastate North Carolina’s beekeeping industry by reducing pollination, lowering honey production and causing entire bee colonies to collapse.

The hornets also build unusually large nests with a distinctive reddish-brown, muddy appearance. At this point in the summer, nests are often about the size of a volleyball. By fall, they can grow large enough to fill the bed of a pickup truck.

To stop the invasion, NCDA&CS has placed more than 200 survey traps around the area where the hornets were discovered. Officials are urging homeowners and beekeepers to report suspicious sightings and help monitor for additional populations.

Residents looking to reduce stinging insect activity around their property may consider hanging WHY Traps, which is designed to capture multiple hornet and wasp species without attracting honeybees.

Homeowners and beekeepers can learn how to build monitoring traps, identify yellow-legged hornets and report sightings by visiting the NCDA&CS Yellow-Legged Hornet information page.

Tesla Launching Driverless Robotaxi Service in Charlotte To Compete Against Waymo

Charlotte is about to become the next major battleground in the driverless taxi race. Tesla is launching its Robotaxi service in the Queen City, setting up a head-to-head competition with Waymo as both companies prepare to offer autonomous rides.

Tesla has begun hiring AI Safety Operators in Charlotte to support testing and data collection for its Full Self-Driving technology. The positions involve driving engineering vehicles, collecting camera and audio data, and traveling as needed.

Tesla enthusiast Michael Konen just posted photos on X of 14 Cybercabs and 14 Tesla Model Ys with ‘Cybercab’ tags:

The launch comes as Waymo continues testing its own autonomous vehicles across Charlotte after months of development, creating a rare showdown between two of the world’s biggest self-driving companies.

Tesla already operates driverless Robotaxi service in Austin, Dallas and Houston, Texas, along with Miami, Orlando and Tampa, Florida. The company also has vehicles in San Francisco, where state regulations still require safety drivers behind the wheel.

Authorities Investigating Deadly Drowning at Lake Wylie Beach

Authorities are investigating after a person drowned in Lake Wylie over the weekend, prompting a search by divers near one of the lake’s busiest gathering spots.

The drowning was reported Saturday, July 25, at the popular sandbar near Bowater Park in Rock Hill, according to the York County Sheriff’s Office.

Deputies said a dive team returned to the area Sunday to search for additional evidence. Investigators recovered only beer cans from the lake bottom.

Officials have not said what led to the drowning, and the circumstances surrounding the incident remain under investigation.

The victim has not yet been identified. The York County Sheriff’s Office confirmed the death, and the York County Coroner’s Office is expected to release additional information in the coming days.

The investigation remains ongoing.

Cheesecake Factory Just Announced Plans To Open 3rd Charlotte-Area Location

One of America’s most popular restaurant chains is expanding in the Charlotte area once again. Concord Mills announced today that a new Cheesecake Factory will open at the shopping destination in 2026.

“We’re excited to welcome The Cheesecake Factory to Concord Mills as we continue to elevate the experience for our guests,” said Sarah Scire, director of marketing at Concord Mills. “This iconic restaurant has been on many shoppers’ wish lists, and its arrival reflects our ongoing commitment to bringing premier dining destinations and memorable experiences to the center.”

The opening will mark the third Cheesecake Factory in the Charlotte region, joining the longtime SouthPark Mall location and the restaurant at Birkdale Village in Huntersville.

The announcement comes as the company celebrates National Cheesecake Day on Thursday, July 30, and continues an aggressive national expansion. The new Concord Mills restaurant is one of 26 locations the company plans to open across the country in 2026.

Founded in 1978, The Cheesecake Factory has built a loyal following with an extensive menu featuring more than 250 made-from-scratch dishes. The restaurant is also famous for offering more than 30 cheesecake flavors.

The chain first entered the Charlotte market in 2002 with its SouthPark Mall location. It expanded again in 2023 with a restaurant at Birkdale Village.

The addition is expected to increase foot traffic at Concord Mills while creating new jobs. The outlet mall, which opened in 1999, spans approximately 1.4 million square feet and features about 190 stores, restaurants and attractions. It has continued adding new retailers and entertainment venues in recent years.

The Cheesecake Factory now operates more than 370 locations across North America and reported $3.8 billion in revenue last year, making it one of the nation’s largest upscale casual dining chains.