City of Raleigh reveals three options for convention center expansion
Expansion is one of three city-supported projects to remake southern end of Downtown
City officials have released renderings showing three potential designs for the expansion of the Raleigh Convention Center in Raleigh, North Carolina, part of a larger remake of th...
North Carolina now fifth-fastest-growing state in the country
Domestic migration accounts for more than 75% of its population growth
North Carolina is one of the fastest-growing states in the country. Vibrant areas such as Charlotte, Raleigh and Wilmington have been successful in attracting people from across th...
Medical staffing company signs one of Raleigh's largest office leases this year
Weatherby Healthcare chooses amenity-rich North Hills for new office
A company that specializes in providing staffing for hospitals and medical practices in rural communities is expanding its operations in Raleigh, North Carolina, after signing one ...
Wolfspeed in line to receive $1.5 billion through CHIPS Act, private group for US expansion
Proposed funds to be used to support domestic production of chemical compound used in EVs, data centers
The U.S. Department of Commerce and an investment group led by Apollo Global Management have proposed providing Wolfspeed up to $1.5 billion as part of a push by the U.S. governmen...
Johnson & Johnson to build $2 billion manufacturing campus in eastern North Carolina
Pharmaceutical giant's new plant expected to create 420 high-paying jobs
Johnson & Johnson is planning to invest more than $2 billion to develop a new pharmaceutical manufacturing campus in North Carolina that would allow it to tap into one of the large...
Most available retail space in Raleigh is in older properties
Over half of the market’s available retail space was built before 1990
A population boom in Raleigh North Carolina, is driving retail demand in the fourth fastest-growing market in the country. However, developers’ inability to keep up has made it dif...
Apartment rents in Raleigh decline again
Rents are at 2020 levels when adjusted for inflation
The average rent for an apartment in Raleigh, North Carolina, is lower than it was a year ago, marking the fifth quarter in a row of negative annual rent growth in the market.
Office construction in Raleigh falls to lowest level in over a decade
Low demand, high construction costs result in fewer groundbreakings
Office construction in Raleigh, North Carolina, is on track to fall for the sixth quarter in a row and is now at its lowest level since 2013 as developers remain reluctant to break...
Wave of new units forces Durham apartment owners to offer better deals
Rents in North Carolina city fall as national rates continue rising
Annual apartment rent growth fell for the fifth consecutive quarter in Durham, North Carolina, as multifamily owners continue to be forced to bring down prices to remain competitiv...
Raleigh Apartment Vacancy Rate Declines for First Time in Nearly Three Years
Vacancies Continue Rising Nationally and in Regional Peer Markets
Raleigh, North Carolina's apartment vacancy rate declined for the first time in nearly three years as demand caught up to the wave of new construction over the past few years.
City Picks Peebles To Redevelop Former Durham Police Headquarters Into Mixed-Use Complex
Florida Firm's Proposed $285 Million Remake Includes Apartments, a Hotel, and Retail and Lab Space
The Durham City Council has selected a preferred development team in its ongoing efforts to replace the city's former police headquarters in downtown Durham, North Carolina, with a...
Apartment Vacancy Rate Reaches Record High in Durham, North Carolina
Vacancies Highest Among Luxury Apartments
The apartment vacancy rate in Durham, North Carolina, has hit a record high as elevated demand has failed to keep pace with a spike in construction.
Developers Break Ground on World’s Largest Racquet Sports Complex
Swing Racquet + Paddle Is Expected To Open in Raleigh, North Carolina, in 2026
Construction on what’s being touted as the largest racquet sports complex in the world is now underway in Raleigh, North Carolina.
Raleigh’s PNC Arena Renovation Plan Revealed
The $300 Million Upgrade Could Pave Way for Larger Mixed-Use District Near Arena
New details have emerged on the highly-anticipated renovation of Raleigh, North Carolina’s PNC Arena.
VinFast Plant, One of North Carolina's Largest Projects, Delayed Until 2028
Vietnamese Automaker's $4 Billion Facility Becomes Second Major State Project To Hit Setback
Vietnamese electric vehicle manufacturer VinFast is delaying the completion of its North Carolina manufacturing plant until 2028, the second setback for one of the largest economic...
Memphis Has Below Average Years of Apartment Supply
Market Has Benefited from Lack of Overbuilding That Plagues Other Regions
Note: A previous version of this analysis was written based on erroneous data. The article has been updated to reflect the corrected data.
Construction Wave Puts Raleigh, Charlotte Among Markets With Most Years of Apartment Supply
Demand Has Picked Up, but Supply Glut Persists in North Carolina’s Largest Markets
An unprecedented wave of apartment construction has led to rising vacancies and slowing rent growth in many fast-growing Sun Belt markets over the past year. Now, as the constructi...
Ozempic Maker Plans Record Investment for New North Carolina Plant
Novo Nordisk's $4.1 Billion Project Represents Largest Life Science Investment in State's History
The Danish pharmaceutical company behind the high-profile drug Ozempic is set to invest $4.1 billion to develop a massive fill and manufacturing plant in Clayton, North Carolina, a...
Kyowa Kirin To More Than Double Investment in North Carolina
Japanese Pharmaceutical Company To Build $530 Million Manufacturing Plant in Sanford
Kyowa Kirin is doubling down on its bet in North Carolina just months after selecting the state to house its first North American pharmaceutical manufacturing complex.
Electric Vehicle Charging Company Picks Durham for Global Headquarters
Ionna's North Carolina Facility Expected To Create Over 200 High-Paying Jobs
North Carolina’s electric vehicle cluster is growing once again after charging station developer Ionna said it would make Durham, North Carolina, its global headquarters, creating ...