Article

New Hotel Development in Charlotte, NC - 2015

Written by Rafey Mahmud

Topic: Real EstatePublished February 13, 2015
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Exit #46, Mallard Creek Church Rd, from I-85 in Charlotte is the best place for new Hotel development. Mallard Creek Church Rd is the first exit into the city of Charlotte. It leads straight to University of North Carolina Campus on one side and University Research Park on the other. The exit ramps have been reconstructed with two lanes each, and side street lights added in 2014.

Coming into Charlotte on I-85, Exit #49 is the Concord Mills Blvd, next Exit #48 is the 485-loop interchange, which is ready to open in spring of 2015. Next, Exit #46 (The first exit in City of Charlotte) is the Mallard Creek Church Rd, followed by Exit #45 Harris Blvd.

Exit #49 has the following Hotels:
Sleep Inn & Suitesr
Hilton Garden Innr
Wingate by Windhamr
Courtyard by Marriottr
Hampton Inn & Suitesr
Embassy Suitesr
Holiday I

Expressr
Comfort Suitesr
SpringHill Suitesr
Residence Inn
Great Wolf Lodger
Suburban Extended Stay

Exit #45 has the following Hotels:
Hiltonr
TownePlace Suitesr
SpringHill Suites
Courtyardr
Drury Innr
Holiday Innr
Sleep Innr
Residence Innr
Hampton Innr
Homewood Suitesr
Country Inn & Suites
Microtelr
Extended Stay Americar
Comfort Suites

Both exit #49 and exit #45 are crowded, saturated and over-priced. It makes perfect sense, with the completion of the 485-loop, UNCC expanding, and absence of a single Hotel on exit #46, to build new Hotels on this exit. Exit #46 is also a major route to Charlotte Motor Speedway.

The North Carolina economy grew at a rate much stronger than expected during the second half of 2014 signaling significant potential growth in 2015, UNC Charlotte economist John Connaughton reported today in his quarterly forecast for the state. UNC Charlotte has seen explosive growth with enrollment increasing by 80 % and 1 billion dollars spent on new construction in last 10 years. There is no stopping the expansion of UNC Charlotte.

Article author

About the Author

Rafey Mahmud is an Electrical Engineer and a Businessman in Charlotte. http://www.CharlotteMeetingRoom.com

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