Monday, June 22, 2009

Charlotte's Belmont Community

Since investing in a home in the community, and having gone to church there as well, I have become very close to the community of Belmont. Not to be confused with the Town of Belmont in Gaston County, it is located just outside Charlotte's Center City and the I-277 loop, bordering 1st ward to the east, and Villa Heights to the west. The community is currently undergoing a revitalization much similar to other rebirths that took place in Wilmore, Wesley Heights, and Elizabeth.

There have been several new mixed income housing projects completed in the past few years, perhaps the most extravagant being Seigle Point, which sits right on the up and coming Sugar Creek Greenway. In 2003 the city put into place the "Belmont Revitalization Plan" which included several million dollars in infrastructure grants, and low interest subsidies for private commercial and residential revitalization of the area. Real Estate prices in the area have been on a steady incline over the past decade, and don't show any signs of slowing down anytime soon, Belmont's future is certainly looking bright!

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