North Carolina County Approves Rezoning 200 Acres That Could Host A Casino

County Commissioners in North Carolina approved rezoning nearly 200 acres of land that could host a casino.  Almost all neighbors in the area are not happy.

Rockingham County officials voted unanimously to allow the 192 acres of land currently zoned as agricultural to be rezoned. The new zoning would be for highway commercial. The land is expected to host one of four potential casinos.  If I may add something personal here.  I live on 109 acres of land that is zoned agricultural.  I own only a few of those acres. The rest belong to a neighbor. If she were to sell her land and it got rezoned from agricultural to highway commercial it would be devastating.

As expected, neighbors implored the board to reject the rezoning request and close the door on plans for a casino and entertainment district.  Naturally they are worried about traffic in the primarily residential and rural area according to the Charlotte Observer.

Approve it they did and now the process starts for development to begin. However and this is a big however, state lawmakers in Raleigh will need to approve the construction of the casinos.  Some legislators have been batting around a proposal that would allow four new casinos to be built.  Here is where they would go: Rockingham County, Anson County, Nash County and a fourth to be run by the Lumbee tribe.

People who live in the  area have concerns.  One of them is the area of the rezoning reportedly includes a camp for children with special needs.  That camp has served the community for forty years.  If the land is used as newly planned the influx of traffic will clog up roads that serve as the entry way for many local residents. A North Carolina county approves rezoning nearly 200 acres that could host a casino.  Understandably many residents in the proposed area are not happy about it. To learn more get details from the Charlotte Observer right here.

Everywhere you look it seems like new homes are popping up. They take a lot that had one home on it and suddenly there is a whole new street and neighborhood. Take a drive around Charlotte in Southend and it's incessant with new apartments being built. While this growth is obviously wonderful for the economy, it's not great for traffic! And as many as they are building it's still not enough. The real estate market in Charlotte is showing no signs of slowing down. The experts at Construction Coverage recently conducted research on the cities that are showing building the most new homes. And two North Carolina cities made the top 10 with the most new homes nationwide. These rankings are among major metros.

So how were these rankings compiled? According to Construction Coverage, researchers first analyzed the latest data from the U.S. Census Bureau and Zillow. From there researchers ranked metro areas "according to the number of new housing units authorized per 1,000 existing homes in 2022." If there was a tie, "the metro with higher total new housing units authorized in 2022 was ranked higher."

In addition to North Carolina, Florida and Texas were well represented on this list. A city that's growth has seemingly paralleled Charlotte (but in a neighboring state) also ranked in the top 5.  This research also was applied to small and medium metro areas as well and a few North and South Carolina metros made those lists. Below you'll find the top large metros and some details about why they ranked where they did. And the end you can find a list of the other North and South Carolina small/medium metros and where they ranked for new homes built. The research also went deeper into trends, shortages, and more. You can read the full study and rankings here.

Charlotte ranks number 8 on this list with 23.9 new housing units authorized per existing 1,000 homes. In 2022 the Charlotte Metro Area built 27,212 new homes. The median home price in the region is $369,590.

The median home price in Orlando is $388,191. In 2022 28,638 new homes were constructed. And 25.7 new housing units were authorized per 1,000 existing homes.

Coming in at number 6 with a whopping 77,894 new housing units authorized in 2022 is the Dallas region. There were 25.8 new units authorized per 1,000 existing homes. And the median price? $376,026.

Staying in Texas to crack the top 5 with the Houston Metro. A much lower median home price of just $306,423. 75,728 new housing units were approved with is 66.8 per 1,000 existing units.

Our second Florida city on this list is Jacksonville with a median home price of $355,024. There were 32.6 new housing units approved per 1,000 existing which comes to a total of 23,169.

Coming in at number three is a city that's growth has seemed to parallel Charlotte's a lot. Nashville has one of the highest median home prices at $436,866. 28,192 new units were authorized in 2022, which is 32.8 per 1,000 existing,

If it wasn't Charlotte, well you knew it had to be our state's capital city. The median home price in this area is surprisingly higher than Charlotte at $433,469. 36.2 new units were approved in 2022 per 1,000 existing which equated to 21,568 new units.

And Austin Texas takes the title with 42,364 new homes approved which is 42.5 per 1,000 existing. These homes will run buyers a median price of $487,537. Is it too late to get involved in the Austin real estate market?

Small Metros

Median Metros