Business owners in Plaza Midwood are hopeful new construction will boost their economy. 

Eyewitness News looked at the new sites and found out why developers chose the area as their new home.

It's located just two miles outside of uptown, but if you look around as you drive through, you'll see Plaza Midwood bustling with construction. 

The Common Market owner, Blake Barnes, said the noise is music to his ears. He's looking forward to what it means for him.

"It's just bringing more and more customers in. It’s creating a neighborhood that was already bike and walking, and make it even more of that type of neighborhood," Barnes said.

Eyewitness News counted three new businesses under construction: two apartment complexes and a Harris Teeter grocery store. Also new to the area are restaurants Volume Lounge and The Peculiar Rabbit. The two new venues and Jackalope Jacks, also in Plaza Midwood, are all owned by the same person. Volume general manager Brian Donovan said the owner picked it because of its location.

"It's got great atmosphere in this whole neighborhood, great variety,” he said.

The apartments being built across the street from Volume Lounge will be called the Edison. The 53-unit building should be complete in April. 

About a block away, Eyewitness News found a construction crew at what will be called The Nook Apartments. The multi-story building will be 24 studio, one- and two-bedroom apartments.  The unique thing about the apartment complex is that it will be one of the first multi-use developments to come to the area. Retail will be located on the ground floor and the apartments will be above.

The Edison's developer said he picked it because of its location and its proximity to other businesses. Everyone Eyewitness News spoke to agrees.

"You can park in one place and basically you can hit five or six things while you're here. It's almost like a mall but it's all outdoors," Barnes said.

The area also attracts people because of its diversity and history.

"I think these businesses are great for everybody. It gives people more jobs and the people who live around here more things to do," Trip Alley said.

The Harris Teeter is set to open in May, while the Nook Apartments are slated for the end of July.