CHARLOTTE — More than 4,000 people moved to the center of Charlotte in the last year.
According to the Charlotte Business Journal, developers said they are slowing down on construction.
[ ALSO READ: Growing Gastonia: Charlotte’s population boom spreads across the Catawba River ]
This comes after a surge of more than 1,300 apartments in five years.
The number of new apartments in places like Uptown and South End is expected to decline by 30% this year, according to the Business Journal.
VIDEO: Growing Gastonia: Charlotte’s population boom spreads across the Catawba River
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