Charlotte Local Pulse: Capital Group Hub and Metro Growth to 3 Million
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Charlotte Local Pulse: Capital Group Hub and Metro Growth to 3 Million
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We're starting this morning with some exciting economic news for our city. Governor Josh Stein announced yesterday that Capital Group, one of the world's largest asset managers, will be establishing a major East Coast operations hub right here in Charlotte. This is a huge win for our banking sector reputation. The project will bring around 600 new jobs to the region with an anticipated annual payroll impact of more than 116 million dollars. Over the next twelve years, economists project this will grow our state's economy by over five point two billion dollars. It's the kind of development that shows why Charlotte continues to be such an attractive destination for major corporations.
Speaking of growth, our city is booming. New Census Bureau estimates show the Charlotte metro area is now closing in on three million residents. We've added nearly 280 thousand people since April 2020, making us the seventh fastest growing metro in the entire country. Just in the past year alone, we've welcomed 54 thousand new neighbors. That's a remarkable surge of talent and energy flowing into our community.
On the crime front, federal authorities wrapped up a significant case yesterday. Two Charlotte men were sentenced to prison in connection with a multi-state stolen luxury vehicle ring and drug trafficking operation. Andre Lamar Sumner was sentenced to seventy months in prison, while Erren Woodson received fifty-one months. The conspiracy involved millions of dollars in high-end vehicles and large quantities of marijuana trafficking.
For our sports fans, we've got an exciting weekend ahead. The Charlotte Hornets are hosting the Boston Celtics at Spectrum Center on Sunday evening at six o'clock. If you're looking for baseball, the Charlotte Knights take on the Durham Bulls tonight at Truist Field downtown at seven oh four, with games continuing through the weekend. Meanwhile, our forty-niners are playing host to some quality competition. The baseball team faces South Florida tonight at six and continues the series through Sunday. Our softball team is taking on North Texas with games tonight and tomorrow, and if you're a tennis fan, the men's team faces Rice this morning at eleven at Life Time Fitness over on Golf Links Drive.
There's also some soccer action coming up tomorrow night when Carolina Ascent FC takes on Fort Lauderdale United at American Legion Memorial Stadium.
We're tracking weather conditions today that should be pleasant for all these outdoor activities, though you'll want to check your local forecast for any changes through the weekend.
This has been Charlotte Local Pulse. Thank you so much for tuning in and don't forget to subscribe for your daily local updates. This has been a Quiet Please production. For more, check out quietplease dot ai.
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