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Charlotte is seeing a new trend in Uptown condominiums. The Charlotte condominiums trend starting slowly taking off in the 1990s, when condos were gaining popularity in all major American cities. The development of new condominiums in Charlotte began to take off along the North Tryon Street corridor at first, and stretched out from there. South Tryon saw a boom in condos for sale in 2002 when a 10-story high-rise building of new condos was built.

The center city population in Charlotte, which is about 11,000 today, could exceed 21,000 by 2010 with the addition of all these new condos according to the Charlotte Center City Partners. South Tryon is poised to get its share of those condominiums residents. South Tryon apparently has a lot of real estate appeal. Luxury condominiums worth $1 million or more have even appeared on the South Tryon real estate market. The attraction of Charlotte condos could improve significantly over the next few years as a park and possibly a baseball stadium will be developed in Third Ward. South Tryon is the boundary between Third Ward and Second Ward, which also anticipates more residential and commercial development by later in the decade, including more condos for sale. Charlotte provides an interesting market for new condos. While many cities call their central business district “downtown,” Charlotte calls its central business district “Uptown.”

This is a late 20th century name given to the original city, which in the 19th century was divided into four political wards. Today the First and Fourth Wards are largely residential, with Fourth Ward housing the majority of Charlotte's remaining 19th century Queen Anne architecture. New condos often try to mimic the design of older architecture with modern elements. At the center of Uptown is The Square, the intersection of Trade and Tryon Streets and the point of convergence of all four wards. Many of the city's skyscrapers are located Uptown, as well as Bank of America Stadium, home of the Carolina Panthers, and the Charlotte Bobcats NBA arena.

This is where many new condos are being developed, to put residents closer to their places of employment and all the amenities of the city. Johnson & Wales University, the Museum of the New South and the Mint Museum of Craft and Design can also be found here, as well as the city and county government district. Being close to all that the city has to offer makes the Charlotte condominiums attractive to property buyers. It is far more convenient to locate yourself closer to all these businesses and other amenities than to purchase property in the suburbs and commute to work and city attractions. Uptown is becoming a smarter city area with the addition of all the well-planned Charlotte condominiums to accommodate new residents and employees of new Charlotte businesses.