Corporations eye Hidden Valley’s single-family homes.

This brick sign marks an entrance to Charlotte’s Hidden Valley neighborhood. Built in the late 1950s, the neighborhood sits between Sugar Creek Road, Tom Hunter Road and North Tryon Street, about 5 miles northeast of uptown.

This brick sign marks an entrance to Charlotte’s Hidden Valley neighborhood. Built in the late 1950s, the neighborhood sits between Sugar Creek Road, Tom Hunter Road and North Tryon Street, about 5 miles northeast of uptown.

[email protected]

Sandra Springs can’t escape offers from corporations to buy her home.

In 1989, when she and her husband bought their five-bedroom house in Hidden Valley — a predominantly Black community in northeast Charlotte — it cost them $65,000. After moving there, the couple developed lasting friendships with neighbors and grew to love the community where they raised their family.

Today Springs watches homes nearby her house sell for upwards of $400,000. While it’s not always clear who is buying them, offers at her own doorstep have yet to slow down. .

“I get post cards, letters, and I of course tell them no,” Springs, 68, said. “Then they ask me, do

Read More