Speaking of the housing market:Ā Meritage Homes Corp. officially has the support of Gastonia City Council to build over 500 homes there.
Why it matters:Ā The approval from the City Council allows Meritage to proceed with its plans to build a large number of homes in Gastonia, which will contribute to the region's housing market and economic growth.
The newly approved zoning allows for up to 526 homes to be built on the 219-acre site at 637 Union New Hope Road.
The big picture:Ā Meritage, one of the most active homebuilders in the region, has been expanding its portfolio and acquiring sites in various counties to meet the growing demand for single-family homes.
What's next:Ā Meritage will proceed with its plans to build the Union Mill project in Gastonia, contributing to the region's housing market and economic development.