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Wall Street of the South Braces for Hurricane Florence

Wall Street of the South Braces for Hurricane Florence

Charlotte built everything it needed to become banking capital of the South: gleaming office towers on a hill surrounded by parking lots, freeways and the assorted concrete markers of rapid development. Hurricane Florence and its floods may reveal the cost of the North Carolina city’s rush to build. The impact will be worsened by this city’s “growth is good” philosophy, according to Mary Newsom, director of policy initiatives at the University of North Carolina-Charlotte’s Urban Institute.