Northlake isnt actually in the middle of posh neighborhoods. Its centrally located between uptown which is growing like mad, Northwest charlotte, which is mostly starter home communities, Lake Norman which as you know is very posh, and University City which is home to UNCC, University Research Park and homes that average say $180,000. Anyway, it will be interesting to see things evolve around Northlake.
More interersting to me is how soon The Bridges at Mint Hill will become reality. Its in a totally different part of Charlotte, but its been 10 years since a traditional mall like Northlake has been built in Charlotte(not including Concord Mills, which is like Discover Mills in Atlanta). Sources are saying 2007 I think for The Bridges. 2 major malls built within 3 or 4 years of one another will be amazing for the Charlotte market. I know thats the norm in Atlanta isnt it?