Why isn't there any packages folder in my .NET Core solution's containing folder?

Question

Are packages now cached in a more shared location somewhere or what?

My solution folder is devoid of any packages folder:

Answer 1

Per project: References->Nuget dictates what packages are referenced and restored. But, as Eastrall mentioned, the packages folder is now global and located in your user folder: C:\Users\[YourUsername]\.nuget\packages