Today’s Real Estate Whispers is sponsored by The McIntosh Law Firm. At The McIntosh Law Firm, we offer experienced legal guidance in real estate development, property revaluation appeals, government relations, land use, estate planning, and business law—helping clients navigate complex legal and regulatory challenges.
Welcome back to our weekly look at Charlotte real estate and development news. Charlotte Commercial Real Estate Whispers is the best way to get the latest dirt on transactions, rezonings and projects happening across the Queen City.
We have got a packed issue for you today! As always, if you have something juicy to Whisper about, send me a note at [email protected].
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In today’s edition:
How Charlotte developers who’ve done car-free developments here say it’s going
Plans are shaping up for Charlotte’s first mass-timber office building
The Q1 office market, by the numbers
Crosland Southeast files a rezoning petition by the airport
And a wrap-up of land deals and real estate news from us and other sources
Car-free developments are gaining traction in notoriously car-centric Charlotte. What developers who’ve been local pioneers in this space say they’ve learned.
The Joinery in Optimist Park does not have dedicated structured parking for tenants, although it does have a few spots within the property for retail visitors. (Photo by Ashley Fahey/The Charlotte Ledger)
It’s long been thought that to get anywhere in Charlotte, you need to own a car. But within the past few years, some Charlotte real estate developers have banked on the thesis that enough Charlotteans can live a car-optional — or even fully car-free — lifestyle.
Still, car-free development remains a mostly nascent thing in Charlotte, even from those who’ve built those projects here.
The first apartment development to open in Charlotte without any dedicated parking for residents was The Joinery, a 443-unit, multi-phased project in Optimist Park by Space Craft. It was followed by Grubb Properties’ Link Apartments Cykel project in west Charlotte, a 104-unit development highly controversial with the Seversville neighborhood when it went through its rezoning a few years back.
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