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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.
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In today’s edition:
Neighbors gear up to oppose rezoning petition filed by north Mecklenburg developer not unfamiliar with backlash; ‘I get attacked nonstop’
Potential Wegmans site in Cornelius may need to be rezoned
Area Median Income levels are rising in Charlotte
Grubb Properties considers change at NoDa site
Tenant shakeup brewing at Elizabeth retail center
Nominations now open for CREW Charlotte awards
And a wrap-up of land deals and real estate news from us and other sources
Community gears up to fight Huntersville rezoning by north Meck developer who is accustomed to opposition
The site plan included in a Huntersville rezoning petition by Bi-Part Development that calls for a car wash, gas station and related uses. Neighbors, including John and Kelsey Huffman, abut the property and say the proposed use isn’t appropriate for their neighborhood. (Screenshot from site plan included in Town of Huntersville documents)
North Mecklenburg developer Jake Palillo says he has about a dozen projects in various stages in Huntersville and Cornelius. A majority of those, according to him, are by-right development, meaning they don’t require a rezoning.
But when one of his projects does require a rezoning, backlash seems almost inevitable. It’s perhaps a function of developing property in suburban communities these days, but some of Palillo’s plans have drawn more ire than others.
Most notably, there was the $800M Lagoona Bay development, which was canceled in 2023 for myriad reasons. Then, his firm, Bi-Part Development, proposed a car wash as part of a rezoning for the site of The BoatYard in Cornelius — a project that failed to get off the ground after a committee meeting with the town.
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