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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:
Charlotte’s data center moratorium now goes until October 2027. When that lifts, will data centers get built here? If so, where?
Where The Clearing House Payments Co. has its sights for its local office
How Charlotte office lease-up timing stacks up to financial competitors
Rendering: Apartments breaking ground soon in north Charlotte
And a wrap-up of land deals and real estate news from us and other sources
Once the moratorium is finished, where in Charlotte could data centers realistically land?
Charlotte City Council on Monday night unanimously approved an extension of the city’s moratorium on new data center developments until Oct. 18, 2027, a more than 11-month extension of the measure that was set to expire next week.
The thought behind the moratorium extension is, ostensibly, to give state lawmakers more time to create legislation and “guardrails” around data centers across North Carolina, or to return certain powers — namely “downzoning” — to the purview of local governments.
Although a development moratorium remains fairly unprecedented in Charlotte, the city is certainly not the only municipality in North Carolina that has hit pause on data center development. In the Greater Charlotte region, moratoriums on data centers are in places such as Waxhaw, Statesville, Kings Mountain, Lincolnton and Rowan County, according to a data center site tracker.
But once the moratorium is over, will data centers get built in Charlotte — and where?
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