Charotte Commercial Real Estate Whispers — June 17, 2024

Big warehouse deal near the airport will preserve 2 historic buildings; 110 East will have plenty of retail, too; Charlotte connections to Atlanta price-fixing raid; Finance bill clears committee

Welcome to another pulse-quickening installment of Charlotte Commercial Real Estate Whispers, our occasional column that takes you inside Charlotte building sales, construction permits and developers’ plans. It offers unrivaled insights and the freshest local real estate information, leaving you tantalized, delighted and eager for more.

◼️ Deal near airport would allow nearly 1 million s.f. of warehousing and preserve historic structures

The Charlotte City Council is expected to approve two related rezonings tonight that would smooth a deal among the airport, a warehouse developer and the Historic Landmarks Commission to preserve a couple of historic properties just south of the airport.

The rezonings would allow Foundry Commercial to develop land near the old Steele Creek Presbyterian Church and cemetery, off Steele Creek Road. Plans submitted to the Charlotte-Mecklenburg Historic Landmarks Commission show seven buildings surrounding the church totaling about 900,000 s.f.: