Charlotte Commercial Real Estate Whispers — Sept. 4, 2024
City of Charlotte to push for 'missing middle' housing; Building permit for InterContinental Hotel; 110 East switches leasing companies; Little opposition to big SouthPark development
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.
Charlotte planners eye changes to the UDO to encourage more duplexes, triplexes and other non-single-family options; new rules to be proposed in early 2025
Charlotte’s planning department is starting to study potential adjustments to the year-old Unified Development Ordinance that seek to increase the number of duplexes, triplexes and townhomes, which the city is calling “missing middle” housing.
The idea is that Charlotte has long had single-family neighborhoods and large apartment complexes but relatively few examples of anything in between. Changing rules to encourage more in-the-middle types of housing, the thinking goes, would provide more options and help with affordability.
At a presentation to a City Council committee on Tuesday, city planning staff said they were in the beginning stages of identifying a new round of changes to Charlotte’s development ordinance, which they characterized as a natural process of tweaking rules as they learn how developers are responding. This spring, the city altered rules on large lots. This latest phase would address rules on smaller and infill lots.
