A number of local developers have submitted rezoning petitions to city officials in the last month as the market in south Charlotte continues to attract builders and businesses.
Five new petitions have sought rezoning in south Charlotte since late March, with developers proposing a small townhome neighborhood at the corner of Carmel and Colony roads, a multi-story office building with retail and restaurant uses on Morrison Boulevard, 40 more hotel rooms at the Spring Hill Suites in Ballantyne and a mixed-use project off Park Road, among other proposals.
South Charlotte remains a hot ticket for developers, but how long that will last might depend on how much room is left in the area.
“I see it continuing, but I also see the fact that we’re running out of developable land” in Ballantyne, local advocate Ray Eschert said. “It’s getting tighter and tighter. I think MetLife (moving to Ballantyne) was a major impact on the area because it certainly sent the message out to other possible developers and businesses” that south Charlotte is worth considering.
The new proposals don’t include the planned Waverly mixed-use project on nearly 90 acres near Interstate 485 and Providence Road in south Charlotte. The project, which would include a Whole Foods Market, townhomes and apartments, among other commercial, residential and office options, could come before Charlotte City Council for a vote April 28, a Monday. The agenda for that meeting has not been released.
A proposed 50,000-square-foot medical and professional office development for the intersection of Ardrey Kell and Marvin roads also should be discussed on April 28, and 9,000 square feet of retail and office space at 7820 Ballantyne Commons Pkwy. should be discussed May 19.
The Providence Road corridor could be the next to experience heavy growth, Eschert predicts, with the Waverly project and news that the old Charlotte Golf Links course at 11500 Providence Road will likely be redeveloped in the next few years. But major development like that in Ballantyne may only come in the Ballantyne Corporate Park – where there is still some space for high-rise office buildings – while the remainder of the area is running low on space.
“Within Ballantyne, it’s very, very difficult to find any land that is large enough to really carry a major development at this point,” Eschert said.
Projects proposed in the last month include:
• Thirty-five single-family attached townhomes and one single-family unit could be built at the southwest corner of Carmel and Colony roads by Copper Builders. The majority of the buildings would be situated along Colony Road with an interior road spanning the buildings with entrances on Carmel and Colony roads, according to a preliminary site plan submitted to the city. The majority of the surrounding property is zoned for single-family homes. A public hearing before Charlotte City Council is scheduled for June 16.
• A multi-story office building could be built at the southwest corner of Morrison Boulevard and Park South Drive on what currently is a parking lot near Dillard’s and the Residences at SouthPark. The office building, at 193,000 square feet, would be no higher than 220 feet as proposed. The proposal calls for up to 15,000 square feet of floor space for retail and restaurant uses. City council also is expected to discuss the project on June 16.
• The Drexmore Park project, near the southwest corner of Park and Woodlawn roads, could add six attached townhome units, structured parking and a six-story building that would include up to five multi-family units and up to 10,000 square feet of retail, restaurant, commercial and/or office, according to the site plan. The project also is due to be discussed June 16.
Rezoning meetings take place at the Charlotte-Mecklenburg Government Center, 600 E. 4th St. All rezoning petitioners must host community forums near their proposed project prior to the meeting.