Booming development in South End is redefining Charlotte’s office market

CHARLOTTE — The office tower development boom in South End — where 10 major mixed-use projects are moving forward — promises to remake more than the suddenly flourishing submarket. It is redefining what is considered Charlotte’s central business district.

South End projects under development include: 110 East, 1301 at Centre South, 2825 South, Carson South End, Queensbridge Collective, The Line, The Quarter South End, The Station at LoSo, Vantage South End’s East Tower and an unnamed project at 1728 South Blvd.

This will add a total of roughly 3.4 million square feet of office space in South End by the time the projects are complete, according to data from CoStar Group. Chuck McShane, CoStar’s director of market analytics for the Carolinas, said about 1.2 million square feet is currently under construction, with the rest in the proposed phase.

Charlotte’s commercial real estate brokers, developers and analysts all believe the sheer volume of incoming, high-end office space is erasing the line dividing uptown and South End — and broadening the appeal of the city to tenants searching for spaces that will help them build the workforce of the future.

“It’s a testament to how attractive (South End) is ... There’s no doubt it’s on a national radar,” said John Ball, Foundry Commercial market leader and head of the office agency team. “It’s one of the most prominent submarkets in the entire Southeast from a development pipeline perspective, from a capital perspective, from the relocation of people living here.”

Keep reading here.

(WATCH BELOW: Development for affordable housing near South End runs into setback)

Development for affordable housing near South End runs into setback

©2022 Cox Media Group