Posted on January 16, 2019

Written by Joan Woodard

Posted on January 15, 2019

The City of Charlotte has set a February 25th Public Hearing date for a new Transit-Oriented Development (TOD) Zoning Ordinance, despite a key Building Height Bonus provision still undergoing revision.

State legislation passed last month at the conclusion of the 2018 session of the General Assembly means redevelopment sites in Charlotte are no longer required to include on-site stormwater controls if no additional impervious surface is created. A provision in SB 469, a Technical Corrections bill initially vetoed by Governor Cooper but ratified through a legislative override, specifically mandates the change to local stormwater ordinances, regardless of where a local government obtains its regulatory authority.

While a redevelopment exemption for stormwater has been state law for years, the City of Charlotte has previously required controls on all projects, citing its adherence to a federal NPDES stormwater permit that called for higher local standards. REBIC has long argued that stormwater controls should not be required on redevelopments where no additional impervious surface is created.

February 20, 2019 5:30 p.m. - 9:30 p.m.
Byron's South End
101 W Worthington Avenue
Charlotte, NC 28203

Join CREW Charlotte for a fun-filled night of networking with the most influential real estate professionals in the Charlotte area! Come play your favorite games at CREW's 13th Annual Casino and Gaming Night.  They'll have casino gamesas well as interactive games such as skee ball, pop-a-shot, giant Jenga and more!  Interested in sponsoring a game, dessert or beverages?  Please contact Patty Drummond. 

Posted on January 4, 2019

Posted on December 19, 2018

As companies collect and analyze more data, supply chains and warehouses operations will most likely be improved, trending towards transparency and efficiency. JLL identified six likely benefits of big data across the supply chain:

• Enhancing predictions and planning: What do customers want and when? Being able to predict the demand of shoppers can make supply chains and warehousing more proactive. Greater use of consumer spending data through algorithms should make supply chains more nimble and reactive.
• Keeping a closer eye on goods: Technological advancements mean it’s now easier to track and trace products than ever before. Track and trace systems will create more certainty along the entire supply chain.
• Getting more from distribution networks: Many businesses only review their distribution networks on an infrequent basis, often using incomplete data sets and with limited insights on developing trends. This is where big data could prove useful.
• Delivering goods more efficiently: The growth of e-commerce has meant that more packages leave warehouses than enter them; one box of gadgets from a wholesaler could go on to 10 or more separate addresses. Being able to improve scheduling and routing of deliveries is a potential cost cutter especially when it involves multiple drops.
• Reducing risk from the elements: Big data can help lessen supply chain risk from external factors – such as the weather.
• Creating smart warehouses: Another way to improve efficiency and cut costs is within the walls of the warehouse itself. More connectivity – for example through new 3D digital tools – can boost the efficiency of operations inside, as well as energy performance.

Posted on December 18, 2018

By Brielle Scott

Posted on December 17, 2018

The Forums provide a unique opportunity for members to openly discuss project challenges, business opportunities and lessons-learned in a confidential and non-competitive setting. Over time, fellow members become a trusted circle of advisors.

Posted on December 14, 2018

GOVERNING reports that Amazon’s decision to locate its second headquarters in already economically strong areas drew the ire of those who had hoped the company would choose a city that needed a boost. However, landing a large corporation isn’t the best way to improve a local economy and spur job growth. The article cites a report by the Urban Institute and the Brookings Institution that advised cities to concentrate on growing existing business and not luring outside companies. “Most job expansion and contractions come from birth and deaths of homegrown businesses or expansion or contractions of existing home-based businesses,” said Megan Randall, a coauthor of the report.

Posted on December 13, 2018

By Dr. Hany Guirguis and Dr. Joshua Harris

Posted on December 12, 2018

By Andy Cohen

Posted on December 11, 2018

Lawmakers return to Washington, D.C., this week to continue their post-election lame-duck session. It isn’t clear exactly what issues they will deal with, but taxes and spending are major concerns.

Posted on December 10, 2018

By Richard Sarkis

Posted on November 21, 2018

The NAIOP Research Foundation has published the NAIOP Office Space Demand Forecast for Q4 2018.

Posted on December 7, 2018

By Brielle Scott

Posted on November 20, 2018

The NAIOP Research Foundation has appointed Richard Buttimer, Director of the Childress Klein Center for Real Estate and John Crosland, Sr. Distinguished Professor at UNC Charlotte, as a Distinguished Fellow.  The Research Foundation’s Distinguished Fellows Program engages the nation’s foremost commercial real estate, economic and public policy experts.  During his participation in this esteemed program, Dr Buttimer will participate in NAIOP events and programs, as well as participate in research, presentations and industry task forces.

Posted on November 19, 2018

NAIOP Charlotte hosted its third annual Battle of the Bands on Thursday, November 1st and it was a hit! This commercial real estate fundraising event benefitted The Harvest Center. Three bands battled it out for the title of Best Band at the year’s premier networking event. Great food, drinks and music. 

Posted on November 8, 2018

By: Christopher Lee

Posted on November 7, 2018

President Donald Trump and Republican lawmakers are promising to pass legislation to deliver further tax relief for the middle class.