Do you frequently use or reference Charlotte’s development regulations?

The City of Charlotte, Department of Planning, Design, and Development will hold two conversations on Tuesday, January 4, 2022, to respond to development and design-related questions about the UDO. While we are calling all professionals who regularly use development regulations in Charlotte, all are welcome to attend.

To ensure that all questions are addressed during this conversation, questions must be submitted in advance through the registration page or via email to [email protected] before next Tuesday, December 28, 2021. We will host two of these conversations from 12-1 p.m. and 6-7 p.m. Join the virtual conversation that best fits your schedule!

originally published by REBIC with permission to repost on CRCBR.

2022 Elections Update (Again)

Things have certainly remained messy since our email newsletter went out last Tuesday.

originally published by MARIE RUFF  for NAIOP National

Industrial real estate contributes valuable jobs and services to the economy but is not always well understood by the local community. Concerns about traffic and adjacent land uses may also exist. In a session at NAIOP’s I.CON East in Jersey City, New Jersey, this week, a panel of experts discussed effective practices for engaging with local officials, decision-makers, and community members about the role of industrial facilities as a “good neighbor.”

Read the Full Article Here!

originally published by SHAWN MOURA, PH.D. for NAIOP National

Low cap rates and rapidly rising rents reflect industrial real estate’s status as the leading sector in commercial real estate development. Record levels of capital are flowing to industrial real estate while tenants are willing to pay higher rents to secure additional inventory and shorten delivery timelines.

originally published by KATHRYN HAMILTON, CAE for NAIOP National

On a seven-mile stretch of Arkansas roads this fall, retail giant and tech innovator Walmart began testing a new type of delivery truck: autonomous vehicles running a loop route that requires the truck to navigate intersections, obey traffic lights and merge on dense roadways. Notably missing? A driver. These trucks are the first ever on the roads without a safety driver.

Read the Full Article Here!

originally published by JEFF ZBAR for NAIOP National

The years leading up to the pandemic were hot for cold storage. It only promises to grow going forward.

originally published by LUCIAN ALIXANDRESCU for NAIOP National

After the initial shock of the pandemic, industrial real estate emerged as one of the asset classes least affected by the ensuing economic downturn. While the causes are multifaceted, the sudden spike in demand for products ordered and curbside pick-up meant that retailers — both online and brick-and-mortar — scrambled to secure the space they needed to fulfill the influx of new orders.

Read the Full Article Here!

originally published by REBIC with permission to repost to NAIOP

#1) 2022 Elections: Filing Begins Next Week

originally published by City of Charlotte with permission to repost on NAIOP Charlotte

City Releases Easy to Understand Reference Guide of Unified Development Ordinance

CHARLOTTE, N.C. (Nov. 24, 2021) – The City of Charlotte on Wednesday released an easy-to-understand reference guide of the first draft of the Unified Development Ordinance.

The Charlotte Department of Transportation (CDOT) has released for public review and comment a draft of the Comprehensive Transportation Review (CTR) Guidelines. 

These guidelines are a key component to implementing the 2040 Plan and the Unified Development Ordinance (UDO).  As stakeholders and partners in the development of the UDO, we value your continued engagement, review, and input.

Why are they important?

originally published by NAIOP Research Foundation with permission to repost for NAIOP Charlotte

The NAIOP Office Space Demand Forecast

Forecast Absorption Surges to Positive Gains in Q4 and Beyond

The NAIOP Research Foundation has published the NAIOP Office Space Demand Forecast for Q4 2021.

originally published by REBIC with permission to repost through NAIOP Charlotte

The North Carolina General Assembly released their long-awaited conference budget report on Monday. The budget, once approved by both chambers, will then be sent to the Governor. Today, Governor Cooper indicated he would sign the budget proposal.

The budget includes massive infrastructure investments. 

originally published by MICHAEL CASOLO for NAIOP National

Workplace changes resulting from the COVID-19 pandemic are sweeping us forward into an era of hybrid work, giving businesses a historic opportunity to rewrite the workplace rulebook.

originally published by TOBY BURKE for NAIOP National

Every local government in the United States is required to operate under a balanced budget where incoming revenues equal outgoing expenditures. The National League of Cities has referred to these local budget as “political instrument(s)” that governs public policy priorities, funds government services, and programs, sets spending limitations, and establish a level of transparency and accountability in applying revenue.

Read the Full Article Here

NAIOP, the Commercial Real Estate Development Association, commends congressional lawmakers on the passage of the $1.2 trillion infrastructure package, which now moves to President Joe Biden for signature into law. 
 

A longtime priority issue for NAIOP members – the nation’s foremost owners, developers, and investors of office, industrial, retail, and other commercial real estate – the bills $550 billion in new federal investments in U.S. infrastructure will provide critical financial support for roads, bridges, rail and mass transit systems, as well as underlying water, energy, power, and broadband systems, among others. 
 

Investment in these transportation and infrastructure networks is essential to repairing and strengthening the supply chain. Included in the bill are $17 billion for port infrastructure and $25 billion for airports – critical funds that will help address facility deterioration, lower emissions through electrification and other low-carbon technologies, and reduce congestion near these heavily-trafficked areas.  
 

originally published by COMMERCIALEDGE TEAM for NAIOP National

The Delta variant of COVID-19 has continued to delay the return-to-work plans of many companies. Still, rising vaccination rates and declining case numbers have provided hope for many companies. Anyone worried about the future of office work can look at the continual investment of big tech into the industry to feel confident that offices are far from a thing of the past.

Read the Full Article Here!

originally published by  BRIELLE SCOTT for NAIOP National

In a recent NAIOP webinar, Mark Bryan, Certified Futurist and director of innovation and research, M+A Architects, addressed these questions, sharing some of the generational shifts his company has observed in the workforce and their potential impact on the built environment.

originally published by REBIC with permission to repost on CRCBR.

originally published by Brielle Scott for NAIOP National

It is critical to understand the key factors and takeaways that will shift life as we know it today, so the built environment can appropriately adapt and respond to life post-pandemic.