Issue #1 · Wednesday, October 7, 2026
Please note: The news here comes from public sources listed at the end. Amir’s Takes are my opinion, not legal, tax, financial or investment advice. Projections and plans can change. Always check the details for a specific property before you decide.
From City Council
Uptown’s empty bank tower gets landmark status
On Sept 28, Council voted 10-1 to make 301 South Tryon (the old Jefferson-First Union Tower) a local historic landmark. The new owners plan to turn the empty office complex into about 275 apartments, a 200-room hotel, offices and shops.
| AMIR’S TAKE The landmark status unlocks historic tax credits, which is what makes a conversion like this pencil out. More people living Uptown means more shops and restaurants staying open after 5 p.m., and that helps home values in Uptown, Fourth Ward and Dilworth. |
Plaza Midwood mill site rezoned for homes and shops
On Sept 21, Council approved rezoning about 21 acres of Barnhardt Manufacturing’s campus on Hawthorne Lane from industrial to a neighborhood center zoning that allows apartments, shops and other businesses. The 125-year-old company keeps operating for now and calls this the start of long-term planning.
| AMIR’S TAKE This is one of the last big pieces of land near Plaza Midwood. Nothing changes overnight, but if you own nearby, a planned mix of homes and shops next door usually adds value over time. |
Also approved Sept 21
DreamKey Partners (formerly the Charlotte-Mecklenburg Housing Partnership): about 6 acres off Beatties Ford Road, rezoned for more homes. ACRO Development: about 23 acres north of Morehead Road, rezoned for light industrial use.
Four new communities asked to join the city
Also on the Sept 28 agenda were four requests to bring planned projects into city limits: Kings Grant near the Cabarrus line (335 acres, up to 488 apartments and 2.75 million sq ft of warehouses), Yardly West Towne off West Blvd (335 rental homes), Taylor Grove at Mallard Creek (190 attached homes) and Freedom Manor, 37 Habitat for Humanity homes at Reedy Creek.
| AMIR’S TAKE Kings Grant is the one to watch: jobs and apartments together near I-85 and Concord. Where warehouses go, workers follow, and they rent and buy close by. |
Coming up: Council’s next zoning meeting is Monday, Oct 19. A rezoning for River Point, a mixed-use project on about 13 acres off Dixie River Road, has a public hearing set for Oct 26.
Friday follow-up
Ballantyne: Wegmans opens next Wednesday
Last Friday we covered Daimler Truck’s new headquarters in Ballantyne. Just down the road, Wegmans opens its first Charlotte-area store on Wednesday, Oct 14 at 9 a.m. at 11550 North Community House Road: 110,000 sq ft and about 450 jobs.
| AMIR’S TAKE Big-name grocers do their homework before they pick a spot. When a store like Wegmans opens, homes within a short drive tend to get extra attention from buyers. |
Sources: Charlotte City Council agendas (Sept 21 and Sept 28, 2026) and City of Charlotte rezoning pages, K104.7 (10/1/26), WFAE, Ballantyne (goballantyne.com).
Disclosures: Behdani Realty Company LLC is a licensed real estate brokerage in North Carolina and South Carolina. This report is general information only. It is not legal, tax, financial or investment advice, and it is not an offer to buy or sell any property. Facts come from the public sources listed above and can change. Projections and forecasts are estimates, not guarantees. Please talk with a qualified attorney, CPA or lender before making decisions. Equal Housing Opportunity.
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