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Uptown, South End see massive growth numbers + How Charlotte’s rising rent compares to the rest of NC

Drew Nantais
·2 min read

Hey, everyone! Drew here. The weekend is here!

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Here’s your news for today.

1. Growth in uptown and South End sees ‘mic drop’ numbers as skyline keeps changing

Charlotte’s center city has $6.9 billion of development in the pipeline, including thousands of new apartments and more than 7 million square feet of office space.
Charlotte’s center city has $6.9 billion of development in the pipeline, including thousands of new apartments and more than 7 million square feet of office space.

Charlotte’s growth is more noticeable than ever.

Charlotte Center City Partners’ state of the center city report provides insight into the city’s growth and the dollars and figures behind development in uptown and South End. The center city, which includes uptown, South End and midtown, has $6.9 billion of new development in the pipeline this year.

“Those are mic drop kind of numbers,” Michael Smith, CEO of Charlotte Center City Partners, told The Charlotte Observer about the area’s growth.

Gordon Rago shares more from the report.

2. Charlotte rent is up 34 days into 2023. How do prices compare in NC?

FILE - In this July 19, 2006 file photo, a woman walks next to a “For Rent” sign at an apartment complex in Palo Alto, Calif. Many tenants aren’t familiar with the ins and outs of their renters insurance policies, but what they don’t know could cost them money (AP Photo/Paul Sakuma, File)
FILE - In this July 19, 2006 file photo, a woman walks next to a “For Rent” sign at an apartment complex in Palo Alto, Calif. Many tenants aren’t familiar with the ins and outs of their renters insurance policies, but what they don’t know could cost them money (AP Photo/Paul Sakuma, File)

Just over a month into 2023 and rent in Charlotte is already on the rise.

Median rents in Charlotte-area ZIP codes rose by and average of 4.2% over 2022 to $1,900, according to the latest data available from RentHub. That comes as experts say rents nationwide did start to decline later in the year and may fall further in 2023.

The Queen City’s rates often outpace that of other cities in North Carolina.

Mary Ramsey compares Charlotte’s rent to other N.C. cities.

3. Secrets of the Picasso landscape exhibit: Behind the scenes at the Mint’s landmark show

The “Picasso Landscapes: Out of Bounds” exhibition that opens Feb. 11 at Mint Museum Uptown is the first traveling museum exhibition to focus on landscapes by Pablo Picasso.
The “Picasso Landscapes: Out of Bounds” exhibition that opens Feb. 11 at Mint Museum Uptown is the first traveling museum exhibition to focus on landscapes by Pablo Picasso.

The Mint Museum is in the midst of its most ambitious undertaking.

On Feb. 11, the first ever traveling exhibition of Picasso landscapes will make its way to the Queen City. “Picasso Landscapes: Out of Bounds” will feature dozens of paintings by the eponymous artist and will run through May 21.

Catherine Muccigrosso and Adam Bell give you an exclusive look at the Mint’s preparation leading up to the debut.

4. Some long reads for your weekend

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Drew Nantais is a Senior Growth & Engagement Producer for the Charlotte Observer.
Drew Nantais is a Senior Growth & Engagement Producer for the Charlotte Observer.