New Urbanism's strength clear in Charlotte property market

An article in this Sunday's Charlotte Observer casts a light on one of a very few bright spots in the Charlotte real estate market: New Urbanist and urban infill developments. The article highlights the Town of Ayrsley, a 180-acre greenfield development on Charlotte's southwest side and the Metropolitan, a mixed-use development south of uptown, as examples of a growing trend in the Charlotte area.

According to the article, "Requests for mixed-use rezoning have risen sharply, according to a review of Mecklenburg County planning documents since 1997. That year, there were four requests. Last year, 26. The planning commission approved 206 in that time, and more than half of those were from 2004 to 2007."

Read the full story here.