Key Takeaways
- • Hines, a Houston-based global real estate firm with $91.7 billion in assets, has unveiled plans for The Gallery SouthPark, a nearly 4-acre mixed-use development in Charlotte featuring two 19-story towers that will replace a single-story retail building on Carnegie Boulevard.
- • The project will deliver 250,000 square feet of Class A office space, 302 residential units, and 50,000 square feet of retail and dining space, plus a public plaza with art installations—positioning it as one of the largest developments in the SouthPark market.
- • The development received Charlotte City Council rezoning approval in February 2026 and represents Hines' first ground-up development in Charlotte, conducted in partnership with Charlotte-based The Harris Land Co., with JLL handling office leasing.
- • The project is part of Hines' accelerated expansion into the Charlotte market, which follows recent acquisitions including the Design Center of the Carolinas in South End and Birkdale Village in Huntersville, reflecting strong investor appetite for high-quality mixed-use assets in the region.
- • No project cost or construction timeline has been publicly disclosed; amenities will include private terraces, shared sky terraces, fitness centers, and conference facilities, appealing to institutional and corporate tenants seeking modern Class A office and residential space.
Summary
Houston-based Hines has announced The Gallery SouthPark, a major mixed-use redevelopment project located at 6601 and 6555 Carnegie Boulevard in Charlotte's SouthPark district. The nearly 4-acre project, which received city council rezoning approval in February 2026, will replace an existing single-story retail building with two 19-story towers—among the tallest structures planned for the SouthPark area.
The development comprises three primary components: 250,000 square feet of Class A office space, 302 residential units across the multifamily tower, and 50,000 square feet of retail and dining establishments. The site plan also includes a public plaza featuring art installations, elevating the project's mixed-use credentials and community engagement profile. Building amenities are designed to attract institutional tenants and high-income residents, with offerings including private terraces, a shared sky terrace and lounge, fitness centers, and conference facilities. JLL will lead office leasing efforts for the project.
This represents Hines' first ground-up development in Charlotte and reflects the firm's strategic pivot toward the Southeast. The company is partnering with Charlotte-based The Harris Land Co., signaling a local expertise collaboration typical of institutional real estate plays. According to Paul Zarian, managing director at Hines, the project capitalizes on Charlotte's positioning as "one of the most compelling growth markets in the country," driven by strong population growth and institutional demand for high-quality mixed-use assets.
The Gallery SouthPark announcement follows Hines' broader Charlotte-area expansion since 2025, including the recent acquisition of the Design Center of the Carolinas in South End and the purchase of Birkdale Village in Huntersville. These transactions underscore Hines' confidence in Charlotte's real estate fundamentals and its ability to acquire and develop institutional-grade properties across multiple asset classes. With $91.7 billion in assets globally and operations across 30 countries, Hines brings significant capital and operational scale to the Charlotte market.
Neither a project budget nor construction timeline has been released. For institutional investors tracking Sunbelt real estate dynamics, labor market strength in Charlotte, and mixed-use development trends, The Gallery SouthPark represents a significant barometer of capital flows into the region's premium office and multifamily sectors.
The development comprises three primary components: 250,000 square feet of Class A office space, 302 residential units across the multifamily tower, and 50,000 square feet of retail and dining establishments. The site plan also includes a public plaza featuring art installations, elevating the project's mixed-use credentials and community engagement profile. Building amenities are designed to attract institutional tenants and high-income residents, with offerings including private terraces, a shared sky terrace and lounge, fitness centers, and conference facilities. JLL will lead office leasing efforts for the project.
This represents Hines' first ground-up development in Charlotte and reflects the firm's strategic pivot toward the Southeast. The company is partnering with Charlotte-based The Harris Land Co., signaling a local expertise collaboration typical of institutional real estate plays. According to Paul Zarian, managing director at Hines, the project capitalizes on Charlotte's positioning as "one of the most compelling growth markets in the country," driven by strong population growth and institutional demand for high-quality mixed-use assets.
The Gallery SouthPark announcement follows Hines' broader Charlotte-area expansion since 2025, including the recent acquisition of the Design Center of the Carolinas in South End and the purchase of Birkdale Village in Huntersville. These transactions underscore Hines' confidence in Charlotte's real estate fundamentals and its ability to acquire and develop institutional-grade properties across multiple asset classes. With $91.7 billion in assets globally and operations across 30 countries, Hines brings significant capital and operational scale to the Charlotte market.
Neither a project budget nor construction timeline has been released. For institutional investors tracking Sunbelt real estate dynamics, labor market strength in Charlotte, and mixed-use development trends, The Gallery SouthPark represents a significant barometer of capital flows into the region's premium office and multifamily sectors.
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