The Parking Advisors team has provided parking investment advisory services across the Charlotte metro area as well as consulted on projects in key submarkets such as Uptown, South End, and Midtown.
Charlotte's Leading Parking Consultants
Parking Advisors is a national parking consulting firm with extensive experience in Charlotte and its surrounding submarkets.
Parking Consultants in the Queen City
Charlotte Parking Market Fundamentals
Charlotte's parking market is influenced by a variety of development and economic factors.
Rapid Growth
Over the past five years, Charlotte has experienced significant economic and population growth, driven by corporate expansions, a booming financial sector, and an influx of new residents. The city remains a major banking hub, attracting businesses and talent. Rapid development in Uptown, South End, and Ballantyne has increased demand for office space, housing, and infrastructure, putting pressure on parking availability. With continued growth and urban densification, effective parking management is becoming increasingly important to support the city’s evolving needs.
Transient Oriented Development (TOD)
Charlotte’s commitment to transit-oriented development (TOD) began as part of its broader strategy to reduce traffic congestion and encourage sustainable urban growth. With the expansion of the LYNX Blue Line and ongoing investments in public transportation, the city has actively rezoned areas around transit hubs to prioritize higher-density, mixed-use developments while simultaneously reducing or eliminating parking minimums. While these policies aim to shift commuter behavior away from car dependency, they have also contributed to a growing mismatch between parking demand and supply. As new residential and commercial projects emerge near transit corridors, fewer structured parking spaces are being built, even as businesses and residents continue to rely on cars due to limited transit coverage in certain areas.
Charlotte Submarkets
Below are key Charlotte submarkets and their parking characteristics:
Uptown Charlotte
As the city’s central business district, Uptown has the highest parking demand due to its dense concentration of office towers, hotels, and entertainment venues. Corporate headquarters and regional banking hubs drive weekday parking needs, while sports and cultural attractions like Bank of America Stadium, Spectrum Center, and the Charlotte Convention Center contribute to evening and weekend demand.
South End
One of Charlotte’s fastest-growing submarkets, South End is known for its mix of residential, retail, and office developments. The influx of new mixed-use projects has created a need for structured parking, especially as street parking becomes more limited. Proximity to the Lynx Light Rail has slightly reduced parking ratios in new developments.
NoDa (North Davidson)
Charlotte’s arts and entertainment district, NoDa, sees high parking demand in the evenings and on weekends. The area’s historic buildings and independent businesses create a walkable environment, but limited parking supply has led to increased reliance on shared-use agreements and off-site parking solutions.
Charlotte Douglas International Airport (CLT)
CLT is one of the busiest airports in the country, generating substantial parking demand from travelers and airport employees. The airport’s parking facilities, combined with off-airport private operators, represent a major segment of the city’s parking industry.
Event-Driven Parking Demand
Charlotte’s sports and entertainment scene plays a significant role in driving parking demand, particularly in Uptown. Major event venues attract thousands of visitors, creating spikes in parking utilization during game days and concerts.
Bank of America Stadium (Carolina Panthers & Charlotte FC)
Located in Uptown, the stadium hosts NFL and MLS games, as well as major concerts and events, leading to high parking demand in nearby garages and surface lots.
Spectrum Center (Charlotte Hornets)
Home to the NBA’s Charlotte Hornets, the Spectrum Center also hosts concerts, college basketball tournaments, and other large-scale events, significantly impacting evening and weekend parking demand.
Truist Field (Charlotte Knights)
As the home of the Charlotte Knights, the city’s minor league baseball team, Truist Field attracts strong seasonal parking demand, particularly on weekends and during special promotions.
Get in Touch
To share your Charlotte parking question or provide a brief project description, get in touch with us.