Charlotte

Living Spaces Drops $7 Million On Tyvola Lot For First Charlotte Showroom

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Published on May 29, 2026
Living Spaces Drops $7 Million On Tyvola Lot For First Charlotte ShowroomSource: Google Street View

That long-quiet patch of land off Tyvola Road is about to get a lot more attention. Living Spaces has paid $7 million for roughly 21 acres at 409 Tyvola Road in south Charlotte, with plans on the table for a large retail showroom and an on-site café. The parcel sits just east of Interstate 77 on a long-vacant stretch of the Tyvola corridor and, if the project moves forward, it would mark the California chain’s first North Carolina showroom. The land deal and linked rezoning activity have quickly turned what was a sleepy lot into one of South Charlotte’s most closely watched upcoming retail projects.

As reported by Charlotte Business Journal, the company, based in La Mirada, California, closed on the property on May 26 for $7,000,000, according to reporting by Elise Franco. The Journal notes that the acquisition positions Living Spaces to open its first showroom in the state.

Plans Filed With The City

According to City of Charlotte Legistar records, rezoning petition 2025‑061 covers about 20.95 acres north of Tyvola Road and east of Interstate 77 and includes a site plan along with a statement of consistency. The documents show that the petition went before the city and that staff recommended approval following a public hearing last November.

What The Proposal Would Include

Industry reports and the city filings show a plan for a roughly 165,000‑square‑foot retail showroom with an accessory café or restaurant on the site, a setup that lines up with Living Spaces’ format in other markets. Furniture Today reviewed the materials and highlighted the proposed building size along with a conditional overlay that would allow limited retail and restaurant uses.

Site Context And Why Tyvola

The property has been listed and marketed on commercial real estate platforms and sits roughly three miles from SouthPark, with convenient access to I‑77 and nearby transit, factors that make it a logical candidate for a destination-style showroom. Listings on Crexi showcase the site’s marketing materials, while LoopNet confirms its roughly 20.95‑acre footprint.

Next Steps And Timing

Per the city’s files, the rezoning petition had a public hearing on Nov. 17, 2025, and staff recommended approval, although site-plan review, permitting and any neighborhood conditions still have to be worked through before construction can start. Furniture Today also notes that it has reached out to Living Spaces for comment as plans continue to take shape.

For now, the purchase turns a long-vacant Tyvola lot into an active development prospect that could shift retail options for south Charlotte shoppers. Neighbors, brokers and city planners will be watching the site-plan and permitting process closely to see whether the proposed showroom, café and related infrastructure make the leap from drawings to dirt-moving equipment.