Ballantyne is about to build a massive new 328,000 square foot development in the heart of The Ballantyne Corporate Park.
According to a press release, the new development will include a LEED® Silver certified 11-story office complex and adjacent apartment building, which will become the first apartments ever built inside the corporate park.
“We have a long-term commitment to investing in Charlotte, and we’re excited to break ground on our first project as Northwood in Ballantyne,” said Marshall Nevins, managing director at Northwood Investors. “Ballantyne is already such a successful community, and we have put careful thought into creating an inspiring work environment that addresses future needs for attracting and retaining top talent.”
It will also be the first major development in Ballantyne since Northwood purchased the entire 535-acre park for $1.2 billion back in 2017 – the largest real estate transaction in Charlotte’s history.
“This project encompasses several firsts for Ballantyne – larger floorplates, increased ceiling heights, an amenity floor with programmable space and planned residential. These features all contribute to elevating the workplace experience,” said John Barton, president of Northwood Office.