Today’s Real Estate Whispers is sponsored by The McIntosh Law Firm. At The McIntosh Law Firm, we offer experienced legal guidance in real estate development, property revaluation appeals, government relations, land use, estate planning, and business law—helping clients navigate complex legal and regulatory challenges.
Welcome back to our weekly look at Charlotte real estate and development news. Charlotte Commercial Real Estate Whispers is the best way to get the latest dirt on transactions, rezonings and projects happening across the Queen City.
You can add and drop newsletters from The Charlotte Ledger — including this one — on your “Subscriber Preferences” page.
I’d love to hear your Charlotte commercial real estate gossip or tips. Send me a note at [email protected].
In today’s edition:
Ballantyne’s top development exec talks about the area’s evolution in the past seven years
Future Barnhardt Manufacturing redevelopment calls for a new street connecting Hawthorne Lane to the rest of Plaza Midwood
How Charlotte compares to its peers on a new national CRE index
Cousins execs talk 550 South and 201 North Tryon
Take a look at what’s breaking ground next at Camp North End
And a wrap-up of land deals and real estate news from us and other sources
7 years after outlining the vision for Ballantyne Reimagined, John Barton explains how Northwood Office transformed an office park into a regional draw
Children play on the artificial turf by the retail section of Ballantyne Reimagined. (Photo: Tony Mecia/The Charlotte Ledger)
by Tony Mecia
On a Saturday morning in June 2019, Northwood Office president John Barton walked to the front of a packed ballroom at The Ballantyne hotel and articulated a new vision for the hotel’s golf course.
He outlined a massive 25-acre project that was tentatively called “Ballantyne Center,” a hub of entertainment, housing and recreation that would attract millennials and give Ballantyne-area residents more things to do nearby.
Barton called it a “very, very unique, generational opportunity” and “to take what is used by the few and make it available to the many.”
John Barton of Northwood Office
Today — after seven years of planning, a rezoning and construction — that vision is largely realized. The project, known as Ballantyne Reimagined, has built a 5,000-person amphitheater, a 6-acre stream park and a 27-story apartment tower. Its 70,000 sq. ft. of retail is fully leased, with well-known tenants such as The Olde Mecklenburg Brewery, North Italia and Rooster’s Wood-Fired Kitchen. It has become a busy destination for concerts and dining out.
In a recent conversation at Northwood’s Ballantyne offices, Barton reflected on the journey from idea to execution: “If you look at what we said we would do, we’ve done it.”
There’s more on the way, too:
Subscribe to The Charlotte Ledger's paid version to read the rest.
Become a paying member of The Charlotte Ledger to gain access to this post and other subscriber-only articles. (Paying Ledger members: Log in under "sign in" at the top of this page — no password required)
Upgrade