CHARLOTTE — Northwood Ravin is planning a third apartment tower at Ballantyne Corporate Park.
The Charlotte-based multifamily developer filed a land development construction plan with the city of Charlotte on Nov. 24 for a mixed-use project at The Bowl at Ballantyne, at 14180 Stream Way. The filing shows Northwood Ravin has plans for a multifamily tower, ground-floor retail and urban streetscape to match the surrounding development.
The 3.1-acre site is currently a temporary surface parking lot bounded by Stream Way, Upper Avenue, Bowl Street and Mid Street. It sits between The Amp Ballantyne and Oro Ballantyne, Northwood’s recently delivered 26-story apartment tower.
The plan did not specify the number of units or amount of retail that would be built. Northwood Ravin declined to comment today.
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Northwood Ravin has delivered two multifamily towers at Ballantyne Corporate Park in the last several years. Earlier this month, Oro fully delivered after two and a half years under construction. That development, located in the heart of The Bowl at Ballantyne at 14020 Stream Way, has 356 units across a 26-story tower and an attached seven-story mid-rise building.
Its units are a mix of studio, one-, two- and three-bedroom apartments, townhomes and penthouses that range from 616 square feet to 2,109 square feet. The property has about 15,000 square feet of ground-floor retail that includes DryBar, Arrow - Cuts & Shaves, PopUp Bagels and Solidcore.
The firm’s first multifamily project at the development was Towerview at Ballantyne, a 16-story apartment tower and five-story mid-rise building with a combined 212 units. Towerview was the first high-rise residential development in Ballantyne when it was delivered in 2021.
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