Apr 18, 2024
Northwood Office Leases Over 200,000 Square Feet at Ballantyne®
CHARLOTTE, NC – Northwood Office announces that construction of a landmark, amenity-rich, mixed-use project at 13146 Ballantyne Corporate Place is underway in Ballantyne. The project will deliver a 328,000-square-foot, 11-story office building, with plans to add a luxury apartment tower in partnership with Northwood Ravin. The office portion is expected to deliver by the first quarter of 2021.
The office property will feature 10 stories of Class A office space with an expanded footprint of 32,000- square-foot floor plates. The top level will be an amenity floor, complete with a rooftop terrace with open and covered areas furnished with tables, seating, a fire pit, audio/visual and provisions for outdoor food and beverage service. In addition to unparalleled views of uptown Charlotte and the surrounding areas, tenants will have exclusive access to nearly 9,000 square feet of vibrant space for relaxation, collaboration and events. The main level will include a 2,500-square-foot fitness facility.
Targeting LEED® Silver Core & Shell certification, the contemporary workplace will feature floor-to-ceiling open glass walls offering picturesque views of the Ballantyne community and its abundant green space. Nearly fourteen-foot ceilings will accentuate the 11th floor, and the first floor will have twelve-foot ceilings. The second through 10th floors will feature 10-foot ceilings. The 10th floor will have a 700-square-foot covered balcony with a stunning vista of uptown Charlotte’s skyline. Retail amenities are planned for the main level. The project will offer structured and surface parking at a ratio of four spaces per 1,000 square feet.
“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.”
“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.
Northwood Development will manage the office project, working with architectural firm LS3P Associates and general contractor Rodgers Builders.
Jenna Wines
Charlotte-based Northwood Office LLC was established by Northwood Investors – a privately-held, global real estate investment and management firm – to provide a complete approach to fulfilling office space needs. Offering best-in-class services in commercial development, leasing and property management, Northwood Office is committed to creating and sustaining work environments that inspire by focusing on enhancing quality of life, productivity, flexibility and community. Northwood Office has earned the WELL Health-Safety Rating for 64 locations, representing 9.6 million square feet across its portfolio through the International WELL Building Institute (IWBI). Northwood Office's portfolio includes Ballantyne® and Metropolitan in Charlotte and extends nationally to Atlanta, Boston, Culver City, Durham, Miami, Nashville and Seattle. For more information, visit northwoodoffice.com.
For media inquiries, contact Kwyn Johnson at 406.314.5120 or kwyn@evolveprandmarketing.com.