When you think of hip places to work and live in Charlotte, you probably think of areas such as South End and NoDa — neighborhoods connected by light rail and bursting with breweries and apartments.
Ballantyne might not immediately come to mind. But the new home and business owners in that area are working to change that.
Take Ballantyne’s corporate office park. Northwood Investors bought the property in 2017 for $1.2 billion, the biggest real-estate deal in Charlotte’s history, and soon set in motion plans to make the corporate park less … corporate.
Last spring, Northwood Investors’ subsidiary Northwood office unveiled plans for the 535-acre site that include shutting down one of the longtime staples of suburban life — the golf course — to make room for parks and residences. The company says it’s one way to turn something that’s used by a few into something that’s used by many.
Then, this past summer, Northwood announced plans for something completely new to Ballantyne: Affordable housing. The ethos behind that decision — inclusion — jibes with the overall vision of the project, Northwood president John Barton recently told the Agenda.
“We think communities are better when they have people who aren’t all the same,” Barton says.
This comes at a time when young professionals are flocking to close-in neighborhoods like Plaza Midwood. It also comes as Ballantyne competes for corporate office relocations with other popular parts of the city.
Drive through Ballantyne now, and it’s a whole lot of manicured green lawns and same-looking beige buildings. A sprawling office park filled with suits and polo shirts, Ballantyne could turn into a place where families walk their dogs, where residents of mixed incomes live side by side, where cars aren’t necessary.
“It’s just a very different philosophical approach. I think that approach is really reflective of society in general,” Barton says.
Known as Ballantyne Reimagined, the area’s makeover will include adding a 25-acre town center, where restaurants, bars, and entertainment line a walkable main street. An amphitheater will host musical guests at night, then farmers’ markets on the weekends.
Before Ballantyne became Ballantyne, it was mostly farmland.
Owned by developer Johnny Harris and his family, the area spanned 1,756 acres and was undeveloped. A portion of it was once the favorite hunting grounds of Harris’s late grandfather, former North Carolina Governor Cameron Morrison, according to the Charlotte Observer’s archives.
Johnny and his siblings, Cameron and Sara, introduced the idea of a massive mixed-use project called Ballantyne to city and county leaders in the early 1990s. The development would take 20-30 years to complete, the Harrises said. It would include thousands of homes, two hotels, more than 4 million square feet of office space, and plenty of retail.
Sara Harris was married to H.C. “Smoky” Bissell, the developer who partnered with Johnny Harris and eventually led the development of Ballantyne’s office park.
(One fun fact: The Harrises originally considered calling Ballantyne “Edinborough,” a nod to the family’s Scots-Irish heritage.)
“We’re trying to create a live, work and play atmosphere that can attract the type of economic development we need,” Johnny Harris told county commissioners in October 1991.
County leaders weren’t completely convinced at first.
They wanted evidence that the development would include ample housing for low-income residents. School and county officials also wanted assurance that Ballantyne would be an “integrated community.” Nearby subdivisions were predominantly white, the Observer wrote.
Today, the area is still predominantly white and wealthy.
Nearly three-quarters of the 28277 zip code population is white, and the area’s median income is $100,332. By comparison, just under 48 percent of the entire county is white, and the county’s median income is $61,695. It’s also older — the median age in the 28277 zip code is 41, compared with 35 in the county.
That’s according to data from the Charlotte/Mecklenburg Quality of Life Explorer, a collaboration between the UNC Charlotte’s Urban Institute, Mecklenburg County, and the city of Charlotte.
Northwood says it would like to help change those statistics.
The first development phase is slated to include 1,200 multifamily units. Ninety-six of those would be set aside for residents who make up to 80 percent of the area’s median income, or AMI. In the second phase, another 80 residential units would be set aside as affordable housing, also for residents who make 80 percent AMI.
“You’re talking about people who make the community great — teachers, police officers, firefighters … people you want in your community,” Barton says.
But Charlotte’s biggest housing need is units that are affordable to people who make way less — around 30 percent of the area’s AMI — as well as people on fixed incomes.
Think senior citizens and hourly workers, says county commissioner Pat Cotham.
“We have businesses out there who need workers,” Cotham says.
You can’t demand that developers set aside affordable housing for the poorest residents, she adds. After all, they are private entities and are — obviously — in business to make a profit. But, Cotham says, the “government needs to help to make the numbers work.”
The first phase of construction will “create the pulse for the heart of Ballantyne,” Northwood says in a promotional video about Ballantyne Reimagined.
Development will begin on the golf course, with a repurposing of the first and 18th holes, and the driving range. The structures to rise in the area will include hundreds of thousands of square feet of retail for restaurants and shops. Northwood has plans for a grocery store nearby, too.
Earlier this year, Northwood announced plans to bring towers to the area: A 16-story residential building in the corporate park and an 11-story office and luxury apartment building. This summer, a separate company called Panorama Holdings announced plans to build a 14-story office/hotel in Ballantyne Village, according to the Charlotte Business Journal.
Crews recently began moving heaps of red dirt on the site where the 11-story one will be, at 13146 Ballantyne Corporate Place. Northwood’s SVP of development, Clifton Coble, said steel beams will go up early next year.
Nearby, Northwood plans to spend roughly $2 million to build a bridge connecting its 19-mile greenway system to the McMullen Creek Greenway. That means theoretically, you could one day bike the greenway in Ballantyne all the way to Uptown.
When Johnny Harris was working to get support for the Ballantyne project back in the early 1990s, he touted its ample space as something that’d be attractive to corporations looking for a new home.
Before the land became Ballantyne, Sears considered the property for a 2 million square-foot, 6,000-employee campus in 1989. Exxon had also considered the area for a new, 300-employee corporate office.
Today, major corporations employ thousands in Ballantyne. According to Northwood, about 17,000 people work in the area today, up from 9,500 a decade ago.
Wells Fargo, Brighthouse Financial, Snyder’s-Lance, Premier, and SPX Flow are a handful of the corporations with corporate offices in Ballantyne Corporate Park. Dentsply Sirona, a dental supply company, last spring announced plans to move its headquarters to Ballantyne from Pennsylvania. In September, the telecom company Segra said it would move its headquarters to Ballantyne, too.
Currently, Ballantyne lacks certain amenities that companies are increasingly drawn to, including the light rail.
Last spring, LendingTree announced its plans to leave Ballantyne after 19 years. The fintech company will move into one of the two 11-story towers going up in South End, at the corner of South Tryon Street and Carson Boulevard.
In addition to proximity to the light rail and a desire to be somewhere more “centrally located,” LendingTree wanted to be closer to attractions such as restaurants and entertainment.
With its new South End headquarters, the company sought to “create an iconic space that better reflects the LendingTree brand and culture,” spokeswoman Megan Grueling said in an email.
Charlotte transit officials continue to push for to extend the Blue Line about five miles to the south, taking it through Pineville and into the center of Ballantyne. If areas like South End are any indication, light rail would not only connect the area to Uptown but also provide a catalyst for development.
Victoria Nwasike, a small business owner, moved to Ballantyne in 2015 and quickly established herself in south Charlotte politics. This year, she lost her city council race for District 7 to incumbent Ed Driggs.
Nwasike, the former chairwoman of the South Charlotte Partners who now sits on its board, said Ballantyne can compete better for young professions if it feels more urban and walkable.
“(Northwood’s) plan would likely help Ballantyne move from an area with smaller retail nodes that serve local residents to a destination that can attract visitors from across the region,” Nwasike says.
Susan Rodriguez-McDowell moved to Pineville as a teenager in 1979. By the early 1990s, the area near I-485 and I-77 was still a “nowheresville,” says Rodriguez-McDowell, now a county commissioner whose District 6 includes Ballantyne.
On one hand, making the area more dense and walkable benefits the whole community, she says. On the other, the plans need to be bigger and should include schools and affordable housing.
“The thing I don’t like about it is I feel it’s going to become an affluent enclave,” Rodriguez-McDowell says, citing South End as a similar enclave.
“If we don’t plan these things on the front end, we could end up in a bind.”