New Ballantyne tower plan filed for South Charlotte just as another is finished
As one apartment building reaches its completion in south Charlotte’s Ballantyne neighborhood, another tower may be on the horizon.
Northwood Ravin filed a land development construction plan in late November for a 3.1 acre site at The Bowl at Ballantyne, according to city records.
The plan’s description mentions transforming a parking lot at 14180 Stream Way into a mixed-use tower with multifamily units, retail and an urban streetscape. Additional details weren’t available in the plan documents.
David Ravin, CEO of Northwood Ravin, said the group is in the pre-development stage, and additional details would be released later.
In the meantime, the developer is marking the completion of a sister project, Oro Ballantyne from Northwood Office. Northwood Ravin and Northwood Office are both off-shoots of Northwood Investors.
Oro opened in mid-November and is the largest tower at The Bowl, at 26 stories. That tower has 356 units, ranging from studios to three-bedrooms and townhome and penthouse options.
Rent prices reflect the luxury stamp on the tower. Studios start at $1,570, one-bedrooms at $2,070, two-bedrooms at $3,100, three-bedrooms at $4,465 and the penthouses at $5,010.
Northwood Ravin’s last project at The Bowl was Towerview at Ballantyne, which was completed in 2021. That’s a 16-story tower with 212 units.
About The Bowl and “Ballantyne Reimagined”
The Bowl is part of the larger “Ballantyne Reimagined” 535-acre redevelopment from Northwood Investors.
And development is a constant in the area. Wegmans is planning to open its first Charlotte location there.
Whole Foods Market is planning to take over the former Earth Fare space at Toringdon Market shopping center at 12235 North Community House Road.
And SoFi Technologies, a San Francisco-based fintech, signed a lease in the area and plans to create 225 jobs with an investment of $3 million.
When Northwood Investors purchased the corporate park for $1.2 billion in 2017 — the single largest transaction in Charlotte’s real estate history — the group intended for the area to be more urban and walkable.
This story was originally published December 8, 2025 at 5:18 AM.
