Latest Charlotte high-rise apartment towers could add 600 more units to the city
A Charlotte developer has its eyes set on a mile-wide radius near The Pearl with two housing developments.
Between South McDowell Street and Metropolitan Avenue, Northwood Ravin is planning and working on two apartment complexes that would add 600 units steps from the city’s new medical tech and healthcare innovation district.
The first is a proposed development at 900 S. McDowell St., which is across from The Pearl. McDowell would house 328 luxury units, according to Northwood’s website.
There will be parking and a rooftop pool and bar. Northwood Ravin said there were no additional details to share on that project as it is in the pre-development stage and subject to change. The Charlotte Business Journal first reported news on the building.
Heading toward Trader Joes and the Little Sugar Creek Greenway, Northwood Ravin is also constructing 1200 Metropolitan.
That project, about a mile from The Pearl, will have 283 units, along with rooftop amenities. That project is under construction and expected to open in 2027.
It’s unclear how much the projects will cost.
About The Pearl
The additional housing in the area marks the expected attractiveness of The Pearl district, the $1.5 billion mixed-use development from Atrium Health and Wexford Science & Technology.
The Pearl is centered around Wake Forest University School of Medicine - Charlotte and is set to be the city’s destination for STEM businesses.
The district will also be home to retail, offices, apartments and an outdoor plaza. Affordable housing is also planned for the site.
About Northwood Ravin
Northwood isn’t just focused on midtown Charlotte for new housing. Ballantyne is also in the process of getting two housing projects from the developer.
In November, Northwood Ravin filed a land development construction plan 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.
November also saw the opening of Oro Ballantyne from Northwood Office.
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.
Northwood Ravin and Northwood Office are connected through Northwood Investors.
Northwood Office is a subsidiary of Northwood Investors. While Northwood Ravin is a joint venture between Northwood Investors and Ravin Partners LLC.
Clarification: This article was updated on Feb. 2, 2026, to note the correct business relationship between Northwood Office, Northwood Investors and Northwood Ravin.
This story was originally published January 28, 2026 at 5:32 AM.
