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CREW Charlotte November 2022 Luncheon: Economic Outlook for the US and Our Region: “Where are all the Workers?”

Ballantyne Reimagined

Submitted by Diana Quarry, Womble Bond Dickinson

On November 12, 2019, CREW Members and guests had the pleasure of hearing about a critical piece of the revitalization of the Ballantyne area of Charlotte from the Northwood Office team – John Barton, President of Northwood Office, Kim Kendall, VP of Leasing, and Jana Dolder, Director of Property Management.  Northwood purchased over 500 acres in Ballantyne from Smokey Bissell in 2017, and shared its vision for the area’s continued development over the next few years.

The core of the redevelopment, packaged as Phase I of the vision, will focus on building a destination for work, living, fitness, retail and recreation.  Mr. Barton highlighted some of the features of Phase I, which will include an outdoor amphitheater, Stream Park (said to be the “Central Park” of the area), a walkable retail strip, and a series of curated restaurants.  Ample green space is an important part of Phase I, and Northwood anticipates making the most of this space by hosting farmer’s markets and outdoor yoga events.  Phase I will also include approximately 1,000 multifamily units for rent, 300,000 square feet within the entire mixed use community and 200 hotel rooms.  Northwood is targeting that Phase I be open within 5 or 6 years from Q1 2020. Phase II of the redevelopment will follow completion of Phase I, and will contain another 1,000 multi-family units plus 300 townhomes, in addition to 400,000 square feet of office space.

Ms. Kendall elaborated on the specifics of a Class A office building which will be built across from Phase I and will be loaded with amenities.  In addition to a 10th floor balcony and a rooftop terrace, the building will feature a 2,500 square foot fitness facility, a restaurant and retail on the main level, and the entire 11th floor dedicated as an amenity space for tenants of the building, including a 50-person conference room, kitchen and event space.  She also described an adjacent residential project which will house 212 units and will feature a rooftop lounge, dog run and resident “speakeasy”.  Both buildings that Ms. Kendall described are slated to open in 2021.

Finally, Ms. Dolder spoke to Northwood’s commitment to community engagement, which is a core value for the developer.  They show this commitment through planning monthly programming and events including free yoga, social hours, an annual wellness fair and Earth Day events.  They also host and sponsor numerous volunteer projects and charitable drives to give back to people in their community. 

 

Sara Whitten

Shiel Sexton Company

Thank you to Carrie Sharp, Indoff Commercial Interiors, for assisting us with our furniture needs recently here at Shiel Sexton. It was a pleasure to work with you!

Mary Wilken

Insite Properties LLC

Thanks to Carrie Sharp for her work not only getting our lobby updated with cool seating areas and options, but also for helping us secure conference room chairs on a moments’ notice!

Keiko Pace

Stephens Office

Thank you Sivilay Xayasaene, with Gresham Smith, for your referral to a new non-profit client. We have been helping them with several needs that keep growing. Thank you for thinking of us!

A Conversation with Mayor Vi Lyles

Submitted by Anna O'Neal, Wells Fargo Bank

At CREW Charlotte’s October Luncheon on October 9, 2019, Mayor Vi Lyles covered a broad range of topics facing Charlotte including affordable housing, infrastructure, environmental justice, social equity, and the Mayor’s Youth Employment Program.  She also reflected on her years in Charlotte and her experience as an African American woman in a leadership position.

Mayor Lyles sat with moderator Stacia Neugent of GreerWalker and spoke with candor about the challenges facing the City and various paths to improve our great City, including reliable transportation, private-public partnerships for affordable housing, and taking reasonable action to combat climate change. She stated, “Charlotte is at its best when we have a dialogue that is about collaboration.”

Finally, the Mayor urged everyone to take action to be involved with the City of Charlotte, beginning with voting in the upcoming elections on November 5. She encouraged the audience to review everyone on the slate, including the City Council, and think about how we can move Charlotte forward.

Angie Beard

Redline Design Group

Thank you to Amanda Hibberts of Platinum Coatings NC and Finnessa Sandy for referring a property owner to Redline Design Group for our test-fit floor plan services. We appreciate it!

Christine Mason

Telecom Made Simple

Thank you Mary Allison Mitchell, of Tripp Commercial for entrusting one of your special clients to me. They were a pleasure to work with and I am glad I was able to help them with their internet and VoIP needs.

Rob Phillips

Bennett Pless Structural Engineers

Thanks Dee DeBerry with ATC Group Services for the structural engineering referral!

Nancy Olah

Nancy Olah Law

Thank you to Juanita Tackett (Indoff) for helping my client with LED lighting for his new medical office. Great job, Juanita – the lighting looks great!

Randy Hopkins

Hopkins Consulting and Review, LLC

Thanks to Zeta Pittman of First National Bank for reaching out to the appraisal review Team Leader on my behalf! Your assistance made the difference on getting me on the tickler list for future review work. Thanks!