Ballantyne

[Scribe]

46 minutes ago, southslider said:

Since these are long-term plans, it might be nice for the ownership group to call out where future LYNX stations could go.

I agree! Worth bringing up at every zoning meeting (re any part of this plan... starting with the 11-story luxury apartment tower) they have and asking those questions.

Edited June 10, 2019 by Scribe

[grodney]

22 hours ago, Jasons0013 said:

Roads will not be able to support this madness. 

Not just roads, but also schools.  I wonder if any approval for residential would be contingent on building school(s) on the property.  AK High and Comm House Middle and Elon Park Elem are already at/over 150% population they were built for.

[KJHburg]

Photos from the greater Ballantyne area

1. Atrium medical office bldg in Pineville 

2. new Toringdon 7 tower to left and new Hampton Inn to right from 485

 

[KJHburg]

miscellaneous photos from Ballantyne area.  1. MetLife and Brighthouse building in Ballantyne 2. parking garage at new Wells Fargo tower with retail including Cabo Fish Taco, Potbelly etc.  3. new higher density apartment complex at Community House Rd 4. Toringdon 7 tower  5. new apartments on Community House 6. Toringdon 7 8.  this is a new mini storage warehouse building on Johnston Rd north of Hwy 51

[carolinaboy]

^^^^^^^

Thanks KJHburg for the constant picture updates. I appreciate it.

[KJHburg]

UNCC Urban Institute article about urbanization of suburban areas including Ballantyne.

https://ui.uncc.edu/story/ballantyne-southpark-university-city-suburbs-charlotte-dense-redevelopment

[KJHburg]

I dont think I have seen this video of Ballantyne Redux

 

[DMann]

I think they got the number of cars on the street wrong!

[ertley]

I've always thought a significant change that should occur in Ballantyne--even if only symbolically--is to take down those not-very-interesting "arches" at the Johnston Road and Commons Parkway intersection and replace them with four buildings--they don't have to be gargantuan in size--abutting the sidewalks, as in a real town or city. If designed well, they could actually be notable and actually do what they hoped those 'arches' would do,  create a noteworthy locus for the area, while making Ballantyne actually look like a more organic place and not a corporate-planned and -owned entity.  

[grodney]

4 hours ago, ertley said:

I've always thought a significant change that should occur in Ballantyne--even if only symbolically--is to take down those not-very-interesting "arches" at the Johnston Road and Commons Parkway intersection and replace them with four buildings--they don't have to be gargantuan in size--abutting the sidewalks, as in a real town or city. 

Found these renderings on the KJH Architecture website:

[JRNYP2C]

8 hours ago, DMann said:

I think they got the number of cars on the street wrong!

Exactly!  Try tripling the number that is already in place and you have gridlock of epic proportions.  Good luck coming up from SC!

[Hushpuppy321]

On 6/18/2019 at 10:12 PM, KJHburg said:

I dont think I have seen this video of Ballantyne Redux

 

I believe that this will happen and much sooner than anything in 2nd Ward with Brooklyn Village or 1st Ward with Levine holdings.  

[KJHburg]

On 6/19/2019 at 2:39 PM, grodney said:

Found these renderings on the KJH Architecture website:

 

I am  launching a full scale investigation how my new Ballantyne parking plans were leaked.  I will contact the FBI who is continuing with my investigation into the Russian hacking of my UP fantasy football draft for my team the Burgers.  (this is written all in blue for those who are color challenged) 

[Vitamin_N]

The Ballantyne theater may be turned into office space soon:

Nobody involved would talk about the project, but word has been circulating among nearby retail tenants in recent weeks that something’s up. To the extent that Ballantyne has distinctive architecture, the theater’s home is in one of that area’s most recognizable buildings — the one that’s commonly described as resembling a “spaceship.”

But evidence that the theater’s days might be numbered goes beyond storekeeper gossip. Office real-estate giant JLL recently listed office space for rent in Ballantyne Village — and the listing, which is publicly available, seems to resemble the movie-theater space: “Up to 50,000 s.f. of office space available for lease. Distinctive characteristics including large glass windows, 13’ high ceilings, and 2-story lobby with staircase.” The existing theater has a two-story lobby with large glass windows and a staircase.

Note that the floor plan seems to show a semicircular balcony, which is a feature at Ballantyne Village that only the theater has. The rendering seems to suggest filling in the theater’s soaring ceiling with a lower one, which could allow two stories of office space.

[KJHburg]

in todays Business Journal is a land transaction of note.  Ballantyne Village Parking LLC sold some land to Ballantyne Village Hotel LLC for $2.7M.  anyone know what and how tall this multistory hotel will be or what brand? 

[UrbanCharlotte]

AC Hotel. I think it’s around 15 floors. Parking - Hotel - Office.

[dencity]

Not sure if anyone has posted this here yet... Ballantyne Village next to the parking garage

[KJHburg]

welcome @dencity  first time I have seen a rendering or a sign good find!  the long rumored hotel tower at Ballantyne Village. 

[Cadi40]

I don’t know how I feel about this tower but nevertheless I do love some good height outside of 277 as you all know.

[KJHburg]

Here is who Panorama Holdings is 

http://www.panorama-holdings.com/index.html#1

Basically a real estate development targeting Chinese nationals to invest in the USA to provide jobs and thus gained residency.  Called the EB-5 program and they developed the Blu Northline Apartments in the university area which are quite nice I must say. 

The webpage is in English and Chinese. 

when you translate the Chinese to English you get a slightly different version than the English only section from the home page.

""Shunyuan Holdings currently has more than three million square feet of projects in the Charlotte area, and its asset classes cover traditional multi-family apartment developments, office buildings, and hotels.

Suiyuan Holdings is a regional center accredited by the US Immigration Service. It specializes in the development, financing, and management of various investment immigration programs under the US Immigration Law. It provides foreign EB-5 investors with permanent service status for outstanding services. Green card) and reduce investment risk.

As a wholly-owned company of Suiyuan Holdings in China, Suiyuan·China relies on its vast resource base in the United States to obtain the permanent residence status (green card) for Chinese investors with excellent service and reduce investment risks; Not only does China have exclusive US quality immigration resources, but its unique resources for studying abroad, study tours and summer camps are also very popular. It is a one-stop business professional service for individuals and companies to invest in the United States""

Edited July 16, 2019 by KJHburg

[lancer22]

10 hours ago, KJHburg said:

Here is who Panorama Holdings is 

http://www.panorama-holdings.com/index.html#1

Basically a real estate development targeting Chinese nationals to invest in the USA to provide jobs and thus gained residency.  Called the EB-5 program and they developed the Blu Northline Apartments in the university area which are quite nice I must say. 

The webpage is in English and Chinese. 

when you translate the Chinese to English you get a slightly different version than the English only section from the home page.

""Shunyuan Holdings currently has more than three million square feet of projects in the Charlotte area, and its asset classes cover traditional multi-family apartment developments, office buildings, and hotels.

Suiyuan Holdings is a regional center accredited by the US Immigration Service. It specializes in the development, financing, and management of various investment immigration programs under the US Immigration Law. It provides foreign EB-5 investors with permanent service status for outstanding services. Green card) and reduce investment risk.

As a wholly-owned company of Suiyuan Holdings in China, Suiyuan·China relies on its vast resource base in the United States to obtain the permanent residence status (green card) for Chinese investors with excellent service and reduce investment risks; Not only does China have exclusive US quality immigration resources, but its unique resources for studying abroad, study tours and summer camps are also very popular. It is a one-stop business professional service for individuals and companies to invest in the United States""

These EB5 investors are extremely shady (and personally I think it's a total racket).

[Windsurfer]

"These EB5 investors are extremely shady (and personally I think it's a total racket).

Citizenship for sale.  I see those ads in Spanish all the time while flying from Latin America. It's a huge deal for Miami.

[Matthew.Brendan]

What exactly is the problem?

[Hushpuppy321]

If this is to actually open in 2021 they’ll need to break ground by this December.  

[KJHburg]

Here is a report on how Ballantyne and I-485 office market has performed by JLL
https://www.us.jll.com/en/views/snapshots/charlotte-snapshot-7-16-19-jll