Catholic Diocese sells land in Ballantyne for school, multifamily development

Ballantyne The views of Ballantyne from the 16th floor rooftop area at Hestia, a high-end Asian fusion restaurant with a sushi bar. Credit: Melissa Key/CBJ

By Charlotte Business Journal

CHARLOTTE — The Catholic Diocese of Charlotte and Woodfield Investment have finalized the sale of 71 acres in Ballantyne, bringing Charlotte-Mecklenburg Schools one step closer to breaking ground on two projects.

The property at 7000 Endhaven Lane was purchased by Woodfield from the Diocese for $36 million. Bill Ziegler, owner and president of Ziegler and Co., said the sale closed March 15.

[ ALSO READ: Masks to be optional on CMS buses starting Monday, officials say ]

In late February, Charlotte City Council approved the rezoning petitions for the property and a 36-acre site on Ardrey Kell Road where a new elementary school and 349 multifamily units will be built.

Read more here.

(WATCH BELOW: Olde Meck Brewery to anchor new entertainment district in Ballantyne)

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