catkin build does not place executable in devel folder

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I have a ROS1 noetic project with the following CMakeLists.txt.

cmake_minimum_required(VERSION 3.0.2)
project(ball_tracker_ros)

find_package(ball_tracker REQUIRED)

find_package(catkin REQUIRED roscpp prophesee_event_msgs)

add_executable(${PROJECT_NAME} src/ball_tracker_ros.cpp)

# Specify libraries to link a library or executable target against
# target_link_libraries(${PROJECT_NAME}_node ${catkin_LIBRARIES} )
target_link_libraries(${PROJECT_NAME} ${catkin_LIBRARIES}
                      ball_tracker::ball_tracker)

target_include_directories(
  ${PROJECT_NAME}
  PUBLIC $<BUILD_INTERFACE:${CMAKE_SOURCE_DIR}/include>
         $<BUILD_INTERFACE:${CMAKE_BINARY_DIR}/include>
         $<INSTALL_INTERFACE:include>
  PRIVATE ${CMAKE_CURRENT_SOURCE_DIR} ${catkin_INCLUDE_DIRS})

target_compile_features(${PROJECT_NAME} PUBLIC cxx_std_17)

target_compile_options(
  ${PROJECT_NAME}
  PRIVATE $<$<OR:$<CXX_COMPILER_ID:Clang>,$<CXX_COMPILER_ID:GNU>>:
          -pipe
          -march=native
          -Wall
          -Wextra
          $<$<CONFIG:Release>:-O3>>
          $<$<CONFIG:Debug>:-g
          -ggdb3
          -Og>>
          $<$<CXX_COMPILER_ID:MSVC>:
          $<$<CONFIG:Debug>:/Od
          /Wall
          /Zi>>)

When I run catkin build, the executable (ball_tracker_ros) is only in build/ball_tracker_ros/ and not in devel/lib/ball_ttracker_ros (the folder devel/lib/ball_ttracker_ros does not exist at all). Since I don't get any compilation/linking errors/warning and the binary is in the build folder, compilation seems fine. In the same workspace I also have this package. The executable of this package end in devel/lib/prophesee_ros_driver. Therefore catkin build seems to work and I expect the problem witin the package ball_tracker_ros.