Success Stories & Business News

Success Stories & Business News

 

Business News

The Kannapolis City Council and Fortius Capital Partners celebrated the groundbreaking of Lakeshore Corporate Park this morning.   The corporate park will be located on a 55-acre site at Lane Street near the I-85 Exit 63 interchange and has excellent access to Charlotte and Greensboro. The property is next to Lake Fisher which is a protected reservoir. It was the former site of the Intimidators Baseball Stadium.   Fortius Capital Partners is a Concord-based developer who is...

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The City of Kannapolis has been named one of the Top 15 Cities in the U.S. for Corporate Headquarters Relocation. The designation was recently released by the Boyd Company and featured in Site Selection Magazine. Over the last decade the City has been successfully implementing a revitalization program built on bringing economic opportunities and companies to Kannapolis.   “We are excited to be recognized as a top location for corporations and their staffs. The City Council and s...

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New Development Coming to Kannapolis Insite Properties Projects $500 Million in Private Investment   During the last decade, the Kannapolis City Council has been bold and visionary as it worked to position our City as a destination for economic prosperity. Investments have been made including the purchase of downtown, completion of the Atrium Health Ballpark, West Avenue Streetscape, a public parking deck, two new fire stations, utility extensions to support major new industrial de...

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The City of Kannapolis, located minutes north of Charlotte, N. C. along the I-85 corridor, has gained the reputation of being a visionary forward thinking City. The City has much to offer including all the usual superlatives you hear cities tout – but of course, we think we are the best at welcoming businesses. Whether you are an entrepreneur, or a major industry leader Kannapolis has the environment you are seeking. We are ready to help you discover the potential of your business. &nbs...

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The City of Kannapolis has been honored with the prestigious American Planning Association Excellence in Economic Development Award. The City was recognized for its Downtown Master Plan which resulted in the completion of new infrastructure, the West Avenue Linear Park, the VIDA parking deck and the Atrium Health Ballpark.   The honor is considered the Top Award for Excellence in Best Practices that can be achieved by a City. Presented annually the award is given by the American Plann...

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Zipline, a leading drone operator, will begin delivering prescription medicines to patients' homes in a suburb of Charlotte, North Carolina, this year, helping usher in the long-anticipated era of routine drone drops. Why it matters: Battery-operated drones could satisfy our demand for "instant delivery" in less than 15 minutes, while easing traffic congestion, improving safety and helping the environment. The big picture: Drones routinely deliver medicine, food and sundries ...

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The City of Kannapolis, Temerity Capital Partners, and the Lansing Melbourne Group announced the next development project for downtown Kannapolis during a groundbreaking ceremony today. The project, Stadium Lofts, will be constructed on West Avenue, adjacent to Atrium Health Ballpark. Temerity Capital Partners and the Lansing Melbourne Group will purchase the block from the City of Kannapolis and will invest $8.5M in the seven-story mixed-use development on the site. The site will include ...

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Business Facilities magazine, a significant source of trade information for national economic development site selection professionals, has for the first time ranked Rowan County among the top 10 metro areas in America for food processing locations.   Rowan County earned the No. 7 ranking in North America, including the top spot in the Mid-Atlantic, as well as No. 2 in the Eastern half of the United States.   Combine this with North Carolina being Forbes magazine’s &l...

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Today, another exciting step was taken in the revitalization of downtown Kannapolis.  Officials from the City of Kannapolis and Lansing Melbourne Group (LMG) broke ground on a mixed-use project that will bring additional retail and downtown living options to this thriving community.   The project, known as 200 Main, will be constructed at the corner of Main Street and Cannon Baller Way, adjacent to the recently completed Vida Kannapolis.   The new project will be approx...

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The City of Kannapolis has reached an agreement which will bring more development to West Avenue. The City will provide three parcels of property to Right Field Development, LLC as an investment incentive. The land has an appraised value of $1,668,442. In return, Right Field Development, LLC will develop the parcels into apartments, restaurants, retail stores, condominiums and possibly a hotel. Construction must be completed by 2026 with a minimum tax value of $40,125,000.   The parce...

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Posted in: Business