Vertical Construction Schedule for NC Research Campus

  • $391.0 million in 2007 including,
    • $28 million: two major parking decks (2,500 spaces)
    • $140 million: the Core Lab and equipment
    • $168 million: UNC, Duke, NCSU and unnamed building

 

  • $203.2 million in 2008 including,
    • $40 million: NEMC, LabCorp, Cabarrus Family Medicine
    • $60 million: Hotel and adjacent Wellness Center
    • $46 million: 445 Townhomes
    • $42 million: first stand-alone biotech office building
  • $355 million in 2009 including,
    • $70 million: retail/restaurant complex with movie theater
    • $136 million: 665 Townhomes and Apartments
    • $56 million: Civic Building
    • $24 million: Community College Building

 

  • $141.3 million in 2010-2012
    • $125 million: remaining biotech office buildings
    • $16 million: residential girls school
  • $127.6 million in 16 parking decks 2008-2012

 

  • Vertical Construction Summary:
    • $1.25 billion in vertical construction 2007-2012
    • 5.5 million square feet office, retail residential space
    • 1,100 dwelling units
    • 18 parking decks: 11,100 spaces, 3.1 million square feet (excludes 1,000 surface/on-street parking spaces)
    • 947,000 square feet of office space for lease (excluding university buildings, Core Lab and Civic Building)

 

 

 


Karen Whichard
City of Kannapolis
Marketing Director/Primary Media Contact
(704) 490-7474
kwhichard@walker-marketing.com

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