Doing Business in Kannapolis
Incentives
The City of Kannapolis provides an industrial incentive grant program to help encourage the expansion or relocation of businesses and industry to the City. These grants are awarded by the Kannapolis City Council with the aid of the City’s economic development partners, the Rowan EDC and Cabarrus EDC. Click here to see a list of major sites in Kannapolis.
Grants considered generally have end uses that include, but are not limited to, corporate headquarters, manufacturing, assembly, fabrication, processing operations, research and development, motor-sports facilities, warehouse/distribution or office buildings.
The incentives generally:
- Have minimum capital investment of $3 million
- Grant equivalent to 85% of real and personal property tax paid
- Have a grant award period of three (3) consecutive years
The City also partners with developers and businesses on major projects on a case by case basis. For more information or to discuss your individual project, please contact Director of Business & Community Affairs Irene Sacks or 704-920-4326.
Site Selection Assistance
The City of Kannapolis works with its economic development partners, the Rowan EDC and Cabarrus EDC, to identify location options for interested clients. The Charlotte Regional Partnership’s database maintains an inventory of major sites and buildings for the region. Local real estate brokers and developers have information about additional available properties.
For more information, please contact Director of Business & Community Affairs Irene Sacks at isacks@cityofkannapolis.com or 704-920-4326.
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