Laserfiche WebLink
International Business Park This diversified 500 acre commercial and industrial <br />business park is located along Interstate 85 at Exit 55. The Park is currently home to 30 <br />companies, including five international firms and four Fortune 500 firms. Newer additions to the <br />park include Celgard, Bonded Logistics and PreGel America. Two speculative industrial /logistics <br />type buildings are planned for this development and should be underway by 2014. <br />Afton Glen Located just off Interstate 85 at Exit 54, this mixed -use development includes <br />a thriving retail component as well as sites suited for office and institutional uses. Multiple parcels <br />are available and high quality road and sidewalk infrastructure is in place. <br />River Oaks Corporate Center A campus style development located on 150 acres of land <br />at the corner of Poplar Tent and Derita Roads in Concord near Concord Regional Airport. The <br />master plan can accommodate 50,000 to 1.5 million square feet of logistics and manufacturing <br />space. <br />Midland Multimodal Industrial Park. Aberdeen Carolina & Western Railway and a <br />Raleigh development company have plans to build a 125 -acre business park. At full build out the <br />park would contain 4 million square feet of distribution and light industrial space with companies <br />employing more than 1,000 workers. <br />Z -Max Industrial Park Z -Max Industrial Park offers a rail served site with excellent <br />highway access. The site is served by major utilities and is home to motorsports related <br />businesses, including US Legend Cars International. <br />The County's prior rapid growth, largely attributable to the County's position in the Charlotte metropolitan <br />region, slowed as a result of the global recession, but is expected to resume, albeit at a slower pace, as <br />the global economy recovers. The County believes that its short -range and long -range planning has <br />provided the necessary infrastructure to accommodate anticipated growth, and the County cooperates <br />with its municipalities in economic recruiting and development efforts. The Cabarrus Economic <br />Development Corporation (CEDC), which operates with a full -time staff, serves as the primary recruiting <br />and marketing entity. The structure greatly enhances efforts in business retention and expansion, <br />entrepreneurship and new business recruitment. Given these changes, combined with the availability of <br />sites within commercial and industrial parks with all municipal services available located near major <br />highways and interstates, the County expects continued strong economic development in the area. The <br />CEDC has been accredited by the International Economic Development Council which is an independent <br />verification of the status of the organization. The CEDC is one of only 24 economic development <br />organizations worldwide which have been accredited by the International Economic Development <br />Council. <br />The following table lists the 10 largest manufacturing and non - manufacturing employers in the <br />County as of 2012: <br />Approximate <br />Number of <br />Employer <br />Service <br />Employees <br />Carolinas Medical Ctr.- Northeast <br />Medical Center <br />4,500 <br />Concord Mills Mall <br />Retail <br />4,000 <br />Cabarrus County Schools <br />Education <br />3,800 <br />Cabarrus County <br />Government <br />975 <br />City of Concord <br />Government <br />925 <br />Connextions <br />Business Solutions <br />900 <br />Kannapolis City Schools <br />Education <br />750 <br />Shoe Show <br />Shoe Distributor <br />700 <br />Hendrick Motorsports <br />Automotive Racing <br />500 <br />Source: Cabarrus County Economic Development Corporation (2012) <br />Attachment number 1 <br />1 -3 Page 257 <br />