Downtown Kannapolis Revitalization Project
Latest Updates and Business Opportunities
August 2019 - City of Kannapolis Update
"Streetlights are going up, the roundabouts are nearing completion, and the fieldhouse construction is moving quickly."
July 2019 Update
The City of Kannapolis is in the midst of investing over $120 million on its Downtown Revitalization Project. The city kicked off the project in 2015 as they purchased the entire downtown district – approximately 50 acres and eight blocks of buildings – from its one property owner. The massive project includes infrastructure improvements, the construction of a linear park and streetscape, a Sports and Entertainment Venue (the new home of the city’s Minor League Baseball team), VIDA Mixed Use District, and a parking deck.
A New Streetscape, Sports & Entertainment Venue and Mixed Use District
Infrastructure improvements and the construction of the city's new streetscape are expected to be completed this Fall. The streetscape will serve as an urban linear park with green spaces for activities, such as concerts, arts, recreation activities, outdoor dining and more. We can also expect to see the opening of the Armory Beer Company this Fall in the former Rotary Building.
(Sports and Entertainment Venue – Wayne Brothers Construction Site. Photo Source: City of Kannapolis)
Construction on the Sports and Entertainment Venue is also underway. The City of Kannapolis and Temerity Capital Partners, the owner of the city’s Minor League Baseball team, celebrated the groundbreaking of the new Sports and Entertainment Venue in October 2018. The venue will be home to the baseball team and will also accommodate other events, such as concerts and conferences. The brand new venue is expected to open to the public in Spring 2020.
VIDA – the Mixed Use District of apartments, a parking deck, brewery, office and restaurant space – is expected to be finished by 2021. VIDA is one of the first Opportunity Zone projects in the United States. Downtown Kannapolis was designated as a federal Opportunity Zone last year after Kannapolis City Council voted to apply for the process. This designation provides tax benefits to private investors who invest in properties and areas which need to be revitalized. In March 2019, the City of Kannapolis and Lansing Melbourne Group broke ground on the VIDA Mixed Use District. Site work for the parking deck is now underway.
Kannapolis Seeks Proposals for Block One Properties
On July 15, the City of Kannapolis announced that it is seeking proposals for the redevelopment of eight buildings in the heart of downtown on West Avenue. Known as Downtown Block One, the buildings are located across from the entrance to the future Sports and Entertainment Venue and near the VIDA Mixed Use District. By partnering with a developer experienced in adaptive reuse, the city’s goal is to preserve the buildings and activate them as part of the downtown business district.
Click here for RFP details (The deadline for proposals in September 6, 2019).
For more information and updates about the Downtown Kannapolis Revitalization Project, visit: www.kannapolisnc.gov/revitalization
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