It’s been nearly three years since Epic Games announced its $95 million acquisition of the 87-acre site of Cary Towne Center mall for its new headquarters. All but one section of the property has been razed, yet there are no visible signs of new development and no zoning or planning requests have been filed with the Town of Cary. So what's going on?
NC scrambles to develop new megasites before missing next VinFast, Toyota bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
by Lawrence Bivins April 7, 2021 .
Editor’s note: Lawrence Bivins is managing director of the North Carolina Economic Development Association, a TechWire partner. Reach him at lawrence@nceda.org
LimeLight is a new feature from WRAL TechWire offering another means of publishing noteworthy news. Be sure to check out more LimeLight worthy news at this link.
RALEIGH – Last month’s announcement by Governor Roy Cooper that FUJIFILM Diosynth Biotechnologies would create a 725-job cell culture production facility in Holly Springs was history-making in its scale and impact. The Japan-based company intends to invest as much as $2 billion in the plant, making it North Carolina’s most capital-rich project in memory. When complete in 2024, the facility will add $5.5 billion to the state’s GDP over the following 12 years, according to an analysis by the N.C. Department of Commerce’s Labor and Economic Analysis Division (LEAD).
Editor’s note: LimeLight is a new feature from WRAL TechWire offering another means of publishing noteworthy news. Be sure to check out more LimeLight worthy news at this link. Lawrence Bivins is managing director for policy and public affairs at the NC Economic Development Association (NCEDA).
BURLINGTON – The sudden and dramatic appearance of COVID-19 last March caught many North Carolina businesses and communities off guard. Most struggled to keep pace with the dizzying array of directives and procedures designed to slow the disease’s rapid spread. Nearly a year later, it remains a challenge.
But opportunities have similarly arrived in the pandemic’s wake. Alamance County, for example, had been a relatively quiet community nestled between the bustling Piedmont Triad and Research Triangle metro areas. Once the heart of North Carolina’s textile economy, the county is now home to retail and distribution operations. Its unique location, along with the presence of a key