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City of Kannapolis Residential and Commercial Development Growth Trend Continues in 2021

City of Kannapolis Residential and Commercial Development Growth Trend Continues in 2021
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City of Kannapolis expects growth trend to continue in 2021

City of Kannapolis expects growth trend to continue in 2021 In January, the Kannapolis Zoning Commission approved almost 500 new multi-family units, reinforcing the continued strength of the multi-family market in the City. (Source: City of Kannapolis) By David Whisenant | March 5, 2021 at 2:20 PM EST - Updated March 5 at 2:20 PM KANNAPOLIS, N.C. (WBTV) - From the City of Kannapolis: In 2021, the City of Kannapolis expects to see a continued trend of positive growth in both residential and commercial development as a result of the Kannapolis City Council’s emphasis on strategic economic development policies and investments, along with a strong regional economy. Numerous subdivisions, apartment and townhome communities and commercial and industrial projects have been approved or are in the process of being approved. Kannapolis is the 20th largest city in North Carolina and the population is approximately 51,000.

New homes, new jobs, new businesses: Kannapolis grew in 2020 despite obvious challenges

Thomas Lott Kannapolis saw the effects of COVID-19 in 2020 just like every other town center in the area but did its best to continue to improve. While sales tax was down, along with several other revenue streams that aid in the growth of the ever-developing Kannapolis, the city pressed forward in its quest to not only revitalize its downtown but bring jobs and homes for those looking to move to the area. “As growth happens in the Charlotte region and moves up the I-85 corridor, companies and people look for nearby cities to move to that offer a welcoming business atmosphere and great quality of life for their employees,” said Kannapolis City Manager Mike Legg in a statement. “We have a forward-looking City Council and staff who have invested in the right things to ensure we attract quality companies and grow responsibly.”

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