NEW! >> Heart of North Carolina MegaPark
The Heart of North Carolina MegaPark is a joint collaboration between Moore County and neighboring Montgomery County to develop a 3,000-acre corporate/industrial mega-site located in both counties. With its strategic location in central North Carolina and close proximity to U.S Interstate 73/74, the site offers easy access to markets throughout North Carolina and the Eastern Seaboard.
Infrastructure: The property offers many advantages for business recruitment and expansion including services from all utilities except natural gas, which is currently available within a 30-mile radius of the site. Fiber optics is available, and in addition to interstate access, rail service is onsite through Aberdeen Carolina & Western Railway that connects to both Norfolk Southern and CSX.
Eco-Friendly: The MegaPark will be developed as a green, environmentally-sustainable corporate/ industrial location. Master planning will incorporate best practices to protect and enhance the natural environment and minimize the use of nonrenewable resources. Specific zoning and covenants will protect onsite wetland areas and wildlife habitats, preserve natural aesthetics and promote conservation planning.
Incentives: The N.C. Department of Commerce categorizes each of the state’s 100 counties into one of 3 “tiers” based on economic well-being. Counties needing a competitive boost to attract new industry are assigned a Tier 1 designation and are eligible for more state incentives at larger dollar amounts. Montgomery County has a Tier 1 status and because 1/3 of the mega-site is located in Montgomery County, the Tier 1 designation applies to the entire site. Businesses locating in the MegaPark may qualify for a job creation tax credit of $12,500 per new job and an investment tax credit of 7% of the cost of tangible personal property.
A project of this scale and caliber in central North Carolina combined with a commitment to environmental sustainability is truly unique in the state and has the potential to not only create tremendous economic and lifestyle opportunities for Moore and Montgomery Counties, but also to revolutionize the entire central core of the state.
>> For more information about the Heart of North Carolina MegaPark, contact us.