December 2024 Luncheon: “Cultivating Prosperity: Development Insights from Cabarrus and Iredell Counties”
Submitted by Julie Pruett, Marlboro Development Team
Grant Miller, Executive Vice President at Colliers, moderated an engaging panel discussion on economic development and key projects in Cabarrus and Iredell Counties during CREW Charlotte’s final luncheon of 2024. Miller was joined by Jay Blanton, Managing Partner at Insite Properties, LLC; Jenn Bosser, President & CEO of the Iredell County Economic Development Corporation; and Irene Wong, Economic and Community Development Director for the City of Kannapolis.
The panel highlighted the recent growth in the thriving northeastern communities within the Charlotte MSA. Jenn Bosser shared how Iredell County has prioritized industrial product development over the past five years, noting that they were “in the right place at the right time” with strong support from elected leaders. Similarly, Irene Wong emphasized that Kannapolis has experienced its most significant economic development project announcements in history within the last few years. With major additions like Eli Lilly and Red Bull, Cabarrus County is flourishing. Meanwhile, Jay Blanton detailed how his team at Insite Properties capitalized on this growth by acquiring property surrounding The North Carolina Research Campus and proposing substantial residential development on many of the adjacent parcels.
A common theme among the panelists was the importance of collaboration in making communities attractive for development. They emphasized strong relationships with governmental bodies, including economic development organizations, permitting offices, and elected officials. Additionally, they discussed how existing and planned infrastructure improvements—including utilities—have been and will continue to be a key driver of growth in these communities.
The insights shared by the panel underscored the importance of strategic planning, collaboration, and visionary leadership in shaping the future of these vibrant communities. Cabarrus and Iredell Counties hold tremendous potential for continued growth, further strengthening the Charlotte Region as a dynamic hub for business and development.
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