Major Metro63 industrial project announced for Kannapolis
KANNAPOLIS, NC (WBTV) – The Town of Kannapolis welcomes the Trammell Crow Company (TCC), which has announced it has purchased 94 acres of property on I-85 at Lane Street, Exit 63. The property located at 5700 Royce Street will be developed as a Metro63 logistics center.
The company plans to build a new 755,928 square foot Class A speculative development. The facility will be built to accommodate a wide variety of logistics users and will include a transload setup, 190 truck lots, 172 trailer drops, 490 parking spaces and 10 acres of auxiliary parking for an additional trailer and / or car parking. Construction is expected to begin this month and the building is said to be ready to open in August 2022.
“As TCC develops several types of products on its logistics platform, we have particularly noted demand indicators for large transshipment facilities, such as Metro63, which serve both the local population of Charlotte and regional populations, notably the Triad, the Triangle, Wilmington, Asheville and Richmond. , Virginia, ”said Woody Coley, senior vice president of TCC. Coley leads the company’s industrial and office development efforts in North Carolina. “We could not have made progress on Metro63 without excellent collaboration with the City of Kannapolis, Cabarrus County and a local team including Avison Young, OAK Engineering, Samet Corporation, Merriman Schmitt Architects, Nexsen-Pruet and other consultants local. “
“This development is an opportunity to bring more jobs to our city. This site is ideally located for a logistics company as it is close to the Charlotte and Piedmont Triad regions and all the assets a business needs to be successful. We look forward to helping Trammell Crow Company find the best employers and companies for this development in the coming months, ”said Kannapolis Mayor Darrell Hinnant.
Metro63 is located less than half a mile from I-85, 25 miles northeast of downtown Charlotte. The site is less than a 35-minute drive from Charlotte Douglas International Airport.
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