High Point, North Carolina
2022
Economic Development Corporation
WELCOME
In these pages you will find many reasons to do business and make yourself at home here. A public-private partnership, High Point Economic Development Corporation (High Point EDC) works to increase community prosperity by recruiting new businesses, retaining existing industry and assisting in revitalization. In 2022, the City of High Point welcomed Forbes Global and Fortune 500 companies, downtown office projects, industry expansion and new local retail. Transformational projects are underway for High Point including new downtown living options, a small-scale manufacturing hub, a shared-use kitchen and the opening of the Home Furnishings Hall of Fame. Looking further ahead, High Point can expect to cheer on the Carolina Core Football Club, an MLS Next Pro team, at Truist Point in 2024. Continued growth in population and workforce is also anticipated as nearly 100 people move to North Carolina daily. Here’s to the City of High Point’s many successes, past, present and future!
Sincerely,
Beth C. Earnst Beth Earnst High Point EDC Chair Sandra. V Dunbeck Sandra V. Dunbeck High Point EDC Director TABLE OF CONTENTS 2 HIGH POINT, NC ECONOMIC DEVELOPMENT CORPORATION HIGH POINT, NC ECONOMIC DEVELOPMENT CORPORATION 3 WELCOME
NUMBERS TRANSPORTATION
DOWNTOWN DOWNTOWN HIGHLIGHTS WORKFORCE PARTNERS SIX INITATIVES 2 4-5 6 7 8-9 10-11 12-13 12-17 18 19
EMPLOYERS PROJECTS PROPERTIES
POINT
NORTH CAROLINA BY THE NUMBERS EDUCATION BY
NUMBERS 114 1 0 # % 57 3 240 72 42 POPULATION 114,612 Guilford County +10% 2011-2021 INCOME Average annual wage: $57,150 LOCATION 3 hours to the beach 2 hours to mountains STATE FOR BUSINESS CNBC 2022 CORPORATE INCOME TAX BY 2030 (Currently 2.5%); STATE OF THE YEAR Business Facilities 2022 DOWNTOWN $24OM invested since 2019 into downtown CLIMATE Degrees Fahrenheit average annual temperature PARKS 42 parks 14.2 miles of greenway ,612 ,150 4 HIGH POINT, NC ECONOMIC DEVELOPMENT CORPORATION HIGH POINT, NC ECONOMIC DEVELOPMENT CORPORATION 5 13 1 6 98 K % # ACADEMIC SCHOOLS Including Engineering, Pharmacy, Health Sciences, and Business MOST INNOVATIVE School in the South, as ranked by U.S. News and World Report. STUDENTS ENROLLED An increase of 4.5% over 2021 STUDENTS EMPLOYED Or futhering education within six months of graduation.
HIGH
BY THE NUMBERS
THE
TRANSPORTATION
High Point, N.C. is located within the Carolina Core, offering ease of access to these sites and more.
Spanning from west of Winston-Salem to southeast of Fayetteville, the NC Carolina Core encompasses 120+ miles and five mega-sites. Recently, four global companies announced expanding to the Carolina Core: Toyota Battery Manufacturing in Liberty, Boom Overture Superfactory in Greensboro at PTI Airport, as well as Vinfast and Wolfspeed in Chatham County.
LARGEST EMPLOYERS
Ralph Lauren
Atrium Health
High Point University
Daimler
Guilford County Schools
Aetna insurance
City of High Point
Environmental
Marsh Furniture
Volvo Group
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2,687 2,100 1,985 1,700 1,605 1,500 1,408 1,368 679 600 550 501 432 408 398 HIGH POINT
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HAECO Americas
GXO logistics
Guilford County
Mickey Truck Bodies
Fastenal
ECOLAB & VOLVO
A Forbes Global 500 company, purchased and is expanding its U.S. Uptime Center to serve as the global headquarters for Volvo Financial Services at 8003 Piedmont Triad Parkway. Expected to be completed in 2023, the project is a $41 millon investment, retaining 360 jobs.
A Forbes Fortune 500 company, selected High Point North Industrial Center as the home for its new Customer Care Center, which will be the city’s largest industrial building at more than 1 million square feet and the site’s first development. The project will retain 125 jobs in the area, create 20 new jobs and cause over $93 million to be invested.
BUSINESS EXPANSION PROJECTS
relocation to The Bedrock located at 275 N. Elm St. The project brings 38 sales and management positions to downtown High Point with plans to add 21 new sales positions over three years - a projected growth of 15 percent per year. The company’s 6,190 square foot lease includes classroom space on the
Cone Health Allergy and Asthma Center expanded from 100 Westwood Ave. to 400 N. Elm Street, investing $315,000 to upfit its new location. Established in High Point in 1977, by Dr. Jose Bardelas, the Center has been in the core city since 1982 and now includes five locations across the Triad.
OFFICE PROJECTS
Dedicated Senior Medical Center, a division of ChenMed, will invest $1.7 million to upfit 131 Greensboro Road, and create 30 new jobs over two years. The patient model includes monthly appointments for preventive medicine and chronic illness management. This high-touch approach reduces emergency room visits and hospitalizations by at least 35 percent, according to company data.
Metal Works of High Point, a secondgeneration family company manufacturing metal components, weldments and assemblies, expanded by adding a location at 1245 Hickory Chapel Road. The project brings a $2.8 million investment and the creation of 20 manufacturing jobs. The 37,050 square foot property houses additional room for assembly to help meet growing demand across the material handling, furniture, transportation, power generation and appliance industries.
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PROJECTS
GROUND BREAKING
DIGITAL RENDERING DIGITAL RENDERING Specializing in workers’ compensation announce tenancy atT he Bedrock inBroadcasting live fromT he Bedrock of iHeart MediaT riad.T he company joins KeyRisk and Coldwell Banker Advantage at The Bedrock having leased 3,250 square feet for 10 years. iHeart Media is the number one audio company in the U.S. and plans to bring special events such as artist meet-andgreets to the Truist Point Plaza.
BUSINESS, INDUSTRIAL & GREENFIELD PROPERTIES
BUSINESS & INDUSTRIAL PARKS
GREENFIELD SITES
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High Point, NC 2001 Brentwood St., 27263 35 Acres Lease or Buy 53303 E. MLK Jr. Drive, 27260 12 Acres, 1 Spec Building I Lease 27265 84 Acres Available for Development 782 Gallimore Dairy Road, 27265 82 Acres Lease or Buy 2519 Sandy Ridge Road, 27235 550+ Acres Lease or Buy 27284 27 Acres Lease Front Street Capital 151 Whitt Road, 27284 4 Spec Buildings Lease 5210 Highgreen Court, 27235 99 Acres Lease or Buy 328 South Road, 27262 187 Acres I Lease or Buy S T T U V W X Y Z Z AA AA S U V W X Y
Industrial Park
Industrial Eagle Hill Business Park East Piedmont Park Elon Park Enterprise Industrial Park Kivett Drive Industrial Park Koury on Gallimore McWay Industrial Park Mendenhall at Piedmont Centre Model Farm Development Pegg Road Industrial Center Piedmont Centre (North) Piedmont Centre (South) Premier Center Southwest Industrial Park Swathmore Industrial Park Townsend Business Park
Alleghany
Baker-Springfield
EXPERIENCE DOWNTOWN
Downtown High Point is home to many restaurants, shops and new developments.
It is a great spot for your last minute dinner plans or on a sunny Saturday afternoon.
TRUIST POINT
Truist Point is home to the High Point Rockers baseball team. Enjoy food from Stock + Grain Assembly Hall before catching a game. This multi use stadium also features Carolina Club Football games.
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301 N Elm St.
DOWNTOWN HIGHLIGHTS
BISCUITS, BRISKET, AND BEER
Grab a bite to eat at Biscuits, Brisket, and Beer before seeing a game at Truist Point. You can’t beat the combo of a smoky brisket and a fresh beer before seeing The Rockers take on a big game.
275 N Elm St Fl 1, # 10.
YUMI SUSHI
Yumi Sushi has been named the best sushi in High Point. It serves all sushi lovers with dishes from fish to vegetarian.
275 N Elm St Fl 1, # 9.
POP’S MINI DOUGHNUTS
Enjoy delicious donuts at a mini size. Stop in today to see their flavors of the week!
275 N Elm St.
MESSAGE COFFEE
Your new favorite latte has just been served at Message Coffee. Their seasonal flavors are destined to brighten your morning.
275 N Elm St.
THE BLOOMING BOARD
Gather, graze and shop at The Blooming Board, a charcuterie lounge serving wine, beer and cocktails. The Blooming Board also offers a curated boutique of women’s apparel and home accessories.
142 Church Ave.
DAMN GOOD
Now talk about some Damn Good burgers, they really are damn good. Along with burgers they also serve hot dogs and vegetarian options!
275 N. Elm St.
NOMAD WINE WORKS
Nomad Wine Works is the Triad’s first urban micro winery, manufacturing red and white wines, as well as hard apple cider, mead and specialty non-alcoholic drinks such as seasonal teas. These creations are served on tap and bring a new experience downtown.
432 N. Wrenn St.
H.P. TROUSERS
H.P. Trousers is an immersive shopping experience specializing in men’s apparel and North Carolina made products. Here, both craft beer and custom jeans can be ordered.Plus, don’t miss the fly-tying classes!
275 N. Elm St.
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Paddled South Brewing Co. was started by two teachers in a historic 1935 building. Enjoy live music with fresh beer on tap.
Stratagon is a marketing firm, renovated its building from a former dry cleaner. Whether it is a billboard or brochure, Stratagon can help.
W English Rd. A coffee shop for all of your caffeine needs, A Special Blend, employs adults with disabilities. 504 N Main
the N.C. Attraction of the Year, The Qubein Children’s Museum is a place of wonder and discovery for all children.
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RUD
502 Main St.
501
St.
Fleet renovated a showroom into modern day office space to house its corporate headquarters.
Named
200
Ave. The
100 Main St. Peters Holdings a full service real estate office, constructed new office space on Main Street. 90 Main St. Plank Street Tavern serves up craft cocktails and live music to boot. 4 Plank St.
A SPECIAL BLEND RUD FLEET PADDLED SOUTH BREWING CO. THE QUBEIN CHILDRENS MUSEUM THE POINT APARTMENTS PETERS HOLDINGS PLANK STREET TAVERN
602 N Main St..
Qubein
Point Apartments offer luxurious one and two bedroomliving options downtown. Stop by for a tour today!
STRATAGON
WORKFORCE PARTNERS
GTCC supports business and industry by helping develop the most valuable asset - people - through the Customized Training Program (CTP), career services, apprenticeships and more.
A “learn and earn” program, GAP connects high school students to paid internships and classes at GTCC. Upon graduation, students receive a high school diploma, an associate degree and a fulltime job in their trained field.
GuilfordWorks offers training services, career fairs, job postings, worker dislocation services and on-the-job training grants to help supply your ideal workforce.
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This year, the City of High Point celebrated the opening of the renovated City Lake Park Event Center and built up its management team by appointing Greg Ferguson as deputy city manager and welcoming Damon Dequenne as an assistant city manager.
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Developing tomorrow’s leaders today, High Point Young Professionals offers a platform for those between the ages of 21-40 to connect with their peers, engage with civic efforts and lead in the community.
SHAPING THE CITY SIX INITIATIVES
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The City of High Point is also exploring the community’s need for a commercial shared-use kitchen to help small businesses grow and scale. Such a facility could help build economic resiliency, strengthen capacity, and create connections.
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Congdon Yards provides the community space to work, gather, innovate and celebrate across its campus. Now, it is also home to The Art Gallery (TAG), a non-profit providing visual art exhibits and educational experiences for the enrichment of the entire community.
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The Southwest quadrant is known for its entrepreneurs and creatives. To further this effort, the City has purchased and plans to renovate 300 A Oak St. into a small-scale manufacturing hub with a $4 million federal grant.
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To embody and embrace the diversity of an inclusive entrepreneurial ecosystem THRIVE High Point empowers and engages minority business owners through intentional programming and grant funding.
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20 HIGH POINT, NC ECONOMIC DEVELOPMENT CORPORATION SARAH STEVENSON, MONTANA BROWN PENNY WESTGARD, SANDY DUNBECK City of High Point 211 S. Hamilton St., Suite 200, High Point, NC 27261 HPEDC@HighPointNC.gov 336.883.3116 HighPointEDC.com