Think Kannapolis Development Guide

DE VELOPMENT GUIDE www.thinkkannapolis.com

The North Carolina Research Campus | Science flourishes on the $1.5 billion NC Research Campus as universities, non-profit institutes and private firms grow their research teams and build upon their initial investments.

DE VELOPMENT GUIDE

Table of Contents

Life Science Powerhouse Emerges .................................................................................. 5 Big City Attitude, Small Town Charm ............................................................................. 8 The Dynamic Kannapolis Parkway Corridor.............................................................10

Stop Here: Key Interstate Locations .............................................................................11 Key Stats....................................................................................................................................12 Incentives .................................................................................................................................13

Contact Directory Mike Legg Kannapolis City Manager Phone: 704-920-4300 www.thinkkannapolis.com mlegg@cityofkannapolis.com

Irene Sacks Director of Business & Community Affairs Phone: 704-920-4326 www.thinkkannapolis.com isacks@cityofkannapolis.com Margie Bukowski Cabarrus Economic Development Phone: 704-260-8107 www.cabarrusedc.com mbukowski@cabarrus.biz

Robert Van Geons RowanWorks – Economic Development Phone: 704-637-5526 www.rowanworks.com robert@rowanworks.com Clyde Higgs Vice President, Business Development Castle & Cooke North Carolina LLC North Carolina Research Campus Phone: 704-273-1204 www.ncresearchcampus.net chiggs@castlecooke.com Benjamin Machon David H. Murdock Research Institute Phone: 704-250-2648 www.dhmri.org bmachon@dhmri.org

The NCRC has progressed quickly since the groundbreaking of its first building in 2006. Today it has expanded to include universities, corporations, health care partners and a community college that brings over 600 jobs to the area.

Life Science

Powerhouse Emerges Long known as a top destination for life sciences, the state of North Carolina and the Charlotte region in particular has an emerging asset that is gaining recognition.

Begun as a massive redevelopment project and real estate venture, the NC Research Campus in Kannapolis is hitting its stride since its inception in 2005.

Impressive science is beginning to flourish on the $1.5 billion campus as universities, nonprofit institutes and private firms continue to grow their research teams and build upon their investments.

Over 300 scientist and support staff are employed on the campus, showing significant growth for a complete redevelopment of the site that was formerly home to a 6.8 million square foot textile mill complex.

The vision for the Campus calls for public and private scientific collaboration focused on health, wellness and nutrition. Planned for expansion over the next few decades, the Campus will eventually be home to 5,000 onsite employees and has the potential to lead to the creation of more than 30,000 jobs in the Charlotte region.

When it comes right down to it, the goal of the NCRC is to take ideas created by the university

and non-profit organizations and turn them into profitable ventures.

The NCRC also hopes to take fledgling ideas from the private sector that need more time in an environment not driven by earnings goals and put them back in the non-profit/ university research setting. There, these ideas can grow until they are mature enough to place back into the private sector.

University Research

Campus tenants include eight research universities – seven from the University of North Carolina system as well as Duke University. Each brings unique projects and research teams to the campus.

Duke University

Duke University’s Translational Medicine Institute focuses on speeding the movement of new therapies from the research lab to the patients who need them most. As part of this focus, the University is leading the M.U.R.D.O.C.K. Study, which has the potential to revolutionize health care by finding ways to match treatment to a patient’s genetic profile.

UNC-Chapel Hill

The UNC Nutrition Research Institute (NRI) is leading the development of “individualized nutrition” – understanding 5

why people’s metabolism and nutrition requirements differ from one another. This pioneering research will transform the field of nutrition and ultimately enhance public health worldwide.

North Carolina State University

The North Carolina State University Plants for Human Health Institute integrates research in metabolomics, biochemistry, pharmacogenomics, breeding and postharvest attributes to help develop mainstream fruit and vegetable produce with enhanced health benefits as well as the introduction of new crops and products.

UNC Charlotte

UNC Charlotte’s Bioinformatics Service Center provides specialized computer systems and software, data management solutions and analysis for academic researchers and biotechnology companies. In this role, the Center offers sophisticated computational support in the design and development of new research and technologies.

North Carolina Central University

North Carolina Central University’s Nutrition Research Program works on zebrafish and rodent cancer models to advance knowledge of human nutrition at the cellular and genetic level.

NC A&T University

The goal of the NC A&T Center of Excellence for Post Harvest Technologies (CEOPHT) is to develop multidisciplinary programs focused on post harvest technologies including research pertaining to processing, preservation, consumer research, recovery of health promoting food components, food safety issues, storage stability and quality, and value-added product development for food and non-food uses.

UNC Greensboro

Scientists at the UNC Greensboro Center for Research Excellence in Bioactive Food Components are conducting studies to evaluate bioactive components from food, plants and traditional Chinese medicines for the prevention and treatment of metabolic disorders such as diabetes, obesity and cancer.

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Workforce With more than 10,000 already employed by the health/life sciences and related biotech sector within the Charlotte region, workforce development is well underway to support an endeavor like the NC Research Campus.

In fact, workforce development is so important that a 65,000-square-foot building for Rowan Cabarrus Community College is located on the Campus.

The facility holds classes for the school’s two biotechnology degree programs. This state-of-theart facility boasts a biotechnology training center and a biomanufacturing training center along with a library and student center. It also is home to the RCCC’s nursing class and labratory facilities. The Small Business Center is also located within the facility to assist aspiring entrepreneurs with starting their ventures.

RCCC’s building is home to 200 students and 30 faculty, including the office of college President Dr. Carol Spalding.

Additionally, a labor analysis conducted by Biggins, Lacy, Shapiro & Co. found that the Charlotte region’s existing workforce can support, via its existing workforce, a large biomanufacturing operation.

U.S. Department of Agriculture Along with research universities and private firms, the USDA has also established a presence on the NC Research Campus. The Agricultural Research Services, the research arm of the USDA, is working with UNC-Chapel Hill and NC State University to focus on research related to blueberries and their impact on cognitive functions.

Growing the USDA presence at the NCRC is a major focus area for the City of Kannapolis, and work is underway to develop recurring revenue streams to fund a larger operation.

Appalachian State University The mission of the ASU/NCRC Human Performance Laboratory is to investigate the influence of unique plant molecules (e.g., flavonoids such as quercetin, luteolin, and epigallocatechin 3-gallate or EGCG) on age-related loss of muscle mass (sarcopenia), muscle mitochondrial biogenesis, and exercise-induced changes in immune function, oxidative stress, and inflammation.

David H. Murdock Research Institute (DHMRI)

Ei, A Pharmaceutical Solution Works Located in the Kannapolis area since 1983, Ei is a full-service contract developer and manufacturer of topical prescription, over-the-counter pharmaceutical, cosmeceutical, and cosmetic liquids, semi-solids, and powders.

Employing about 200, the firm continues to find Kannapolis to be fertile ground and has expanded several times in recent years, most recently retrofitting an abandoned Wal-Mart store. They currently occupy 200,000 square feet.

Founded via a private grant by David H. Murdock, the DHMRI was established as a public charity to support groundbreaking research at the North Carolina Research Campus.

The DHMRI offers capabilities ranging from next-generation DNA sequencing to cutting-edge confocal imaging and the world’s first actively-shielded 950 MHz Nuclear Magnetic Resonance (NMR) Spectrometer.

The DHMRI is the first of its kind, housing this unique collection of state-of-the-art instrumentation in one central location. Housed in the David H. Murdock Core Laboratory Building, the DHMRI covers over 105,000 square feet of specialized laboratory space.

The DHMRI currently has five focused labs in operation – light microscopy, NMR, genomics, proteomics and metabolomics. Clients from both private and academic institutions use the facility, with some traveling to Kannapolis from other states to conduct their research.

An impressive list of industry partners has been assembled, including Carl Zeiss MicroImaging, Bruker, Waters, Microsoft, APC, Citrix and others.

The DHMRI also hosts workshops, seminars and user group meetings on a consistent basis, giving scientists information and training on how to access and use the instruments at DHMRI for their research needs.

Private Firms

From powerhouses Dole Foods, General Mills and

Monsanto to start-up firms, private industry has invested in Kannapolis and the NC Research Campus.

These firms have been drawn to the Campus for many reasons, including its location in the Charlotte market, the opportunities for partnership with major research universities, and the analytical equipment at the DHMRI. In fact, General Mills sees the Campus as a onestop shop as they work to enhance their product development capabilities by partnering on upstream technology and basic nutrition research.

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Situated in the heart of the Charlotte region, Kannapolis is a community that proudly embraces its small-town nature.

From free community concerts and movies all summer to active civic and church organizations to local schools with throngs of alumni boosters, Kannapolis lets you live 20 minutes from a major urban core and all its offerings and also enjoy the local Minor League professional baseball team down the street.

When it comes right down to it, Kannapolis can be as big city or small town as you make it.

Not only is Kannapolis an emerging biotech powerhouse, but the City also touts a proud motorsports tradition.

The hometown of the legendary Dale Earnhardt, the City continues to embrace the racing industry with major teams like Stewart Haas Racing headquartered here.

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For families, Kannapolis offers a Summer Events Series that features concerts, live arts, storytelling and movies each weekend. Our park system boasts a train, splash pad, athletic facilities and greenways. Our minor league baseball team, the Kannapolis Intimidators, provides outstanding entertainment, fireworks and of course, professional baseball for much of the year.

Our neighbors in the rest of Cabarrus County offer many things to see and do as well. Whether it’s a visit to Charlotte Motor Speedway for a race, Concord Mills for a little shopping or the Davis Theatre to take in a Broadway revue – there’s something for every member of your family right in our local area.

Nearby Charlotte also offers a wealth of opportunities to enjoy the arts, culture and sports. The NFL Panthers and the NBA Bobcats call Charlotte home and provide a host of entertainment during football and basketball season.

The Levine Cultural Campus is home to the Mint Museum, the Bechtler Museum of Modern Art, the Harvey B. Gantt Center for African-American Arts & Culture, and the Knight Theatre.

In addition, Center City Charlotte features the NASCAR Hall of Fame and the Blumenthal Performing Arts Center, host to operas, symphony performances and Broadway musicals.

Kannapolis and the surrounding region also offers a wealth of activities for the outdoor enthusiast. Lake Norman, the state’s largest man-made lake, features 520 miles of shoreline within 20 minutes of Kannapolis perfect for sailing, wind surfing, power boating and fishing.

Unique Educational Opportunities The City of Kannapolis is served by two primary public school systems for K-12: Kannapolis City Schools and Cabarrus County Schools. Each of these school systems offers a unique educational environment.

The Kannapolis City School system is a small district of just 5,200 students. With one high school, the sense of community in the district is very strong. Not only that, but students in KCS consistently score higher than their peers in North Carolina in science and math end-of-grade tests.

Cabarrus County Schools also serves students residing in Kannapolis. While Kannapolis City Schools represents one of the smallest districts in North Carolina, Cabarrus County Schools is the 10th largest. Reading and math scores in this district are consistently at the top of state rankings.

In addition to the two public school districts serving Kannapolis, there are several private school and charter school options in the area.

Just 40 minutes from Kannapolis is the U.S. National Whitewater Center, a world-class outdoor adventure center that is both a public recreation facility and a training ground for Olympic athletes.

Not only that, but the Blue Ridge Mountains are just two hours away and the beaches of North and South Carolina are less than a four hour drive.

INTERACT: Visit www.cityofkannapolis.com to learn more about Kannapolis and the surrounding area.

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The Dynamic Kannapolis Parkway Corridor

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home to top employers, new investments, high-quality retail and is perhaps the most promising business development in the City outside of the NC Research Campus.

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Connecting to I-85 at Exit 54, locations on the Parkway are only 20 minutes from downtown Charlotte, 30 minutes from CharlotteDouglas International Airport and 10 minutes from the bustling University Area, which is home not only to UNC-Charlotte but major employment centers for Wells Fargo, TIAA-CREF and others.

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Stanley Works | More than 300 employees manage all of the U.S. distribution for Stanley Works at its one million square foot facility in Kannapolis.

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Kannapolis Pwky/ Trinity Church Rd.

The Parkway area is currently home to firms like Novant Health, Stanley Works, and Shoe Show, but much of the area is available for future development.

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Stop Here: Key Interstate Locations Located on the critical I-85 corridor connecting Atlanta to Washington, D.C., Kannapolis boasts five interstate interchanges. In varying forms of development, these interchanges range from largely rural to retail-centric.

EXIT 54 Exit 54 is the gateway to the emerging Kannapolis Parkway Corridor. With large parcels available just off the interchange, Exit 54 is an ideal location for a relocation or expansion.

EXIT 55 The NCDOT embarked on a major overhaul of I-85, which included widening the roads at Exit 55. Key industrial sites of this exit includes Stanley Works, the Kannapolis Gateway Business Park and Biscayne Industrial Park.

EXIT 60 Exit 60 offers a healthy mix of retail and office/institutional opportunities. Home to the Chamber of Commerce and Economic Development Corporation for Cabarrus County, this exit also has several lodging options.

EXIT 58 One of the oldest exits in Kannapolis, Exit 58 is dominated by retail development. Exit 58 connects at Highway 29, which is the main route between downtown Kannapolis and downtown Concord. To accomodate for increasing traffic, NCDOT has expanded travel lanes around this exit and enhanced connectivity to the Cabarrus County Transit Center. This interchange is also home to CMC-NorthEast, a 457-bed hospital with a Level III trauma center.

EXIT 63 Exit 63 has seen increased development in recent years. Previously, the most rural exit in the City, today it is home to Carolinas Healthcare System, a $17 million free-standing emergency room facility and a future Research Commerce Park that will include 275,000 square feet of mixed commercial

INTERACT: Click on the green exit sign to view the area in Google Maps.

space likely to include a retail pharmacy, convenience store and office buildings.

Exit 63 is also home to CMC-NorthEast Stadium, home of the Class-A Kannapolis Intimidators.

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Key Stats

Kannapolis

Cabarrus County

Total Population

43,782

184,050

1,831,084

Total Households

16,316

68,363

675,362

35

36

37

8.1%

7.3%

6.9% 7.2%

Median Age Age % Population

Population

Household Income

Workforce Education

0-4

MSA

5-9

7.6%

7.9%

10-14

6.9%

7.6%

7.3%

15-19

6.4%

6.9%

6.7%

20-24

6.0%

5.1%

6.4% 8.3%

25-29

6.9%

5.9%

30-34

7.2%

6.7%

8.6%

35-39

7.0%

8.0%

8.9%

40-44

6.8%

8.0%

8.2%

45-49

6.8%

7.7%

7.1%

50-54

6.6%

6.9%

6.3%

55-59

5.3%

5.7%

6.0%

60-64

5.1%

4.9%

4.9%

65-69

3.9%

3.7%

3.0%

70-74

3.0%

2.7%

2.6%

75-79

2.3%

2.0%

2.1%

80-84

2.0%

1.5%

1.4%

85-89

1.3%

1.0%

0.7%

90+

0.7%

0.4%

0.4%

Average Household Income

$55,973

$71,425

$74,924

Less than High School

7.9%

13.5%

4.8%

High School

31.3%

32.2%

24.0%

Some College

23.1%

20.7%

22.0%

Associates Degree

9.1%

10.4%

8.2%

Bachelor’s Degree

12.0%

16.5%

23.0%

Graduate/Professional Degree

4.9%

6.9%

10.4%

Agriculture, Forestry, Fishing Mining

0.7%

0.7%

0.6%

Construction

7.4%

7.8%

6.2%

Manufacturing

10.6%

10.8%

10.6%

Transportation, Utilities

6.0%

5.5%

5.2%

Employment by Industry †

Information

2.7%

2.2%

2.4%

Wholsale Trade

3.6%

3.3%

3.7%

Retail Trade

13.3%

12.5%

11.2%

Finance, Insurance, Real Estate

5.9%

8.6%

11.1% 5.5%

Other Services

5.3%

4.9%

Public Administration

3.1%

3.0%

2.5%

Education Services, Health Care, Social Assistance

23.7%

22.4%

19.3%

Arts, Entertainment, Recreation

9.0%

9.3%

10.4%

Professional, Scientific, Administrative Services

8.7%

8.9%

11.4%

These numbers provided by ESRI 2010. For more information or full reprints, Contact Irene Sacks.

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† Employment by industry numbers reflect the employment of residents, not the types

of industries in the city of Kannapolis, Cabarrus County or the Charlotte MSA.

Incentives Incentives are available to a broad range of investments in the City of Kannapolis. Not only does the City offer the formal programs listed below, but the leadership of Kannapolis is eager to think creatively, develop partnerships and in short, find strategic ways for the public and private sector to work together to ensure projects move forward.

Kannapolis provides an industrial incentive grant program to help encourage the expansion or relocation of businesses and industry to the City.

These grants are awarded by the Kannapolis City Council with the aid of the City’s economic development partners, RowanWorks and the Cabarrus EDC.

Grants considered have end uses that include, but are not limited to, corporate headquarters, manufacturing, assembly, fabrication, processing operations, research and development, motorsports facilities, warehouse/ distribution or office buildings.

The incentives generally:

• Have minimum capital investment of $3 million

• Grant equivalent to 85% of real and personal property tax paid • Have a grant award period of three (3) consecutive years

• The City also partners with developers and businesses on major projects on a case-by-case basis. These often include partnerships in construction of public infrastructure.

Other Programs

In addition to the traditional agreements offered by the City and its county economic development partners, other programs are available for different types of organizations.

The North Carolina Biotechnology Center offers a loan program for promising start-up ventures, and there are also resources available via various venture capital funds.

For more information, contact:

Corie Curtis Executive Director, Greater Charlotte Office, NC Biotechnology Center Phone: 704-687-8563 corie_curtis@ncbiotech.org

For more details, including information on reinvestment incentives, or to discuss your individual project please contact: Irene Sacks Director of Business & Community Affairs Phone: 704-920-4326 www.thinkkannapolis.com isacks@cityofkannapolis.com Margie Bukowski Cabarrus Economic Development Phone: 704-260-8107 www.cabarrusedc.com mbukowski@cabarrus.biz

Robert Van Geons RowanWorks – Economic Development Phone: 704-637-5526 www.rowanworks.com robert@rowanworks.com

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