Incentives and Grants

Industrial Grant Program

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 Cabarrus Economic Development.

Grants considered generally 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. For more details or information on reinvestment project incentives, please contact Director of Economic & Community Development Irene Sacks or 704-920-4326.

Corridor Appearance Improvement Program

The City of Kannapolis is working with businesses and property owners to improve the appearance of the City’s commercial corridors. As a gateway to our community, we want to make a better first impression on visitors to Kannapolis as a desirable place to live, work and visit.

Program Components

Facade and Site Improvement Matching Grant

The City will provide a matching grant for up to 50% of the total project cost for property and business owners to improve the appearance of buildings, landscaping, and site improvements on North and South Main Street. Initial applications are due September 29, 2017. Click here for application guidelines and submittal information.

 

         
  Elizabeth's Salon - before improvements   After landscaping improvements and new awning.  
         
         
     
  BYB Auto - before improvements   After new siding and windows.  
         

Landscaped Medians – The City installed trees in the medians along Cannon Boulevard.

Wayfinding and Gateways – The City is developing a plan for wayfinding and gateway signage to help visitors know where they are.
Code Enforcement – The City is continuing proactive code enforcement efforts along key corridors to address violations such as improper signage, deteriorated structures, and cars parked in the right of way. For more information, click here or call 704-920-4350 to speak with a code enforcement officer.

Help us take pride in our community and improve our properties!