The City of Kannapolis has reached an agreement which will bring more development to West Avenue. The City will provide three parcels of property to Right Field Development, LLC as an investment incentive. The land has an appraised value of $1,668,442. In return, Right Field Development, LLC will develop the parcels into apartments, restaurants, retail stores, condominiums and possibly a hotel. Construction must be completed by 2026 with a minimum tax value of $40,125,000.
The parce...
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