Kannapolis Revitalization

The City of Kannapolis has been named one of the Top 15 Cities in the U.S. for Corporate Headquarter Locations. The Charlotte Metro Region has been designated as the 8th Top Growing Economy in the U.S. 

Private investment in the City of Kannapolis continues with several projects under construction and others expected to begin soon.

View our downtown development map here.


Downtown Projects


  • Pennant Square Townhomes, located off of S. Main Street,is now sold out.
  • Stadium Lofts, West Avenue. The Towel City Tavern Restaurant, on the first floor, is now open. The new and expanded Kannapolis Cannon Ballers team store is now open. The Stadium Loft luxury apartments overlooking  Atrium Health Ballpark will have a ribbon cutting ceremony in July 2024. Contact Information
  • The newly renovated Swanee Theatre is now open and featuring a variety of music concerts. Ticket Information
  • Construction on 200 Main (VIDA II) - which is an additional apartment complex adjacent to VIDA - is underway now.  It is expected to be completed in 2025.
  • Phase One and Two of the historic Gem Theatre Restoration Project is complete. The theatre is open - visit and enjoy a movie.  Ticket Information 


I-85 Corridor Industrial Projects

Four major industrial projects along the I-85 corridor are moving forward. Each one will bring employment opportunities for residents in Kannapolis and the Charlotte Metro Region. 

Kannapolis Crossing/Overlook 85 development is at exit 65. Kannapolis Crossing includes houses, restaurants, businesses, offices and more. Overlook 85 is the industrial portion of the Kannapolis Crossing mixed use project off I-85 at Old Beatty’s Ford Road. Vertical construction of Phase One (1.2M square-feet of industrial space) is well underway.

Drone Video of Location

Lakeshore Corporate Park, on Lane Street on 700,000 square-feet of industrial space across three buildings. The first building has been leased by Chick-Fil-A Supply. Chick-fil-A Supply expects to open in August 2024.  .

Drone Video of Location

Metro 63 on Lane Street off I-85 is complete. Trammell Crow Company constructed this new 755,928 square foot Class A facility. The facility is built to house a wide variety of logistic firms.

85 Exchange will include 1.3 million square feet of industrial space spread across a seven-building complex. It is under construction at the corner of Kannapolis Parkway and Davidson Highway by Trinity Capital. Completion of Phase One will be in 2024. Multi-family and commercial uses are also planned for adjacent sites of the project.



History of the Downtown Revitalization Project:

Here are two videos with Kannapolis City Manager Mike Legg and Cabarrus County Chair Steve Morris providing updates on the project.
March 22, 2018
September 5, 2019



Downtown Revitalization Timeline