News

Construction will soon begin on Greensboro’s first new downtown office tower in decades, all a part of “Project Slugger.” Front Street Capital announced plans for a groundbreaking on Thursday in the outfield of First National Bank Field, home of the Greensboro Grasshoppers. The 9-story, 110,000-square-foot tower  will stand at the corner of Eugene Street and… Read more »

Amazon confirmed Wednesday it will begin operating a 1 million-square-foot fulfillment center in Kernersville in 2020 with about 1,000 full-time and full-time- equivalent employees. Read more…

The company will lease 50,000 square feet at the Gateway Building on South Elm Street downtown. Read more…

The planned merger of regional banks BB&T Corp. and SunTrust Banks Inc. will result in some management jobs for the combined company being moved out of the Richmond region to Greensboro. SunTrust confirmed last week that it plans to locate the leadership team for the combined company’s mortgage business in Greensboro, which will mean relocating… Read more »

The manufacturer of very light jets will build a new wing assembly center at its 133-acre campus. Read more…

Drivers will soon see signs for “Carolina Core” along U.S. 421. The Department of Transportation will put the signs up in the next 30 days. Read more…  

The Carolina Core took another step in regional branding with an announcement on April 16 that included collective marketing of such assets as the Greensboro-Randolph Megasite and unveiling new highway signage. Read more…  

U.S. 421 will be an interstate highway if Piedmont Triad leaders have any say in the matter. It’s part of an effort to provide another asset to the marketing of the region for economic development, according to Jed McMillan of the Piedmont Triad Partnership. McMillan appeared before the Randolph County Board of Commissioners on Monday… Read more »

The Greensboro-High Point area is once again among the top 10 metros in the nation for economic development. Atlanta-based Site Selection magazine ranked the area 8th among metro areas with a population between 200,000 and 1 million. Read more…

While the “Carolina Core” is made up of a broad swath of land, people and facilities across central North Carolina, its proprietors see it as a strategy, a strategy designed to bring employers to the middle of the state. “It’s strategic in its own right,” says Stan Kelly, president and CEO of Piedmont Triad Partnership… Read more »