Documents confirm Ralph Lauren plans major High Point expansion
Documents on file with the Forsyth County Register of Deeds confirm that Ralph Lauren Corp. plans to open an office and distribution facility in High Point.
Carolina Income Properties plans to lease a facility to the apparel company on 116 acres at N.C. 66 and Interstate 74, documents state.
A memorandum of lease, along with a memorandum of option to purchase and other documents, were filed with the Register of Deeds last week. The project is expected to involve construction of a facility that can accommodate hundreds of jobs.
The site is in Forsyth County and was recently annexed by High Point.
Ralph Lauren is already High Point’s largest employer, with more than 2,300 workers at five locations in the city, which include apparel and home goods distribution sites, office operations, a customer contact operation and research and development functions.
There was no comment from the company Monday, but city officials confirmed the expansion plans.
“It is great news for High Point that Ralph Lauren Corporation continues to show its commitment to our city – and in such a dramatic way as this latest major expansion,” said High Point Economic Development Corp. President Loren Hill.
The exact number of jobs the project will create is not yet clear.
Lexington developer Robin Team, whose company will build the facility, said he expects construction to begin in mid-May, with a targeted completion date of September 2015.
He said the facility will be about 843,000 square feet and will be virtually identical in size to another distribution center Ralph Lauren operates on North Pendleton Street.
“This would certainly enhance Ralph Lauren’s position as the top employer in the city,” said Team.
The site could be expanded by about 300,000 square feet, he added.
The Register of Deeds documents state that Landmark Builders of the Triad is the general contractor for the project and the architect is Bradley and Ball Architects.
The High Point City Council last week approved a rezoning, annexation and development agreement for the site. The city will provide water and sewer service to the property at an estimated cost of about $5 million.
City leaders have said the infrastructure could open up to development hundreds of additional acres near the interchange.
“Our city leadership – the council, the city manager, and High Point EDC team – have worked closely with both the company and with Robin Team over many years,” Hill said.