Major new business park planned in north High Point
The second-largest business park in the city’s history could be developed on land in north High Point, creating a prime spot for new job creation and business development.
The city is considering a voluntary annexation of 431 acres near Interstate 40 for a development called the High Point North Industrial Center. The area that would be annexed into High Point, now mostly rural land dotted with some homes, generally borders I-40 on its northern edge, Bunker Hill Road on its western side, Sandy Ridge Road on its eastern border and Boylston Road on its southern edge, according to information on file with the city.
High Point City Council is scheduled to hold a public hearing on the annexation request at 5:30 p.m. Nov. 19 at City Hall.
High Point North Industrial Center could draw employers such as corporate offices and light industrial businesses, said Loren Hill, president of the High Point Economic Development Corp., during the EDC’s annual meeting Thursday afternoon.
The only business park in the city that would be larger is Piedmont Centre, which covers 1,100 acres and is marking its 25th anniversary this year.
The applicant for the annexation for High Point North Industrial Center is 350 South Land Holding, according to a city Planning & Development Department document.
The business was incorporated as a limited liability company five years ago, according to information from the N.C. Secretary of State’s office in Raleigh. The Secretary of State filing lists 350 South Land Holding as a real estate development business with a principal office address in Greensboro.
Hill discussed the new business park during the annual meeting held at High Point University. So far this year, new industries and business expansions have created 2,162 jobs in the city, up 23 percent from the total last year.
“2012 is the best year I’ve seen in the 12 years I’ve been in this job,” Hill said.
EDC Chairman Charles Cain said the job growth during this year shows the city is moving forward.
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