Home / Inside Tract / Lake Norman economic development agency on the hunt for developer

Lake Norman economic development agency on the hunt for developer

What do you do when you’ve got a lot of land that could be developed but nothing seems to be happening to it?

If you’re the Lake Norman Regional Economic Development Corp., an economic development agency, you hire a developer as a “product facilitator.”

LNREDC’s product committee is looking for developers with experience in commercial and industrial projects to serve as a facilitator. The facilitator will help remove obstacles to commercial and industrial development in the towns of Cornelius, Davidson and Huntersville, according to the request for qualifications for the position.

“There is plenty of land in those towns that could be developed for office or industrial projects, but nothing is being done really to make that land palatable to those projects,” said Mike Griffin, chairman of LNREDC’s board and co-owner of Cornelius-based Griffin Bros.

“The town leaders have done a good job of developing the corridors around those towns, but the land in those corridors is owned by multiple people. This isn’t a situation like Ballantyne, where you have one family owning the land and you can develop it easily.”

Griffin said the facilitator position is one of two contract positions the committee plans to fill this year. The other position is for a strategic consultant, who will review the committee’s performance and suggest ways to increase efficiency, he said.

Combined, the budget for both positions is $60,000.

Submissions from those interested in the two positions are due Wednesday. LNREDC’s product committee will vote on submissions Sept. 20.

Scott Hensley, president of the Charlotte Region Commercial Board of Realtors President, lauded the committee for creating the two positions.

“They are trying to identify what types of commercial development are needed in the Lake Norman area,” he said. “They’re not only identifying the type, but also want to identify specific sites and developers.”

Those interested in applying for the positions can apply to:

Lake Norman Regional EDC, Executive Committee

13801 Reese Blvd. West, Suite 200-A

Huntersville, NC 28078

Scott Baughman can be reached at scott.baughman@mecktimes.com.

Leave a Reply

Your email address will not be published. Required fields are marked *



%d bloggers like this: