Developer snapping up more land in downtown Kannapolis

KANNAPOLIS, N.C. — Lansing Melbourne Group is continuing its progress in helping remake downtown Kannapolis.

Last week, Kannapolis City Council held a public hearing to approve a sale agreement for more downtown building space to go to Florida-based LMG for redevelopment. LMG will pay $1.2 million for 14 building spaces with approximately 115,000 square feet of space, according to city documents. The sale includes buildings known as Block 1 on the Main Street side of downtown Kannapolis, documents state.

The purchase adds even more space to LMG’s redevelopment portfolio as part of the larger, $500 million downtown revitalization project by the city of Kannapolis.

You can read more about this project by clicking here.

Kannapolis unveils first phase of downtown revitalization project Kannapolis unveils first phase of downtown revitalization project

Cox Media Group