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‘A model that works for us’: Developer’s success in downtown Kannapolis spurs projects elsewhere in

KANNAPOLIS, N.C. — The efforts to revitalize downtown Kannapolis have been significant in recent years. At the center is the new Atrium Health Ballpark, where the Kannapolis Cannon Ballers began play earlier this year. The team’s partnership with city leaders has unlocked downtown as they work to remake its image.

But, there is a third major player in making the revitalization efforts a reality: Florida-based Lansing Melbourne Group. The development company is led by Peter Flotz, founder and president, and co-founder Kent Gregory.

LMG broke ground on its latest downtown Kannapolis project on Aug. 12, a 78-unit apartment complex called 200 Main. It follows the development of Vida Kannapolis, a 289-unit apartment project, and a significant amount of downtown retail space. The company also has several more major downtown projects in the works.

Flotz told the Charlotte Business Journal on Thursday that the downtown efforts in Kannapolis were LMG’s “baby.” Vida is 78% leased already after fully opening earlier this year, and the retail space has filled up quickly. Flotz and his team are ready to charge ahead with more development, both in Kannapolis and elsewhere in the Charlotte region.

Read the full story here.

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