Incentives for North Carolina, Mecklenburg County and Cornelius - Summary

A wide variety of incentives are offered by the State of North Carolina, Mecklenburg County (which includes Charlotte and Cornelius), the Town of Cornelius (where Augustalee is located), utility companies and others.

If you feel your company and its space needs are large enough to qualify for incentives, please contact our leasing representative at CB Richard Ellis (at bottom right).

LOCAL
• Lake Norman Region Economic Development Incentive Grant (Davidson, Huntersville & Cornelius – click here for PDF download)
• Electrical Utility Discounts (Duke Energy, Energy United, ElectriCities)
• Natural Gas Utility Discounts (Piedmont Natural Gas Company)
• Brownfield Incentives
• Tax Increment Financing
• Fast Track Permitting
• Employee Relocation Discounts for Large Group Moves
• Industrial Revenue Bonds

STATE
• Article 3J Tax Credits
• Job Creation Tax Credit
• Business Property Investment Tax Credit
• Urban Progress Zone Tax Credit Enhancements
• One North Carolina Fund Grant (Discretionary)
• Job Development Investment Grant (JDIG) (Discretionary)
• Research & Development Tax Credit
• Work Force Recruitment & Screening via NC Employment Security Commission
• Customized Community College Work Force Training
• Business Energy Loans
• Taxable Development Bonds
• No Inventory Tax

FEDERAL
• New market tax credits

Leasing for Augustalee is handled by CB Richard Ellis, one of the nation’s leading real estate firms. Please contact:

Dan McGinnis, First Vice President
CB Richard Ellis | Retail Services
T 206-292-6092 or 704-335-5826 | C 206-949-8497
dan.mcginnis (at) cbre.com | www.cbre.com
Data Source: Charlotte Chamber Economic Development