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Old 06-08-2017, 06:41 AM
 
6,800 posts, read 4,443,919 times
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This is really good news for economic development efforts in Greensboro:

"Greensboro-based developer Roy Carroll said this week he’s ready to spend from $75 million to $100 million developing shovel-ready building sites and industrial buildings that will help restock the shelves of the economic development inventory.

“I think $100 million will have a significant impact on industrial inventory, especially coming from somebody like Roy who has the community’s best interest at heart and will do the work in a first-class manner,” said Brent Christensen, president and chief executive officer of the Greensboro Chamber of Commerce, and a key leader in Guilford County economic development.

Carroll owns 600 acres in the eastern Guilford County area of Whitsett and about 200 acres in the southern part of the county with railroad frontage near Interstate 85, he said this week.

He plans to grade some sites so corporations can build to suit their needs, and he’s already working with some clients. But most importantly, he’ll build some buildings on speculation that they will house companies that need 300,000 or 400,000 square feet of space. Those are big buildings that could accommodate a wide range of companies that need manufacturing or warehouse space."

Roy Carroll to spend up to $100 million on industrial projects | Local Business | greensboro.com
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Old 06-08-2017, 08:08 AM
 
Location: Greensboro, NC USA
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Roy Carroll is smart. He is full aware that if he wants to keep building expensive high rise residential/mixed use developments downtown, Greensboro needs to attract more high paying jobs to the area so people can afford these luxury condos and apartments. Hopefully Arch Capital will attract spin off white collar jobs which is another thing the city should be focused on. High paying white collar jobs are key to the kind of high density urban office and residential development we are seeing in downtown Charlotte and Raleigh.
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Old 06-08-2017, 11:21 AM
 
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Quote:
Originally Posted by gsoboi78 View Post
Roy Carroll is smart. He is full aware that if he wants to keep building expensive high rise residential/mixed use developments downtown, Greensboro needs to attract more high paying jobs to the area so people can afford these luxury condos and apartments. Hopefully Arch Capital will attract spin off white collar jobs which is another thing the city should be focused on. High paying white collar jobs are key to the kind of high density urban office and residential development we are seeing in downtown Charlotte and Raleigh.
He's building industrial space. We're talking warehouses, distribution centers or light manufacturing type companies that a more blue collar than white collar
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Old 06-08-2017, 12:07 PM
 
Location: Greensboro, NC USA
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Some of that would be hi tech manufacturing as well which may not be white collar but still high paying jobs.
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Old 06-08-2017, 02:56 PM
 
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Where exactly is be putting these 100mil worth of spec buildings? He said he has 600 acres in whitsett and 400 somewhere else seems like there's already some empty buildings companies could
Move into before new ones are built.
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Old 06-09-2017, 06:19 AM
 
6,800 posts, read 4,443,919 times
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Originally Posted by Bpe16 View Post
Where exactly is be putting these 100mil worth of spec buildings? He said he has 600 acres in whitsett and 400 somewhere else...
You more or less answered your own question. The article says he has 600 acres near Whitsett and 200 acres in the southern part of the county.

Quote:
Originally Posted by Bpe16 View Post
...seems like there's already some empty buildings companies could Move into before new ones are built.
G'boro, like most places, has very few available buildings with the features industrial users are looking for...good highway access, high ceilings, wide column spacings, etc. There is a huge need for buildings like that.
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