McCraney Building $45M Concord Warehouse Park

McCraney Property Co. is building a $45 million industrial park in Concord. Called Concord Gateway, the 55-acre site is just off Exit 55 of Interstate 85.

The plans call for the construction of eight buildings between 10,000 and 64,000 square feet, which would accommodate users from 4,000 to 30,000 square feet.

Charlotte Business Journal reports it will be built in two phases. The project’s first phase involves four buildings and is expected to be completed in 2026. The second phase includes the remaining four buildings and is planned for completion in 2028.

Concord City Council approved a one-year, $94,500 incentives grant for the Concord Gateway project.

McCraney’s portfolio includes another large industrial park in Concord, which is being developed in partnership with Fortius Capital Partners.