NorthPoint Ushers In Next Phase of $370M Gastonia Business Park

By the time the dust settles, NorthPoint believes it will invest $370 Million in its Gateway85 project in Gastonia, about 30 minutes west of downtown Charlotte. The park spans 396 acres along Interstate 85 between Gastonia and Lowell.

The Charlotte Business Journal reports NorthPoint is early in the process planning for the next phase of the project, which could accommodate three more buildings totaling over 1 million square feet. It already has invested $255 million into the venture which includes five completed industrial buildings with 3.3 million square feet of space. The developers say the next phase of the project will be built on spec.

The latest completed phase— which includes major operations from Newell Brands and the U.S. Postal Service, among others — has created around 1,000 jobs. Its first phase included buildings making up 910,000 square feet leased to USPS and Amazon. The project is slated to employ 1,700 workers by the close of the next phase.