10 Year Growth of New Business
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The past decade of economic development in Charlotte-Mecklenburg totals almost $12 billion in announced new businesses. This investment by 7,011 firms created jobs for 61,174 people and absorbed 114 million square feet of floor area.
 The following summary lists major new business announcements since 2000. In this ten year period, significant announcements have included Designline International, Aloft Hotel, IKEA, Charlotte School of Law, Bank of America Office Tower, The Ritz Carlton, The NASCAR Office Tower, Prairie Packaging, US National Whitewater Center, Rubbermaid, Johnson & Wales University, Bobcats NBA Franchise, SPX, Carlisle Companies, Billy Graham Evangelistic Association, Goodrich, The Westin Hotel, Neighborhood Assistance Corporation of America and Zenta.
| Year Announced |
Firms |
New Employment |
Square Ft. (Mil.) |
Investment (Mil.) |
Highlights |
| 2009 |
526 |
5,118 |
5.2 |
1,828.50 |
Neighborhood Assistance Corporation of America, Zenta, GMAC Financial Services, Husqvarna, Siemens Energy, Diagnostic Devices, North Lake Business Park, Electrolux, Premier |
| 2008 |
757 |
4,701 |
19.7 |
$1,138.40 |
IBM Lender Business Process Services, Designline International, Areva, Aloft Hotel, Village at Lake Norman, Doosan, Cefla America, Hotel Sierra, Sykes Industrial Park West |
| 2007 |
863 |
5,954 |
18.3 |
$885.10 |
IKEA, Convergys, Shaw Group Inc, Charlotte School of Law, Carolinas Healthcare: Levine Children's Hospital, Ballantyne Corporate Park, Southfair Plaza, Fountainhead Stoneworks |
| 2006 |
586 |
5,554 |
14.7 |
$2,853.30 |
Bank of America Office Tower, NASCAR Office Tower and Hall of Fame, Rubbermaid, Shutterfly Inc., Greyson Ridge, Mountain Island Promenade, Prosperity Pointe, Silver Landing |
| 2005 |
562 |
5,667 |
7.2 |
$853.30 |
Ritz Carlton, Prairie Packaging, Pulte Mortgage, Neiman Marcus, ScentAir, Chelsea Therapeutics, Kontane Logistics, Ruth's Chris Steakhouse, McCormick and Schmick's |
| 2004 |
632 |
5,547 |
13.1 |
$703.30 |
Morton's Steakhouse, U.S. National Whitewater Center, Blue Bell Ice Creamery, Contractor Yard, Whole Foods, First National Bank of Arizona |
| 2003 |
862 |
9,719 |
7.7 |
$904.80 |
General Dynamics Armament & Technical Products, Steele Creek Place, Elizabeth Project, The Arbors at Mallard Creek, Wilkinson Park Business Center, Galyan's, Millennium Square |
| 2002 |
692 |
5,612 |
9.2 |
$1,441.40 |
NBA Franchise, Johnson & Wales University, Crosland's West Side Project, North Crest Development, Pinnacle Point Development, PCI Wedeco, The Cheesecake Factory |
| 2001 |
676 |
4,709 |
10.6 |
$881.20 |
SPX, Carlisle Companies, Billy Graham Evangelistic Association, Davidson/30 Building, Torringdon II development, Floyd Smith Building, Beltway Business Park Office |
| 2000 |
855 |
8,593 |
8.4 |
$1,303.20 |
Westin, First Charter Corporation, Trizec Hahn's office development at I-77 & Reames Road, Team Vest, Inc., Smith Corners development at I-77 & WT Harris Blvd. |
Total
(2000-2009) |
7,011 |
61,174 |
114.1 |
$11,992.50 |
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