Project Detail

This historic downtown mill area has been transformed into mixed-use retail and entertainment areas. Located directly across from this block of retail is the newly constructed Kannapolis baseball field.

Kent Gregory, VIDA co-developer with Peter Flotz, commented on the project by saying, "In addition to the expansion of the Old Armor Beer Company we will be announcing plans this summer to bring entertainment options to the lower level of the old buildings on West Avenue". Many new retail tenants have recently opened and many are under build out now.

Additionally, VIDA is one of the first opportunity zone projects in the United States. The Federal Opportunity Zone designation provides tax benefits to private investors who invest in properties which need to be revitalized.


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Project Highlights

  • Part of the Kannapolis vision included bringing retail to this upcoming community. Block 1 brings retail and entertainment venues into the charm of downtown Kannapolis.
  • Project Challenges: Integrating modern retail and entertainment venues with historic buildings has proven to be a rewarding endeavor.
  • Status: Stabilized
  • Location: Kannapolis, North Carolina
  • Value: $5,000,000
  • Units: 14 Commercial Units
  • Area: 19,899 sqft
  • Project Partner: City of Kannapolis
  • Date(s): Opened 2020
  • Expertise: HISTORICCOMMUNITY BUILDING