Building momentum: Triad economic development leaders confident small projects will follow big announcements
GREENSBORO, NC (WGHP) — On the heels of another major economic development for the Triad, smaller projects may be coming to the area.
“I’m very confident that we’ll see other smaller projects coming that will build on the momentum we’ve built over the past few months. There’s no doubt about it,” said Greensboro Chamber of Commerce President and CEO Brent Christensen.
He explained that suppliers to companies such as Boom Supersonic and Toyota may consider relocating or expanding in the region, as well as companies looking to capitalize on advertising.
“It’s almost like a Good Housekeeping stamp of approval… when it comes to economic development, and so they’ll pick up the phone and say ‘If it was good enough for Toyota and good enough for Boom, let’s see what happens there. -low. It seems to be quite warm. Let’s see if this could be a place for us too,” he said.
Boom Supersonic, a Denver-based company, on Wednesday announced a $500 million investment in Piedmont Triad International Airport, creating more than 1,700 jobs.
Sandy Dunbeck runs the High Point Economic Development Corporation. She said it was too early to tell how many companies might follow.
“People will be looking, and the US 29 corridor and South High Point should get a lot of development. We’re certainly excited to see that,” she said.
Interest peaked in 2021 with the highest number of projects and site visits since 2015.
“These projects will take time to build. It is an 18 to 24 month process to construct buildings. I would say in that time frame we’ll start to quantify and see how much more interest we’re getting due to these more recent announcements,” Christensen said Thursday.
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