Economic Development Year in Review 2020-2021

MEGASITE WATER AND SEWER CONSTRUCTION UNDERWAY

Phase 1 construction of water and sewer expansion to the Greensboro-Randolph Megasite began January 2021 and is expected to be completed by spring 2022.

#INVESTEAST GAINS TRACTION The #InvestEast initiative – developed in 2018 to foster investment in east Greensboro – continued unabated. East Greensboro Now reported $50.1 million in commercial building permits within east Greensboro and helped facilitate three commitments for development of priority sites. The organization also successfully deployed and administered $60,133 in matching grants for improvements made to the exterior of commercial properties through its Curb Appeal Improvement Grant Program. Development of Publix’s distribution center in eastern Guilford County has progressed at a rapid pace. In October 2020, Publix announced it would add an additional 1.2 million-square-foot dry grocery warehouse to the 350-acre campus. Project construction is expected to be complete by the end of 2022. The $400 million project was approved for up to $17 million in City incentives in 2018. Publix’s plans call for the creation of approximately 1,000 jobs in its initial phase. PUBLIX DISTRIBUTION CENTER TAKES SHAPE

SYNGENTA CROP PROTECTION EXPANDS IN GREENSBORO After a lengthy evaluation process of viable development sites and a

pandemic-induced delay, in March 2021 Syngenta Crop Protection announced its decision to expand its US headquarters in Greensboro at 410 Swing Rd. The company will be eligible to receive $1.7 million in incentives for investing $68 million in the project and retaining 650 employees who currently work at the facility with an average wage of $107,000. Construction is slated to begin in early 2022. THE FRESH MARKET MOVES DOWNTOWN Specialty grocer The Fresh Market, founded in Greensboro in 1982, moved its headquarters and 248 full-time employees from Green Valley Road to 75,000 square-feet of the Wells Fargo Tower downtown. Greensboro, High Point, and Guilford County governments in an unprecedented and award- winning regional collaboration to keep The Fresh Market in Guilford County. The governments approved a total incentive package worth $708,000. The company will invest $2 million to create 53 jobs paying an average wage of $86,000. In 2019, the Guilford County Economic Development Alliance coordinated with