Walmart’s decision to invest $300 million in a state-of-the-art, 1.2 million-square-foot fulfillment center in Kings Mountain, Gaston County marks another milestone for North Carolina’s thriving economy. The project will create 300 new jobs and inject more than $20 million in annual payroll into the region once operations begin in 2027.
For the Charlotte metropolitan area—and the communities stretching west along Interstate 85—this is more than a corporate announcement. It’s an economic anchor with lasting implications for local real estate.
An Anchor for Long-Term Stability
When a Fortune 500 company builds a logistics hub of this scale, it sets in motion a ripple effect that strengthens every part of the local economy. Beyond the direct jobs, Walmart’s new facility will support suppliers, service providers, and retail businesses across Kings Mountain, Gastonia, Bessemer City, and Shelby.
For real estate investors, that translates to something rare in a fast-changing market: predictable, long-term demand for both housing and neighborhood retail.
Workforce Housing: Demand at the Core
Fulfillment and logistics positions tend to support household incomes in the $45,000 to $70,000 range—exactly the segment driving today’s workforce housing market. Communities like Belmont, Lowell, and Mount Holly are already seeing steady renter demand from residents priced out of central Charlotte yet seeking easy access to major employers.
As Walmart’s new facility opens, the need for well-located multifamily and single-family rental housing near the I-85 corridor will only increase. These are the types of stable, income-producing assets that align with NC Capital Group’s investment focus.
Neighborhood Retail: Serving a Growing Workforce
As more families settle and commute within Gaston County, the demand for essential retail and grocery-anchored shopping centers will rise. Local centers in Kings Mountain, Dallas, and eastern Gastonia—especially those with grocery, pharmacy, or restaurant anchors—stand to benefit from stronger foot traffic and higher occupancy.
Neighborhood retail of this kind delivers both community value and steady cash flow, providing a resilient complement to housing investments.
The Bigger Picture
The Charlotte–Gastonia–Kings Mountain corridor continues to evolve into one of the Southeast’s key logistics and growth hubs, extending connectivity toward Greenville-Spartanburg and Atlanta. Walmart’s decision reinforces the region’s strong fundamentals—affordable land, skilled labor, and excellent infrastructure.
At NC Capital Group, we see this kind of corporate investment as more than news—it’s confirmation that our focus on North Carolina’s essential, growth-driven communities is the right place to build long-term value.
Read the official announcement.
Win Coleman, CCIM, is a graduate of East Carolina University where he received his bachelor’s degree in finance. He holds both North Carolina and South Carolina Real Estate Licenses and was awarded the prestigious CCIM (Certified Commercial Investment Member) designation in 2008.
Win served on the board of directors of The Triangle Apartment Association (TAA) where he co-chaired The Independent Rental Owner’s Council (IROC). He is a member of the International Council of Shopping Centers (ICSC), the Triangle Commercial Association of Realtors (TCAR) and the Raleigh Kiwanis Club.
While a specialist in site identification, evaluation and acquisition for investors and businesses, he also has extensive experience in brokerage, leasing, property management and investment sales.
Win assists in managing The Coleman Group, LLC, which owns a portfolio of investment properties, and he is a member of our acquisitions committee. He has lifelong experience and love for historic properties including the one he restored and where he resides in Historic Oakwood in Downtown Raleigh.