Tag: economic development
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1,000 New Jobs at the Crossroads: How Vulcan’s Benson Project Strengthens the I-40/I-95 Growth Engine
Benson just landed one of the most significant advanced-manufacturing projects in North Carolina this decade. Vulcan Elements’ decision to build a nearly $1 billion rare-earth magnet facility—and create 1,000 new jobs—cements the I-40/I-95 interchange as one of the state’s strongest growth corridors. For a region already experiencing rapid population gains, this announcement accelerates the long-term…
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Fintech Expansion Fuels Charlotte’s Growth — SoFi Adds 225 High-Paying Jobs
SoFi Technologies, a leading digital finance platform, has announced plans to expand its Charlotte operations, adding 225 new jobs with an average salary of $108,000. The company will invest $3 million in the project, supported by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee. Over the next twelve years, the…
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North Carolina’s Strong Economy Continues to Support Real Estate Investment Potential
When WalletHub released its 2025 Best & Worst State Economies report, North Carolina once again stood out — ranking #6 in the nation. That’s up from #8 last year. For investors, this matters: a healthy, growing state economy is one of the strongest foundations for consistent, secure real estate returns. A Data-Driven Look at Economic…
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Debunking the Risk Myth: How Real Estate Brings Predictability to Portfolios
All investments carry risk, but stabilized real estate can offer lower volatility and more predictability than the stock market—especially in essential asset classes like housing and grocery-anchored retail. (See 6 Myths About Passive Real Estate Investing) Perception vs. Reality Many investors hesitate to add real estate to their portfolios because they’ve heard it’s risky. After…
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JetZero Chooses NC for Aerospace Manufacturing: A Boost for Jobs, Housing, and Retail
JetZero, a California-based aerospace company, has selected Greensboro, North Carolina as the site of its first U.S. manufacturing facility. This transformational project will bring: The manufacturing campus will be built at Piedmont Triad International Airport (PTI), positioning the Triad region as a national player in next-generation aerospace production. Aerospace: A New Chapter in North Carolina’s…
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Amazon’s $10B Tech Hub in Richmond County: What It Means for Real Estate Investors
Amazon Web Services (AWS) has selected Richmond County, North Carolina, as the site of a $10 billion data center campus—one of the largest technology investments in state history. This move signals the beginning of a major economic shift in the Sandhills region, and with it, a window of opportunity for real estate investors. 📍 Project…
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Four Reasons to Invest in North Carolina Real Estate
At NC Capital Group, we believe that strategic real estate investing starts with choosing the right market. North Carolina continues to stand out as one of the best places to invest — offering a rare combination of economic strength, steady growth, and livability that is hard to replicate elsewhere. Here are four key reasons why…
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North Carolina’s 2025 Rural Infrastructure Grants: Fueling Growth Across the State
North Carolina continues to shine as a beacon of economic growth and opportunity. In February 2025, the North Carolina Rural Infrastructure Authority (RIA) approved 13 grants totaling approximately $9.6 million to bolster rural communities. These strategic investments are set to create 371 new jobs and attract over $165 million in public and private investments. Economic…
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Economic Impact of Johnson & Johnson’s New Wilson, NC Facility
Economic Impact of Johnson & Johnson’s New Wilson, NC Facility In our September blog post, we noted the announcement of Johnson and Johnson’s planned pharmaceutical manufacturing campus in Wilson, NC. This article digs deeper into the economic impact and the effects on population, housing, and retail. 1. Facility Location and Regional Access Johnson & Johnson…
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Big Tech Moves Into Small-Town Virginia: What It Means for South Boston, VA
Southern Virginia is getting a front-row seat to the data center boom, and that could be a game-changer for towns like South Boston, only 21 miles away. With TECfusions announcing a major expansion in Clarksville—just up the road—the ripple effects could bring new jobs, business growth, and infrastructure upgrades to the entire region. More Than…