CHARLOTTE, N.C. — Concord city leaders have adopted a three-year development incentive to lure NASCAR Productions out of uptown Charlotte to Concord.
Editor's Note: The attached video aired prior to the city council meeting.
The City Council met Thursday evening to talk about the issue. NASCAR could potentially bring about 125 full-time jobs with an average pay of $77,000 to the Concord area.
The Council may offer incentives to stimulate private sector expansion faculties for NASCAR.
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According to a report from the Charlotte Business Journal, the new NASCAR Productions center would be built in a business park near NASCAR's research and development center off Derita Road. NASCAR Productions is currently located at 550 South Caldwell Street in Uptown.
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