Work starts on Concrescere Corporate Park
The new Wayne Brothers Inc. headquarters will be the first building in the new Concrescere Corporate Park, a 75-acre development located centrally between Kannapolis, Concord, Davidson and Mooresville.
Keith Wayne Co. is the master developer of the corporate park, while Crosland has entered a partnership with Wayne to develop an upscale neighborhood retail center on 19 acres of the project.
The Concrescere Corporate Park will feature upscale contemporary Class A office space. The first office, “Concrescere I,” will include a 60,000-square-foot, three-story, contemporary, glass and concrete building. Wayne Brothers, as the anchor tenant, will occupy 35,000 square feet, leaving 25,000 square foot available for lease.
Approximately 15 acres of the project is planned as a medical office park with parcels available for sale or offices built to suit the needs of the health care professionals seeking to serve northwest Cabarrus, north Mecklenburg, south Iredell counties. Corporate office parcels will also be offered for sale.
Crosland will develop and lease the retail component of the project which is located at the intersection of Highway 3 and Davidson Road. It is expected to consist of neighborhood-oriented retail and service-related businesses, totaling approximately 150,000 square feet at full build-out.
Anticipated tenants include a full-service grocery store, a pharmacy, an upscale coffee house, several restaurants, and at least 20,000 square feet of small shops. Crosland expects to break ground for the initial phase of retail sometime in 2009.
Inspiration for the name, Concrescere, spawns from its Latin definition “to grow together.”
The developer envisions this new multi-use project becoming a catalyst for bringing the residents of these four cites and the surrounding neighborhoods together.
It is also the origin of the modern English word “concrete” which makes the name particularly appropriate given Wayne Brothers’ history. The company has been serving the Southeastern U.S. since 1985 and is the largest concrete contractor based in North Carolina.