The Rowan EDC and North Carolina Commerce Secretary Anthony Copeland announced today that Team Auto Group, a family of automotive dealerships with multiple locations in North Carolina, will expand its office operations in Salisbury.
Team Auto Group will invest over $400,000 in the renovation of 316 and 322 Depot Street in Downtown Salisbury. The company plans to convert the historic property into space for an inbound and outbound call center, accounting offices and executive offices. Team Auto Group also plans to create 19 full-time jobs by the end of 2020 as part of the project.
“We are thrilled to be a part of such an active and beautiful downtown” said Team Auto Group Dealer Principal Kristin Dillard. “All of us at Team Auto Group are thankful to the City of Salisbury and to the State of North Carolina for their support of this project. We are so appreciative of the guidance and support that we have received from the Rowan EDC. Rowan County is extremely lucky to have such experienced and dedicated talent to help us grow as a community.”
Team Auto Group will partner with L.S. Bradshaw Real Estate, owners of the property, to redevelop the building. “L.S. Bradshaw Real Estate is excited that Kristin and Team Auto Group have selected Downtown Salisbury for their new business offices” said Chris Bradshaw, manager. “Turning the old warehouses into vibrant office space has been a pleasurable experience. We wish them much success.”
The Salisbury City Council showed its support for the project by applying for a Rural Building Reuse Grant, which provides funding for renovations and expansions of facilities in North Carolina counties, on behalf of the company. On October 17th, the NC Rural Infrastructure Authority awarded $100,000 to help fund the project. The City of Salisbury will also provide a $10,000 local match for the Rural Building Reuse Grant to help facilitate Team Auto Group’s expansion.
“On behalf of the Salisbury City Council, we’re thrilled for Team Auto Group on their recent award of the NC Rural Building Reuse Grant,” said Salisbury Mayor Al Heggins. “This is exactly the type of economic development and historic reuse project we seek that contributes to the revitalization of Downtown Salisbury. And so I’d like to extend a warm welcome to Team Auto Group to our Depot Street. Thank you for seeing the value in our great city.”
“The City of Salisbury is extremely pleased to provide matching funds, along with a generous state grant, to Team Auto Group which will move its administrative and accounting offices and its call center to our historic downtown” added Salisbury Mayor Pro Tem David Post. “Most of all, we’re excited that Team Auto Group will be creating 19 jobs while improving and enhancing our downtown through the revitalization of one of our most historic buildings that had its roots in the transportation industry.”
“We are grateful that Team Auto Group has chosen Salisbury for their expansion,” said Rowan EDC President Rod Crider. “It demonstrates the city’s competiveness for new investment and the vibrancy of Downtown Salisbury. We are thankful to Team Auto Group and look forward to their continued growth in our community.”
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About the Rowan EDC (www.rowanedc.com)
Operating since 1984, the Rowan EDC, Rowan County’s Economic Development Commission, is the lead business assistance resource for Rowan County and its ten municipalities, including the City of Salisbury. For additional information, please contact: Scott Shelton, vice president, at 704.637.5526 or scott@rowanedc.com.