NASCAR kicked off construction last week on a new state-of-the-art facility out in Concord that’ll house its productions operations.
- About 125 employees who had worked in Uptown at 550 South (550 S. Caldwell, formerly called the NASCAR Plaza) will move into this new building.
- The new 58,000-square-foot Concord facility will be built on the property adjacent to NASCAR’s research and development center in Concord.
- Redline Design Group is the architect on the project. Choate Construction is the general contractor.
It’s expected to be fully operational in time for the 2024 season, per a recent statement from NASCAR.
Why it matters: NASCAR adds to a growing list of companies moving some or all of its operations from Uptown Charlotte in recent years.
Between the lines: NASCAR wanted a dedicated new facility because of the growth the organization has seen in content and live productions.
- Since 2018, NASCAR’s live productions have more than doubled. This new facility will be larger and will feature advanced technology necessary for live productions, per NASCAR.
Flashback: Concord City Council approved incentives for the new NASCAR facility back in May, as CBJ reported. NASCAR plans to invest $28.5 million into the project.
Of note: NASCAR is maintaining a presence in Uptown at 550 South. Employees who are not with NASCAR Productions are still working from there.
Renderings are courtesy of Redline Design Group.