Board of Commissioners, December 16, 2025
Approves Historic Landmarks Commission Appointment - Matthew Browder, unanimous
What happened
The Mecklenburg County Board of Commissioners unanimously approved a 5-year, 75% business investment program grant to SoFi Technologies Inc. (not to exceed $39,354) for their expansion from South Park to 13034 Ballantyne Corporate Place, bringing 250 new jobs at an average salary…
- Jurisdiction
- Mecklenburg County, NC
- Governing body
- Final authority
- Date
- December 16, 2025
- Decisions
- 6 zoning decisions
- Outcome
- Approved, unanimous
Free sample: decision 1 of 6
Business Investment Grant - SoFi Technologies Inc.
Five-year 75% business investment program grant to SoFi Technologies Inc. for office expansion from South Park to 13034 Ballantyne Corporate Place in District 6. Company will create 250 new jobs at average salary of $116,268 with $3 million taxable investment ($1.2M real property, $1.8M business personal property). Charlotte competed against Jacksonville, FL and Frisco, TX for this project.
- Grant not to exceed $39,354; county manager authorized to negotiate and execute contract
The other decisions are listed below by title. The full write-up, verbatim conditions, and the audio at each vote are in Pro.
Meeting Summary
The Mecklenburg County Board of Commissioners unanimously approved a 5-year, 75% business investment program grant to SoFi Technologies Inc. (not to exceed $39,354) for their expansion from South Park to 13034 Ballantyne Corporate Place, bringing 250 new jobs at an average salary…
Key Decisions (6)
Business Investment Grant - SoFi Technologies Inc.
Historic Landmarks Commission Appointment - Matthew Browder
Agricultural Advisory Board Appointments
CPACE Program Participation Authorization
Health Department Budget Amendment
CPCC Board of Trustees Nominations
Development Activity (5)
SoFi Technologies Office Expansion
Commercial
Hill Rock Estates
Residential
Housing Impact Fund Preservation
Residential
Market Signals (5)
Commercial Demand
Fintech company SoFi Technologies chose Charlotte over Jacksonville, FL and…
Housing Demand
Atrium Health has invested $20 million since 2019 in affordable…
Housing Demand
Housing Impact Fund's new fund will set aside nearly 500…
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