433 Hay Street
Fayetteville, NC 28301
The City of Fayetteville's vision includes a vibrant downtown and a strong local economy. The activities included in this section focus on small business development activities with a concentration on economic development activities in the downtown area in support of the Fayetteville Renaissance Plan and the City's redevelopment plan areas throughout the community. Economic Development has five core goals:
The Community Development Department administers 5 primary programs to assist small businesses:
Other Information that supports economic development:
What is a hubzone? A HUBZone (Historically Underutilized Business Zone) is an area that is located in one or more of the following: A qualified census tract (as defined in section 42(d)(5)(C)(i)(1) of the Internal Revenue Code of 1986);
Assistance is available throughout the community to assist persons in all phases of starting a new business, relocating a business or expanding an existing business. The following agencies are eager to assist you: Fayetteville-Cumberland County Chamber
A top priority of the 2007-08 Strategic Plan is Economic Development Incentive: Policy Direction. Staff researched and revised several proposals; the following was adopted by City Council on March 17, 2008. The incentives apply to the core of the city where excess infrastructure and service delivery capacity exists (see attached map for area location). For more information please contact Economic Development Administrator for the City Michelle Haire at 433-1596, or Phyllis Owens, Chamber of Commerce, at 484-4242.
Municipalities with a population of at least 10,000 have the ability to define qualifying areas of poverty as Urban Progress Zones. The City of Fayetteville has two Urban Progress zones.
The City of Fayetteville and the Public Works Commission of Fayetteville provide a wide variety of incentives in many forms to aid businesses in locating and expanding within our community.
Information about Public Works Commission Utility Incentives:
For more information, contact the Community Development Department at 910-433-1590.