Franklin Yards Redevelopment Agreement Amendment
Gastonia
Summary
The city approved a major amendment for the Franklin Yards project at the old YMCA site, increasing the investment to $60 million and 280 housing units. The agreement gives the developer until 2028 to start construction and 2030 to finish, while requiring demolition to start within 60 days. The site will be cleared, filled, and seeded with grass so it doesn't stay an eyesore.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jun 16, 2026.
Impact analysis
The project represents a $60 million private investment that will generate tax revenue upon stabilization.
Downtown businesses, future residents, and the city through increased downtown foot traffic and tax base.
Nearby property owners if demolition is delayed or leaves an unsightly condition.
Mentions & discussions (1)
Related development
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