Chapel Hill gives businesses the space to collaborate and grow. From a historic downtown to modern development sites, you’ll find Chapel Hill property and incentives designed for employers who create jobs, strengthen the local economy, and help create inclusive growth.
Chapel Hill has unique business districts, coworking spaces, and offices with tens of thousands of square footage that provide opportunities for growing businesses. Whether you’re an entrepreneur launching a startup or an applied sciences, R&D, or tech company — there’s space for you here.
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Chapel Hill has the office space you need with more than 50 commercial sites positioned within key industry clusters. Whether you’re a new or existing employer, find a supportive community and incentives programs that encourage business expansion, investment, and job creation.
Diverse commercial space is available in Chapel Hill across existing and new developments. Here are just a few of our available properties:
The Parkline – Innovative, community and wellness based office space on 39 acres of land with easy access to multiple hotels and public transit.
The Gwendolyn – Class A office facility with contemporary and flexible spaces available from 2,500 – 100,000 square feet located in Glen Lennox.
The Station at East 54 – Class A office space located along highway 54 within one of our key business districts.
Orange County has a Small Business Grant Program that receives $170,000 each year to support the growth and retention of small businesses in the community.
The Small Business Grant Program has three cycles per year; here are the deadlines:
The Economic Development Partnership of North Carolina offers a number of incentives and programs—from workforce training to tax exemptions—to help businesses grow in North Carolina.
The North Carolina Commercial Property Assessed Capital Expenditure (C-PACE) is a program that offers low-cost and long-term financing for property owners to make clean energy upgrades to existing buildings.
What can I use C-PACE Funding for?
C-PACE can be used for a wide range of improvements, including energy efficiency, water conservation, renewable energy installations, and resiliency upgrades.
Examples of qualifying projects include:
LED lighting upgrades
Parking lot solar canopies
Central HVAC replacements or enhancements
Flood resiliency measures
ENERGY STAR-rated windows
Elevator modernization
Building envelope improvements
Rooftop solar installations
Weatherization projects
What are the benefits of using C-PACE?
Financing: Access to low-cost, fixed-rate funding with terms from 20–30 years.
Assessment: The assessment stays with the property — not the owner — making it easier to sell or transfer the building.
Weather Protection: Resiliency improvements can help project against weather-related damages.
Lower operating costs: Energy-efficient upgrades can reduce utility bills and cut long-term maintenance expenses
How can I learn more about receiving C-PACE funding?
Find the perfect place to grow innovation in Chapel Hill — a small town with strategically positioning right at the center of North Carolina’s Research Triangle.
Not sure where to find an incentive application or business permit? Need insight into our local industries? Contact us and we’ll connect you to the right people and resources.
