County sets hearing on High Point stadium incentive
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Description
Guilford County Commissioners agreed to hold a February 18, 2021 public hearing on a proposed economic development incentive grant to the City of High Point totaling about $7 million over roughly 19–20 years to support baseball stadium debt service tied to downtown catalyst redevelopment. The incentive would help close the gap between stadium operating costs and increased tax revenues from new development in the catalyst zone.
Contract Details
Contract Amount
$7,000,050 (approximately $370,000 annually over 19 years)
Vendor
CITY OF HIGH POINT
Agency
Fire District 28, NC
Contract Type
FINANCIAL_SERVICES
Document Date
December 4, 2025
Contract Term
Approximately 19–20 years; request described as over a twenty (20) year period, example given as 19 years at $370,000 annually
Renewal Info
Request framed as a long-term incentive toward stadium debt service over roughly 19–20 years; no renewals or extensions discussed.
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Guilford County Board of Commissioners Meeting Agenda 2026-06-04
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