Here’s the important element to remember about the $800 million Langtree on the Lake development planned for Lake Norman at exit 32 off of I-77:
The developers will not seek public funding or tax breaks… They expect the project to create 750 jobs and generate $4.4 million in property tax revenue each year to Mooresville and about $3.7 million annually to Iredell County.
So it can be done. Say it again, Developers will not seek public funding or tax breaks.
