While Gastonia retains strong roots in manufacturing, its economic base has diversified over time. The city remains home to Parkdale Mills, a leading spun-yarn manufacturer that preserves the city’s textile industry ties. CaroMont Regional Medical Center and Gastonia Technology Park are also among the city’s top employers, providing jobs in healthcare and advanced manufacturing fields.
Despite its rich industrial history, Gastonia has shifted its focus toward modernization and expansion. The FUSE District, a new initiative aimed at revitalizing the downtown area, includes several high-profile projects, including the Franklin Urban Sports and Entertainment District. What started as a plan to bring a professional baseball stadium to Gastonia has evolved into a multiuse development, with apartments, restaurants, and entertainment venues contributing to the area’s vibrancy.
Additionally, Franklin Yards, set to break ground in 2024, will bring over 200 apartments and retail spaces to the downtown area, further contributing to Gastonia’s growth and investment potential. Another exciting development is Center City Crossings, a $25 million project beside the historic Esquire Hotel that will add more apartments and retail spaces in 2024. These investments signal Gastonia’s commitment to revitalizing its core and enhancing its appeal to both residents and businesses.