Archive for March, 2015

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Aquesta expanding into SouthPark

March 31. Aquesta Bank has purchased a branch location of troubled CertusBank in the Southpark area of Charlotte.  The branch, in the Sharon Station Office Park across from the main entrance of SouthPark Mall, will be a “flagship branch,” according to CEO Jim Engel. “For our current customers, we believe this location will greatly enhance the […]

Publix plans new store in Mooresville

March 29. Publix Super Markets will open another store in Lake Norman, this one on the southeast corner of Brawley School Road and Williamson Road in Mooresville. The 49,000 square foot store will open in 2016, bringing a third grocery store within a half mile of the intersection on the west side of Mooresville. Publix […]

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High-price lots are selling as tear-down market heats up

High-price lots are moving fast as high-end buyers look for exactly the right spot to build their dream houses. One lakefront lot in Cornelius—actually two parcels that will be sold as one—is apparently ready to break the $2 million barrier. The property at 20205 Lola Circle is listed at $2.35 million with Lee Ann Miller […]

LKN Transportation Commission wants funds to find way back here

The members of the Lake Norman Regional Transportation Commission (LNTC) are asking the state to reallocate more funds back to local Department of Transportation divisions. This would reverse budgeting procedures implemented last year as the state compiled its Strategic Transportation Investments (STI) list. “The legislation which formed the STI created three tiers – Statewide, Regional […]

McCrory’s visit to dedicate Catawba avenue bridge postponed

  Plans for Gov. Pat McCrory to dedicate the Catawba Avenue bridge over I-77 any time soon may have been thrown under the bus by a hail of criticism of the so-called “aesthetic improvements” portion of the bridge re-do. When completed the bridge will have new landscaping, abutments and special lanterns, lending a nautical feel […]

Park and Ride facility eyed for shopping center at Exit 28

By Dave Vieser. Although a healthy number of express bus riders live in Cornelius, the town has never had a park and ride facility within its borders where riders can leave their autos and access CATS Express Buses. That may be about to change, according to officials from both the town and the Charlotte Area Transit […]

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Information should be shared, used

Sales drive organizational profits. And the most competitively agile organizations know they benefit from replicating the best practices of their top sales professionals, throughout the organization. Successful sales professionals intuitively build relationships at every opportunity considering each potential source of information may lead to a new sale, a bigger sale, a repeat sale, or a […]

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blueharbor sets course for Statesville; net income climbs 22.5 percent

March 19. Earnings last year at blueharbor bank rose 22.5 percent compared to 2013. For the year ended Dec. 31, 2014, the bank reported net income of $1,153,500, or $0.47 per diluted share, compared to $941,507, or $0.38 per diluted share, for 2013. For the fourth quarter, blueharbor reported net income of $255,232, or $0.10 […]

Independent Community Bankers of America

Regulations stymie bank lending

By John Rehkop. Community banks want to lend more, and they have the capital to do so. But the Independent Community Bankers of America (ICBA) and other industry lobbying groups say a steady inflow of increased banking regulation that emerged from the financial crisis has bogged down many community banks in an avalanche of paperwork, and […]

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CPCC to lauch global logistics degree program

March 19. Central Piedmont Community College will launch a new associate degree program in global logistics and distribution management this August, supported by a $235,000 investment from JPMorgan Chase to promote career opportunities in the fast growing field. The firm announced the grant at the college’s fourth Global Competitiveness Summit. The company’s New Skills at Work […]