Business

This category contains 1653 posts

New managing broker at Premier Sotheby’s in Cornelius

Premier Sotheby’s International Realty has named Jason Gentry as managing broker of its Lake Norman office, located at 19825-D N Cove Road in Cornelius. Prior to his appointment, Gentry was a broker associate in the firm’s Charlotte office. A North Carolina native, he became a licensed broker associate in 2010 and was identified as a Rising […]

28 MAY 2017  During the COCA COLA 600 at CHARLOTTE MOTOR SPEEDWAY in CONCORD,NC

Region gears up for May races in Concord

May 2. The May races at Charlotte Motor Speedway bring with them a month’s worth of entertainment opportunities in the Golden Crescent, courtesy of the 600 Festival Association. “May is going to be huge for everyone in this region,” said Jacqueline Gafrarar, executive director of the 600 Festival. “It should be a fun and entertaining […]

I-77 contract fight enters new phase; discussion May 3

Widen I-77 will host a town hall​-​style ​discussion Thursday, May 3​ at the Charles Mack Center in downtown Mooresville. ​Organizers will present their​ response to the recent I-77 Advisory Group meetings regarding options for terminating the​​ contract​ with Cintra​ and modifying the I-77 toll project. “The conclusion of the Advisory Group meetings and the announcement […]

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$4.5 million in scholarships target low-income students in bio-sciences

April 19. More than 150 scholarships—worth more than $4.5 million over five years—will help fund low-income students study biological sciences at UNC Charlotte, Rowan-Cabarrus Community College and Gaston College. The National Science Foundation’s Scholarships in Science, Technology, Engineering and Mathematics is expected to increase the number of students who complete both science degrees as well […]

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CPCC launches Accelerated Career Training program

April 16. Central Piedmont Community College has launched a series of free short-term training tracks designed to train under-employed adults for a variety of jobs. The program, known as Accelerated Career Training (ACT) is expected to help solve Charlotte’s economic upward mobility problem—another way of saying the American Dream isn’t necessarily attainable even if you […]

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Uwharrie debuts high-tech branch with ‘interactive’ teller machines

April 17. Albemarle-based Uwharrie Bank, one of the first financial institutions in the country to deploy remote deposit capture and mobile technology, has opened a “Branch of the Future” in Ballantyne.  Complete with Interactive Teller Machines and video conferencing, the branch a major conceptual step forward for the bank. The new design includes a Tech […]

Workers line Marigold Place in the Blume subdivision in Harrisburg, NC.  150 homes have been built since construction began in 2013.  With 297 lots planned multiple homes are under construction with lots selling quickly. Photo by Marty Price

Finding solutions to workforce housing crisis

By Erica Batten. A “tidal wave” of rising home values is pricing housing out of reach for a wide range of ordinary people—everyone from musicians to teachers to firefighters. Case-Schiller says Charlotte single-family home prices rose 6 percent over the past year. Some neighborhoods are considerably higher, but the homes that rank and file workers […]

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Dynamics of brick and mortar play bigger role in restaurants

April 13. By Dave Yochum. The Papa Murphy’s pizza franchise in Magnolia Plaza in Cornelius has closed, the phone is disconnected and the storefront is locked up. The Tastebuds Popcorn next door is also closed, testament to the fact that the food franchise business requires a cast iron constitution no matter where you are. Business broker […]

Unpopular Cintra deal rolls through public opinion, financial close.

Transportation economics experts will address political leaders at private I-77 forum

April 12. By Dave Yochum. Yogi Berra said it, Lenny Kravitz sang it and the Lake Norman business and political community really seems to mean it: It ain’t over till it’s over. We’re talking about the epic fight to somehow undo the blundering, 50-year, 900-page NCDOT contract that turns a chunk of I-77 over to a […]

Allison Emrey during the second round of the Symetra Tour's Florida's Natural Charity Classic at the Country Club of Winter Haven on March 11, 2017 in Winter Haven, Florida.

©2017 Scott Miller

Symetra golf event is a win for LKN economy

April 12. By Dave Yochum. ​The Symetra Classic at River Run Country Club is expected to pump between $500,000 and $750,000 into the Lake Norman economy next month. The overall economic impact will be considerably higher in light of spending at restaurants and entertainment. Set for May 17-19, the Symetra Classic is one of the marquee events […]