Business
NCDOT names locomotive for Kannapolis
Aug. 2. North Carolina First Lady Kristin Cooper helped christen Locomotive #1984 for use in North Carolina’s daily Piedmont passenger service yesterday at the N.C. Department of Transportation Locomotive and Railcar Maintenance Facility in Raleigh. Its name: “City of Kannapolis.” NCDOT names its locomotives for the cities along the Charlotte to Raleigh passenger rail corridor. Each locomotive’s number […]
Nutrition supplements maker takes 10,000 square feet at NCRC
July 31. A nutrition supplements maker based in Palmyra, Wisc., will open a “Center of Excellence” at the North Carolina Research Campus in Kannapolis. The center will occupy more than 10,000 square feet on the first floor of the David H. Murdock Core Laboratory Building on the NCRC this fall. The center will consolidate Standard […]
UNC-Charlotte launches masters program in management
A year from now, the first class of 50 students will kick off UNC Charlotte’s new Master of Science in Management program. Beginning in July 2018, program enrollees will be able to earn their master’s degree after just 10.5 months of full-time study. This fast-track program will deliver business fundamentals that prepare graduates to solve complex […]
Aquesta net falls, but loan demand climbs
July 23. Aquesta Financial Holdings reported unaudited net income during the second quarter of 2017 fell to $482,000 (15 cents per share) compared to second quarter of 2016 net income of $623,000 (20 cents per share). Total assets were $356.6 million at the end of the second quarter vs. $353.1 at year-end. “The primary reason […]
Growth drives traffic ahead of schedule on Hwy. 73
By Dave Vieser. When conversation in the Golden Crescent—the motorsports region from Lake Norman to Cabarrus—turns to traffic, I-77 is normally front and center. However, there’s another traffic corridor that is getting a significant amount of attention: Hwy. 73. A 35-mile stretch from Lincoln County on the west to Concord eastward is like a Main […]
Birkdale Village inspires rebirth of Kannapolis
Downtown Kannapolis will most definitely begin transforming before our very eyes, starting this fall. The City has hired a “construction manager at risk” to help ensure on-time, on-budget delivery of the West Avenue streetscape. The first component of the city’s Downtown Revitalization Project will be Birkdale Village incarnate, with vintage buildings, plenty of brick and […]
New planning chair says mixed-use approach offers choices
By Dave Yochum. An associate professor of architecture and urban design at UNC-Charlotte is the new chair of the Charlotte-Mecklenburg Planning Commission. Deb Ryan, who has been on the planning commission for six years, says what urban planning is about now is choices. “For the longest time we did single-family housing and we did […]
After holding land 20 years, leading developer ready to build
July 17. By Dave Yochum. The developer behind the proposed retail project on 11 acres of prime commercial property on West Catawba has a strong portfolio of high-quality holdings in the northeast, the Carolinas and Montana, with tenants ranging from CVS and Starbucks to Nordstrom and Tesla. Charter Realty & Development, based in Greenwich, […]
Controversial ‘Luminous’ project approved in Davidson
July 12. By Dave Vieser. Despite fierce opposition from a wide range of residents, the Davidson Town Board approved the sale of 19 acres of town-owned land along Beaty Street to Davidson Development Partners Tuesday evening. The developer, who is not registered with the NC Secretary of State, plans to build a mixed-use development called Luminous on […]
Vermillion Village in Huntersville on the move
By Dave Vieser. With recent town board approval, Vermillion Village in Huntersville appears to have a clear path for development, at a time when several other large mixed-use projects, including Lake Davidson in Mooresville and the Beaty Project in Davidson, are in various stages of consideration and controversy throughout the Golden Crescent. The Vermillion […]
