Business
NC most expensive state for healthcare, according to Forbes Advisor study
March 21. North Carolina is the most expensive state for healthcare, with the highest average premium for residents with “plus-one” health insurance coverage through an employer—$4,781 annually—according to a Forbes Advisor nationwide study. We also have the second-highest average premium for family health insurance coverage through an employer at $7,180.33 annually. Six of the 10 […]
Hot Properties: Million-dollar deals
March 19. Recent home sales in excess of $1 million, this one, in Robbins Park $1,510,000 John & Deborah Foote to Ryan & Sara Wheelan, 8523 Preserve Pond Rd., Cornelius
Rare Roots Hospitality bringing Dogwood back to Charlotte
March 18. Rare Roots Hospitality, owned by Kim & Jon Dressler of Dressler’s fame, will reopen Dogwood: A Southern Table in the newly renovated Westin Charlotte later this year. Located in Ashley Square in SouthPark from 2014 to 2023, Dogwood was known for its modern approach to Southern classics, seasonal produce, an inventive cocktail menu […]
Business leaders will be recognized at LKN Chamber gala March 21
March 18. At the Annual Meeting this Thursday of the Lake Norman Chamber of Commerce a number of individuals will be recognized for their contributions to the business community: —Business Person of the Year: Olee Joel Olsen Jr., O2 Group Ventures —Entrepreneur of the Year: Justin A. Ckezepis, WSIC —Citizenship & Service Award: Robin Smith […]
Downtown Mooresville to host 2025 NC Main Street conference
March 14. Downtown Mooresville will host the 2025 North Carolina Main Street Conference. The three-day conference, is organized by the NC Department of Commerce and the NC Main Street and Rural Planning Center. It is largest statewide downtown revitalization conference in the country. Mooresville Downtown Commission Chair Kim Saragoni said more than $58 million has […]
Retail construction will start in spring at Alexander Farm
INTERVIEW | By Dave Vieser March 13. As so often happens with major developments, all didn’t go as planned and the $110 million Alexander Farm mixed-use project is running about two years behind. That said, McInerney is still confident that residents will be pleased with the final product. Here’s the very latest, from an exclusive […]
NC Main Street Conference set for Goldsboro
March 11. The 2024 North Carolina Main Street Conference March 12-14 in downtown Goldsboro will focus on downtown revitalization and economic development strategies. The conference is the largest statewide downtown revitalization conference in the country. To register, click here. Keynote speakers Keynote speakers include Hannah Love, Fellow with the Brookings Metro, Anne T. and Robert […]
NC unemployment rate is 3.5%, US at 3.7%
March 11. North Carolina’s seasonally adjusted unemployment rate was 3.5 percent in January, down 0.1 of a percentage point from December’s revised rate. The national rate remained unchanged at 3.7 percent. The number of people employed increased 6,721 over the month to 5,068,208 and increased 64,125 over the year. The number of people unemployed decreased […]
Steel Warehouse Co. investing $30.5 million in Hickory
March 8. Steel Warehouse Co., a South Bend, Indiana-based steel company, will invest $30.5 million in a new facility in Hickory . It means 58 new jobs, with an average annual wage of $62,000, exceeding the Catawba County average of $54,151. Annual payroll: More than $3.5 million. Background The 77-year-old company operates 15 locations across […]
Supply chain issues stall Cornelius co-working facility
March 7. By Dave Yochum. Supply chain issues, steel to be exact, are holding up construction on a new co-working building on Jetton Road extension, opposite the United Community Bank building. The two-story building was approved back in 2022 and construction got under way last year. Co-working space Owner Serendipity Labs is a flexible workspace […]
