Business
NC’s June jobless rate fell .1% from May
July 21. North Carolina’s seasonally adjusted June 2023 unemployment rate was 3.3 percent, decreasing 0.1 of a percentage point from May’s revised rate. The national rate decreased 0.1 of a percentage point to 3.6 percent. The state’s unemployment rate decreased 0.3 of a percentage point from a year ago. The number of people employed increased […]
Davidson home sales
July 19. These property transactions were recorded by the Mecklenburg County Register of Deeds. 5/22/23 $550,000 Melody Lewis & Alex Schendell to Jennifer Ballard, 15711 Carley Commons Ln. 5/24/23 $452,000 Mattamy Carolina Corp. to Shital Patel, 16728 Summers Walk Blvd. 5/24/23 $300,000 Tom Palmer Homes to Jyla & Burnis Rollinson Jr., 13504 Evening Primrose Dr. […]
Lakefront home sells for $6.8 million
July 18. A house at 20927 Bethelwood Lane in Cornelius has sold for $6.8 million, one of the most expensive home sales ever recorded in Cornelius. The 5,781 square foot lakefront home transacted at $1,176 per square foot, making it the most expensive home ever on a price per square foot basis, according to listing […]
New managing broker at Premier Sotheby’s
July 17. Premier Sotheby’s International Realty has named Champ Claris as the managing broker of its Cornelius and Mooresville offices. The North Carolina native and second-generation real estate broker has been involved in the real estate industry for over two decades, 10 of them as a top-producing agent. He previously served as the vice president […]
Charlotte’s turbo vote on CRTPO may face test
TRANSPORTATION ISSUES | By Dave Vieser July 13. Efforts to change the heavily weighted voting system employed by the Charlotte Regional Transportation Planning Organization (CRTPO) were officially launched in June when the Cornelius Town Board passed a resolution which urges CRTPO to adopt an unweighted voting structure. Under the proposed system, every municipal entity’s vote […]
Major rail industry firm will move headquarters to Charlotte
July 11. TTX Co., a major provider of railcars and related freight car management services to the rail industry, will move its headquarters to Charlotte, creating 150 jobs. The company will invest $14.5 million in Mecklenburg County. “Designated as the number one state in the nation do to business for the second year in a […]
CNBC: North Carolina is No. 1 state for business
July 11. CNBC has named North Carolina the Top State for Business in 2023 for the second year in a row. “After another record-breaking year for economic development wins, I am more than proud to see the great state of North Carolina recognized as the best state in the nation for business yet again,” said […]
Local entrepreneurs buy cafe near Birkdale; it’s now called Rise Cafe
July 10. A well-known Lake Norman husband-wife team, both business and life coaches, have taken over the Egg Cafe in Birkdale. They have changed the name to Rise Cafe and plan to put their background in food services to good use. Christina and Titus Bartolotta are the chef-owners of the new operation named Rise Cafe. […]
Local firm is E&Y Entrepreneur of the Year/Southeast
July 6. Denise Shields, CEO of Nych Brands, is the new Ernst & Young Entrepreneur Of The Year for the Southeast at the regional awards celebration in Atlanta. The Entrepreneur Of The Year Awards program is one of the most prestigious awards for entrepreneurs and leaders of high-growth companies worldwide. Shields was selected from a […]
LKN Chamber hosts Healthcare Summit July 11
July 5. The Lake Norman Chamber of Commerce will host a healthcare summit featuring the top executives of Atrium Health University City, Iredell County Health, and Novant Health Huntersville Medical Center on July 11 at Northstone Country Club. The event will be sponsored by I77 Express, the public-private partnership between the NC Department of Transportation […]
