Business
Panic buying fuels gas shortage
SEPT. 13. By Dave Yochum. Updated Friday 11 am. You don’t build a church for Easter Sunday. That’s the analogy Tom Kloza used to describe the normally adequate gasoline supply system that provides fuel from distribution centers in Greensboro and Charlotte to thousands of gas stations in and around the Golden Crescent. Panic buying […]
Colorado securities fraud case touches Cornelius investors
Sept. 12. By Dave Yochum. A prominent investment advisor from Cornelius has been named as an unregistered promoter in an alleged real estate investment scheme in Colorado. Marlin S. Hershey, a principal at Performance Holdings in Kenton Place, was mentioned in an indictment against Gary Jule Dragul, 55, the president of GDA Real Estate Services […]
New spec multi-tenant project coming to Concord
Sept. 11. Fortius Capital Partners has announced plans to build Meadows Corporate Park, a multi-tenant industrial development with 192,000 square feet of space in two buildings. The project, on I-85 near Poplar Tent Road, represents a $9.9 million investment. J. Harris Morrison III of Fortius Capital Partners says the 21.5-acre site targets industrial users requiring […]
Charlotte home prices are on the up and up, but how long?
Like the Energizer Bunny, the upward trajectory of Charlotte home prices keeps on going. Year-over-year, prices rose 5.7 percent in Charlotte from June of 2017 to June of this year. It’s slightly less than the 20-city composite average of 6.3 percent, according to Case-Shiller, the S&P Dow Jones index for home prices. Charlotte’s year-over-year came […]
Negative economic impact of I77 tolls is breathtaking
Sept. 9. By Dave Yochum. Having won the hearts and minds of Lake Norman a couple of years ago, some of the original toll fighters gathered on the Diverging Diamond at Exit 28 for a third year of protests—this time as Gov. Roy Cooper was finding his way to a fundraiser at a private home […]
Lake Norman a hub for beer enthusiasts
By Erica Batten. Five years ago, it would have been hard to imagine Lake Norman as a destination for beer enthusiasts. Craft brewing was not one of the target areas for growth, said Ryan McDaniels, CEO of Lake Norman Economic Development. But times have changed, and not just locally. And Tim Kent, executive director of […]
2018 Top Women nominations close soon!
Do you know any ‘Top Women” leaders in our community? Nominate your boss, a friend or yourself. All of us at Business Today are honored to recognize women leaders across Cabarrus County and Lake Norman for the 14th consecutive year! More than 75 women from all walks of life—from attorneys and educators to elected officials […]
Business is booming in North Carolina
By Erica Batten. North Carolina ranked 12th in WalletHub’s recent “2018 Best States to Start a Business” report. The study compared the 50 states across 25 key indicators of startup success to determine the most fertile ground in which to launch and grow a business. The indicators were grouped into three key dimensions: Business environment, […]
It’s he said, she said as I-77 fix appears to be filled with hurdles
Aug. 21. By Dave Vieser and Dave Yochum. The Town Boards in Huntersville and Cornelius have approved resolutions asking the state legislature to exempt proposed changes in the I-77 toll lane project from the DOT’s Strategic Transportation Improvement Process. The STI is used by the state to rank, score and prioritize funding for transportation projects. “STI […]
Luxury real estate, defined
Aug. 21. A standing-room only discussion of Charlotte’s luxury housing market by the top brass at Allen Tate Co. suggests the demand for million-dollar houses will keep growing. More private wealth is hitting the real estate markets with many multimillion-dollar properties being purchased for cash. Here are some takeaways from the presentation at The Peninsula […]
