Recent Posts
Leading banker announces bid for Cabarrus Commission
Veteran business leader and banker Pat Horton will run for the Cabarrus County Board of Commissioners. The regional president for Uwharrie Bank’s retail banking division is steeped in the Cabarrus community, having been a mainstay at First Charter, which was acquired by Fifth Third in 2008. This is Horton’s first run for elected office. Her […]
Sprizzi lands funding from Chinese government
April 30. A single-serve cold beverage maker that will set up operations in Cornelius has landed a $100 million investment from China. Sprizzi Drink-Co. plans to distribute “flavor bullets” from the old Michael Waltrip Raceworld facility on Liverpool. Back in December, the Lake Norman Economic Development Corp. announced that Sprizzi would open a distribution center […]
Allen Tate No. 8 nationwide among independent firms
April 23. Allen Tate Cos., one of the major forces in residential real estate in Lake Norman and Cabarrus, is also one of the largest real estate companies in the nation. It is No. 8 in the U.S. among independent real estate firms, and No. 14 among all firms including franchise operations. The news was […]
Lakefront mansion in The Point sells for $4.78 million
April 18. A stunning lakefront estate in The Point in Mooresville has sold for $4.78 million, one of the most expensive sales in Lake Norman—and Charlotte—during the past year. The 12,000 square foot house, at 127 Thurstons Way, was listed at $5.9 million with Victor and Amy Petrenko of Premier Sotheby’s International, in Cornelius. […]
M/I Homes re-entering Huntersville market
April 18. M/I Homes plans to start construction on up to 450 new homes in the Charlotte region in 2019, making a dent, perhaps, in the shortage of inventory. Two hundred of the new houses are in Huntersville. In the last three months of 2018, housing inventory nationwide retreated 4.6% from the previous year, according […]
New parking deck adds a lot to retail in downtown Concord
By Debbie Griffin. A check with the relatively new director of the Concord Downtown Development Corp., Johnson Bray, reveals a strong economy and the welcome addition of a new 614-spot parking deck. Bray took the CDDC reins from Diane Young last June and has been attending events and listening to what people want in their […]
Carolina BioOncology announces expansion in Huntersville
April 4. Carolina BioOncology Institute, a cancer research clinic based in Huntersville, will invest $250,000 on an expansion in The Park, not far from Novant Huntersville Hospital. The 10,00-square-foot expansion to 30,000 square feet includes space for cleanroom and lab space expansion, as well as two separate pharmacies, equipment monitoring and building automation systems. Carolina BioOncology […]
Duke Energy stokes coal ash battle
April 11. By Erica Batten. Duke Energy will appeal a state Department of Environmental Quality (NCDEQ) order that it must excavate the coal ash at coal power plants and rebury it in lined landfills. The Charlotte-based utility said the order to excavate nine ash basins would impose a financial burden on not only customers but the […]
D9 hops into Charlotte
April 8. By Katie Piccirillo Sherman. D9 Brewing has registered D9 Brewing NoDa with the NC Secretary of State, suggesting the Cornelius-based brewery has set its sights on Charlotte. Following the hugely successful opening of a larger taproom in Cornelius last fall, an expansion into a market replete with Millennials is a powerful strategic move. […]
Baby Boomers fix up with Millennial buyers in mind
By Erica Batten. When it comes to outdoor home improvements, Baby Boomers and Millennials are choosing the same products, if for slightly different reasons. “It’s like the Baby Boomers are almost getting ready for the Millennials to buy their homes,” said Todd Cioppa, director of sales at MetroGreenscape in Charlotte, which designs and installs landscaping, […]
