Business

New development faces challenges in slow-growth era

NEWSMAKERS BREAKFAST | JUNE 22

Three Lake Norman leaders—a developer, a former Huntersville mayor and a sitting town commissioner in Cornelius—will discuss the state of development amidst the current climate in and around Lake Norman at a Newsmakers Breakfast June 22 at The Peninsula Club.

The event features:

John Aneralla, former mayor of Huntersville

Colin Furcht, a current member of the Cornelius Town Board

Jake Palillo, developer of Bailey’s Glen and Symphony Park in Huntersville

 

The topic is timely as commercial projects face more scrutiny due to traffic and over-crowding in schools. At the same time property owners expect minimal increases in property taxes.

The open forum Newsmakers Q&A includes a full country breakfast.

• The cost to attend is $15.

• Doors open at 7:15 a.m. for networking. The buffet-style breakfast gets under way at 7:30 a.m.

• The Q&A begins at 8 a.m and concludes at 9.sharp. The cost includes a full country breakfast.

RSVP Required. Call 704-895-1335 with Visa or MasterCard.

Presenting Sponsor is Christina Stone, with Allen Tate in Cornelius.

Breakfast Sponsors are Realtor Marzia Mazzotti and Bright Law, based in Birkdale Village.

Coffee Sponsors are United Bank in Mooresville, Master Tile and Realtor Elise Redmond.

Open Forum discussion

Newsmakers Breakfasts are discussion forums, a “Meet the Press” where the audience asks questions.

This will not be about any one development, said Dave Yochum, editor of Cornelius Today and the host of the Newsmakers Breakfasts. “Rather, it’s about the process and outcomes for new development in a slow-growth environment,” he said.

“Homeowners are concerned about not just their property taxes but traffic and the impact on local schools,” he said. “Our three newsmakers will have three different points of view.”

Discussion

One Response to “New development faces challenges in slow-growth era”

  1. Instead of sitting around talking, why doesn’t anyone step out and do what really needs to be done. If you live anywhere near Huntersville/Cornelius, no genius is required to see the actual problem, which is a serious lack of planning. Put your efforts where they are needed to make life manageable for the residents – then ask us to back up efforts for development. We pay some of the highest taxes in the state, yet we lack adequate schools for our children and our roads were seriously overburdened ten years ago. All the projects for road expansions keep getting pushed further and further out. To boot, we must pay to use the interstate lanes we’ve already funded. ENOUGH. Have a nice breakfast.

    Posted by Donna Winter | June 12, 2023, 7:06 pm

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