Business Today NC
Aquesta announces 2017 fourth-quarter earnings
Jan. 26. Aquesta Financial Holdings, Inc., the parent company of Aquesta Bank and Aquesta Insurance Services, today announced earnings and loan growth for the fourth quarter of 2017. For the fourth quarter of 2017, Aquesta had unaudited net income of $204,000 at 6 cents per share compared to 2016 fourth quarter net income of $529,000 […]
Meetings and conferences on the rise
By Katie Piccirillo Sherman. Whether it’s the decline in gas prices or the spike in air fare, local meetings and conferences are becoming the go-to venue, according to Meeting Planner International (MPI) and the Professional Conference Management Association (PCMA). Planners expect to organize 28 percent more meetings in 2017 with only 2 percent expecting to plan […]
Social media confronts mainstream leaders
By Kate Stevens. With local election primaries only two months away, online groups promoting political activism and levying criticism on Davidson, Cornelius and Mooresville leaders have never been more popular. But whether these online forums, convenient places to complain, cajole and promote change, can affect the region’s economic development process is still largely unknown, several […]
Town-center style project straddles Cabarrus/Mecklenburg county line
By Kate Stevens. A new 180-acre mixed-use development featuring residential units, retail, office and medical space along with entertainment options in a village center-style layout is coming to Cabarrus County. It will take seven to 10 years to build out. The Farmington development, by Charlotte-based MPV Properties, will split the Cabarrus and Mecklenburg County […]
Nominations for 13th Annual Top Women now open
Nominations for Business Today’s 13th Annual Top Women leadership awards are officially open. The prestigious awards honor the Golden Crescent’s most dynamic women in business, community service, education and politics. To be eligible for this awards program, women leaders should be based in Cabarrus County, Lake Norman or University City—a business region we started calling […]
Local tax rate just part of the eco-devo sales pitch
By Dave Vieser. With local tax rates set for the new fiscal year, will the lowest municipal rate help recruit the most new businesses? Not necessarily, say local economic development officials. “Municipal tax rates are, for sure, one of the factors in determining the cost of operations for businesses” said Russ Rogerson, executive director […]
Birkdale Village inspires rebirth of Kannapolis
Downtown Kannapolis will most definitely begin transforming before our very eyes, starting this fall. The City has hired a “construction manager at risk” to help ensure on-time, on-budget delivery of the West Avenue streetscape. The first component of the city’s Downtown Revitalization Project will be Birkdale Village incarnate, with vintage buildings, plenty of brick and […]
New planning chair says mixed-use approach offers choices
By Dave Yochum. An associate professor of architecture and urban design at UNC-Charlotte is the new chair of the Charlotte-Mecklenburg Planning Commission. Deb Ryan, who has been on the planning commission for six years, says what urban planning is about now is choices. “For the longest time we did single-family housing and we did […]
After holding land 20 years, leading developer ready to build
July 17. By Dave Yochum. The developer behind the proposed retail project on 11 acres of prime commercial property on West Catawba has a strong portfolio of high-quality holdings in the northeast, the Carolinas and Montana, with tenants ranging from CVS and Starbucks to Nordstrom and Tesla. Charter Realty & Development, based in Greenwich, […]
Vermillion Village in Huntersville on the move
By Dave Vieser. With recent town board approval, Vermillion Village in Huntersville appears to have a clear path for development, at a time when several other large mixed-use projects, including Lake Davidson in Mooresville and the Beaty Project in Davidson, are in various stages of consideration and controversy throughout the Golden Crescent. The Vermillion […]
