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Business owners are encouraged to share ideas of potential changes to Cabarrus County regulations during three "listening" sessions this month. The goal is to identify regulatory changes that may help increase employment and job growth. Organized by the Cabarrus County Council for a Sustainable Local Economy recommendations will be forwarded to the Cabarrus County Board of Commissioners. The three forums all start at 6:30 pm: Feb. 16, Kannapolis Train Station, 201 S. Main Street, Kannapolis; Feb. 23, Vintage Motorclub, 325 McGill Avenue, Concord; Feb. 28, Buddy’s Restaurant, 1470 S. Main Street, Mt. Pleasant. Comments may be emailed to regulatory@cabarruscounty.us. The Cabarrus County Council for a Sustainable Local Economy was established by the Cabarrus Board of County Commissioners and charged with performing research and analysis, educating the community, developing strategies and making policy recommendations that encourages entrepreneurship and supports local, independently owned businesses. More info: Shannon Johnson, 704-920-2181. |
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Feb. 2 Hendrick Automotive Group has purchased Tim Marburger Dodge Chrysler Jeep in Concord for an undisclosed amount. Wes Watkins is the executive manager of the dealership which has been renamed Hendrick Chrysler Dodge Jeep Ram of Concord. |
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| Jan. 27 The cost to live in an authentic French chateau will now set you back $5.9 million, not $8 million. The luxurious lakefront home in Mooresville, built by the former owner of Boyles Furniture for upwards of $22 million, is listed by Debbie Monroe and Amber Garchar of Lake Norman Realty. Like a lot of homes in all price ranges, this one is bank-owned. To see the brochure, click here. |
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Jan. 25 A "Hiring Our Heroes Job Fair," designed to help military personnel adjust to civilian life, will be Feb. 13 from 9 a.m. to noon at Embassy Suites in Concord. |
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Jan. 25 Karen Bentley, a business-friendly representative on the Meck County Board, will run again. |
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Jan. 24 John Bradford, the owner of Park Avenue Properties in Cornelius, has been named business person of the year by the Lake Norman Chamber of Commerce.
Bradford, who is also a member of the town board in Cornelius, received the award at the chamber’s annual dinner last week. Matthew Hayes, principal at North Mecklenburg High School, received the Duke Energy Citizenship and Service Award , while David F. Peete, the principal planner for Huntersville, was named volunteer of the Year.
The new chairman of the chamber, Jack Salzman, president of Lake Norman Chrysler Jeep Dodge Ram, said the chamber would focus on “customer relations” with members and former members to ensure that all see value in their membership. Emphasizing that the chamber’s board of directors would “not be a puppet board,” Salzman stated: “In every thing we do as a board our focus must be always to benefit our community where we live, work and play.”
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| ANERALLA |
Jan. 21 N.C. Senate hopeful John Aneralla, a conservative Republican who has lined up endorsements from Cornelius Town Commissioners Lynette Rinker, Chuck Travis and Dave Gilroy, reports that he has $30,000 in his campaign treasury.
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Jan. 21 The Town of Cornelius will host a special meeting 9 am Wednesday, Feb. 8 in the Community Room of Town Hall to hear an analysis of the Red Line by a senior fellow of the Cato Institute, a Libertarian think tank in Raleigh. Randal O’Toole will discuss the business/finance plan behind the proposed 25-mile freight-commuter line between Mooresville and Charlotte.
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A business plan competition sponsored by the Centralina Workforce Development Board, Greater Statesville Chamber of Commerce, Iredell County, Mitchell Community College, Mooresville-South Iredell Chamber of Commerce, Mountain State University, the Small Business Center and the Small Business and Technology Development Center is getting under way in Iredell County. Meetings will be held in the Continuing Education Center Auditorium at 701 W. Front Street in Statesville. There will be hands-on workshops for participants to develop and assemble a complete business plan. More info: Suzanne Wallace 704-878-3227
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The Lake Norman Chamber will host a presentation on the Red Line by the consultants from Parsons Brinkerhoff and Jeff Hare, Cornelius Commissioner and chairman of the Cornelius Red Line Task Force. The session starts at 8 a.m. Jan. 27 on the second floor of the chamber building on West Catawba in Cornelius. |
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Author and motivational speaker, Nathan Jamail, reminds us not every hire is the right hire and not every job is the right job, but accepting a bad decision is wrong — for everyone involved. |
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| DeMAO |
Sherre teaches us the most effective business owners know how to get things done beyond the confines of their minds and their capabilities. As a result, they make more effective decisions and take more effective action when choices need to be made. Make 2012 the year you become a manager of your destiny. |
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| KANE |
Cheryl Kane teches us that time allocation, prioritizing how time is used, and controlling access to your time for specific efforts are all necessary to efficiently and effectively use your most rare and valuable asset: time. |
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High-end home sales run the gamut
in LKN; growing supply in Cabarrus |
It’s a mixed bag in the luxury market. Some homes are closing at steep discounts, while some pristine homes in superb locations are closing near their asking prices.
Prices per square foot edged upward about 1 percent in Lake Norman during the second quarter vs. 2009 levels, but realized values are still off 20 percent to 25 percent compared to 2007 levels, according to Reed Jackson of Ivester Jackson Distinctive Properties in Cornelius.
In Cabarrus County, there is a 26-month supply of luxury homes, with 52 homes actively on the market priced $750,000 and up. There have been six sales over $750,000 in the past six months, according to Diane Honeycutt, of Team Honeycutt in Concord. Among homes on the market now, the average price is $1,131,317 and to date the average days on the market is 170. Among those sold, the average sales price was $953,444. The average days on market was 215. The average sales to list price ratio was 85 percent.
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| Cornelius: This 5,000 sq. ft. home sold for $905,000 |
In Concord
A custom home with 6,585 square feet of heated living area has sold for less than $100 a square foot in Concord. The house, at 6807 Highgrove Place in the gated Highgrove subdivision, was listed at $650,000 by Heather Littrell. Selling agent Winnsie Apple of Prudential brought the buyers in at $633,000. The house, which sits on a two-acre lot with a pool, has six bedrooms and five baths, as well as a bar/entertainment area and a billiard room. The tax value, according to the MLS report, was $1.02 million.
In Cornelius
A lakefront home with 5,000 square feet of space has sold for $905,000. It was a short sale with four liens. Sandy Reynolds listed the property, shepherding it all the way through to closing. The three-level home features a gourmet kitchen with granite, five bedrooms, a lake level kitchen and a private dock with a boat lift. It is located across the street from The Peninsula at 17214 Green Dolphin Lane. Fred Rosati of Keller Williams represented the buyers.
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Renting is an option for high-end homes if this deal is any indication. A 5,800 square foot home with four bedrooms, a media room and an in-ground pool overlooking the Peninsula golf course has rented for $4,500 a month. Jennifer Stoops at Park Avenue Properties in Cornelius did the deal.
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| This Mooresville home sold for $1.53 million |
In Mooresville
A casually elegant coastal style home has sold for $1.53 million after being listed four months before for $1.6 million. The house, at 149 St. Charles Lane in the Perth Road area, has 5,200 square feet of space on two levels. It was built in 2003 and features a large open kitchen with gourmet appliances and a covered pergola with a stone fireplace facing Lake Norman. The listing agent was Lori Jackson of Ivester Jackson Distinctive Properties. Sherrie Boan at Allen Tate represented the buyers.
Real estate people
New agents moving to the Keller Williams Cornelius office include: Joyce Fox, Robin Faison, Shelley Johnson, Lori Rogers, Katherine Hanson and Stacy Doby.
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Franci Matt has joined Lake Norman Realty’s Denver office, while Nancy Hucks has joined the agency’s Davidson office. |
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Guest
Opinion
MARY HOPPER
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By Mary Hopper
The University Research Park (URP) remains a bright spot in office activity in the Northeast submarket. Located at Harris Boulevard and I-85, the 2000-acre park has a 45-year history of fostering cutting edge technology dating back to its early days when IBM was making ATMs there and Verbatim was producing floppy discs. Its growth came in spurts over the years, with First Union’s CIC complex and TIAA CREF as two of its past wins.
The latest uptick began in 2008 when SPEED renovated a former Verbatim building to become home to a state of the art, all-digital TV network. The motorsports channel now reaches 84 million homes in North America with additional worldwide distribution. The pace continued with David Bowles’ 2009 acquisition of the 70,000 square foot Louis Rose building that had housed IBM and then First Union Mortgage. Bowles used his skills to create Environmental Way as one of the region’s first LEED Platinum buildings and a workplace laboratory of sustainable systems and design. |
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| Mooresville: This home on Easton Dr. in Mooresville sold for $880,000 |
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In Mooresville
A house at 171 Easton Drive in The Point has sold for $880,000 after being listed by Doris Nash of Ivester Jackson Distinctive Properties at $929,900 two months ago.
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By Dave Yochum
New statistics from the N.C. Secretary of State indicate North Carolinians gave less to charity in 2011 than 2010. However, the same report also indicates people supported the non-profits that got better returns.
The Charitable Solicitation Licensing Division Annual Report says that charities licensed by the state collected $26.7 million from North Carolinians during the 12-month period.
The 2010-2011 report shows that of the money collected, $13.2 million went directly to the charities for which the fund-raising campaigns were being conducted. That’s a 49.46 percent return to the charities for each dollar donated. |
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