Newsroom
New hotel in Mooresville
Plans for an 82-room, lakefront hotel dubbed Sunset Cove call for a 4,000-square-foot conference center and a restaurant. Groundbreaking is expected early next year. The project could include condominiums in a later phase. It’s on Sunset Cove Lane, just off Alcove Road on the west side of I-77. The developer, Brett Krueger, was part of the development and restoration […]
Microsoft announces 430 new jobs, expansion in Charlotte
Microsoft Corp. will create 430 new jobs in Mecklenburg County with a $23 million expansion in Charlotte. “The opportunity that we have to grow our base and our talent in North Carolina is an exciting one,” said Reggie Isaac, Microsoft Charlotte campus director. “Microsoft is pleased to be empowering customers, partners, and employees in the […]
Uwharrie 3Q net up 50%
Uwharrie Capital Corp. and its primary subsidiary, Uwharrie Bank, reported third-quarter net income rose 50 percent to $968,000 vs. $643,000 for the same three-month period in 2018. For the three months ended Sept. 30, net income available to common shareholders was $826,000 or $0.12 per share compared to $499,000 or $0.07 per share for the […]
Atrium planning Cornelius hospital, medical complex
Oct. 21. By Dave Yochum. Atrium Health has filed an initial application with the North Carolina Division of Health Service Regulation for a Certificate of Need to build a 30-bed acute care hospital in North Mecklenburg. The facility, which will be in Cornelius, would include two operating rooms. Atrium, which has the Augustalee site in […]
Michael Waltrip Raceworld complex under contract to top auto dealer
By Dave Yochum. The owners of Lake Norman Chrysler Jeep Dodge have the old Michael Waltrip Raceworld under contract for an undisclosed amount. LKNCJD owners Robin and Jack Salzman plan a new retail facility that would include a prep shop and 10,000 square feet of space for non-profits and community events. The dealership plans to […]
Aquesta declares 7th consecutive annual dividend
Oct. 18. Aquesta Financial Holdings has declared its seventh consecutive annual cash dividend to shareholders of record as of Nov. 4. The 11 cent dividend is payable on Nov. 18. “We are very pleased that Aquesta continues to show strong earnings and loan growth. In recognition of outstanding results, our Board has authorized the seventh […]
Leading business consultant hops into craft beer
By Dave Vieser. Lost Worlds Brewery has found a place in a strip shopping center on West Catawba in Cornelius. If all goes as planned, the suds will be flowing sometime this winter according to co-owners Dave and Allison Hamme. The brewery was founded to create a “basecamp for adventure-seekers,” said David Hamme, a nationally […]
Bridge loans fill finance gap for sellers in a tight market
By Debbie Griffin. In today’s competitive real estate market, the perfect home seldom stays on the market very long. And while a super quick home sale may be the talk of the neighborhood, it can leave home-sellers in a predicament. How do you find the right home in a short amount of time when your […]
OPINION: Vote ‘Yes’ on sale of Continuum to TDS
By Tricia Sisson, 2019 Lake Norman Chamber Chair. If you’re like me, coming to a decision on how to cast my vote can sometimes be difficult. There might be good arguments on both sides and it’s not always clear cut what the right choice is. Luckily, voters in Davidson and Mooresville have at least one […]
Millennials: A new age for law firms
By Dave Vieser. A law partner was once viewed as a job for life. Becoming a partner in a firm often meant being in a family of attorneys with job security who serviced established clients, while pulling down an impressive salary. Partners rarely left for other firms. Change is happening fast in the profession, especially […]
