Newsroom
Race to finish toll lanes is on; shoulder work begins in 2020
By Dave Vieser. As motorists who ride I-77 already know, there’s plenty of work left to be done on the toll lane project, most especially on the segment between Exit 23 in Huntersville and I-277. Even the open segment between Exits 23 and 36 still requires quite a bit of final paving. Cintra, aka I-77 […]
Rick Eveson is new EVP at Aquesta
Rick Eveson is the new executive vice president, chief operations and compliance officer at Cornelius-based Aquesta Bank. Eveson, who has led Aquesta’s consumer lending business for the past six years, will be responsible for oversight of all regulatory compliance risks as well as deposit, IT and loan operations. A graduate of State University of New […]
Record visitor spending across NC in 2018
Aug. 15. Tourism spending in North Carolina rose to $25.3 billion last year, a record. The data, which comes from an annual study commissioned by Visit North Carolina, has Mecklenburg County once again at the top, with $5.68 billion in visitor spending last year, up 5.6 percent from 2017. Domestic visitors spent a record $25.3 […]
Attorney will address HOA issues
McIntosh Law Firm attorney Chris Gelwicks will be the keynote speaker at a Cedar Management Group gathering in Asheville Aug. 21. He will be discussing “The ABC’s of Managing your HOA.” Cedar, with more than 600 associations under management, is one of the largest single-family and condo management companies in the Carolinas. Gelwicks will discuss […]
Blueharbor bank reports gains in second quarter
Mooresville-based blueharbor bank reported second-quarter net income rose 8% to $698,480 compared to $647,933 earned during the second quarter of 2018. For the six months ended June 30, net income was $1.29 million, up 6% from the first half of 2018. CEO Jim Marshall net income growth for the second quarter of 2019 was driven […]
20 units sold in project that taps demand for ultra luxury condos
By Dave Yochum. Some residential projects are game-changers. River Run comes to mind, as well as The Peninsula. These are residential projects that brought an entirely new level of amenities—and price—to the market back in the day. The Watermark condominium project just off West Catawba is another one. With pricing ranging upwards from $800,000 per […]
TDS plans to buy Continuum for $80 million
Aug. 14. By Dave Vieser. TDS Broadband Services, one of the nation’s largest telephone, broadband and television services, has a tentative agreement to purchase Continuum for $80 million. Mooresville-based Continuum is the municipally owned cable system that serves customers in Davidson, Mooresville and Cornelius. The deal, which must be approved by voters in Davidson […]
Xerox plans to copy successes of 3 Centers for Excellence
Xerox will build a new “Center of Excellence” in Cary worth more than $18 million and creating 600 jobs. The project is estimated to grow the state’s economy by $1.7 billion over the next 12 years. The Cary Center of Excellence will be the fourth of its kind for the company in North America, joining […]
New Corporations June – July 2019
Mecklenburg County 6/27/19 DLAB Capital Management Ltd., Derrick C. Saraceni, 13927 Wyncrest Dr., Huntersville 6/27/19 Dvash Medical PLLC, Jesse C. Jones, 209 Delburg St. Ste. 203, Davidson 6/27/19 Hayes Enterprises LLC, Kyle Hayes, 12805 Heritage Vista Dr., Huntersville 6/27/19 i.e. Properties LLC, Sean Hutchinson, 10228 Bailey Rd. Ste. 203, Cornelius 6/27/19 Myruka Chocolate Company LLC, […]
Home Transactions June – July 2019
Cabarrus County 06/28/19 $311,000 Century Communities Southeast, LLC to Jarrod Childress & Stephanie White, 345 Winding Oaks Ln., Concord 06/28/19 $286,000 NVR, Inc. to Ronald & Tamica Buchanan, 1536 Van Buren Ave., Concord 06/28/19 $335,000 Jeffrey Kearns to Michael & Tanya Landrum, 4701 Morris Glen Dr., Concord 06/28/19 $263,500 Taylor Morrison of Carolinas, Inc. to […]
