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New retail on W. Catawba is one of several on drawing board

Nov. 14. By Dave Vieser. A few days before the Cornelius Town Board is scheduled to vote on rezoning 11 acres between Catawba Avenue and Knox Road for a major retail center, a different developer is proposing another new project just to the east. The new project, referred to as the “20151 West Catawba Avenue […]

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Uwharrie Capital declares stock dividend; strong 3Q results

Uwharrie Capital Corp, parent of Uwharrie Bank, has declared  2 percent stock dividend to be paid Dec. 14 to shareholders of record Nov. 28. Consolidated total assets rose 10.6 percent from $576 million as of Sept. 30 last year to $637 million as of the end of the third quarter this year. Net income for the […]

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2019 Economic Outlook Nov. 15 at Newsmakers Breakfast

Charles Dougherty, a top economist with Wells Fargo Securities, will present an Economic Outlook at the Newsmakers Breakfast Nov. 15 at The Peninsula Club. Dougherty is a recognized expert in the commercial real estate, housing and construction sectors of the nationa, regional and macro economy. He regularly writes indicator reports, produces special commentary, and has […]

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Kannapolis hopes to knock it out of the park with stadium

By Dave Friedman.  In an aging stadium with no seats shaded from the summer sun, and few modern amenities, the Kannapolis Intimidators averaged a South Atlantic League low of 1,115 fans per game to watch during the season which concluded the first week of September. Intimidators Ballpark is located just off I-85 at Exit 63, […]

Rowan-Cabarrus Community College acquires acreage in Concord

Rowan-Cabarrus Community College has purchased two parcels of land totaling 16.44 acres near the South Campus in Concord from Crown Court. The additional acreage will accommodate the growth in Cabarrus County and the College’s future over the next three decades. “The College has long recognized the need to keep pace with the growing needs of […]

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Top Women: Celebrate the Class of 2018

At the Top Women Champagne Reception at River Run Country Club Oct. 17, Business Today recognized 14 leaders who have had a substantial impact on their communities. This dynamic group of ladies has weathered both good times and bad and adapted, learning new skills while still maintaining an admirable record of giving  back to the […]

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Millennials: Are we recruiting this generation?

By Dave Yochum.  Baby Boomers were the cat’s pajamas back in the 70s and 80s, but that generational cohort has been supplanted by Millennials. Everyone wants them, even though not everyone can communicate with them. Charlotte is No. 12 on a list of 50 cities that are attracting millennials and helping them prosper—and take over […]

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Exquisite estate on Lake Norman on market for $5.9 million

Picture a perfectly gorgeous 12,000-square-foot lakefront home on two private acres in The Point.  The house, at 127 Thurstons Way, was listed at $7.95 million in 2015, and reduced to $7.45 million in 2016.  It’s been re-listed at $5.9 million with Victor and Amy Petrenko of Premier Sotheby’s International.  The back story is interesting. With […]

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Aquesta net slips during third quarter; new operations center in Mooresville

Aquesta Financial Holdings, the parent company of Aquesta Bank, reports third-quarter net income fell from $757,000 (19 cents per share) last year to $702,000 (17 cents per share) for the three months ended Sept. 30. Jim Engel, CEO, said loan and deposit growth were good, despite the fact that earnings were muted due to larger […]

Visit LKN lands top industry awards

Nov. 5. Visit Lake Norman, the convention and visitors bureau based in Cornelius, was honored with four awards for achievement in destination marketing at the recent North Carolina Tourism Leadership Conference. VLN received a Gold Award for best Community Relations for the Ambassador and Internship Program that recruits ambassadors and interns to work in the […]

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