Business
NC unemployment rate at 3.8%
Sept. 26. The state’s seasonally adjusted unemployment rate in August was 3.8 percent, increasing 0.1 of a percentage point from July’s revised rate, according to the NC Dept. of Commerce. The national rate decreased 0.1 of a percentage point to 4.2 percent. The state unemployment rate was up 0.3 of a percentage point from a […]
Retired diversity officer at Duke Energy will speak at LKN Chamber luncheon
Sept. 24. The Lake Norman Chamber of Commerce will host its Diversity Luncheon Thursday, featuring Joni Davis, the former chief diversity and inclusion officer at Duke Energy. Background As chief diversity officer, she was responsible for developing and executing strategies to build on a strong culture of diversity, equity and inclusion to strengthen the company’s […]
Palillo cancels BoatYard redevelopment proposal
Sept. 23. By Dave Yochum. Developer Jake Palillo is pulling up anchor at the BoatYard site in Cornelius and moving on. Plans for a $10 million automotive services complex on the acre site were met with opposition from the Pre-Development Review Committee as well as community members who attended the PDRC meeting this past Thursday. […]
Small town give and take may lead to smooth sailing at BoatYard
Sept. 20. By Dave Yochum. Small-town government shone yesterday during a meeting of the Pre-development Review Committee (PDRC) when developer Jake Palillo presented plans to redevelop the BoatYard property at the corner of Westmoreland and Old Statesville. Committee members as well as Mayor Woody Washam praised the concept—an automotive services complex—but not the location. Palillo […]
Leading developer sets sights on BoatYard property in Cornelius
Sept. 17. By Dave Vieser. Developer Jake Palillo has plans for Boatyard Lake Norman, the 3.4 acre outdoor music venue at the corner of Westmoreland and Hwy 21/Statesville Road, which would turn the site into an automotive services complex with a convenience store and gas pumps, a car wash, multiple detailing options and an oil/lube […]
Hot Properties: Million-dollar deals
Sept. 17. Recent home sales in excess of $1 million. $11,500,000 Christopher & Julie Bennett to Charles Lineberry, 16716 Belle Isle Dr., Cornelius $2,700,000 Theodore & Roberta Meier to Nancy & Daniel Shogan, 16711 Jetton Rd., Cornelius $2,490,000 Mary & David Greer to Andrew Shaffer, 817 Hudson Pl., Davidson $2,400,000 Benjamin & Heather Riddle to […]
Ribbon cutting at Coffee Republic
Sept. 12. The Lake Norman Chamber held a ribbon-cutting ceremony Sept. 11 for Coffee Republic, located at 19905 West Catawba Suite 105. Owner Kalea Flynn held the scissors.
Airlie will move from incubator space into larger, permanent location in Birkdale
Sept. 10. Mother-daughter duo Robin Galloway and Samantha Stevens opened Airlie Baby in one of the 225-square-foot tiny retail shops at Birkdale Village less than two years ago. Now, the pair is preparing to expand the concept into a larger, more long-term storefront along Lindholm Drive after a successful incubation period. The new store is […]
You Decide: Can the President control the economy?
Sept. 9. By Mike Walden [Opinion] With the presidential campaigns in full force, one question people are asking is if a president can control the economy. In fact, I’ve had this question put to me by both the media and attendees at meetings. In the type of economy we have — a market economy — […]
NC unemployment rate remains lower than national
Sept. 6. North Carolina’s jobs picture is bright, with last week’s claims almost 7 percent lower than in the previous week and 17 percent lower than last year. Twenty-seven states and the District of Columbia had unemployment claims last week that were worse than the same week last year. The state’s seasonally adjusted July 2024 […]
