Recent Posts
Projects show how affordable housing works
May 15. By Debbie Griffin. Affordable-housing partners gathered April 10 with golden shovels to officially commemorate the start of two projects for people 55 years and older: The 60-unit, $8.5 million Prosperity Ridge in Kannapolis and the 68-unit, $10 million Cascade Garden in Mooresville. The non-profit organizations Wesley Community Development of Huntersville and Prosperity Unlimited […]
Bills in Raleigh target benefits, family leave
May 14. By Debbie Griffin. North Carolina legislators introduced several bills in March that seek employee benefits ranging from paid sick time and family leave for all to an expanded definition of family and tax-funded insurance. Some companies may already offer better benefits than the law requires. Others wonder how they’ll stay in business if […]
Huntersville startup one of 24 getting small business grants
May 13. By Dave Yochum. A Huntersville start-up is among two dozen innovative small businesses across North Carolina on deck for grants to develop new products and hire more employees. A total of $1.1 million from the One North Carolina Small Business Program will go to the technology-oriented businesses including Energyxchain LLC which is officially […]
Uwharrie’s annual meeting is May 14
Uwharrie Capital Corp, parent company of Uwharrie Bank and Uwharrie Investment Advisors will hold its Annual Meeting of Shareholders on Tuesday, May 14, at the Stanly County Agri-Civic Center, 26032 Newt Road, in Albemarle. Dinner and fellowship will begin at 4:30 p.m. Shareholders are invited to the business meeting at 6:30 p.m. when items of […]
LKN Festival of the Arts has a national following
The Third Annual Lake Norman Festival of the Arts, a world-class, two-day art fair in Birkdale Village, will bring thousands of visitors to Lake Norman the weekend of May 18-19. More than 100 national and local artists are set to display their works, which includes paintings, fine jewelry and other works of art. The festival […]
Leading banker announces bid for Cabarrus Commission
Veteran business leader and banker Pat Horton will run for the Cabarrus County Board of Commissioners. The regional president for Uwharrie Bank’s retail banking division is steeped in the Cabarrus community, having been a mainstay at First Charter, which was acquired by Fifth Third in 2008. This is Horton’s first run for elected office. Her […]
Sprizzi lands funding from Chinese government
April 30. A single-serve cold beverage maker that will set up operations in Cornelius has landed a $100 million investment from China. Sprizzi Drink-Co. plans to distribute “flavor bullets” from the old Michael Waltrip Raceworld facility on Liverpool. Back in December, the Lake Norman Economic Development Corp. announced that Sprizzi would open a distribution center […]
Allen Tate No. 8 nationwide among independent firms
April 23. Allen Tate Cos., one of the major forces in residential real estate in Lake Norman and Cabarrus, is also one of the largest real estate companies in the nation. It is No. 8 in the U.S. among independent real estate firms, and No. 14 among all firms including franchise operations. The news was […]
Lakefront mansion in The Point sells for $4.78 million
April 18. A stunning lakefront estate in The Point in Mooresville has sold for $4.78 million, one of the most expensive sales in Lake Norman—and Charlotte—during the past year. The 12,000 square foot house, at 127 Thurstons Way, was listed at $5.9 million with Victor and Amy Petrenko of Premier Sotheby’s International, in Cornelius. […]
M/I Homes re-entering Huntersville market
April 18. M/I Homes plans to start construction on up to 450 new homes in the Charlotte region in 2019, making a dent, perhaps, in the shortage of inventory. Two hundred of the new houses are in Huntersville. In the last three months of 2018, housing inventory nationwide retreated 4.6% from the previous year, according […]
