Recent Posts
Home prices continue their upward climb in Charlotte
July 10. By Dave Yochum. Home-price gains moderated just a little in April, a sign that the hot, hot market for mid-priced homes may be one-word hot, thanks (or no thanks) to rising mortgage rates.A new Case-Shiller report says Charlotte home prices rose .8 percent April over March, vs. 1 percent March over February. […]
Behind bars: Distiller doubles 2017 output
July 9. By Dave Yochum. Southern Grace Distilleries in Mt. Pleasant is adding a second shift to handle the increasing demand for the award-winning Bourbon it distills in an old state prison. And half-way through 2018, Southern Grace revenue this year has already surpassed all of 2017, says Leanne Powell, CEO of Southern Grace. The […]
Aquesta Financial sells insurance unit
July 2. NFP, one of the nation’s largest insurance brokers, has acquired Aquesta Insurance Services. It is estimated the sale will result in an after tax gain to Aquesta’s parent company, Cornelius-based Aquesta Financial Holdings, of approximately $1.7 million or 43.1 cents per share. NFP will continue to operate from the current Aquesta Insurance locations, […]
Newsmakers Breakfast July 11 taps into business side of beer
Lake Norman’s economic developer in chief, along with two beer industry leaders, will be the Newsmakers Breakfast speakers July11 at The Peninsula Club. Joining LKN economic developer Ryan McDaniels are Andrew Durstewitz, founder of D9 Brewing Co.and Ray Hutchinson, Head Brewmaster at 11 Lakes Brewing. Both craft breweries are located in Cornelius. Craft breweries are […]
LKN Chamber Expo moving from Davidson to Huntersville
Huntersville Mayor John Aneralla says he is excited to have the Lake Norman Chamber Expo come to the new Huntersville Recreation Center in November. A mainstay of spring, the Lake Norman Chamber Business Expo is moving from Davidson College to the $6 million facility in Huntersville Oct. 11, as first reported by Business Today back […]
BB&T Leadership Institute: $35 million facility is a jewel in world of corporate retreats
June 21. When it comes to offsite corporate retreats, places like the stately Graylyn Conference Center have some new competition. The BB&T Leadership Institute officially opened its new 60,000-square-foot campus in Greensboro. The $35 million campus has “immersive spaces” for learning, as well as 48 individual guest rooms, a “tree house” meeting room, dining and […]
Will self-driving cars put a dent in transit plans?
By Kate Stevens. As the I-77 commute to Charlotte grows longer and traffic around the suburbs increases, driverless vehicles, along with shared mobility strategies including driverless ride-shares and buses, will change how we travel. But experts are unsure when and how quickly autonomous vehicles will be integrated into everyday life “It’s still sometime out there and […]
Toll talk: It looks like I-77 ‘solution’ was a lot of talk
June 18. By Dave Vieser. It sounded good. The optics were excellent. Last week, NC Rep. John Bradford went on Facebook to say he had some “incredible good news” about the hated I-77 toll lanes. The good news was that the House of Representatives was working on legislation to create a source to fund a modification of […]
Concord Downtown: Pop up event means business
Downtown Concord is a model American downtown, and special events not only show off this treasure, they bring business to merchants. Pop-up Downtown June 23—in conjunction with the annual Summer Sidewalk Sale— will bring more than 60 vendors and crafters. Add this to Downtown Concord’s more than 40 shops, and you have an economic development […]
Bradford, Beasley run bills to help solve I-77 tie-up in Raleigh
June 13. By Dave Vieser. It’s a given that a bill introduced by NC Rep. John Bradford which would create a fund for paying changes in the I-77 toll lane contract will face a tougher challenge in the NC Senate, but local officials, including Bradford, are optimistic. HB 1029 would create a NCDOT reserve account […]
