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Concord Downtown: New director has ‘passion for economic development’

Jume 5. UPDATED 7 AM. Johnson Y. Bray, who is currently the planning director in Troy,  says he was quickly impressed by downtown Concord. “It immediately felt like a place that I could call home,” the new executive director of Concord Downtown Development said. “The City and CDDC have approached economic development in a way […]

Workers line Marigold Place in the Blume subdivision in Harrisburg, NC.  150 homes have been built since construction began in 2013.  With 297 lots planned multiple homes are under construction with lots selling quickly. Photo by Marty Price

Finding solutions to workforce housing crisis

By Erica Batten. A “tidal wave” of rising home values is pricing housing out of reach for a wide range of ordinary people—everyone from musicians to teachers to firefighters. Case-Schiller says Charlotte single-family home prices rose 6 percent over the past year. Some neighborhoods are considerably higher, but the homes that rank and file workers want […]

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Serial entrepreneur Lemonis will open Gander store in Mooresville

May 31. None other than Marcus Lemonis, the star of CNBC’s “The Profit,” will be at the grand opening of Gander Outdoors in Mooresville. Lemonis bought Gander Mountain assets in bankruptcy court in May 2017. On “The Profit,” the serial entrepreneur lends his expertise to struggling businesses in various industries while using his People/Process/Product principle. […]

Home on Jetton sells for $4 million

The highest-price transaction in North Meck so far this year is a $4 million deal for a 10,000 square foot lakefront home at 16909 Jetton Road, adjacent to The Peninsula in Cornelius. Lance Carlyle with Carlyle Properties listed the four-bedroom, five-bath estate. The house, which has a pool, a four-car garage, elevator and wine cellar, […]

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Golf is back on the upswing

By Elisabeth Richardson. If the annual PGA Merchandise Show is any indication, this will be another good year for an industry worth $84.1 billion in 2016—up 22 percent from 2011. It looks like more participation—especially from juniors—will help drive increases in green fees this year, as well as capital improvements and new amenities that will […]

Lake Norman Chamber supports I-77 Committee recommendations

The Lake Norman Chamber of Commerce has announced its support for the recommendations made by the I-77 Advisory Committee and has requested DOT Secretary of Transportation James Trogdon to strongly consider the group’s suggestions.recommendations.Those include: Allow I-77 Mobility Partners to complete construction. Upon completion, NCDOT buys out the contract Road improvement projects funded by ‘Bonus’ […]

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Canadian firm tees up redevelopment of Birkdale Golf Club

May 16. By Dave Vieser. Romspen, the Canadian company that owns Birkdale Golf Club, will invest $45 million into the aging complex. Plans include replacing the clubhouse, the addition of up to 225 apartments and a 155 room hotel. The application for the project was filed within the past week, and faces a lengthy review and approval […]

Mr. Cooper, tear down this contract

OPINION. The fight against the managed lane project on I-77 got a subtle boost when the schedule of the I-77 Advisory Group meetings was not just enlarged, but it was changed to accommodate NCDOT Secretary James Trogdon’s schedule. An NCDOT spokeswoman said the governor’s highways boss wants to attend the I-77 meetings and hear feedback […]

I-77 Advisory Group seems to settle on 1 toll lane, 1 GP lane

May 10. By Dave Vieser. In a meeting which consumed barely more than one hour, the members of the I77 Local Advisory Group voiced nearly universal agreement to complete the current construction, then to modify the I-77 expansion in Mecklenburg County from two toll lanes to one general purpose lane and one toll lane. The […]

Carrie Hewitt is new compliance officer, chief of operations at Aquesta

May 4. Carrie Hewitt is the new chief operations and compliance officer at Cornelius-based Aquesta Bank. A Davidson resident, she has 14 years of banking experience as well as 10 more years in finance and audit in other industries. She most recently served as director of internal audit and compliance officer at Albemarle-based Uwharrie Bank. […]