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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 […]

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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 […]

Community banker Pat Horton is taking aim at the seat held by Cabarrus Commissioner Liz Poole

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 […]

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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 […]

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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 […]

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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.​ […]

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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 […]

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New parking deck adds a lot to retail in downtown Concord

By Debbie Griffin.  A check with the relatively new director of the Concord Downtown Development Corp., Johnson Bray, reveals a strong economy and the welcome addition of a new 614-spot parking deck. Bray took the CDDC reins from Diane Young last June and has been attending events and listening to what people want in their […]

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Carolina BioOncology announces expansion in Huntersville

April 4. Carolina BioOncology Institute, a cancer research clinic based in Huntersville, will invest $250,000 on an expansion in The Park, not far from Novant Huntersville Hospital. The 10,00-square-foot expansion to 30,000 square feet includes space for cleanroom and lab space expansion, as well as two separate pharmacies, equipment monitoring and building automation systems. Carolina BioOncology […]

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Duke Energy stokes coal ash battle

April 11. By Erica Batten. Duke Energy will appeal a state Department of Environmental Quality (NCDEQ) order that it must excavate the coal ash at coal power plants and rebury it in lined landfills. The Charlotte-based utility said the order to excavate nine ash basins would impose a financial burden on not only customers but the […]

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