Cornelius
Cornelius is getting a new bank branch, this one on Bailey Road
March 28. By Dave Yochum. Cornelius is getting another: a) Bank b) Bank c) Bank You guessed bank, right? When ServisFirst Bank opens on Bailey Road a half block from Hwy. 21 later this spring, it will be the 15th bank branch located in Cornelius. The new branch is a subsidiary of ServisFirst Bancshares, a […]
Entrepreneurs: Coffee shop with bakery anchors growing chain
By TL Bernthal. Sean Flynn has the entrepreneurial spirit. He’s half of the Cornelius team that opened Main Street Bakery & Coffee on West Catawba Avenue this week. It’s a soft opening to work out any kinks and get a handle on foot traffic. It’s the fifth shop for Sean and Kalea Flynn, who live […]
Retail report: HomeSense opens tomorrow; musical chairs in Birkdale Village
March 22. [Updated March 23] By TL Bernthal. HomeSense will open 8 am Thursday, March 23, in Cornelius. The store will sell furniture, rugs, decor and wall art, lamps and other lighting, kitchen and dining items, and organizational solutions such as for storage. The store replaces Stein Mart, which closed, making room for HomeSense and […]
Embezzler gets 30 months in prison after nabbing $775K
Feb. 24. By Dave Yochum. When Will Vulcano, 66, the owner of a successful trucking company, passed away in October of 2019, Benjamin Padua Jr. of Huntersville had already begun embezzling hundreds of thousands of dollars from The Peninsula resident and the company Vulcano owned. But Padua, the senior financial officer of Carrier Transicold Mid-Atlantic, […]
Once divided, now re-united: Chambers of commerce merge
Feb. 8. By TL Bernthal. The Huntersville Connection, formerly known as the Huntersville Chamber of Commerce, and the Cornelius-based Lake Norman Chamber of Commerce have consolidated. The move was under consideration and negotiation by the two boards since December 2021. Jim Combs, the 2022 president of the Huntersville group and now a member of the […]
Parks Automotive has acquired Lake Norman Chrysler
Jan. 19. By Dave Yochum. The Parks Automotive Group, with Audi, BMW, Buick, Chevrolet and Ford stores from Richmond, Va. to Spartanburg, SC, is acquiring a brand they don’t have—Chrysler. Robin and Jack Salzman, long-time fixtures in the Lake Norman business community, yesterday sold Lake Norman Chrysler Dodge Jeep Ram and Gastonia Chrysler Dodge Jeep […]
Personal finance: The cost of smoking
Jan. 18. Smoking can burn a nasty hole through your wallet. With the economic and societal costs of smoking totaling more than $600 billion per year, the personal-finance website WalletHub released its report on The Real Cost of Smoking by State. To encourage the estimated 34.2 million tobacco users in the U.S. to kick the […]
Birkdale Village developers ask for delay on decision until next month
Jan. 12. By TL Bernthal. Birkdale Village has asked that the decision on its rezoning request be delayed until the Feb. 20 Huntersville Town Board meeting. Susan Irvin, the lawyer for applicant DDRTC Birkdale Village LLC, wrote to the town board that the applicant would like the deferral to allow time for review of the […]
Consumers racking up record credit card debt
Dec. 12. Consumers started 2022 by paying down just $12.5 billion in new debt in the first quarter, adding a staggering $67.2 billion in new debt during the second quarter, a Q2 record, followed by an additional $39.6 billion in the third, a Q3 record. Mortgage balances—the largest component of household debt—climbed by $282 billion […]
Charlotte almost makes the top quarter of fun cities in WalletHub survey. Is it the brewery factor?
Dec. 8. With the average American spending over $3,500 on entertainment each year, the personal-finance website WalletHub released its report on 2022’s Most Fun Cities in America. You’d think with all the breweries — one of the key metrics in the survey — in Charlotte and Lake Norman, the region might have ranked higher than […]
