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Business

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Wyatt, in front of the old Alexander Farm on Westmoreland

Growth Q&A at May 13 Newsmakers Breakfast

There will be three featured speakers at the Business Today Newsmakers Breakfast May 13 at The Peninsula Club. Charles Knox, a developer and real estate broker who founded Huntersville-based The Knox Group, and Zack Wyatt, a Cornelius resident who is founder of Carolina Farm Trust, will discuss “Growth & Infrastructure: What’s next?” in a Q&A […]

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Anti-toll demonstration at 5:30 pm spans parties, communities

April 29. By Dave Yochum. Growing bipartisan support, underscored by a bill introduced this week by NC Rep. Tricia Cotham, a Democrat from Matthews, is giving renewed strength to efforts to stop the Interstate 77 toll lane project. Meanwhile, anti-toll forces will be gathering on the I-77 bridge at Exit 28 in Cornelius for a […]

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Classica puts W. Catawba proposal on hold

April 29. By Dave Vieser. Classica Homes has put its rezoning request for 40 attached, age-restricted homes on hold due to new information just received from the state DOT regarding the future widening of West Catawba. As a result, there won’t be a public hearing or any decision on their application at the Monday May 2 Cornelius Town Board meeting. RELATED: Property […]

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Bank growth continues, earnings reports from Aquesta, Uwharrie

April 26. Net income at Aquesta Financial Holdings fell 26 percent during the first quarter of 2016, but the parent company of Aquesta Bank is on a growth streak, having invested in the Charlotte market during the past year. “Expansion costs must be incurred prior to revenue recognition. For example, the bank’s investment in lenders […]

Lake Norman Chamber celebrates Small Business Week

      April 26. The Towns of Huntersville, Davidson, and Cornelius have joined with the Lake Norman Chamber of Commerce in celebrating the contribution of small business to the Lake Norman regional economy during Small Business Week, May 1-7. Each of the three towns has issued proclamations citing the contributions of the Lake Norman […]

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Planning Board OK’s rezoning on Bailey; hearing set for June 6

April 14. By Dave Vieser. Despite concerns about increased traffic, the Cornelius Planning Board has approved a request from Mariner Properties Inc. to rezone three acres of vacant land at the northeast corner of Bailey Road and Statesville Road to accommodate new retail buildings. By a 6-1 vote, the board sent the proposal on to […]

Top economist: ‘Charlotte’s evolution, there’s no going back’

April 12. Net migration into Charlotte has fueled population gains and supported growth in employment and commercial real estate, according to John Silvia, one of the top economists in the U.S. The Wells Fargo economist says, however, that employment growth here has moderated recently. Silvia will discuss the evolution of the Charlotte “employment situation,” net migration, […]

Traffic a concern with building proposal; public meeting Monday

April 8. By Dave Vieser. A request to rezone three acres of vacant land at the northeast corner of Bailey and Statesville roads to accommodate three new retail buildings has generated concerns among area residents about increased traffic. If approved, the three new buildings comprising 40,000 square feet would house a mix of restaurant, retail […]

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Banking on traffic: Billboard is talk of the town

April 6. An old-school billboard for a local bank is getting a lot of traction on the new virtual town square called Exit 28 Ridiculousness. The billboard for Cornelius-based Aquesta Bank is located on the northbound side of I-77 between Exits 23 and 25—where traffic comes to a virtual standstill most afternoons. And mornings. And evenings. […]

Top economist at April 13 Newsmakers Breakfast 

John Silvia, the chief economist at Wells Fargo, will be the featured guest at the Business Today Newsmakers Breakfast April 13 at The Peninsula Club. The well-known economist is frequently quoted by news organizations, not just around the country, but around the world. He has held his position since he joined Wachovia, a Wells Fargo predecessor, in […]