Business
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 […]
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 […]
Troutman entrepreneur opens luggage shop in Jetton Village
April 1. An octogenarian entrepreneur who lives in Troutman is opening an upscale luggage store in Jetton Village. Winnie Ruth Judd said she would take a 1,200 square foot space adjacent to the new Gourmet Cutlery store. “First-class travel is what we’re all about,” the 89-year-old Judd said. Her store, which features luxury brands like […]
Another new hotel planned for west side of Cornelius
April 1. A prototype Bojangel’s Hotel with 215 rooms and 25 extended stay suites will open in Kenton Place on three acres of property straddling the border of Huntersville and Cornelius. “We are pleased to bring a new travel option, not just to the Charlotte market, but to America,” said Bojangel’s spokesman A.J. Liebling. The […]
Tom Dutton: Putting the finishing touches on a career in banking
When Tom Dutton retired in February, a little bit of Cornelius’ financial history will retire with him. The long-time banker, who will be 73 in June, got into the world of finance large and small back in 1966, when Cornelius was a burg, the lake was new and doctors were few and far between. Dutton, […]
New insurance office
A company called policyline insurance plans to open in 1,522 square feet of space at 18809 W. Catawba. The independent insurance agency’s main office is in Statesville. Policyline has a total of 10 employees.
Hard-aground: Million-dollar yacht to be refloated today
March 16. Re-floating a 50-foot Marquis powerboat that ran hard aground on Lake Norman will be one of the most expensive salvage operations in lake history. The sleek yacht is also one of the most expensive on the lake, priced at more than $1 million when new. UPDATE: Powerboat to be refloated on St. Patricks […]
