Business
Outdoor design retailer opens in Shops on the Green
By Dave Vieser. Fun Outdoor Living, which sells hot tubs, outdoor kitchens, stone patios and many similar items, has expanded to the old Observer Building in the Shops on the Green in Cornelius. It’s their third store within the Charlotte area, and owner John Difiore, a Brooklyn, N.Y., native, says Cornelius is the perfect spot for […]
MWR calls it quits after Homestead Race Nov. 23; employees get 8 weeks pay
Sept. 3. By Dave Yochum. It looks like employees at Michael Waltrip Raceworld will get eight weeks in severance pay as investor Rob Kaufman parts ways with what has been a mainstay of the Cornelius economy for a decade. The company, which is basically fulfilling all its contractual obligations through the end of the year, will […]
Both lanes of W. Catawba are open
Aug. 25. UPDATE NOON TUESDAY. Town officials said they once again had “no idea” road construction crews at the new Dunkin’ Donuts would be back at it again Monday on West Catawba opposite Griffin Bros. Tire & Auto. West Catawba was down to one lane of traffic, with cars backed up as far as Sam […]
New industry brewing in Cornelius
When Bottled & Tapped opens in Cornelius in the next few weeks, owner Dan Johnson will be fulfilling part of a dream. His new craft beer and bottle shop gets him a step closer to some day opening a micro-brewery. “We like Cornelius in general because of the proximity to the lake. This shop is […]
Michael Waltrip Raceworld running out of gas
Aug. 19. By Dave Yochum. It looks more and more like Michael Waltrip Raceworld, one of the cornerstones of motorsports and sports tourism in Cornelius, is going away. Waltrip himself said it was a “great run that we’ve had,” fielding teams in the old Winston Cup Series dating back to 2002. He began his race team […]
Southwire buys ABB plant in Huntersville
Aug. 3. Georgia-based Southwire Co. has completed the purchase of ABB’s high-voltage and extra high-voltage underground transmission cable manufacturing plant in Huntersville. The purchase price was not disclosed. ABB’s 240,000-square-foot plant in Commerce Station Business Park opened three years ago just south of downtown Huntersville. The $90 million, high-voltage cable plant includes a 430-foot tower […]
Town Board meeting TONIGHT!
Aug. 3. The Cornelius Town Board meeting tonight includes consideration of a contract for the design and construction of a $9.2 million roundabout at the intersection of Highway 21 and Catawba Avenue. The NCDOT will manage the roundabout’s design/engineering, right of way acquisition, and construction. Cornelius will contribute $502,000 towards the total project cost. The two-lane roundabout […]
New stores coming near Harris Teeter in Jetton Cove
July 31. No, the Jetton Cove Harris Teeter is not expanding. The owner of the site just to the right of the existing supermarket, Jetton Village 1672 LP-Kimco Realty, is adding about 3,000 square feet of retail space. No word yet on who will move in, according to Kimco’s Southeast Region Director Paul Puma. “We’ve been […]
Statewide tennis tourney nets $566,820
More than 600 junior tennis players competing in the 2015 state Championships helped generate $566,820 in total receipts, according to Visit Lake Norman, which landed the two-year contract. The United States Tennis Association will hold the tournament again next year in Lake Norman, benefiting area hotels and eateries. Four official hotels were used for the […]
Aquesta plans stock repurchase
July 24. Aquesta Financial Holdings has announced it will buy back up to $500,000 of Aquesta Common Shares (AQFH) on the open market. Stock in the Cornelius-based financial institution is thinly traded and trades below book value. At the same time, Aquesta appears to be more aggressive about its plans to grow in Charlotte. “We […]
