CHARLOTTE — Work is expected to begin late this year on adding toll lanes on Interstate 77 through Charlotte. The North Carolina Department of Transportation says the project will widen 26 miles of one of the most congested highways in the state. Cintra ...Read More »
RICHMOND, Va. — The owner of the nation’s biggest tobacco company, Philip Morris USA, has sold a Concord cigarette plant it idled in 2009. Richmond, Va.-based Altria Group Inc. said Monday that the property in Cabarrus County was sold last ...Read More »
Crescent Communities, a locally based developer, has hired Tommy Tucker as vice president to lead to company’s residential team in Austin, Texas, according to a release from the company. Under Tucker, Crescent will look to develop a 500-acre residential project ...Read More »
Movement Mortgage of Charlotte was named 2013’s top lender by the N.C. Housing Finance Agency. The mortgage company was responsible for originating $28 million in loans for the housing agency’s Home Advantage mortgage program. The N.C. Home Advantage program helps ...Read More »
Gains in Charlotte construction employment accounted for more than 75 percent of all the growth in the state’s construction employment between February 2013 and this February, according to a release from the Associated General Contractors of America. During that period, ...
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Foreclosure activity for the Charlotte-Gastonia-Concord metropolitan statistical area spiked by 22.24 percent in March from the previous month, but was still 14.50 percent lower than the same time last year, according to data from RealtyTrac’s Foreclosure Market Report. The increase ...Read More »
The Charlotte-Gastonia-Rock Hill metro area’s unemployment rate fell to 6.4 percent in February, down from 6.9 percent the previous month. according to the N.C. Department of Commerce. The metro area showed a gain of 1,900 jobs for the month, second ...Read More »