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NASCAR hall turns 1 next month but faces deficit and disappointing attendance

Charlotte is just weeks away from celebrating the NASCAR Hall of Fame’s first birthday May 11. But it remains to be seen whether the more than $190 million project is being hamstrung by the recession or is one of the ...

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Lancaster County struggles with growing pains, unemployment (access required)

Like many Carolinian communities, Lancaster County has struggled thanks to a vanishing textile industry. When the Springs Industries textile mill moved to Brazil 14 months ago, taking its 3,500 manufacturing jobs with it, it was a huge blow, contributing to ...

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Rivalry with Raleigh intensifies as capital city cashes in on banking (access required)

Searching for a place to build a technology-development center in 2009, Deutsche Bank AG considered various cities, including Charlotte, Raleigh and Maryland. Unfortunately for Charlotte, the Germany-based investment bank picked Cary, a town just outside Raleigh in Wake County. In ...

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Blueprint for bad blood (access required)

At a March 21 public hearing in Charlotte on regulations thought to be hurting North Carolina businesses, Sen. Daniel Clodfelter wasn’t content with just listening. Clodfelter, a Democrat from Charlotte, was among seven state lawmakers on the North Carolina Joint ...

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Reeling from the reval (access required)

Alec Polites said it’s like hitting a man when he’s down. Having slashed rents to hang on to tenants in his struggling shopping center on East Independence Boulevard, he couldn’t believe his eyes when he received his 2011 revaluation from Mecklenburg ...

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Hotel projects boosting area’s room inventory, but financing still tough (access required)

After a sluggish couple of years, the Charlotte-area hotel sector is starting to show signs of life. New projects are either in the works or have been completed recently, such as a 125-room Hampton Inn and Suites in Huntersville that ...

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Apartment construction wave on the horizon for Charlotte, report says (access required)

John Porter thinks he hit the jackpot with the site for his Longview apartment project on Reames Road in Charlotte. Porter, senior vice president and partner at Charlotte-based Charter Properties, said the site for the 264-unit development is an epicenter ...

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