Steele Creek in southwest Charlotte is home to the largest industrial corridor in the Carolinas. This warehousing and manufacturing powerhouse has more than 20 million square feet of industrial space. It is the workplace of more than 44,000 employees. Easy access to rail and air transportation and Interstates 485, 85 and 77 has been like [...]
A city program that is supposed to provide funding to developers in order to help turn around distressed and forgotten-about areas has itself become neglected. It might seem odd considering that it’s not easy today for developers to get project financing, but city officials say there’s little demand for the Business Corridor Revitalization Program, which [...]
You have to spend money to make money. Such seems to be the logic behind the Business Investment Program, in which Mecklenburg County, usually in conjunction with the city of Charlotte, awards grants to businesses building new facilities in the county. The grants function like a tax rebate. The company signs a contract agreeing to [...]
From expanding facilities, mergers and acquisitions and the creation of new jobs, there’s been a spate of business announcements in Charlotte recently. Some say the announcements indicate that the region’s business climate is improving, but they are hesitant to say when Charlotte will emerge from the recession. “Charlotte is hitting the radar of a lot [...]
Casey Hickey thought that once the representative from the city of Charlotte’s zoning department came out to her shop, where she and her husband sold wine and chocolates, they could get their business license from Mecklenburg County. That’s what staff at the county offices had told her, anyway. But when the zoning representative got there, [...]
In June 2009, Mecklenburg County and the city of Charlotte were allocated $57.8 million in federal bond money to help businesses fund capital projects and jump-start the local economy. Despite the availability of that funding – Recovery Zone Facility Bonds, provided through the federal stimulus plan – only two businesses have applied for the county’s [...]
