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Ryland Homes acquires 32 sites (access required)

By Mecklenburg Times staff reports
Published: August 22,2011

Ryland Homes last week said it has acquired 32 new home sites in two neighborhoods at The Palisades, a master-planned community off Highway 49 in southwest Charlotte on the shore of Lake Wylie. Beth Payan of Larry Vershel Communications said Calabasas, Calif.-based Ryland plans to build new single-family homes from $230,000 to $240,000 apiece. Payan did not know [...]


Austin, Charlotte vie for tech jobs (access required)

By Sam Boykin, staff writer
Published: July 26,2011

Charlotte’s next big competitor for skilled workers might be coming from deep in the heart of Texas. When it comes to cities economic developers here are paying attention to, Austin, more than 1,100 miles away, is on the list as the Queen City tries to lure skilled workers. But going head to head with Austin [...]


McGuireWoods beefs up department

By Mecklenburg Times staff reports
Published: July 22,2011

McGuireWoods said it has added four partners to its debt-finance practice group in Charlotte. The law firm said Eric Burk, Jim Hedrick, David Lapp and Kent Walker, from the Charlotte office of Winston & Strawn LLP, will represent clients in a variety of syndicated finance and corporate lending matters. The company has also announced that [...]


Duke Energy Corp. to build second Kansas wind farm

By Mecklenburg Times staff reports
Published: July 6,2011

Duke Energy Corp. today said it plans to build another wind farm in Kansas. Duke Energy Renewables, a commercial business unit of Charlotte-based Duke, will build, own and operate the 131-megawatt Cimarron II Windpower Project in Gray County, approximately 200 miles west of Wichita. Duke said it purchased the project from Silver Spring, Md.-based CPV Renewable [...]


Duke Energy asks to raise rates

By Mecklenburg Times staff reports
Published: July 1,2011

Duke Energy Carolinas today said it has requested approval from the North Carolina Utilities Commission to increase electric rates. When factoring in the company’s residential and commercial customers, it would mean an increase of about 15 percent. The Charlotte-based company said it wants to increase rates by approximately $646 million, adding that the need to pay [...]


Duke Energy extends sponsorship of Blumenthal’s Broadway Lights series for 2 seasons

By Mecklenburg Times staff reports
Published: June 28,2011

Duke Energy Corp. said it will remain the title sponsor of Blumenthal Performing Arts Center’s Broadway Lights series for the 2011-12 and 2012-13 seasons. “The Broadway Lights series brings world-class programming to our community and is a prime example of how cultural arts enriches and shapes the economic development and growth of our region,” said [...]


Duke Energy increases dividend

By Mecklenburg Times staff reports
Published: June 22,2011

Duke Energy Corp. said it will pay a quarterly cash dividend on its common stock of 25 cents a share, an increase of half a cent over the previous dividend. The dividend is payable Sept. 16 to shareholders of record at the close of business Aug. 12.


Unhappy trails (access required)

By Rhiannon Bowman, contributing writer
Published: June 21,2011

In 2002, Mount Holly citizens began meeting to work on ways to revitalize their downtown district. Lee Beatty, a family physician and a community leader, said people were wondering how to connect the town to the Catawba River, which is less than four-tenths of a mile from downtown Mount Holly. “There’s hardly any town that [...]


ReVenture will no longer burn county trash. Opinions differ on whether that’s a good thing (access required)

By Scott Baughman
Published: June 14,2011

ReVenture Park’s plan to burn Mecklenburg County’s trash to produce electricity has gone up in flames. In a city that’s trying to diversify its economy from one focused mostly on banking, the loss of a project that would have generated energy in a new way could be seen as setback. To some, it is. To [...]


Duke Energy, American Electric Power to develop $275M transmission project

By Mecklenburg Times staff reports
Published: June 2,2011

Duke Energy Corp. said today that it plans to work with American Electric Power to develop a $275 million, 55-mile, extra-high-voltage transmission project with the Tennessee Valley Authority in Indiana and Kentucky. Duke and AEP have formed a joint venture, Pioneer Transmission, that plans to build a 765-kilovolt transmission line connecting AEP’s Rockport Station east of Evansville, Ind., with TVA’s Paradise [...]