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 [...]
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 August 2009, Deutsche Bank said the project would result in a $6.7 million investment and [...]
In many people’s minds, Charlotte is still Banktown. So says a survey conducted as a starting point for a public relations campaign launched this year by the Charlotte Chamber of Commerce, Charlotte Center City Partners and Charlotte Regional Partnership to encourage positive press about the city. The 61 site selectors — consultants who help a [...]
While the seeds were already planted, the recession and the tremors it sent through the financial sector helped pave the way for new industries in Charlotte. Although the city is still known as a banking capital, some expect those new industries — energy, foreign investments, biotechnology and small and minority-owned businesses — to substantially change [...]