Kannapolis officials held a “virtual groundbreaking” at the North Carolina Research Campus a week ago today to promote the second phase of a statewide project to bring broadband access to rural areas, including some in the Charlotte area. The $105 million project, funded with $75 million from the federal stimulus program, includes the installation of 1,650 miles of [...]
When Doug Ehmann, president of Charlotte-based DPE Investments, bought about 100 acres in 2006 along the banks of Lake Fisher in northern Cabarrus County, he envisioned a high-end mixed-use development with condos, townhomes, offices, shops and hotels. Ehmann figured his development would benefit from being next to the lake, which sits on the border of [...]
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 [...]
North Carolina State University said it plans to up its faculty by two at the North Carolina Research Campus in Kannopolis. The scientists, Slavko Komarnytsky and Xu “Sirius” Li, will work in the Plants for Human Health Institute. They will research how fruits and vegetables enhance human health and work to breed healthier varieties of fresh produce, [...]
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 [...]
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 [...]