With the help of a $50,000 state grant, an Iredell County manufacturer plans to add 37 jobs and invest $6.4 million as part of an expansion project. BestSweet, a manufacturer of consumer health care and confectionery products, will make the investment ...Read More »
Concord-based Speedway Motorsports, which owns Charlotte Motor Speedway, today declared a quarterly cash dividend of 10 cents per share of its common stock. The dividend will be payable Sept. 9 to shareholders of record by the close of business Aug. ...Read More »
The Charlotte Area Transit System is getting an $847,417 boost from the North Carolina Department of Transportation. The department’s board of transportation has OK’d the funding to improve public transportation in the Charlotte area. Funding is coming from three programs ...Read More »
A public-private partnership that would bring more parking and other improvements to the West Trade Street corridor is one step closer to becoming reality. On Monday, the Charlotte City Council’s economic development committee recommended to the full council that it ...Read More »
A Concord developer has come to a compromise with the Charlotte-Mecklenburg Planning Department regarding the design of garages. Robert Burkett, president of J&B Development & Management, plans to build up to 73 single-family homes in Park South Station, a townhome ...
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Charlotte-based Duke Energy Carolinas is considering having a minority interest in Santee Cooper’s 45 percent ownership of planned nuclear reactors at V.C. Summer Nuclear Generating Station in South Carolina. Duke has told the Public Service Commission of South Carolina that ...Read More »
The Charlotte Regional Visitors Authority announced today that it has three new board members. Chuck Allen is the Charlotte-based managing director of government and community relations for US Airways. Will Miller, who helped Charlotte with its bid for the 2012 Democratic ...Read More »
Three universities are no longer the owners of Park Road Shopping Center, the first open-air shopping center in Charlotte. Columbia, S.C.-based shopping center owner and developer Edens & Avant said today that it bought PRSC from Wake Forest University, Queens ...
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There are new rules for how high structures can be built in Charlotte’s residential districts. On Monday, the City Council OK’d the following: • In areas zoned for single-family (zonings R-3 and R-4) and multifamily (R-8MF and R-12MF), the maximum ...Read More »