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Business

This category contains 215 posts

New insurance office

A company called policyline insurance plans to open in 1,522 square feet of space at 18809 W. Catawba. The independent insurance agency’s main office is in Statesville. Policyline has a total of 10 employees.

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Hard-aground: Million-dollar yacht to be refloated today

March 16. Re-floating a 50-foot Marquis powerboat that ran hard aground on Lake Norman will be one of the most expensive salvage operations in lake history. The sleek yacht is also one of the most expensive on the lake, priced at more than $1 million when new. UPDATE: Powerboat to be refloated on St. Patricks […]

Photo: Kurt Naas explains Cintra finances to a crowd of 150 at Cornelius Town Hall

Citizen Kurt: WidenI-77 organizer wows top politicians

March 10. By Dave Yochum. Speaking to a packed house—150 citizens and elected officials at Cornelius Town Hall—anti-toll leader Kurt Naas started by thanking people for attending a dry information session on Cintra finances, the bankruptcy in Texas and the pricing plan for tolls between Charlotte and Lake Norman. The one-hour presentation by the founder of WidenI-77.org was riveting. Elected […]

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New hotel a ‘game-changer’ for Cornelius

March 10. By Dave Vieser. A 14-story hotel and convention center planned for West Catawba Avenue and Waterview Drive in Cornelius has gotten an informal—but cautionary—thumbs-up from the chairman of the Cornelius Planning Board. “This would be a game-changing facility for this town,” said Planning Board Chairman Brian Simmons. “Though 14 stories would be a tough sell.” The proposed […]

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Developer sets course for Anchorage Marine

March 7. By Dave Vieser. A Chicago-based developer wants to transform the long-vacant Anchorage Marine building on Highway 21 at Westmoreland Road into a combination bar and eatery. Under the plans submitted by David Stockwell, of Emerging Concepts, the prime corner would become a home for live entertainment, a bar and food trucks. The property, […]

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Sen. Rubio opens campaign office in Cornelius

Republican presidential candidate Marco Rubio has opened a campaign office in the multi-color Lakeshore Marketplace on West Catawba, not far from the high-end lakefront communities that helped support Thom Tillis’ successful—and costly—campaign for the U.S. Senate. “Marco Rubio is running a campaign in all 50 states, and we are excited to continue bringing his optimistic […]

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Moody’s warned against Cintra finances in Texas in 2013

Mar. 3. By Dave Yochum. As expected, a long-troubled Cintra road project in Austin, Texas, has filed for bankruptcy protection because it is unable to make full payment on its senior debt. SH 130 Concession Co. said in its bankruptcy filing that “the lingering effects of the recession” contributed to the filing. The managed lanes […]

Huntersville’s new mayor speaking at Newsmakers Breakfast Feb. 25

John Aneralla, the new mayor of Huntersville, will be in the hot seat at the Business Today/Cornelius Today Newsmakers Breakfast Feb. 25 at The Peninsula Club. A former president of the Lake Norman Kiwanis, which meets Thursday for lunch at Brooklyn South, Aneralla ran against former Cornelius Mayor Jeff Tarte in the Senate District 41 […]

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Gun sales increase amid suggestions of restrictions

By Marty Price. Following the terrorist attack in California, President Obama addressed the country, calling for stricter gun control.  Those two events, along with targeted violence in the US, have led to a national increase in gun sales. According to the FBI, there were 2.3 million background checks—the most reliable measure of legal gun sales—in December […]

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Organizers plan Huntersville chamber

Feb. 16. Jill Swain, the former mayor of Huntersville, is the new executive director of Huntersville Connection, a 501c6 organization that voted today to transition to the Huntersville Chamber of Commerce. In addition to Swain, board members include Jeff Neely, a former Huntersville town commissioner, and Raquel Crespo, assistant general manager of the real estate […]