Business
Aquesta posts 15% first quarter gain
April 21. Aquesta Financial Holdings reported operating income for the first quarter of 2015 rose 15 percent to $501,000 compared to $428,000 for the first quarter of 2014. Total assets decreased slightly to $263.1 million at March 31, compared to $263.6 million at year-end. During that same period total loans grew to $173.9 million compared to $172.2 […]
$500,000+ Homes Planned for vacant land near Harris Teeter
By Dave Vieser. Simonini Homes will build 22 houses with a starting price in the mid $500,000s on the vacant 5.6 acre parcel behind the Jetton Cove Harris Teeter. Specific plans for the prime parcel were outlined Tuesday night at Cornelius Town Hall. As community meetings go, this one was quite congenial. The developer is Best Equity Ventures Organization V. The proper name […]
Aquesta expanding into SouthPark
March 31. Aquesta Bank has purchased a branch location of troubled CertusBank in the Southpark area of Charlotte. The branch, in the Sharon Station Office Park across from the main entrance of SouthPark Mall, will be a “flagship branch,” according to CEO Jim Engel. “For our current customers, we believe this location will greatly enhance […]
Harvey’s will close in Cornelius
March 18. It looks like Harvey’s in Cornelius will close after several years on Liverpool Parkway near the Post Office. Co-owner Charlie Dyer could not be reached for comment, but a manager on site said tonight would be their last night. Harvey’s was recently the site of charitable events including the annual Kiwanis Breakfast and […]
Commissioner Jim Puckett: Work together on economy
By Dave Vieser. North Mecklenburg County Commissioner Jim Puckett says that the towns in North Mecklenburg and the Golden Crescent must work together in order to “fully demonstrate the economic power that we possess.” Puckett made his comments before a crowd of more than 50 people who braved record cold temperatures to attend the Feb. 19 […]
Jimmy John’s is coming to Cornelius
March 9. In addition to banks, Cornelius is becoming the place to be for food. While work is under way at the new Penn Station Sandwiches on West Catawba Avenue, Jimmy John’s says it will open two blocks to the north, next to the Tropicana. In another win for local economic development, the 2,300 square foot eat-in/take-out […]
Visit Lake Norman announces Hospitality Award winners
March 9. Visit Lake Norman held its 2nd annual “Making Waves” hospitality awards luncheon to honor workers in the Cornelius, Davidson and Huntersville hotel industry. The 2014 award winners are Vanessa Burris, Housekeeper with the Davidson Village Inn (Outshines from the Front Lines), Laurine Desantis, Guest Service Representative with the Comfort Inn & Suites in […]
Q&A with Susan Tillis is Thursday at Peninsula Club
Susan Tillis, the wife of U.S. Sen. Thom Tillis and a political force in her own right, will speak at Cornelius Today’s Newsmakers Breakfast Thursday March 12 at The Peninsula Club. She proved to be a formidable statewide campaigner in the 2014 elections which saw her husband, a former Cornelius Town Commissioner, defeat an incumbent, […]
Porches & Yards bankruptcy auction begins Feb. 18
Feb 18. The contents of Porches & Yards, the outdoor furniture store in The Shops at Fresh Market, began life as an online retailer and will end online as well. The contents of the store will be sold off through an online bankruptcy auction from Feb. 18 to Feb. 25. The current corporation was formed in 2002, but […]
Private real estate investment firm announces $20 million acquisition
Feb. 5. NorthState Capital Partners led an investment group in the acquisition of a three-property student housing apartment portfolio totaling 336 beds. The properties serve students of Appalachian State University and include Highland Crossing, a 204-bed apartment community, Greenway Commons consisting of 84 beds, and Greenway Cove with 48 beds. The combined apartment units are […]
