Cornelius News
Town Board OKs Cambridge Square project on W. Catawba
Nov. 6. By Dave Vieser. The Cornelius Town Board unanimously approved a rezoning measure which will permit developer David Smith and Landworks Design Group of Charlotte to erect 20 upscale homes on 7.6 acres between West Catawba and Nantz Road. The development, which will also include two commercial buildings, will be called Cambridge Square. The […]
It’s Election Day: Vote!
Nov. 6. 7AM. It’s rainy and foggy in Cornelius right now and a perfect day to vote for the candidates and ballot measures. Polls opened at 6:30 am, and will stay open until 7:30 tonight. It’s the last day you can cast your ballot in this election after almost three weeks of early voting. No […]
Aquesta reports lower net as portfolio of loans increases
Aquesta Financial Holdings, the parent company of Aquesta Bank, reports third-quarter net income fell from $757,000 (19 cents per share) last year to $702,000 (17 cents per share) for the three months ended Sept. 30. Jim Engel, CEO, said loan and deposit growth were good, despite the fact that earnings were muted due to larger […]
NC House candidates discuss goals and priorities
Christy Clark, Democrat I-77 Tolls: Work alongside Gov. Cooper and the NCDOT to develop real solutions to I-77. Toll roads are one tool that could help pay for highways. But the I-77 toll lane is a case study in what not to do. It’s not just about a high toll fee or a 50-year contract. […]
Antiquity Woods project withdrawn from re-zoning process
Nov. 5. By Dave Vieser. Plans for Antiquity Woods, a 99-unit housing development on the edge of Davidson—but inside Cornelius—have been withdrawn even though the developer has paid thousands of dollars in fees to extend the application at Town Hall. Charlotte-based Meeting Street Cos. paid a total of $7,500 to the town in application and […]
Here’s a roadmap to transportation bonds
By Dave Vieser. The Town of Cornelius has a $24 million bond referendum for transportation improvements on the ballot. It will help fund seven large-scale NCDOT projects worth $112 million. In other words, every town dollar will generate almost $4 from NCDOT for major road projects. The Lake Norman Chamber has endorsed the bonds, as […]
Home prices still on the rise in and around North Meck
Only in Cornelius: An empty lot on Bethelwood Lane is for sale at—brace yourself—$1.65 million. It’s lakefront, of course, and it’s two-thirds of an acre. It’s also one indication residential real estate prices remain strong, although it looks like the rate of price gains is slowing down. Measured from their peak in 2006-2007, home prices […]
Economic outlook at Newsmakers Breakfast Nov. 15
Charles Dougherty, a top economist with Wells Fargo Securities, will provide an Economic Outlook at the Newsmakers Breakfast Nov. 15 at The Peninsula Club. Dougherty is a recognized expert in the commercial real estate, housing and construction sectors of the nationa, regional and macro economy. He regularly writes indicator reports, produces special commentary, and has […]
Hydrilla is a growing problem in parts of the lake
It’s a jungle under there. And the natives are getting restless. In this case, the jungle is the mat of hydrilla rapidly spreading in Cornelius coves, particularly around Ramsey Creek. The natives are homeowners and boaters who find their docks and rudders engulfed by the non-native vegetation. According to a report from Charlotte Water, hydrilla […]
Heavy turnout for early voting at Cornelius Town Hall
Oct. 29. Cornelius Town Hall is one of the busiest spots for one stop/early voting this year in Mecklenburg County, according to statistics from the Board of Elections. As of Friday October 25, a total of 6,638 ballots had been cast at Town Hall, surpassed only by the Morrison and South County Regional libraries, […]
