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Economic Development

This tag is associated with 20 posts
Bill, Ericka Cain

Financial Independence Group will build $22.3 million campus in Cornelius

April 5. Financial Independence Group will build a state-of-the art corporate campus on a five-acre site on Westmoreland Road. The new $22.3 million campus will be home to Financial Independence Group (FIG) and three of its affiliate companies: Alphastar Capital Management, Barnabas Capital, and Independent Property and Casualty Group. The project will result in the […]

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Cain Center for the Arts lands $2.5 million from NC budget

Dec. 1. [Update Dec. 2] By Dave Yochum. A $2.5 million allocation from the State of North Carolina for the Cain Center for the Arts—under construction right now in downtown Cornelius—brings the community gathering place and economic development engine closer to being fully funded. NC Rep. John Bradford was instrumental in getting the allocation in […]


Business incubator, First Turn Innovations, ready to roll in Cornelius

Sept. 21. The owner of one of the largest employers in Cornelius is opening a business incubator in about 5,000 square feet of space on Treynorth Drive. Champion Tire CEO Kevin Mahl says First Turn Innovations will provide space for aspiring entrepreneurs to bring their ideas to life through access to industry-specific development resources and […]

HomeTrust plans to open later this year

There are more than 1.35 billion reasons for a new bank in Cornelius

Aug. 24. By Dave Yochum. When HomeTrust Bank opens on West Catawba at One Norman later this year, it will join more than a dozen banks dividing up more than $1.35 billion of deposits in Cornelius. And those are 2020 data, as as per the Federal Deposit Insurance Corp. HomeTrust’s new branch, at almost 10,000 […]

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Atrium office building gets Town Board OK

Aug. 17. By Dave Vieser. The Cornelius Town Board unanimously approved the rezoning which will permit Atrium Health to build a two-story, 25,000 square foot medical office building on the west side of Hwy. 21 at the future intersection of a new Bailey Road extension. The building will occupy approximately 6.5 acres of a 97-acre […]

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Atrium office project comes before Town Board Monday

Aug. 16. By Dave Vieser. Plans for a new medical complex in Cornelius will likely take a step forward at tonight’s Town Board meeting. The proposal by the Charlotte-Mecklenburg Hospital Authority—also known as Atrium—to construct a two-story, 25,000 square foot building on Hwy. 21 for professional and general office uses will be considered for final […]

Proposed Sefton Park development outlined in red

Planning Board OKs plans for hotel-conference center and apartments

Aug. 12. By Dave Vieser. The Cornelius Planning Board has unanimously recommended approval of a major new mixed-use project with 344 apartment units and a 113-room hotel and conference center on 10 acres of vacant property on Sefton Park Road opposite the CATS transit station. South Carolina-based Shaw Resources also plans 7,800 square feet of […]

Cain Center

Demolition under way at Cain Center site

May 25. By Dave Yochum. Those crashing sounds you might hear downtown are Griffin Brothers Cos. demolishing the concrete foundations at the future site of the Cain Center for the Arts. The 30,000 square foot structure will include a 400-seat theater, two visual arts classrooms, a dance studio and conference room, a two-story lobby, Gallery […]


Davidson lands award from Centralina Regional Council for business help during COVID

May 17. The Centralina Regional Council has awarded Town of Davidson one of three COVID-19 Resiliency Awards for its support of local businesses during the pandemic. COVID-19 upended businesses everywhere, but Davidson officials did more than take selfies at eateries and pubs. With funding and support from the mayor and Board of Commissioners, the town […]


Five-story project planned in downtown Cornelius

April 28. By Dave Vieser. A five-story building has been proposed for the area north and west of the Hickory Street/South Main intersection according to Cornelius town officials. To be known as the Venue at South Main, it will include 70 residential units along with approximately 6,000 square feet dedicated to commercial use. Parking is […]