Economic Development
Lake Norman EDC ‘strategic pause’ is permanent
March 6. By Dave Yochum. Plans to “comprehensively reimagine” the Lake Norman Economic Development business recruitment agency have resulted in the two decades old organization’s demise. Sources say the North Mecklenburg towns of Cornelius, Davidson and Huntersville will not budget funds in the upcoming FY 2025-26 budget for the non-profit business development agency headquartered in […]
‘State of the Town’ address Feb. 11
Feb. 6. US Rep. Alma S. Adams, PhD, said the state of the 12th Congressional District is strong during her annual State of the District Address. She took questions from constituents during a Q&A at the Goodwill Opportunity Campus in Charlotte. Cornelius Mayor Woody Washam will host a “State of the Town” at 6:30 pm […]
Atrium Health Lake Norman began life as a $153 million project. Now it’s valued at $250 million
NEWSMAKERS BREAKFAST | By Erica Batten April 17. “This is going to be a lot more than a hospital. It’s going to be a healthcare campus,” said Bill Leonard, the facility executive for Atrium Health University City, who joined Cornelius Today and Business Today for a Newsmakers Breakfast to discuss the rapidly developing hospital site […]
Last call: RSVP for Newsmakers Breakfast on new hospital in Cornelius
March 8. The Newsmakers Breakfast March 12 at The Peninsula Club will feature Bill Leonard, the executive behind the new Atrium hospital that is coming to the former Augustalee site in Cornelius. The hospital, originally valued at $153 million, now represents a “significantly larger” investment in the community, Leonard said. Leonard will take questions directly […]
Fast-growth logistics firm plans HQ, innovation hub in Cornelius
Feb. 15. By Dave Yochum. A fast-growing Huntersville company has plans for a 70,000 square foot headquarters, innovation hub and warehouse complex on Chartown Drive just south of the new Lake Norman Chrysler Dodge Jeep dealership and Life Fellowship Church. Registix, according to its website, specializes in reverse logistics, the process that manages the return […]
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 […]
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 […]
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 […]
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 […]
