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More expansion on tap for Nucor: Charlotte steelmaker eyes 40% jump in capital spending next year

Nucor Corp.’s aggressive expansion over the last few years will continue into 2019, with the Charlotte-based steel company eying a record $1.4 billion in capital spending next year. Chief Financial …
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Mediterranean restaurant sets Park Road debut

This fast-casual Mediterranean restaurant will open later this month in the Park Road Shopping Center. Cava says that 2,740-square-foot location will open its doors on Oct. 31 — though a community d…
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Newly delivered multifamily properties in Charlotte fetch big returns in trades

Investors appear to still feel good about Charlotte apartments — properties that delivered a year or two ago, both close to the central business district as well as out in the suburbs, have fetched h…
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Inside this NoDa brewery’s plans for a modern-day clubhouse

NoDa’s newest brewery expects to open in early 2019. That venture — called Protagonist Clubhouse ­— will occupy 1,700 square feet in the former NoDa Grocery space.  That’s part of Fat City Lofts, a…
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How these European entrepreneurs are plugging into Charlotte's startup ecosystem

Seven European entrepreneurs paid a visit to the Queen City this week as part of the U.S. Department of State’s 2018 Young Transatlantic Innovative Leaders Initiative.
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Carowinds expansion, including new roller coaster and ride, making headway

Construction on Carowinds’ largest expansion to date is coming along fine, thank you, theme park executives say. Plus, the popular Phantom Flyers ride, which premiered at the amusement park in 2005 …
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Four Charlotte-area attractions, accommodations nab travel industry honors

Four Charlotte-area attractions and accommodations have cracked TripSavvy’s inaugural Editors’ Choice Awards. Those awards recognize restaurants, hotels and tourist destinations around the world for…
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Nucor posts strong quarter despite impairment charge

Nucor Corp. reports earnings of $676.7 million, or $2.13 per diluted share, for the third quarter after taking a $110 million impairment charge to write down the value of natural gas assets it owns. …
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Mortgage market shift hits home for these Charlotte companies

Charlotte-area companies like Movement Mortgage, RoundPoint Mortgage Servicing Corp. and LendingTree Inc. have celebrated surging growth fueled by cheap credit and the national housing boom over the …
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Capital Bank moves Charlotte executives to SouthPark office

Capital Bank is moving its executive team in Charlotte to new offices at Two Piedmont Town Center in SouthPark. Capital will lease an extra 23,175 square feet on the fourth floor along with the spac…
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Judge rules on restraining order in case involving BCBSNC, specialty pharmacy

A federal judge has sided with Blue Cross and Blue Shield of North Carolina, striking down – at least for now – an attempt by a specialty pharmacy that would have prevented the insurance giant from b…
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HFF announces sale of Venable Center in Durham 

HFF announces the sale of Venable Center, an 87,416-square-foot, three-building creative office/R&D complex in Durham, North Carolina. The HFF team represented the seller, FCPSM, and procured the buy…
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Raising a ‘Fair’ credit score to ‘Very Good’ could save over $45,000 

LendingTree, the nation’s leading online loan marketplace, has released a study on the impact of raising a ‘fair’ credit score to ‘very good’ that found consumers could save over $45,000. LendingTree…
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Regulators' approval clears way for construction of NC biogas plant

N.C. regulators have approved Piedmont Natural Gas’ agreement to allow Optima BioEnergy to connect a proposed swine-waste biogas plant in the town of Tar Heel. The approval issued Monday by the N.C.…
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Inside plans for large athletic complex on Lake Wylie

Thanks to a land donation by Crescent Communities, York County is planning a large lakeside athletic complex at the Paddlers Cove community.
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