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Rooster’s Wood-Fired Kitchen eyes reopening in uptown after 2019 fire forced restaurant to shutter

Rooster’s Wood-Fired Kitchen expects to reopen in May — roughly 20 months after a three-alarm fire shuttered the restaurant. Hiring is ongoing for front- and back-of-house positions. Rooster’s is lo…
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Coke Consolidated opens $60M Indiana warehouse

The 400,000-square-foot warehouse employs 450 workers and will allow the Charlotte-based Coca-Cola bottler to distribute 20 million cases a year in central Indiana.
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Wood Partners pays $8.6M for land in Optimist Park to build apartment project

An Atlanta developer with a prolific portfolio in the Charlotte market has closed on real estate in Optimist Park.
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Bank of America looks to expand Leader on Loan program in new markets

Bank of America Corp. is looking to expand a program for bank executives to help accelerate work at local organizations.
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NorthState Development proposes 250-unit apartment project in Catawba County

On Monday, the Catawba County Board of Commissioners will hold a public hearing regarding a rezoning request that could bring hundreds of apartments to that area.
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BatteryXchange co-founder vies for $10K prize in Black Men Ventures pitch competition

BatteryXchange co-founder Desmond Wiggan is one of nine founders competing for $10,000 in a national pitch competition aimed to help Black men gain capital.
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?CBJ Morning Buzz: Midtown multifamily tower among projects on city's agenda; Pipeline company again underestimates gas spill in region

A quick look at what you need to know to start your day, from top news headlines to upcoming events.
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NEWSMAKER: He's got the Cannon Ballers on the right path

The Kannapolis Cannon Ballers are now slated to begin their inaugural season at the downtown ballpark on May 4. The team is allowing around 50% capacity for the opening game, which will be between 2,…
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Highwoods Properties to acquire two SouthPark office properties as part of $769M deal

Raleigh-based REIT Highwoods Properties will later this year acquire two office properties in Charlotte as part of a portfolio deal.
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Why NC restaurant franchisee's nearly $50M bankruptcy could be sign of more to come

A flood of business bankruptcies tied to the pandemic hasn't arrived, but experts think the rate could tick up this year.
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Wells Fargo loses head of human resources

The company could not immediately say how many senior leaders are still based in its headquarters city of San Francisco.
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Press Box Bar and Grille loses alcohol permit after multiple shootings

State officials suspended the Press Box Bar and Grille’s alcohol permit Friday. The move comes after multiple shootings at 9609 N. Tryon St. in north Charlotte, according to the North Carolina ABC Co…
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Legal opposition to Catawba Indian Nation casino project in Kings Mountain falls short in federal court, clearing path for the project

U.S. District Judge James Boasberg released his opinion Friday supporting the U.S. Department of the Interior's decision to place the casino site into a trust for the Catawba Indian Nation.
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North Carolina regulators reduce Duke Energy Progress rate hike to about 5.5%

North Carolina regulators have approved what is likely about a 5.5% rate hike for Duke Energy Progress, cutting the request for a 12.3%, $445.3 million increase to something around $300 million.
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Nonprofit alliance seeks $15 million from private sector for family justice center

Three local nonprofit organizations hope to raise $35 million from Charlotte companies and city and county government to build a family justice center that would open in 2023. The center would provid…
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