News

Development & Infrastructure

Heatherwood pays $27.5 million for Charlotte South End site

CHARLOTTE — Heatherwood paid $27.5 million for 2.5 acres at 100 and 128 E. Park Ave. in South End, marking its second Charlotte acquisition.

September 24, 2026

Government & Business

UNC panel backs $1.25 million for Lineberger expansion planning

A UNC-Chapel Hill committee backed a $1.25 million planning increase for the Lineberger expansion, bringing advance-planning authority to $2 million.

September 23, 2026

Companies & People

Hornets add over-the-air TV in eight Carolinas markets

CHARLOTTE — Agreements with Gray Media and Sinclair extend Hornets broadcasts beyond Charlotte to eight N.C. and S.C. markets.

September 23, 2026

Companies & People

H3Pelvic wins $2.2 million NIH grant for commercialization

WINSTON-SALEM — The Phase II award gives the medical-device startup funding for early commercialization and user protocols for its investigational pelvic-pain system.

September 23, 2026

Government & Business

Gaston County approves incentives for 150-job Project Legacy

GASTONIA — Gaston County approved its highest-level incentive for Project Legacy, a prospect considering $70 million to $75 million and at least 150 jobs.

September 23, 2026

Companies & People

Hurricanes land Spectrum carriage for team-owned TV network

RALEIGH — The Hurricanes secured a multi-year Spectrum agreement, giving the team-owned network broad regional cable distribution.

September 23, 2026

Companies & People

Ramona Optics raises $25 million to expand Durham operation

DURHAM — Ramona Optics raised $25 million to scale sales and engineering as the microscope maker moves into a larger downtown office.

September 23, 2026

Economy & Workforce

Charlotte deposits fall $44.6 billion as Wells Fargo drops 27%

CHARLOTTE — Bank deposits booked to Charlotte-area branches fell $44.6 billion in the year ended June 30, with Wells Fargo’s local total dropping 27%.

September 23, 2026

Companies & People

Blum plans $82 million Lincoln County expansion, 20 jobs

STANLEY — Blum plans an $82 million expansion of its Lincoln County furniture-hardware operation, adding 20 jobs and a 67,000-square-foot showroom and office building.

September 23, 2026

Government & Business

Rowan County approves incentives for 280-job Project Tribe

SALISBURY - Rowan County commissioners approved a five-year performance grant for Project Tribe, a confidential manufacturer considering a 280-job, roughly $63 million operation in the county.

September 23, 2026

Development & Infrastructure

New Bern airport wins $750,000 grant to pursue Dulles service

NEW BERN — Coastal Carolina Regional Airport won a $750,000 federal grant to pursue daily Washington Dulles service, though no route is yet guaranteed.

September 23, 2026

Development & Infrastructure

NC conditionally approves 42 more beds for UNC’s $1B Durham hospital

DURHAM — North Carolina regulators conditionally approved 42 more acute-care beds for UNC Health’s planned southern Durham hospital, lifting the campus to as many as 144 beds and…

September 23, 2026