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Business Today NC

April 2018 Published monthly

YEARS Business Intelligence for the Golden Crescent: Lake Norman • Cabarrus • University City

NEWS INSIDE RESTAURANTS

Any way you slice it, the pizza business is growing. Page 2

@businesstodaync

Volume 17, Number 1 $1.50

Finding solutions to workforce housing crisis rank and file workers want to live in are getting pricier by the day. Then, too, median rent nationwide is accelerating at its fastest annual pace in 21 months, climbing 2.8 percent yearover-year to $1,445 in February, according to Zillow. All this is happening as the amount of undeveloped land continues to shrink, potentially squeezing out

BY ERICA BATTEN A “tidal wave” of rising home values is pricing housing out of reach for a wide range of ordinary people—everyone from musicians to teachers to firefighters. Case-Schiller says Charlotte singlefamily home prices rose 6 percent over the past year. Some neighborhoods are considerably higher, but the homes that

NETWORKING Small Business Network founder Jim Vogel rewires Page 3 leads groups.

AUTOMOTIVE

Source: Zillow

Jack and Robin Salzman hit the big Time thanks to philanthropy and business Page 4 practices.

REGIONALISM

the people who make the wheels of the local economy turn. “It’s hard to control the tidal wave of rising land values,” Andrew Grant, Cornelius’ asAHEARN sistant town manager said at a Business Today Newsmakers Breakfast in March. Site selection consultants say major employers eyeballing a community look at the workforce and the prospect of recruiting employees. Seattle and Denver have created public-private partnerships to provide low-cost loans for affordable housing near public transit. Chris Ahearn, the new executive director of Our Towns Habitat for Humanity, said building home equity fosters a sense of stability, and builds community. Officials in Charlotte, where rioting broke out after the Keith Lamont Scott shooting in 2016, say they missed an important opportunity to incorporate affordable housing into the South End. See Housing crisis page 18

Threats turn security into a growth industry

Columnist Cheryl Kane explains how to drive your sales with specific tips and Page 9 pointers.

Page 20

See Security page 19

RECORDS

Transactions Cabarrus 14 Mecklenburg 15 Mooresville 15 Foreclosures 4000 Channel Point Ln. Denver Cabarrus 16 is listed for $$2.575 million

Mecklenburg 16 Mooresville 16 Corporations Cabarrus 17 Mecklenburg 17 Mooresville 17

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lotte Motor Speedway will welcome more than 100,000 fans for the Coca-Cola 600 on May 27, and regularly holds events with tens of thousands of guests. The Charlotte Knights season starts in April, and that means an average of nearly 9,000 fans going through the turnstiles on

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places, is a major focal point. The security industry is worth some $350 billion a year and growing. The global city surveillance market is forecast to grow at an average annual rate of 14.6 percent from 2016 to 2021, according to IHS Markit. Some of the largest public gatherings in our area occur at sporting events. Char-

Business Today P.O. Box 2062 Cornelius, NC 28031

It had to end sometime, or did it? Mayor Aneralla went out on a limb. Page 8

BY DAVE FRIEDMAN One million students gathered in Washington, D.C., while many more worldwide participated in the March for our Lives protest against gun violence. Charlotte was one of 800 cities across the globe that took part, and for local officials, vigilance in security, particularly in public


Business Today

2 April 2018

Q

: I have bought property in other states, and my closing was not conducted by a real estate attorney. Why does North Carolina require that an attorney conduct a real estate closing?

Dynamics of brick and mortar play bigger role in restaurants

A

: Many aspects of real estate law are State specific. North Carolina has a somewhat unique system that involves a real estate attorney searching and opining on the state of the property’s title to an independent title insurance company or agency. The title insurance company then issues the title insurance commitment or policy, while the real estate attorney conducts the closing, handling of funds, and recording of the documents. A few advantages of the North Carolina JACKSON approved attorney system are: 1. Cost – Involvement of an attorney in the process keeps the overall cost of the transaction down 2. Legal Representation – Attorneys are able to provide legal advice during the closing process 3. Oversight of Attorneys - Attorneys are closely regulated by the State Bar and General Statutes, and most carry malpractice insurance. 4. Oversight of Attorney Trust Accounts - Attorneys’ trust accounts are regulated by both the State Bar and the North Carolina Good Funds Settlement Act These are just a sample of the many benefits to closing your real estate transaction with an approved real estate attorney.

Contact Patrick M. Jackson President, Master Title Agency 8640 University Executive Park Dr., Charlotte

704-348-2866 www.mastertitleagency.com

Mama’s Pizza Express owner Frank Manis.

The Papa Murphy’s pizza franchise in Magnolia Plaza in Cornelius has closed, the phone is disconnected and the storefront is locked up. The Tastebuds Popcorn next door is also closed, testament to the fact that the food franchise business requires a cast iron constitution no matter where you are. Business broker Joe Vagnone, who has helped buy and sell countless small businesses, including franchises, says in brick and mortar retail, now, “more than ever, location matters.” New franchise opportunities are risky, but he is OK VAGNONE with resale opportunities. Vagnone explains: “Value and risk can be calculated. New franchise opportunities are extremely risky because you just can not properly calculate the risk of a location.” Pizza Magazine—yes, there is a magazine devoted to this industry— says winners in the pizza race are those operators who embraced websites, social media, online ordering and delivery technology. “Many of the fastest-growing pizzerias also had the highest web rankings, illustrating that there’s a direct

correlation between a strong web presence and healthy sales,” the magazine says. Papa Murphy’s Cornelius web portal is still open, offering an extra-large sausage and pepperoni pizza special for only $8, not a lot of money when there’s rent to pay. Consumers are now spending as much money eating out as they do eating in. But the competition is brutal. The standalone Pizza Hut on West Catawba—right next to Bojangles— has moved to less expensive space in the Lakeshore Market Place. The old location at 20300 W. Catawba Ave. will be redeveloped. Frank Manis, owner of the successful Mama’s Pizza Express restaurants in Mooresville, Huntersville and Cornelius, said the key to their success is that “we try very hard at keeping our

product as consistent a possible, and try to add new and fresh ideas all the time.” A “family plan” extra large traditional cheese pizza, with baked ziti and a meatball sub runs $21.99. Chicken Francese served over penne pasta runs $10.99. “We realize that we needed to be more then just pizza and calzones. We try to bring the pizza restaurant with a full line of Italian food for the whole family, right to your home. The kids can have pizza and mom and dad can order everything from chicken wing to Chicken Francese,” he says. The AC Nielsen research company says eating out isn’t just for special occasions any more. “It’s a way of life for nearly half of global respondents—48 percent— who say they eat at restaurants or other out-of-home dining establishments weekly or more often,” AC Nielsen says. Consumers are cutting back on certain foods that are typically high in fat, sugar or sodium, but they're saving room for indulgences, particularly more healthful treats.

The sign on the door at the Papa Murphy’s location in Cornelius.

Their advice to food entrepreneurs: “Reasonable food prices and food quality are the two most important attributes when choosing a restaurant or out-of-home dining establishment.”

SCORE Scores big with 344 new jobs Charlotte SCORE mentors helped 300 new businesses get started in the Charlotte Region in 2017. According to the SCORE Foundation more than 80 SCORE mentors conducted 3,292 client engagements in 2017, an increase of 5 percent compared to 2016. SCORE says 344 non-owner jobs were created in 2017 with the help of Char-

lotte SCORE mentors who are active, retired or semi-retired business people. Certified Score mentors provide free confidential face-to-face, telephone and Skype or video counseling to small businesses and start-ups. To learn more about SCORE, visit www.charlotte.score.org or call 704-344-6576.


Business Today

April 2018

LKN Small Business Network is new model for leads groups BY DAVE YOCHUM If business owners start to meet, greet and network in a new way during the 2020s, chances are Jim Vogel will be leading the way. The founder of Lake Norman Small Business Network attracts 70 to 90 people at stand-up networking meetings every Wednesday morning in Cornelius. It all began as a Facebook page in August of 2014. Next thing you know there were 200 people on the page, “so we decided 10 percent might show up for a meeting,” Vogel recalls. The first non-virtual meeting of the Lake Norman Small Business Network was held around a table at Waterbean Coffee in Cornelius. There were eight people. Now the LKNSBN Facebook page has more than 3,000 members who post lively comments about needing a freelance PR writer, a hair stylist or car detailing, for example, as well as moving to a new location or the chance to attend an empowerment seminar. It’s a free online and offline networking group, with no categories or restrictions except that members must live in the Lake Norman region. “I’m not a very bureaucratic being, so we don’t have a lot of rules,” says Vogel, who launched a similar networking group in the Raleigh area before moving here. “I noticed there were no groups out there that were free and totally inclusive and offered an opportunity for networking with small business owners and entrepreneurs,” he says. Vogel himself is a former Ford Motor Co. internal communications specialist who went on to a job teaching at Hendrick University. When the economy ran out of gas during the Great Recession, he was looking for work and soon met people in similar straits. He launched the Small Business Network in Apex, and reinvented himself as an entrepreneur by opening IMU Social Media, which uses contract writers to provide content for small business social media. There’s no selling or marketing on the SBN Facebook pages, rather members refer back and forth and provide

m o r a l support in the r o u g h and tumble world of sole proprietorship and small business start-ups SBN is more like a community than a chamber, says Vogel, who JIM VOGEL is a member of the Lake Norman Chamber Board of Directors. “The key is because we’re free and give great visibility, people want to join our group,” he explains. Of course, networking groups can get stale, with a same old, same old feel, too many rules and, well, blowhards who talk way too much. LKNSBN meetings are stand-up affairs which keeps everyone on their toes. The de rigueur 60-second “elevator” speech is limited to 20 seconds. What happens if an SBN member runs 45 seconds or event 60 seconds? “I’m a nice guy,” Vogel says with a smile. The 20-second spiels are followed by announcements and news of events, and the meetings are over and done in 90 minutes. (Vogel says he’ll have a heart-to-heart with the people whose spiels went too long.) He used the words “secret sauce” a couple of times to explain the SBN success. “From a collective point of view we all benefit. Here is the secret sauce: if we are all successful, I’m successful.” And then Vogel said the “true secret sauce” consists of small member meet-ups, perhaps one-on-one or oneon-two or three. Meeting info: Old Town Public House, 21314 Catawba Ave., Cornelius, 9 a.m. each Wednesday.

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Business Today

4 April 2018

Jack Salzman wins TIME Dealer of the Year award Jack Salzman, owner of Lake Norman Chrysler Dodge Jeep Ram in Cornelius and Gastonia Chrysler Dodge Jeep Ram, has been named the 2018 TIME Dealer of the Year at the National Automobile Dealers Association Show in Las Vegas. The announcement was made by Jacie Brandes, senior vice president of sales and marketing for TIME, and Doug Timmerman, president of Ally Insurance, at the formal opening of the convention. More than 20,000 people in the auto industry attend the annual event. Salzman and his wife Robin are long-time supporters of such organizations as the Dove House Children’s Advocacy Center in Statesville, Pat’s Place Child Advocacy Center in Charlotte, The Shelter of Gaston County, Make-A-Wish and Big Brothers Big Sisters through Cornelius-based Big Day at the Lake. “Robin and I are honored to receive this award,” Salzman said. The TIME Dealer of the Year award is one of the automobile industry’s most prestigious honors. Recipients are among the nation’s most successful auto dealers who also demonstrate a long-standing commitment to community service. Salzman, 55, was chosen to repre-

Robin and Jack Salzman hold a framed picture drawn by a child who participated in Big Day at the Lake.

sent the North Carolina Automobile Dealers Association in the national competition; only 47 dealers from more than 16,500 nationwide were nominated. Faculty members from the Tauber Institute for Global Operations at the University of Michigan select one finalist from each of the four NADA regions and one national Dealer of the Year.

“The most rewarding part of my retail automotive career has been hiring great people and investing in their future,” Salzman said. “We pride ourselves on searching out quality employees and providing them with the tools and support they need to grow from entry-level jobs up to top management positions within the company.”

AUTO HOMEoffice BOAT BUSINESS INSURANCE Bilodeau exits retirement to open for Charlotte firm Denis Bilodeau, a first-term member of the Cornelius Town Board, is opening a Cornelius sales office for Hood Hargett & Associates, one of the largest independently owned insurance agencies in Charlotte. “It’s just me for now,” said Bilodeau, the retired president of Aquesta Insurance. Hood Hargett’s Charlotte staff will provide support. A former Rotary Club president, Bilodeau was a fixture in the Lake Norman business scene, having run the old OTC-The Lake Insurance Agency before selling to Aquesta Financial.

Denis Bilodeau ran successfully for the Cornelius Town Board in 2017.

Denis Bilodeau CIC, CPCU Certified Insurance Counselor

A 1980 graduate of Riverview High School in Riverview, Florida, Salzman was the top-rated swimmer in the country for the 200-meter backstroke and competed in the United States Olympic Trials for the summer games in Moscow. He won three silver medals for Team USA in the Maccabiah Games in Israel. Salzman accepted a full swimming scholarship to Auburn University, where he received a degree in business administration in 1985. He then went on to earn a law degree from theHargett Shepard Broad College of Lawtoat Hood and Associates, Inc is pleased Nova University in Fort Lauderdale. announce the grand opening of a new Lake Norman a law OfficeRather 20901 N than Main St,working Cornelius,with NC 28031 firm, Salzman decided he wanted to own his own business after law school and started a cellular phone m agency. While partnering with a lo-7p 5 cal car dealership on a successful 4th as promotion, the dealer hiredl 2him i a sales manager and he has pr been in A y the retail automotive aindustry ever sd since. e Tu Lake Norman The Salzmans bought e s Chrysler Dodge ou Jeep Ram in 2003.

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Business Today

6 April 2018

Analysis

In real life and government, teamwork isn’t guaranteed Three mayors: Rusty Knox, Davidson; Woody Washam, Cornelius; John Aneralla, Huntersville.

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BY DAVE VIESER It sounded good: The mayors of Davidson, Cornelius and Huntersville appeared ready to support a plan to derail a $2 million CATS study to examine alternate Lake Norman commuter rail sites. The impetus came from Huntersville Mayor John Aneralla, and was one of the first opportunities to demonstrate real-time solidarity between the North Meck leaders. Effective mass transit benefits businesses and residents alike. People use CATS buses to go to and from work. But some of the North Meck bus stops don’t even offer a bench or a shelter for protection, let alone cement platforms. Improvements like these are what Aneralla wanted, not another study for a new commuter line route, which more than likely isn’t ever going to happen. It seemed like he had support for success. However, when the vote was taken at the Metropolitan Transit Commission (MTC) meeting March 28, Anerella found himself on the short end of an 8-1 vote. Aneralla expected support from the mayors of Cornelius and Davidson who are also voting members of the MTC, which is the governing policy body for CATS. “Frankly, I would have never pushed this vote so strongly if I did not have their support six weeks ago,” Aneralla said. In a show of solidarity, commissioners and mayors visited neighboring town board meetings late last year. Aneralla and Davidson Mayor Rusty Knox and Cornelius Mayor Woody Washam participated in a Newsmakers Breakfast in February on working together, and all appeared hunky-dory.

But Washam changed his mind “at the last minute” and decided to pull his support for Aneralla and vote for a continuation of the study in what he called “a very tough lift for me.” Washam says he had reservations throwing out half of the study money at this point in time. “Even more, when we enter negotiations with Norfolk Southern about using the freight line right of way, all of our towns need a seat at the table. If we cut the study and lose that seat, it’s entirely possible that federal funding will go elsewhere, perhaps Charlotte.” He also says that he had been assured that “the primary focus of the study is on the existing rail line which runs through downtown. Frankly, I cannot imagine where else it could go.” Some Cornelius commissioners took issue with the vote.”Last week, we had an opportunity to work regionally during the MTC vote and it did not appear that we did,” said Commissioner Kurt Naas, founder of the WidenI77 anti-toll group. “I hope future votes will be handled with more solidarity.” Commissioner Dave Gilory was more blunt. “This study is a waste of more than $2 million and I am embarrassed that our mayor voted for it.” Aneralla remains steadfast. “I still don’t believe there is any justification for spending money on this study and I believe it will just create more uncertainty in our corridor for mass transit.” In a recent study published by the American Public Transportation Association (APTA) they found that 87 percent of public transit trips benefit the economy; every $1 invested in transportation generates approximately $4 in economic returns and every $1 billion invested in public transportation supports and creates more than 50,000 jobs.


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Business Today

8 April 2018

After Beaty St. fight, Davidson has variety of new projects BY ERICA BATTEN When Mayor Rusty Knox and a handful of members of the Davidson Board of Commissioners met last month with citizens for the informal “coffee chat,” a forum where townspeople can ask questions and express concerns, the discussion centered on one topic: The 19-acre Beaty Street property owned by the Town. Plans to develop the property for residential and commercial use were scrapped last summer amid protests from citizens. Commissioners voted last month to create a task force to develop all of the land as a park. “We’re all Davidsonians, and we’ve got to live together,” said Knox, acknowledging that the Beaty Street property is perhaps the most contentious development issue in Davidson. Elsewhere in town, development continues at a steady pace. The total assessed value of taxable property in Davidson is currently estimated at $1.8 billion. The average home sales price in Davidson in 2015 was more than $400,000,

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but with many new homes priced at over $1 million, Davidson’s tax base is poised for a significant increase over the next few years​:​

Davidson, the property will be developed by Charlotte-based Beacon Investment Management Group as two mixed-use buildings.

Davidson Bay Phase II Located on Davidson Lake along the north side of Armour Street, the development includes 231 residential units, both single-family detached and multifamily units along with 8,000 square feet of mixed-use/retail space and 36,000 square feet of mixed-use commercial spaces. Completed single-family detached homes in Davidson Bay are listed between $685,000 and $750,000.

Davidson Hall Located at the southern end of Pine Road, the 17-acre development will have 34 single-family homes.

Davidson East CalAtlantic Homes is currently developing the 180-acre property on Davidson-Concord Road. The mixedused development has nearly 500 housing units and more than 400,000 square feet of office/retail space.

WestBranch Lennar Carolinas is developing the 170-acre property along Davidson-Concord Road. It consists of 306 townhouse and detached units and 88 acres of open space. Commercial development is proposed for a later phase of the project.

Davidson Commons East Hotel Located on just over two acres across from the Community School of

Davidson Wood Phase 2 Located at the southern terminus of Samuel Spencer Parkway, the 32acre development will have 41 singlefamily homes with about 40 percent preserved open space. This phase of development also includes a greenway connection to the Kincaid Trail. The developer is Artisan Custom Homes. The median listing price of homes in Davidson Wood’s first phase is $1,115,000.

Washam Neighborhood Ryan Homes began construction in November on the 51.62-acre property on June Washam Road. The completed neighborhood will have 82 homes and about 20 acres of open space.

Narrow Passage Proposed construction of 40 residential units with 37.9 acres of open space on a 59.29-acre property along Shearer and East Rocky River Roads. Plans include a greenway trail with future connection to Fisher Farm Park. Alexander’s Corner Located on South Main Street on the Alexander’s Car Wash site, Industrial Maintenance Company applied in January to develop the 2.57-acre property as a mixed-use commercial, retail and residential extension of the surrounding community. Davidson Springs Phases 3 and 4 4.56 acres on Walnut Street will be developed as seven single-family detached homes and eight townhouses. The $9 million project includes extension of James Alexander Way and greenway construction. Potts Development Crescent Communities has proposed a project consisting of 19 townhouses and 276 multifamily units on a 15-acre property on Potts Street. Summit at River Run The proposed development will include 28 single-family detached homes and townhomes on 10.44 acres on Rocky Bluff Loop.

LKN Chamber Expo moving from Davidson to Huntersville A mainstay of spring—the Lake Norman Chamber Business Expo—will move to the fall this year, and the location will change as well. The expo, one of the largest business-to-business trade shows in the state, is moving from Davidson College Belk Arena to the new Huntersville Recreation Center in October. There were some 170 exhibitors at the chamber expo June 7 last year. The $6 million-plus municipally owned Recreation Center in Huntersville has two gyms and meeting space on Verhoeff Road, less than a mile west of Commerce Station Business Park. “I’m excited to have people come and experience our new Recreation

Center,” said Huntersville Mayor John Aneralla. The facility, which opened in January, has indoor space for a variety of sports, ranging from pickle ball to soccer. Still to be worked out is flooring for the expo. A contract between the chamber and Huntersville will likely have the town footing the bill for the flooring and the chamber underwriting the cost ANERALLA over the course of a multi-year agreement that keeps the expo at the rec center.


Business Today

April 2018

9

Growth Strategies

A great experience steers sales your way Driverless cars may take over the roads but you still need to consciously drive your business in a way that attracts customers or they will steer clear of what you offer. All aspects of your business should offer them a beneficial experience with sufficient value to find you and buy. You don’t want to give them reason to rubber-neck competitor options. How many ways do your customers experience your products, services, people, and organization? Are they all positive and memorable? Anticipate and meet customer needs, make sure each element of your o r g a n i z a t i o n ’s scope of influence on the customer is polished to a high-shine, Sales Coach and continually CHERYL KANE verify customer satisfaction makes each interaction positively memorable.

Identify the destination

Tell the customer where you will take them. Define your core competencies in your customer’s language vs. your internal terms to ensure all sales interactions are in ‘you-view’-directed toward their needs. Example: If one of your goals is excellent service quality, internally you may train staff to deliver, “97% of all service calls are answered by the 3rd ring 24 hours a day, and assure 92% accuracy in arrival time for all scheduled appointments to customer’s home.” But to the customer you can translate this to, “Your time is important to us, too. We are on-time, and always here when you need us.”

Showcase the representative routes

Identify all ways a potential customer may encounter an impression or interaction with your organization (yes, I said all-this is a strategy process-not a 10-minute pep talk). For each, consider: do you let non-sales impressions run on ‘autopilot’ to just happen, or are you are thoughtfully controlling the path? Controlling details in small things gives a clearer perception of the care a customer can receive in bigger matters. At every available demonstration of how your company does business, show them why you are reliably the best to buy from. Example: Are signed company vehicles the image you want of your company? Do your drivers drive in a manner that reflects your organization’s values? A clean, well-kept vehicle with an attentive, polite driver looks more like someone your customer might want at their location than a dirty, banged-up vehicle with the distracted driver (texting/smoking/eating). Are your non-sales personnel as topnotch as your quality products? Just because they may be the lower skilled and lower paid employee group, don’t fill those roles carelessly. They leave a profoundly specific message about your company. Poor Example: A hand-picked florist known for premium-priced, superb arrangements and service quality used a (temporary?) delivery employee to take my order to a friend’s home. The repre-

sentative reeked of an undesirable smell, lost the message card between their auto and my friend’s door, was coarse in their greeting, and was blatantly expectant of a tip before leaving. Good Example: Furniture delivery staff brought my item into my home, placed it where I asked, patiently waited for me to verify it was ‘just right’, then removed the packaging taking it with them to dispose of, leaving me with only a smile and my furniture-hassle free, fun to receive, and ready to use. QUOTABLE

“Feedback is sometimes difficult to obtain if customers are happy. Telling them upfront you will contact them to assure their satisfaction sets their expectation.” — Cheryl Kane Assure the journey is successful

Make it easy for customers to tell you there is a problem. Clear instructions offered in several mediums gets the alert to you fast. Whether it is on the invoice, a receipt, a text, a separate package insert, or in person, all instructions should be easy to read, clear in expectations, and consistent.

Be a good defensive driver

Keep your eye on the road and be ready to respond, adjust and adapt-or repeat what you did well. Getting people to affirm you did things well and tell you how (what was most relevant to them) is importantdetails matter. Feedback is sometimes difficult to obtain if customers are happy. Telling them upfront you will contact them to assure their satisfaction sets their expectations. And make it worth their time. Lottery-like drawings and surveys that require the customer to do something in exchange for nothing of value to them fall far short of creating a positive customer experience. If you want an opinion either be willing to do the leg work so the customer does not have to, or be willing to pay for it in value coupons or reward points that don’t expire too quickly; customers see that for what it is, self-serving for you.

Drive with purpose

Finding out how customers perceive, feel, and experience your organization can help you identify how to sell better. And it keeps their eyes on the road to your business. Cheryl Kane, MBA, PHR, GPHR, SHRM-SCP, is a strategic business consultant, sales trainer, & professional speaker specializing in strategic planning and service quality. If you seek assistance in growing your business, need a business speaker, or have a topic you would like to see in this column, Cheryl welcomes your communication at (704) 595-7188 or email: CherylKane@cherylkane.net.


10 April 2018

NEWS - e

Business Today

Lynx Red Line study gets green light from MTC

Mayor Aneralla: ‘If you have corridor drawn through our community it will be extremely disruptive.’

March 28. By Melissa Atherton. The Metropolitan Transit Committee (MTC) voted 8-1 Wednesday to proceed with the Charlotte Area Transit System (CATS) North Commuter Line Study. The vote was a defeat for Huntersville Mayor John Aneralla who wanted to see the money spent on “real help, right now” for congestion in North Mecklenburg. Mayors Rusty Knox (Davidson) and Woody Washam (Cornelius) voted to continue the study. One veteran member of the Cornelius Town Board, Dave Gilroy, expressed anger about the vote and Aneralla’s defeat. “It’s the epitome of waste—classic government horse—-,” said Commissioner Dave Gilroy. Aneralla opposed studying a new corridor that would put the train away from northern suburb downtowns. Aneralla also said the money could be better spent on bus transit improvements. The conjecture that more studying can bring will also be

detrimental to business owners and landowners, the Huntersville mayor said. “If you have a corridor drawn through our community it will be extremely disruptive,” said Aneralla. The issue is straightforward. Norfolk Southern, a for-profit corporation, owns the existing railroad and uses it for freight purposes that are not compatible with sharing. The CATS study proposes spending millions searching for an alternative corridor that will cost billions. The Metropolitan Transit Commission (MTC) is the policy board for CATS and has responsibility for reviewing and recommending all long-range public transportation plans. Voting members on the MTC Board include the Mayors of Charlotte, Cornelius, Davidson, Huntersville, Matthews, Mint Hill and Pineville, the Chairman of the Board of Mecklenburg County Commissioners and the regional representative from the North

Carolina Board of Transportation. Washam and Knox voted in support of the study. Washam stressed that he wanted the commuter rail on the current track or adjacent to it. He said the study was needed in order to obtain federal funding. “We have to have this line, somehow, in North Mecklenburg,” said Washam. “I want to do the right thing in my community.” Knox mirrored Washam’s concerns. Knox stated: “I didn’t vote in protest. Our real corridor is defined. But if we don’t have access to that corridor ever, we need options.” Gilroy, who was also an early leader in the anti-toll movement, thanked Aneralla “for his leadership and are very disappointed” in Knox’s and Washam’s vote. “It makes utterly no sense.” The next MTC meeting will be held April 25th. The second round of Red Line public input will be in early spring or summer.


Business Today

April 2018

11

NEWS - e

Tesla launches training program at CPCC in Huntersville March 26. If Tesla can put a car up in space, then the manufacturer of electric vehicles and scalable clean energy generation and storage products​can launch a cool new training program at the Central Piedmont Community College campus in Huntersville. “Tesla START,” complete with a simulated service station for electric vehicles, is the first community college​ training program associated with the Palo Alto-based company. The program is based at CPCC’s Merancas Campus off Hwy. 21 where there is a service bay for students to train in that it’s similar to what they will find at Tesla Service Centers. The first class will graduate April 6. Tesla START is a 12-week technician training program designed to provide students with the skills n ​ eeded to be service technicians at Tesla Service Centers across North America. The Charlotte location is at 9140 E. Independence Blvd. Tesla is partnering with colleges to provide the curriculum, instructors and job opportunity so students can

‘Starman’ in a Tesla roadster in space. PHOTO CREDIT: AFP PHOTO / SPACEX

make a smooth transition from college to full-time employment. Students train in a space on campus designed to simulate a Tesla Service location so they are ready to hit the ground running on day one of their new careers. The Tesla START program at CPCC began in January with 13 students. Central Piedmont Community College is “proud and honored Tesla reached out to us” with the opportu-

nity, said Dr. Kandi Deitemeyer, CPCC president. This is an extraordinary opportunity for CPCC students in the Automotive Systems Technology program, she said. “Clearly, the automobile industry is moving toward all-electric systems and greater sustainability. CPCC students will be on the cutting-edge of this industrial shift,” she said. Huntersville Mayor John Aneralla said, “We are excited that Tesla chose

to establish their training center at Huntersville’s CPCC Merancas campus.” The Tesla START graduation ceremony April 6 begins at 11:30 a.m. Tesla all-electric vehicles used in the START program will be on site. There is no word that Tesla founder Elon Musk himself will attend the graduation ceremony. He has proposed “a tunnel boring machine” to circumvent traffic congestion in Los Angeles.

Corvid will invest $29 million in Mooresville HQ March 27. Corvid Technologies will officially move its headquarters to Mooresville where it already has a sizable campus. The $29 million investment means 367 new jobs in physicsbased engineering solutions for the defense, automotive, aircraft and biomedical industries. “North Carolina is the perfect choice for Corvid, thanks to our world-class universities, major military installations, and highly skilled workers,” said Gov. Roy Cooper. “I’m pleased Corvid decided to keep growing right here by bringing more good-paying engineering jobs and its headquarters to Mooresville.” The new campus will be in the Langtree area. A State Job Investment Incentive Grant will provide $9 million in support of the project which also qualifies for local incentives. A total for those grants wasn’t disclosed. Corvid provides technology-based solutions to a variety of customers in the Department of Defense, includ-

ing the Missile Defense Agency, Navy, Army, Air Force, Marines, and Special Operations Command. In addition, Corvid supports ongoing projects and customers varying from motorsports to U.S. Olympic teams to the Defense Advanced Research Projects Agency. Corvid currently has 145 engineers and scientists with 75 percent holding advanced degrees across a variety of STEM fields. The company will continue to grow in South Iredell, according to Dr. David Robinson, CEO. “The businessfriendly climate at the local, county, and state level combined with access to premier engineering talent coming out of the nearby university systems were all major factors in our decision to locate the company headquarters in the area,” he said. Corvid’s main campus in Mooresville is augmented with offices in Virginia, Alabama, California and Hawaii. The Mooresville location will be Corvid’s main campus and headquarters.

The project will include two, threestory buildings, a data center for highperformance computing, a mechanics lab, and a prototyping lab. Corvid will recruit best-in-class engineers and scientists from top universities, including North Carolina State University, University of North Carolina at Chapel Hill, Duke University, Wake Forest University, Virginia Tech, Georgia

Tech, and Clemson University. “It’s no coincidence that Corvid chose North Carolina, home to some of the nation’s largest military bases and leaders in aerospace and automotive industries,” said North Carolina Commerce Secretary Anthony M. Copeland. “Our state has the talent and business climate Corvid needs to succeed.”

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Business Today

14 April 2018

O n T he Record

THIS MONTH TRANSACTIONS……………...14-16 FORECLOSURES……………...… 16 NEW CORPORATIONS……….......17

REAL ESTATE TRANSACTIONS These are recent property transactions recorded by the county Register of Deeds in Cabarrus, Iredell and Mecklenburg.

Cabarrus County 02/14/18 $296,500 Kathryn Musano to Ryan Petty & Lynsey Boothe, 1468 Saint Anne Ct., Concord 02.14/17 $265,000 Michael & Crystal Tucker to Lisa Lisk, 6518 Derby Ln., Concord 02/14/18 $281,000 Jeremy & Kelly Buttery to Casey Xiong & Dee Her, 2415 Forestbrook Dr., Kannapolis 02/14/18 $288,000 U.S. Bank National Trust Assoc. to John & Nancy Hackemer, 10303 Falling Leaf Dr., Concord 02/15/18 $275,000 Joseph & Carlotta Doran to Melanie Hager, 51 Hamberton Dr., Concord 02/15/18 $717,000 Cypress Hill Farm, Inc. to

Daniel & Breann Jencka and Donna Cecil, 1421 LaForest Ln., Concord 02/15/18 $319,500 Sewell & Julie Everett to Robert & Tracy Fisher, 314 Pleasant Hill Dr., Concord 02/15/18 $360,000 Paul & Bertha Smith to Ronald & Toya Carey, 1910 Sequoia Hills Dr., Harrisburg 02/15/18 $258,000 River Rock Construction NC I, LLC to CSHP One LP, Ptnrp., 837 Richardson Dr., Concord 02/15/18 $306,500 Lennar Carolinas to Robert & Holly Johnston, 9859 Travertine Tr., Davidson 28036 02/15/18 $260,000 Ronald, Veronica, Jacqueline and Barbara Campbell to Penny and Janis Welsh, 1057 Arrowood Dr., Concord 02/15/18 $322,500 Joseph & Angela Lockavitch to Charles, Cluese and Lucy Williams, 290 S. Union St., Concord 02/16/18 $347,000 Century Communities Southeast, LLC to Todd & Jo Ann Wilcox, 787 Oak Manor Dr., Concord 02/16/18 $260,500 NVR, Inc. to Tenisha Patterson, 11021 Discovery Dr., Concord 02/16/18 $265,000 Junious & Tracey Ward to Allison Irvin, 10877 Storehouse Ct., Davidson 28036 02/16/18 $283,000 Andrew & Michelle Dicharry to Vincent & Shelley Acosta, 2877 Shale Dr., Davidson 28036 02/16/18 $652.000 Michael & Susan Early to Kevin Holland & Cynthia Bounds, 6190 Fox Chase Dr., Davidson 28036

02/16/18 $361,500 NVR, Inc. to Naresh Namburi & Divya Boddu, 2165 Stone Pile Dr., Concord 02/16/18 $265,000 Reginald & Crystal Wright to Andrew Walker & Meredith Barkley, 10415 Rutledge Ridge Dr., Huntersville 28078 02/16/18 $254,000 Ambrose & Ivel Turkson to Michael & Sarah Richardson, 1115 Bottle Brush Ln., Harrisburg 02/16/18 $465,000 Harvey & Melissa Morris to Highway 3 Partners, LLC, 5943 Davidson Hwy. Concord 02/16/18 $390,000 Lucas & Stacy Joyner to Parthaarathy Nagerswararag & Asha Rathinam, 2504 Mill Wright Rd., Concord 02/16/18 $485,000 Christopher Pack & Courtney Brown to Lucas & Stacy Joyner, 5205 T Lewis Rd., Mount Pleasant 02/19/18 $351,500 Eastwood Construction LLC to Julius & Stefanie Zambrano, 115 Burning Ember Ln., Concord 02/19/18 $312,000 Edison Square Holdings, LLC to NVR, Inc., Lots 2101—2106 of Edison Square Townhomes, Harrisburg 02/20/18 $253,500 River Rock Construction NC I, LLC CSHP One LP, Ptnrp., 5359 Roberta Crossing Dr., Concord 02/20/18 $281,500 Steven & Tiffany Funderburke to Sean & Barbara Solomon, 2224 Laurens Dr., Concord 02/20/18 $270,000 John & Amanda Keys to Oksana Hastov, 9212 Sanger Ct., Harrisburg 02/20/18 $270,000 Thomas & Sharon Crews to Glenn & Sandra Morici, 7744 Colswold Ct. Charlotte 28213 02/20/18 $399,000 Steven Holmes to Peter & Kristen Moorefield, 772 King Frederick Ln., Concord 02/20/18 $400,000 Lucille Petrea Estate to Thirty Acre Wood, LLC, 5939 Tuckaseegee Rd., Kannapolis 02/20/18 $307,500 The Ryland Group, Inc. to Bessie Gray, 2221 Holden Ave., Concord 02/20/18 $295,000 Pitts School, LLC to William & Brenda Jonews, 5366 Brickyard Terrace Ct., Concord 02/21/18 $285,000 Paula Rodgers to Andrew & Kim Ragan, 805 Towncreek Dr., Concord 02/21/18 $328,000 D.R. Horton, Inc. to Ravi & Swetna Thakur, 11223 Streamwood Ln., Concord 02/22/18 $320,000 The Ryland Group, Inc. to Blair & Devin Wall, 2203 Holden Ave., Concord 02/22/18 $349,000 Lancaster Investments & Holdings, LLC to Kenneth & Nancy Grooms, 340 Union St., S., Concord 02/22/18 $290,500 The Ryland Group, Inc. to Bharatkumar & Zarfanaben Desai, 2198 Holden Ave., Concord, Concord 02/22/18 $333,000 D.R. Horton, Inc. to Sudhakara Meenige & Sreelatha Bijjam, 11231 Streamwood Ln., Concord 02/22/18 $355,000 Renee Cooper to Kevin & Melissa Davis, 1621 Chadmore Ln., Concord 02/23/18 $300,000 George & Rahama Harewood to Timothy & Wendy Kozenskie, 1444 Bedlington Dr., Charlotte 28269 02/23/18 $335,000 Eastwood Construction

LLC to Brian & Christy Fowler, 3273 Lock Erne Ave., Kannapolis 02/23/18 $352,000 Benjamin & Katherine Pendry to Kevin & Erin Franklin, 9867 Flower Bonnet Ave., Concord 02/23/18 $331,000 D.R. Horton, Inc. to Vamshi & Swathi Dachavaram, 1454 Briarfield Dr., Concord 02/23/18 $359,000 D.R. Horton, Inc. to Karthik Bora & Sharanya Duwuru, 11233 Smokethorn Dr., Concord 02/23/18 $268,000 NVR, Inc. to Madan Kambam & Swapna Venkata, 11019 Discovery Dr., Concord 02/26/18 $334,500 New Life Developers, LLC to Kip & Nita Plummer, 1170 Mount Pleasant Rd., Mount Pleasant 02/26/18 $325,000 David & Sandra Burk to Nhut Doan & Quynh Truong, 9935 Legolas Ln., Charlotte 28269 02/26/18 $381,000 NVR, Inc.to Jared Lahm & Ashley Bargfrede, 7410 Pikes Ln., Concord 02/26/18 $280,000 Taylor Morrison of Carolinas, Inc. to Robert & Alice Bova, 4314 Hunton Dale Rd., Concord 02/26/18 $335,000 Century Communities Southeast, LLC to Linh & Do Ngo, 630 Iron Horse Ln., Midland 02/26/18 $331,500 NVR, Inc. to George & Rahama Harewood, 11056 Discovery Dr., Concord 02/26/18 $296,000 H & H Constructors of Fayetteville, LLC to Bijaya Paudyal, 3555 County Down Ave., Kannapolis 02/26/18 $316,000 The Ryland Group, Inc. to Lenina Kodali & Ramakrishna Vadlapatla, 2216 Holden Ave., Concord 02/26/18 $305,000 Mattamy Homes to Kenneth & Sharon Elder, 2807 Berkhamstead Cr., Concord 02/26/18 $495,000 M/I Homes of Charlotte, LLC to Patrick & Alida McGlone, 9037 Cornflower Dr., Harrisburg 02/26/18 $345,000 NVR, Inc. to Ken & Ritika Bijani, 7414 Pikes Ln., Concord 02/27/18 $520,000 Meritage Homes of the Carolinas, Inc. to Dustin Zimmerman, 8434 Breton Way, Harrisburg 02/27/18 $287,500 Fred & Jennifer Pinion to Gregory & Ashley Mintz, 2562 Roswell Ct., Concord 02/27/18 $290,000 John & Lianne Godino to Michael Akers, 9659 Camberley Ave., Concord 02/27/18 $390,500 Lennar Carolinas, LLC to Geoffrey & Jessica Sloop, 2001 Topaz Plaza, Davidson 28036 02/27/18 $338,500 Mattamy Homes to Jason & Cynthia Mortimer, 2605 Cheverny Pl., Davidson 28036 02/27/18 $378,000 D.R. Horton, Inc. to Todd Welch and Janeane & Janah Ungaro, 11246 Smokethorn Dr., Concord 02/27/18 $420,000 Weekley Homes, LLC to Robert Hill, 11320 Fullerton Ave., Huntersville 28078

More Cabarrus Transactions online at www.BusinessTodayNC.com


Business Today

April 2018

15

O n T he Record

Mecklenburg County 2/22/18 $443,500 Patti Clover to Rober & Leana Murdoch, 15734 Northstone Dr., Huntersville 2/22/18 $351,500 Epcon Nantz Road LLC to Claude Hartsell, 16211 Lakeside Loop Ln., Cornelius 2/22/18 $378,300 Todd & Kristen Mack to Joshua Helm & Christina Tomusko, 12938 Union Square Dr., Huntersville 2/22/18 $285,000 Walt & Cynthia Lafferty to Edward Cox, 9503 Rosalyn Glen Rd., Cornelius 2/22/18 $392,000 Duane & Andrea Jung to Cecilia & Russell Bass III, 18934 Southport Dr., Cornelius 2/22/18 $379,000 Barbara Trabelsi to Nicholas Chambers & Ellen Stuart, 10314 Vanguard Pkwy., Huntersville 2/22/18 $352,000 Christopher & Karin Lamperski to Sean & Karin Anderson, 8434 Brentfield Rd., Huntersvile 2/23/18 $333,000 Ross & Carey Hullinger to Alex & Kendall Marlow, 10015 Roosevelt Dr., Huntersville 2/23/18 $262,000 Francis & Ellen Loncz to Danny Whisnant, 306 Armour St., Davidson 2/23/18 $295,000 Philip Cooper to Christopher Safko & Valerie Wrenbolt, 18208 Harbor Mist Rd., Cornelius 2/23/18 $375,000 David & Sally Bishop to Stanislaw & Krystyna Rempala, 15714 Edenfield Dr., Huntersville 2/23/18 $440,000 Jerry & Jennifer Yoder to Christopher & Karin Lamperski, 9629 Cockerham Ln., Huntersville 2/23/18 $300,000 Wendy & Pete Cowie to Armella DiOrio, 15316 Colonial Park Dr., Huntersville 2/26/18 $325,000 Kirk & Virginia Bleavins to Alexander & Michelle Mullineaux, 406 Delburg St., Davidson 2/26/18 $531,000 William Carrozzella to Donald Grubba, 18801 Swanhaven Ct., Davidson 2/26/18 $303,000 Alexander Becker to LeighAnn & Jason Lee, 16301 Kelly Park Cir., Huntersville 2/27/18 $475,000 James & Lucia Fisicaro to Ryan Dubois & Rebecca Santusuosso, 14737 Old Vermillion Dr., Huntersville 2/27/18 $321,000 Randy & Deanna Barnes to Shawn & Erica Gladden, 13535 Helen Benson Blvd., Davidson 2/27/18 $364,000 South Creek Homes to Bruce & Helen Langhorne, 17709 Morehampton Ave., Cornelius 2/27/18 $251,000 Estate of Mabel Pugh to Jessica Bullrich, 7531 Mariner Cove Dr., Cornelius 2/27/18 $290,000 Patricio & Melanie Herrera to Johanna Meehan, 15707 Carley Commons Ln., Davidson 2/28/18 $1,020,000 Gerald & Charlotte Miller to Thomas & Karen Gilchrist, 19824 Shearwater Point Dr., Cornelius 2/28/18 $290,000 William & Kimberly Smith to Frederick Ricer Jr., 11435 Potters Row, Cornelius 2/28/18 $405,000 Estate of Lynda Lawrence to Ann Marie Hundhammer, 12616 Meetinghouse Dr., Cornelius 2/28/18 $305,000 Paul Fincher Jr. & James Young Jr. to Shawn & Amy Downey, 13221 Hidcote Ct., Huntersville 2/28/18 $4,000,000 Jim Kelly to Daniel & Judith Moore, 17240 Connor Quay Ct., Cornelius 2/28/18 $265,000 Georgann Hanna to IH6 Property NC, 14909 Almondell Dr., Huntersville 3/1/18 $250,000 Angela & Jonathan Wiegand Jr. to OfferPad (SPVBorrower1), 813 Kimbrough Square Ct., Davidson

3/1/18 $470,000 David & Jessica Henkel to Andres & Paulina Torrebiarte, 9618 Cockerham Ln., Huntersville 3/1/18 $355,000 Joel & Kimberly Presson to Robert Driver, 8015 Cottsbrooke Dr., Huntersville 3/1/18 $383,000 Vincent Blackwell to Jeffrey Montminy & Leah Hafley, 11133 Hollis Hill Ln., Huntersville 3/1/18 $500,400 Adam Slater to Beth Archer, 17807 Prescott Border Dr., Cornelius 3/1/18 $1,999,000 Ronald & Sharon McAfee to Vincent & Suzanne Pompili, 18410 Balmore Pines Ln., Cornelius 3/2/18 $290,000 Stephen & Jayme Young to Nicole & Ronald Hoffman, 13421 Pierre Reverdy Dr., Davidson 3/2/18 $1,25,000 Gerard & Kristen Thorez to Gene & Bonnie Hamrick, 17528 Paradise Cove Ct., Cornelius 3/5/18 $336,000 DR Horton Inc. to Capricia Crump, 14848 Long Iron Dr., Huntersville 3/6/18 $620,000 Lisa Conover to Harlan Hicks, 8708 Preserve Pond Rd., Cornelius 3/6/18 $380,000 John & Jacquelyn Soltis to Donna & Thomas Poresky, 7206 Chaddsley Dr., Huntersville 3/6/18 $259,000 Craig & Ashley Francis to Hilary & Hugh Vaughan-Williams, 17209 Hampton Trace Rd., Huntersville 3/6/18 $379,000 South Creek Homes to Ramasamy Thangavelu, 17745 Morehampton Ave., Cornelius 3/8/18 $450,000 River Run Limited Partnership to Peachtree Residential, Lots 2, 3, 6-10 of The Summit at River Run, Davidson 3/8/18 $465,000 River Run Limited Partnership to Portofino Management Corp., Lots 1, 4, 5, 1114 The Summit at River Run, Davidson 3/8/18 $392,500 Roderic & Kimberly Rehfuss to Kristopher & Lyndsay O’Brien, 19125 Brookgreen Garden Pl., Cornelius 3/8/18 $260,000 Daniele & Kimberly Kudlik to Cerberus SFR Holdings, 10634 Quarrier Dr., Cornelius 3/8/18 $255,000 Jerad & Heaher Hewitt to Chad Emmons & Karen Hughes, 20328 Willow Pond Rd., Cornelius 3/8/18 $334,000 Claude Hartsell to Michael Donoghue, 18581 Vineyard Point Ln., Cornelius 3/9/18 $360,000 Laura Baslow to Harry & Mitsa Metaxatos, 2-309 Northport Dr., Cornelius 3/9/18 $312,000 Linda & William Dworak III to Judy Kaiser, 18102 Coulter Pkwy., Cornelius 3/9/18 $489,5000 Lyvonne & Carrol Ellison to Bradley & Alison Ellison, 17015 Winged Oak Way, Davidson 3/12/18 $253,000 Anna O’Day to Sarah Gaultieri, 13152 Heath Grove Dr., Huntersville 3/12/18 $256,500 Ivan Svetlicic & Yiting Pan to Jeffrey Eisenberg & Adriana Villani, 8712 Bell Song Ln., Huntersville 3/12/18 $355,000 Weston & Angela Statzer to Sylvain & Melissa Frayer, 15642 Wynford Hall St., Huntersville 3/12/18 $365,000 Kendell & Elizabeth Berry to Mark Slauson, 17033 Carlton Way Rd., Huntersville 3/12/18 $375,000 Kelvin & Abigail Espinal to Daniel & Meaghan Leyh, 18605 Boulder Rock Loop, Davidson 3/13/18 $241,000 Jared Gisi & Michelle Grillo to Jeremy & Elizabeth Churchill, 17108 Grand Central Way, Cornelius

More Mecklenburg Transactions online at www.BusinessTodayNC.com

Mooresville 2/20/18 $337,000 Taylor Morrison of the Carolinas to Nicholas & Katherine Androvich, 128 Stibbs Cross Rd. 28115 2/20/18 $267,000 Frantisek Sustr & Jitka Sustrova to Eric & Danielle Tipton, 111 Humbold Pl. 28115 2/21/18 $538,000 D.R. Horton to Angelo Grandelli, 208 Canoe Pole Ln. 28117 2/22/18 $275,000 Ryan & Christie DeAndrea to Heath & Victoria Kent, 178 Bay Laurel Dr. 28115 2/22/18 $395,000 Standard Pacific of the Carolinas to Kristie Franco, 122 Creekside Crossing Ln. 28117 2/22/18 $340,000 D.R. Horton to Christian Sinnott, 154 Blueview Rd. 28117 2/22/18 $418,500 Brett & Cherie Hemphill to James & Cathryn Lease, 177 Chatham Rd. 28117 2/23/18 $430,000 Frances & Caldwell Cline to Dane Holdings, 212 N. Main St. 28115 2/23/18 $990,000 Peachtree Residential to Paul & Mary Bates, 265 Cove Creek Loop 28117 2/23/18 $535,000 Gregory & Donna Briley to Jennifer & Jerry Yoder, 560 Barber Loop 28117 2/23/18 $390,000 D.R. Horton to Barry & Linda Davis, 149 Blueview Rd. 28117 2/23/18 $261,000 M/I Homes of Charlotte to Dawn & Jesse Thompson, 130 E. Neel Ranch Rd. 28115

2/23/18 $294,500 Live Well Homes to CSHP One LP, 103 Sassafras Rd. 28115 2/23/18 $311,000 Live Well Homes to CSHP One LP, 107 Sassafras Rd. 28115 2/23/18 $280,000 Patrick & Erin Macaulay to Jeremy & Emily Caldwell, 112 Shagbark Ln. 28115 2/23/18 $450,000 Michelle A. Maidt to Kevin & Laurel Harry, 103 Shadow Ln. 28117 2/26/18 $415,000 Christopher & Amy Jo Gibbons to David & Barbara Harris, 121 Snow Fountain Ln. 28115 2/26/18 $450,000 Lakewalk Waterfront to Nest Homes, 143 Little Indian Loop 28117 2/26/18 $655,000 Tracy & Cassandra Puckett to James & Gina Ebbs, 334 Bay Harbour Rd. 28117 2/26/18 $365,000 Charles & Lisa Adcox to Lawrence & Sandra Zobrest, 172 Honeysuckle Creek Loop 28117 2/26/18 $832,000 Janet Smith to I. Glenn & Margaret Rockefeller, 111 Breezeview Pl. 28117 2/26/18 $375,000 James & Ashley Johnson to Kyle & Kamila Hossan, 115 Trollingwood Ln. 28117 2/26/18 $271,500 Amy & Brian Weatherman to Christopher Gibbons & Kristina Falal, 131 Lamplighter Ln. 28115 2/26/18 $475,000 Brian & Johanna Newman to Martin & Juliane Conway, 131 Huntfield Way 28117 Continued on page 16


Business Today

16 April 2018

O N T HE RECORD Continued from page 15

2/27/18 $348,000 Winston N. Taylor-Staples to James D. Townsend, 211 Rustling Waters Dr. 28117 2/27/18 $296,500 Standard Pacific of the Carolinas to Barbara Lynn Hennie, 191 Rustling Waters Dr. 28117 2/27/18 $260,000 James Bean & John Bishop to Ronald & Jasmine Matthews, 107 Millen Dr. 28115 2/27/18 $258,000 M/I Homes of Charlotte to Owen A. & Mary M. Tarrence, 165 Glastonbury Dr. 28115 2/27/18 $479,000 D.R. Horton to Terry & Kathleen Mayberry, 176 Canoe Pole Ln. 28117 2/27/18 $278,000 D.R. Horton to Gordon & Rita Barnes, 116 Hanks Bluff Dr. 28117 2/27/18 $425,000 Susan S. Reaves to Sarah Zorne Revocable Trust, 118 Aragon Ct. 28115 2/28/18 $313,000 Richard & Lisa Beno to Stephen & Amanda Beno, 162 Wood Duck Loop 28117 2/28/18 $455,000 Bobby & Catherine Johnson to Jason & Jennifer Hoots, 738 Patterson Farm Rd. 28115 2/28/18 $420,000 Richard & Barbara Joyce to Matthew Snyder & Lindsay Brooks, 539 Beaten Path Rd. 28117 2/28/18 $352,500 Taylor Morrison of Carolinas to Gregory A. Knight, 105 Heron Cove Loop 28117 2/28/18 $1,400,000 Barbara & Steven Brasier to Brookfield Relocation, 105 Moors End Loop 28117 2/28/18 $1,400,000 Brookfield Relocation to Jason & Tamy Elam, 105 Moors End Loop 28117 2/28/18 $310,000 D.R. Horton to Keith & Carrie Winchester, 169 Blueview Rd. 28117 2/28/18 $268,000 Aaron & Rita Phillips to Nathaniel & Tallen Freeman, 139 Royal Coach Ln. 28115 2/28/18 $250,000 CalAtlantic Group to James Richard Allen, 216 Paradise Hills Cir. 28115 2/28/18 $705,000 Elizabeth J. Pitt to Nancy & Scott Hall, 159 Broadview Cir. 28117 2/28/18 $580,000 James & Jan Claborn to Jeffrey & Erica Shoe, 528 Barber Loop 28117

2/28/18 $322,000 Jane & Tilton Bundy to Mark & Heidi Gaynor, 174 Berach Pl. 28115 2/28/18 $316,500 Standard Pacific of the Carolinas to Max Adam Geller, 202 Rustling Waters Dr. 28117 2/28/18 $301,000 Lennar Carolinas to Srinivas Sarabaiah & Vidhya Lnu, 199 Wrangell Dr. 28117 2/28/18 $445,000 Nest Homes to Craig & Tarin Piscitella, 115 Slocumb Ln. 28117 2/28/18 $435,000 Colony Construction to Natarsha Nesbit & Wayne White, 237 Woodstream Cir. 28117 3/1/18 $304,000 Standard Pacific of the Carolinas to Krista Perrine, 194 Rustling Waters Dr. 28117 3/1/18 $329,500 Lennar Carolinas to Aino NC LLC, 109 Lassen Ln. 28117 3/1/18 $289,500 Lennar Carolinas to Aino NC LLC, 113 Congaree Loop 28117 3/1/18 $385,000 Russell & Debra Barlaan to Scott & Charity Ellis, 204 Chandeleur Dr. 28117 3/1/18 $1,591,000 Mainstreet Capital Reserve to BP Capital Reserve, 169 Pinnacle Ln. 28117 3/1/18 $300,000 Richard & Cheryl Arriviello to Matthew & Mailelani Butcher, 108 Arcata Ct. 28117 3/2/18 $292,000 NVR to Edward & Nancy Komar, 204 Stibbs Cross Rd. 28115 3/2/18 $390,000 Dan & Linda Gordan to Harry & Muriel Dyer, 119 Cabana Dr. 28117 3/2/18 $300,000 Taylor Morrison of Carolinas to Daniel DaSilva & Amanda Sauer, 126 Hillston Ln. 28115 3/5/18 $614,000 American Escrow & Closing Company to Robert G. Austin, 143 Cherry Tree Dr. 28117 3/6/18 $550,000 Shakil & Melissa Ahmed to 4635 Crain Highway LLC, 532 Brawley School Rd. 28117 3/6/18 $256,000 D.R. Horton to Hilh Ksor, 111 Queensway Ln. 28115 3/7/18 $450,000 D.R. Horton to Mark & Gina Noble, 138 Canoe Pole Ln. 28117 3/7/18 $256,000 D.R. Horton to Dennis & Ingrid Alexander, 189 N. Cromwell Dr. 28115

More Mooresville Transactions online at www.BusinessTodayNC.com

FORECLOSURES

Foreclosure actions have been started on the following properties. Items show the date foreclosure documents became public, owners, property address, lien holder, lien amount. After required notices are published, the property is sent to auction. The property then can be sold, not sold (examples: bankruptcy files or action dismissed without prejudice) or the sale postponed.

Cabarrus County 02/23/18 Dustin & Krystal Smith, 48 Pinecrest Dr., Concord, Nationstar Mortgage, $54,400 02/23/18 Irving & Michelle Torres, 801 Irene Ave., Kannapolis, PennyMac Loan Services, $80,733 02/23/18 Peggy Drye, 2810 Maryland Ave., Kannapolis, Wells Fargo Bank, $40,000 02/23/18 Aaron Lizotte, 374 Amhurst St., Concord, Carrington Mortgage Services, $86,640 02/26/18 Thomas & Constance Jennings, 226 Laverne Dr., Concord, Wells Fargo Bank, $32,900 02/26/18 Jerry & Brenda Burgess, 5001 Grand Canyon Rd., Concord, U.S. Bank National Assoc., $40,000 02/28/18 Holly McPowell, 521 Treasure Dr., Concord, Ditech Financial, $121,754 02/28/18 Jeffery & Angela McClain, 8150 Chatham Oaks Dr., Concord, Wells Fargo Bank, $152,500 02/28/18 Christopher Castle, 614 Winborne Ave., Bank of America, $124,755 02/28/18 Laerte & Laura Zatta, 3832 Grovesner St., Harrisburg, $542,580 02/28/18 Robert & Jennifer Davis, 8254 Quail Hollow Dr., Harrisburg, Specialized Loan Servicing, $223,845 03/02/18 Toni Bennett, 4118 Appleton Hollow Ave., Concord, Bank of America, $150,800 03/02/18 Estate of Flora Sweet, 1408 Oakwood Ave., Kannapolis, Wells Fargo Bank, $140,000 03/02/18 Dennis & Amy Daniels, 60 Third St., Concord, Bank of New York Mellon, $56, 250 03/02/18 Matthew Bost, 1191 Tufton Pl., Concord, Santander Bank, $121,600 03/07/18 Tarsha Hill, 946 Ramsgate Dr., Concord, Deutsch Bank National Trust Co., $118,746 03/07/18 Estate of Homer Freeman, 40 Roberta Rd., Concord, GMAC Mortgage, $30,000 03/07/18 Marlin & LaKesha Brown, 6004 Firethorn Ln., Concord, U.S. National Bank Trust, $165,000 03/08/18 Natalie Hall, 1758 Eastover St., Mt. Pleasant, Lakeview Loan Servicing, $130,591 03/08/18 Donald & Donna Hurlocker, 62 Pine Grove Church Rd., Concord, Wilmington Savings Fund Society, $88,020 03/09/18 Estate of Michael McGrew, 5204

Tealstone Ct., Concord, Bank of America, $115,200 03/09/18 Kristopher & Kimberly Scott, 2067 Solway Ln., Charlotte 28269, U.S. Bank Trust, $341,000 03/12/18 Robert & Ashlyn Abernathy, 13813 Cabarrus Station Rd., Midland, Vanderbilt Mortgage and Finance, $141,346 03/13/18 Margaret Autry, 362 Windrose Ln., Concord, Wells Fargo Bank, $120,495 03/13/18 Dale Blackmon, 357 N. Main St., Mount Pleasant, Nationstar Mortgage, $56,390 03/16/18 Richard & Senait Hurley, 4698 Dalton Ct., Concord, Wells Fargo Bank, $218,176 03/16/18 Helen Quashie, 1283 Soothing Ct., Concord, Wells Fargo Bank, $181,169 03/16/18 Evan & Pamela Smith, Bayview Loan Servicing, $111,330 03/19/18 Jason & Michelle Pierce, 2972 Hawick Commons Dr., Concord, Wells Fargo Bank, $125,653 03/20/18 Lekeia Blakeney, 1130 Thanet St., Concord, Bank of America, $125,681 03/21/18 Delbert & Evelyn Ford, 941 Lynnview Ct., Kannapolis, JP Morgan Chase Bank, Kannapolis 03/21/18 Estate of Vincent Haneline, 710 Briarwood St., Kannapolis, Wells FargoBank, $32,000

More Cabarrus Foreclosures online at www.BusinessTodayNC.com

Mecklenburg County 3/5/18 Jeffery & Robin Adams, 21653 Crown Lake Dr., Cornelius, First Franklin Financial $452,800

More Mecklenburg Foreclosures online at www.BusinessTodayNC.com

Mooresville 2/26/18 Margaret G. Melchor, 107 Sandstone Loop 28115, 1st Mariner Bank $153,000 3/1/18 Michael K. Spruell, 105 Kilborne Rd. 28117, Ownit Mortgage Solutions $189,000 3/5/18 Klinton & Sheree Ford, 102 Newcastle Ct. 28115, Branch Banking and Trust $120,500 3/9/18 Reginald & Elisabeth Powell, 125 Maxamy Ln. 28117, New American Mortgage $169,500 3/12/18 Roger & Alison Thornton, 131 Gibbs Rd. S 28117, State Employees’ Credit Union $330,000 3/19/18 Mario Ramirez & Ana Bertha Lopez, 100 Joseph Ln. 28115, Bank of America $106,564 3/21/18 Teresa & David Brown, 129 Hileath Dr. 28117, Countrywide Bank $505,600

More Mooresville Foreclosures online at www.BusinessTodayNC.com


Business Today

April 2018

17

O n T he Record

NEW CORPORATIONS These businesses have registered with the N.C. Secretary of State.

Cabarrus County 2/19/18 911 Solutions LLC, James M. Bazluki, 9862 Walkers Glen Dr. NW, Concord 2/19/18 Cabtex Fabrics LLC, Nancy Ramdin, 184 Academy Ave. NW, Concord 2/19/18 Fair Repair LLC, Howard F. Tiller II, 2855 Armentrout Dr. SW, Concord 2/19/18 Stoney River Capital Partners LLC, Lyle Pote, 8410 Pit Stop Ct., Ste. 150, Concord 2/19/18 Sulabh LLC, Kena Patel, 3024 Clover Rd. NW, Concord 2/19/18 Working to Support the Community LLC, Maria I Perez Olivares, 276 Vance Dr. NE, Concord 2/19/18 Yaridia Lomeli Financial Solutions LLC, Yaridia Magdanlena Green, 1229 Danielle Downs Ct. SE, Concord 2/20/18 120 Council LLC, Zachary M. Moretz, 300 McGill Ave. NW, Ste. 100, Concord 2/20/18 Davis 49 Timber II LLC, Samuel F. Davis Jr., 446 Winfield Blvd. SE, Concord 2/20/18 Duck Holdings LLC, Stephanie L. Cooper, 5620 Concord Pkwy. S, Ste. 103, Concord 2/20/18 Foresight Physical Therapy LLC, Hannah-Lynn Boothe, 8611 Concord Mills Blvd., Ste. 212, Concord 2/20/18 Greenleaf 1005 Condominium Association Inc., Zachary M. Moretz, 300 McGill Ave. NW, Ste. 100, Concord 2/20/18 Plumbing Agents Inc., Nelson Coble, 3842 Willow Grove Ln., Concord 2/20/18 Wine Holdings LLC, David A. Wine, 148 Palaside Dr. NE, Concord 2/21/18 FreshDENTAL Concord LLC, Amit Ganglani, 8528 Pit Stop Ct., Concord 2/21/18 Hanuman Norwood LLC, Zachary M. Moretz, 300 McGill Ave. NW, Ste. 100, Concord 2/21/18 Live Restored Inc., Jennie Macdonald, 105 Miller Ave. SW, Concord 2/21/18 McKenzie’s Elderberries LLC, Daniel Summers, 1401 Whispering Pines Dr., Concord 2/21/18 Mozeleski Consulting LLC, Scott Mozeleski, 2163 Galloway Ln. SW, Concord 2/21/18 New Visions Construction Inc., Eric L. Langille, 5650 Sandusky Blvd., Concord 2/21/18 Shae-Liz Boutique LLC, Angela Foster Carpenter, 2676 Jameson Dr. NW, Concord 2/21/18 Toledo Auto Repair LLC, Luis Javier Toledo, 2924 Walsh Dr. NW, Concord 2/22/18 Bold Wood Design LLC, Joel Singleton, 1325 Blue Sky Dr., Concord 2/22/18 Carolina Superior Builders LLC, Eric Joshua Walsh, 2320 Roberta Rd., Concord 2/22/18 R&M Technical Services LLC, Keith J. Lindgren, 8611 Concord Mills Blvd., #337, Concord 2/23/18 Arnold Myers Transportation Co.,

Katrina Myers Arnold, 1274 Soothing Ct. NW, Concord 2/23/18 C&B LLC, William Ivan, 5485 Coleman Cir. NW, Concord 2/23/18 Love Sweet Homes LLC, Zhaohua Qiu, 4621 Triumph Dr. SW, Concord 2/23/18 Toney B. Black Sr Real Estate LLC, Toney B. Black Sr., 375 McGill Ave. NW, Ste. 517, Concord 2/26/18 Carolina Vinyl Shack LLC, Brandi A. Roy, 7300 Flowes Store Rd., Concord 2/26/18 CCB Consulting Services LLC, Christopher P. Gelwicks, 300 McGills Ave. NW, Ste. 100, Concord 2/26/18 Coast and Heath LLC, Stephanie L. Cooper, 5620 Concord Pkwy., Ste. 103, Concord 2/26/18 Earl Holdings LLC, Stephanie L. Cooper, 5620 Concord Pkwy. S, Ste. 103, Concord 2/26/18 IGM Carolinas LLC, Michael Curr, 11609 Crossroads Pl., Concord 2/26/18 Rice-Hardy Consolidated LLC, Emory Rice, 518 Southampton Dr. NW, Concord 2/26/18 Telemedicine Billing Consultants LLC, Jon-Michael Devine, 8410 Pit Stop Ct. NW, Ste. 150, Concord 2/27/18 BDM Builders LLC, Michael R. McGlynn, 2550 Penninger Rd., Concord 2/27/18 Turner Landscaping Installations Inc., Jason S. Turner, 2000 Stoney Creek Dr. NW, Concord 2/28/18 Dixie Mae LLC, Hannah Cox Greene, 2371 Parks Lafferty Rd., Concord 2/28/18 The Exclusive Morrison Company Inc., J. Dwight Morrison, 715 Concord Pkwy. N, Concord

More Cabarrus New Corporations online at www.BusinessTodayNC.com

Mecklenburg County 2/19/18 Ashlock Fortune LLC, Casey Ashlock, 21005 Sterling Bay Ln. East, Apt. K, Cornelius 2/19/18 Keeper’s Quest Inc., Robert Ageenko, 17512 Sail View Dr., Cornelius 2/20/18 CVJA LLC, Michael K. Elliott, 13420 Reese Blvd. W, Huntersville 2/20/18 Re3xtreme Custom Cutlery LLC, Robert Harvey, 12318 Henderson Hill Rd., Huntersville 2/21/18 Bespoe LLC, Benjamin Gilman, 14225 Bankside Dr., Huntersville 2/21/18 Flyleaf Counseling PLLC, Robert B. Newkirk III, 19810 W. Catawba Ave., Ste. E, Cornelius 2/21/18 FreshDENTAL Huntersville LLC, Amit Ganglani, 9816 Sam Furr Rd., Ste. 202, Huntersville 2/21/18 Greylock Learning LLC, Julie Angello, 11807 Cupworth Ct., Huntersville 2/21/18 J & A Property Management LLC, Jordan A. Gambill, 10602 Vanguard Rd., Huntersville 2/21/18 Jolidon USA LLC, Angela-Patricia Mate, 17210 Cambridge Grove Dr., Huntersville 2/21/18 Lane Expedite LLC, Dzenana Zenicanin, 8139 Bud Henderson Rd., Huntersville

2/21/18 Tice Studios LLC, Laura Tice, 6514 Colonial Garden Dr., Huntersville 2/21/18 Urban Concepts LLC, Rick Ruffin, 17830 N. Statesville Rd., Ste. 220, Cornelius 2/21/18 Vida2live LLC, Brain Rattle, 624 Wolfe St., Davidson 2/22/18 CSC Capital Management LLC, Christopher Chandler, 20520 Bethelwood Ln., Cornelius 2/22/18 Eagles Nest Winery LLC, William N. Adkins, 19421 Liverpool Pkwy., Cornelius 2/22/18 Forfoxfit Inc., Katherine Williams, 9930 Travertine Trl., Davidson 2/22/18 GRU Remodeling & Design LLC, Jose Tomas Godoy, 20239 Heights Way, Apt. 301, Cornelius 2/22/18 Maverick Building LLC, Max Thomusseit, 1835 Rustic Barn Dr., Huntersville 2/22/18 Northpointe Insurance LLC, Kayce C. Staehle, 16905 Northcross Dr., Ste. 100,, Huntersville 2/22/18 Radko Realty Inc., Inna Radko, 8511 Bramfield Dr., Huntersville 2/23/18 CJ Adams Contractors Inc., CJ Adams, 10804-F West Catawba Ave., Cornelius 2/23/18 Enitere Interiors LLC, John Rubatzky, 12610 Bravington Rd., Huntersville 2/23/18 GOAT Properties LLC, Creamer Millovitsch PLLC, 130 Harbour Place Dr., Ste. 270, Davidson 2/23/18 Gourmar Real Estate Holdings LLC, Vincent A. Marcello, 15815 Hollingbourne Rd., Huntersville 2/23/18 High Hemlock Property Owners Association Inc., William N. Adkins, 19421 Liverpool Pkwy., Cornelius 2/23/18 Huntersville Ballet School LLC, Jennifer Provins, 102 Pinewood Dr., Huntersville 2/23/18 M.A. Moore LLC, Matt A. Moore, 19100 Brookgreen Garden Pl., Cornelius 2/26/18 7135 Statesville Road LLC, 20904 Bethelwood Ln., Cornelius 2/26/18 Bigfoot Denver LLC, Adam Shapiro, 15529 Jetton Rd., Cornelius 2/26/18 Eagles Nest Farm & Nursery LLC, William N. Adkins, 19421 Liverpool Pkwy., Cornelius 2/26/18 Evoque Group LLC, Rob Cason, 14115 Bramborough Rd., Huntersville 2/26/18 Lytle Ventures LLC, Vivian Lytle, 11351 Wescott Hill Dr., Huntersville 2/26/18 Mooney Consulting Group Inc., Mike Mooney, 9911 Rose Common Dr., #E241, Huntersville 2/26/18 Power House Garage Doors LLC, W. Tate Patterson, 1028 S. West Dr., Davidson 2/27/18 AMI BioMed LLC, J. Scott Keadle, 18204 Mainsail Pointe, Cornelius

More Mecklenburg New Corporations online at www.BusinessTodayNC.com

Mooresville 2/19/18 Aeschliman Remodeling & Construction LLC, Troy Aeschliman, 104 Grand Bay Dr. 28117 2/19/18 Bec Builders LLC, Emil Bec, 197 Tim-

berland Loop 28115 2/19/18 Craftsman Holdings LLC, Justin Rick Cremasco, 117 Craftsman Loop 28115 2/19/18 Elemental Construction LLC, Richard J. Lutzel, 542 Williamson Rd., Ste. A 28117 2/19/18 The Road Captain LLC, Christopher Conner, 856 Hunter Dr. 28115 2/19/18 Stratos Global Advisors LLC, Toby Williamson, 159 Homer Ln. 28117 2/19/18 Taylor’s Property Management LLC, Keith Taylor, 1479 Oak Ridge Farm Hwy. 28115 2/20/18 Heartfelt Feline Behavior Solutions LLC, Mary F. Tomasello, 502 E. Center Ave. 28115 2/20/18 Quella Inc., Lisa Bouchakian Dunn, 172 Williamson Rd., #3572 28117 2/21/18 1-Step LLC, Fenn Allen, 135 Wingmaster Dr. 28115 2/21/18 Davino’s Pizza LLC, Michael A. Mahr, 484A River Hwy. 28117 2/21/18 Inner Child Gone Wild LLC, Richard J. Lutzel, 542 Williamson Rd., Ste. A 28117 2/21/18 Law Offices of Nicole Henderson PLLC, Nicole Henderson, 121 Glynwater Dr. 28117 2/21/18 LKN Living LLC, Lynda Briggs, 120 Skipjack Point Ct. 28117 2/21/18 Location to Location LLC, Richard J. Lutzel, 542 Williamson Rd., Ste. A 28117 2/21/18 Twin City Auto Spa LLC, Leon Locklear, 792 McKendree Rd. 28117 2/21/18 Twin City Industrial Coatings LLC, Leon F. Locklear, 792 McKendree Rd. 28117 2/21/18 Vz Group LLC, Davin Vesey, 199 Bailey Rd. 28117 2/22/18 All Over the Map LLC, Richard J. Lutzel, 542 Williamson Rd., Ste. A 28117 2/23/18 Corner 1 LLC, Randy Hinson, 424 Beaten Path 28117 2/23/18 Crooked Creek Holdings LLC, Norman K. Morgan, 104 Lakefront Dr. 28117 2/23/18 Family Matters Property Management LLC, Amanda Shields, 128 Pecan Hills Dr. 28115 2/26/18 Discover Fitness, Strength & Conditioning LLC, Anthony Looney, 128 Fast Ln. 28117 2/26/18 Dode Holdings LLC, Waheed Dode, 124 Farm Knoll Way 28117 2/26/18 Gone Yesterday LLC, Daniel Thomas, 115 Mackinac Dr. 28117 2/26/18 JoBiUS Holding LLC, Jochen Wittgraefe, 128 Fast Ln. 28117 2/26/18 Mother’s Helper LLC, Breezy Marie Haye, 664 Franklin Grove Dr. 28115 2/26/18 Race City Industrial Sewing LLC, Michael Gale Nichols, 135 Bevan Dr. 28115 2/26/18 Thaison USA Incorporated, Dinh Nguyen, 631 Brawley School Rd., Ste. 409410 28117 2/27/18 163 Rolling Hills LLC, Andrew M. Shott, 131 Plantation Ridge Dr., Ste. 200 28117

More Mooresville New Corporations online at www.BusinessTodayNC.com


Business Today

18 April 2018

Housing crisis

from page 1

Panelists also included Jim Burbank of Charlotte-based homebuilder Saussy Burbank and John Quinn of the Smithville Community Coalition in Cornelius. Difficult subjects under the heading of Workforce Housing include the definition of “affordable,” as well as how to financially support the development of workforce housing and how to implement it. A common measure defines home affordability as spending no more than 30 percent of gross income on housing, including utilities. This measure does not take into account other fixed expenses such as health care, transportation, child care, nor does it include debt-toincome ratio. Grant said local government must conduct workforce studies to determine whether needs GRANT might be best met through single-family units, apartments,

or some mix of those. Towns must also consider how population density will impact schools, traffic, emergency services and other infrastructure. “That may invoke some changes in our land-use plan,” Grant said. A 2014 study found that only 10 percent of Cornelius’ workforce lives in town. Burbank called teachers, police and firefighters “the most invoked group” in the discussion about our workforce. The average income for Mecklenburg County teachers was $48,500 in 201516, according to CMS data. Glassdoor. com puts Charlotte-area police officers’ average yearly salary below $50,000. The median home price right now in Concord is $279,900, according to Zillow. In Cornelius, it’s $411,000, up 7.3 percent over the past year. The median price of homes currently listed in Cornelius is $410,950, well outside the bounds of affordability for a wide swath of working people. Panelists said that planners should follow the example of other towns— like Charlottesville, Va.—that have

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successfully incorporated workforce housing into the local aesthetic. Quinn said the historically black, “land-rich” Smithville community would benefit from mixed-income development that does not displace residents. The Town of QUINN Cornelius has already acquired several properties in Smithville because of unpaid taxes. Just to the north, Davidson is one of three North Carolina towns—coastal Manteo and Chapel Hill are the others— with an affordable housing (also called “inclusionary zoning”) ordinance. Enacted in 2001, the Davidson ordinance originally required that for every eight new housing units, one of them, or 12.5 percent, had to be affordable. Developers are allowed to pay a fee in lieu of housing, which goes into the town’s modest affordable housing fund. As of last year, 73 units had been built under Davidson’s affordable housing program. And while Davidson’s program is aimed at easing the pressure of rising property prices, developers said they’ve had to personally subsidize the required affordable units, and that this burden will increase as land prices continue to rise. There is no single solution because there are multiple problems, Burbank said. “The key for me, from a private-sector viewpoint, is for public money to get in there early,” Burbank said. “Land is critical.” Towns placing land in reserve for future development can help ease the burden BURBANK of rapidly increasing property values on those seeking affordable housing. Saussy Burbank has obtained lots from the Town of Davidson for $1,000 each. In spite of such deals, development that includes affordable housing is not a

profitable business, said Burbank. “You give up more than you get. If you’re purely motivated by money, you’ll probably look to do something else.” Joe Roy, founder of Meeting Street Homes and Communities, a Corneliusbased developer, said affordability isn’t the only obstacle in building affordable housing. “The qualifications to be able to build one of these developments are insurmountable,” Roy said. “Our zoning does not give a real incentive for those of us trying to be good stewards.” Whether developers are helped by affordable housing incentives or not, towns might also reconsider whether municipal government planning of affordable housing is as crucial as we might think. When Davidson conducted a survey of town employers as part of its 2017 Housing Needs Assessment, most said that it was not a priority to have their employees live in town because affordable housing is available in adjacent areas. Davidson’s lack of diversity deterred potential employees from seeking housing in town, particularly when commuting from Charlotte offers “more diverse lifestyle options.” Diversity in Cornelius is comparable to Davidson. The 2010 census showed that 84.4 percent of the Cornelius population identifies as Caucasian; in Davidson, it’s 85.9 percent. The percentage of the population in Mecklenburg County identifying as white is 50.4 percent. For those who qualify for affordable housing, deed restrictions keep homes affordable long-term but may make them ineligible for good mortgages and reduce their marketability. At the same time, the cost of market-rate units rises as developers are forced to pass along the cost of building affordable units. Can affordable housing programs keep up with future demand? Millennials may follow previous generations into the suburbs as the desire for walkable neighborhoods and proximity to amenities is displaced by the desire for a bigger yard and, perhaps, lower taxes. A recent Urban Land Institute study suggested that demands on urban areas may be eased by such an exodus. Despite uncertainty surrounding affordable housing, panelists and attendees at the Newsmakers Breakfast wanted to see local government—perhaps regionally—address the issue.


Business Today

Security

April 2018

19

from page 1

70 separate occasions. Though major instances of violence or terrorism have been rare at sporting events in the United States, there is an increased awareness this year. UNC Charlotte’s football team can pack more than 12,000 fans into Richardson Stadium, while Davidson College’s basketball team attracts between 4,000 and 5,000 fans to most games. “We are constantly thinking about security and always looking at ways to improve,” said Trent Barnes, complex manager at Richardson Stadium. “I am absolutely confident in our ability to protect people and provide a safe environment.” There is a vast and expanding array of security products, ranging from body armor to surveillance cameras. Ring, the video doorbell maker, was recently purchased by Amazon for $1 billion. “We’re seeing a 50 percent increase in video systems, strictly for security,” says Michelle Ferlauto, chief operations officer for Sound Vision in Mooresville. She said higherquality video surveillance is important. The footage needs to be clear enough and retrievable for it to be useful to authorities. FERLAUTO “So many people buy cheap cameras and you can see what may have happened but can’t identify who did it,” she explains. The entry-level cost of commercial system with four internet based cameras is $3,000 to $4,000. The private security business is highly secretive: Neither Show Pro, based in Charlotte, nor Columbia, S.C.-based United Events Services would comment for this story. Barnes and many of his colleagues attend The University of Southern Mississippi’s National Sports Safety and Security Conference & Exhibition, go through drills, and constantly modify procedures. Nearly all local venues that attract significant crowds use a combination of in house security, staffing companies and local authorities to provide various layers of assistance. At Davidson College, Coach Bob McKillop relies on an event manager, staff, 20 hired security/ushers, and eight police

officers for each contest. The ushers are trained to assist police as necessary. Police come from both the on-campus department and local town officers. Schools pay a third party in the range of $15-20 an hour for ushers. “Sometimes it may look like guys standing around,” said Davidson College Chief of Police Todd Sigler. “However, in an emergency situation, we need to be able to respond medically, clear access to an individual, and assist.”

Keeping a Nascar weekend safe is a massive operation. Charlotte Motor Speedway utilizes over 500 security and law enforcement personnel for big events. The majority of officers come from the Concord Police Department, the State Highway Patrol and the Cabarrus County Sheriff’s Department. At a joint operations center on race day, the FBI, Department of Homeland Security and the Bureau of Alcohol, Tobacco, Firearms and Ex-

plosives, as well as representatives from other agencies are on deck. “We utilize a variety of tactics from visible deterrent shows of force including uniformed officers in key areas, police towers, and marked vehicles, to undercover agents and hidden cameras,” said Speedway spokesperson Scott Cooper. “The security planning process takes place year-round with the various agencies and they practice response plan execution for different scenarios.”

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Business Today

20 April 2018

HOT PROPERTIES

Luxury brokerage opens offices in Davidson Denver, priced at $2.58 million. The four-bedroom, five full bath lakefront home at 4000 Channel Point Lane has 6,656 square feet of heated living areas with great views of Lake Norman.

Premier Sotheby’s

4000 Channel Point Lane, Denver is listed $2.58 million

Mitchell Prime Properties, a luxury real estate broker based in WinstonSalem, is opening offices in Davidson at 707 Peninsula Drive. It’s one sign that the luxury market around Lake Norman is getting more competitive and more recognition across the Carolinas. “Charlotte’s huge presence in the banking sector and proximity to a genuine international airport is seen as a major asset for our clients,” says Barry Pulver, the lead agent at Mitchell Prime. The company already has a luxury listing: 4000 Channel Point Lane in

Premier Sotheby’s International Realty, which has an office in Jetfor ton Village in Cornelius, reports total sales volume of $4.1 billion in 2017, with an average sales price of $685,725. The company the No. 35 real estate firm in the U.S. based on sales volume. Significant 2017 sales include a $2.25 million estate—complete with gun range, home theater and eight-car garage—at 9044 Island Point Road in Terrell.

Lake Norman Realty is 40

Lake Norman Realty held its 2017 Awards Breakfast and kick-off to its 40th anniversary year at River Run Country Club in March.

Abigail Jennings, president, said 2017 was the best year in the firm’s history with overall sales growth exceeding 13 percent. The property management, vacation rentals, commercial, and relocation departments each had record-breaking growth in 2017.

Dixie Dean takes on a partner

Dixie Dean at Allen Tate in Lake DEAN Norman has taken on Christina Stone, a Peninsula resident, as a partSTONE ner. The No. 1 closing agent in The Peninsula, Dean has been a solo operation until now. Dean’s career sales are in excess of $175 million. Dean just listed and sold one of the highest priced listings in The Peninsula, a lakefront home at 18806 Halyard Pointe Lane. The 6,762-square foot Low Country style home closed at $1.82 million, having been listed at $1.875 million less than a 18806 Halyard Pointe Lane, Cornelius sold for month before. $1.82 million


April 2018 21 NCDOT TO HOLD A COMBINED PUBLIC MEETING FOR THE PROPOSED WIDENING OF U.S. 21 (STATESVILLE ROAD)

Business Today

MECKLENBURG COUNTY TIP PROJECT NOS. U-5767 & U-5771 The N.C. Department of Transportation will hold two combined public meetings regarding the proposed projects to widen U.S. 21 (Statesville Road) from Gilead Road (S.R. 2136) to Holly Point Drive (STIP Project No. U-5771) and from Northcross Center Court to Westmoreland Road (S.R. 2147) (STIP Project No. U-5767) in Cornelius and Huntersville. The meetings are scheduled as follows: • Thursday, April 12, 2018 4 p.m. to 7 p.m. Cornelius Town Hall 21445 Catawba Avenue • Thursday, April 19, 2018 4 p.m. to 7 p.m. Huntersville Town Hall 101 Huntersville-Concord Road The public may attend at any time during the above mentioned hours. NCDOT representatives will be available to answer questions and listen to comments regarding the project. The opportunity to submit comments will also be provided at the meeting or via phone, email, or mail by May 4, 2018. Comments received will be taken into consideration as the project develops. Please note that the same information will be provided at both meetings and no formal presentation will be made. For additional information, contact Beverly Robinson, P.E., NCDOT Project Development by mail: 1582 Mail Service Center, Raleigh, NC 27699-1582, by phone: (919) 707-6041, or via email: brobinson@ncdot.gov. NCDOT will provide auxiliary aids and services under the Americans with Disabilities Act for disabled persons who wish to participate in this meeting. Anyone requiring special services should contact Caitlyn Ridge, P.E., Environmental Analysis Unit via e-mail at ceridge1@ncdot.gov or by phone (919) 707-6091 as early as possible so that arrangements can be made. Persons who speak Spanish and do not speak English, or have a limited ability to read, speak or understand English, may receive interpretive services upon request prior to the meeting by calling 1-800-481-6494. Aquellas personas que hablan español y no hablan inglés, o tienen limitaciones para leer, hablar o entender inglés, podrían recibir servicios de interpretación si los solicitan antes de la reunión llamando al 1-800- 481-6494.


Business Today

22 April 2018

Opinion

Expressing gratitude for good corporate citizens I fondly remember Concord Telephone Co., which was founded by L.D. Coltrane in 1897 and run by members of the Coltrane family until Windstream bought CT Communications in 2007. CTC all but disappeared around the same time other homegrown institutions went away, including Fieldcrest Cannon/Pillowtex and First Charter. Philip Morris disappeared too, changing the business landscape and the nature of corporate citizenship for sure. I appreciated the Coltrane family’s presence in the community, as well as hearing stories from former Concord Mayor George Liles about Charles Cannon and the Cannon family when textile was the king of Cabarrus business and industry. Change is good, but some companies and some people were amazing back in the day. So with the business world changing so dramatically during the 1990s and 2000s it was almost miraculous that ACN came to town, bought the vacant CT Communications headquarters in 2009 and brought close to 500 jobs during a critical time in the economy. It was in the telecommunications business, too, a direct sales model like Amway, Mary Kay and Shaklee. ACN began 1993 in the United States with just one service—long distance—and in one country. It was the vision of four entrepreneurs—Greg

Provenzano, Robert Stevanovski, Tony Cupisz and Mike Cupisz. With decades of direct sales experience behind them, they later expanded into Canada before eventually taking on Europe, Asia and Latin America. Today, the former CT Communications headquarters flies flags from each of the company’s 25 countries of operation. ACN, the world’s largest direct seller of telecommunications, energy and essential services for home and business, is celebrating its 25th anniversary in 2018. Hats off to them, not just for growing a company that employs so many, but for picking up the mantle of community service from people like the Coltranes, the Cannons, Dr. Liles and the late Roy Davis Jr. Communities count on good corporate citizenship and Cabarrus County and Lake Norman are no different. “It has been very exciting to see the positive impact that ACN has made here with their many contributions to non-profits and this community. It is obvious that there is a culture of ‘giving back to their community’ to make this a better place to live, work and play. As an active participant in the non- profit world, I can’t tell you how much the many contributions they make are appreciated. They are truly touching lives of the citizens here in Cabarrus County,” said Cabarrus County Commissioner Diane Honeycutt, herself a force in county-wide business and charitable work. When the founders of ACN realized Charlotte was the only NFL city without a Ronald McDonald House, they

stepped into action and made significant contributions to open the doors of the Ronald McDonald House of Charlotte. They’re involved with a long list of local charities including Boys & Girls Club, The American Red Cross, Speedway Charities, Big Brothers Big Sisters and Big Day at the Lake. Speaking of Big Day at the Lake This is our 14th year of serving atrisk kids in Big Brothers Big Sisters of Central Carolinas. Thanks to hundreds of businesses big and small, entrepreneurs, individuals and volunteers, Big Day at the Lake has brought more than $1 million to BBBS. Our next event is the Beach Bash April 19 at a new location: The beautiful Peninsula Yacht Club. Come on out for some fun, and to support the Big Brothers Big Sisters mission. Big Day at the Lake has virtually no overhead, thanks to the generous in-kind donations of many local companies. The Beach Bash starts at 6 p.m. and runs till 10. Auction items include a dinner cruise for six on the PYC’s gorgeous yacht, the Nopkehee. Speaking of anniversaries Business Today is 16 years old with this edition. Much has changed over the past years, and I’ve enjoyed the ride with our readers and business partners. I won’t forget our very first customers, Carlyle Properties and Uwharrie Bank (formerly Cabarrus Bank & Trust), who are still with us. I’m grateful for everyone who supports news and information, online or in print, that isn’t part of an advertising quid pro quo.

Marr’s grammatical style and seemingly random organization of chapters take a toll, however, getAbstract recommends his study of each firm’s unique practices to business leaders across all industries. Seasoned data scientists may find the material basic, but anyone else interested in this field will gain a fresh understanding. Bernard Marr. Big Data in

Sales & Marketing Director Gail Williams gail.todaypubs@gmail.com Vice President of Revenue Chet Barksdale chet.todaypubs@gmail.com;

Production Director David Beard production.todaypubs@gmail.com Contributors Melissa Atherton, Erica Batten, Dave Friedman, Cheryl Kane, Dave Vieser, Cathryn Piccirillo Sherman, Vickie Weant Phone 704-895-1335 The entirety of this newspaper is copyrighted by NorthEast Business Today, LLC 2018 with all rights reserved. Reproduction or use without permission of any content is prohibited. Business Today is an Equal Opportunity Employer. Business Today P.O. Box 2062 Cornelius, N.C. 28031 BACK ISSUES Payable by VISA & MASTERCARD. $1.50 (if available); $4 to mail FAXED ARTICLES - $5 per page PHOTOS - $100 REPRINTS - Reprints on high-quality , framable stock are available, starting at $65. NEWS AND CALENDAR ITEMS Business Today is a local business publication. If you have news items, they may be e-mailed to businesstodaync@gmail.com. Business Today is published on the first Friday of every month.

Book Review: Big Data in Practice Big data expert Bernard Marr provides a practical, valuable and nearly hype-free reference to the current state of big data, including predictive analytics, machine learning and artificial intelligence (AI), now in use across many industries in various ways. He offers 45 case studies from more than a dozen industries to illustrate and describe how organizations generate, collect, analyze and act on the big data.

Editor Dave Yochum nebiztoday@gmail.com

Practice: How 45 Successful Companies Used Big Data Analytics to Deliver Extraordinary Results. Wiley, 2016. 308 pages. ISBN-13: 9781119231387. getAbstract is the leading provider of business book summaries, with thousands of titles covered. www. getabstract.com

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14

Thank you

2018

Sponsors!

• Provide a full day of fun for kids in Big Brothers Big Sisters • Raise money for an efficiently run non-profit • Recruit mentors for children in BBBS

Rotary Club of North Mecklenburg

Bill & Ericka Cain

Jim & Carolyn Duke

COMMANDER: Charlotte Ear Eye Nose and Throat Associates - Dr. Michael Miltich • Christopher and Robin Davis • Dobi Financial Group • Eleven Lakes Brewing - Teri Lippy • Kiwanis Club Of Lake Norman • KS Audio Video - Nathan Ziegler • Bentz & Associates • The McIntosh Law Firm • O2 emc - Joel Olsen • Park Avenue Properties - John & Shea Bradford • Jeff and Nancy Tarte SKIPPERS: Denis and Chantal Bilodeau • Jeffrey & Amy Sparks • The Range at Denver • The Range at Lake Norman • Rose Associates • Washam Properties - Woody & Sharon Washam MATES: John and Nancy Aneralla • Blair and Margaret Boggs • Pat Cotham • John and Pamela Crutchfield • Tom and Ann Dutton • Brian Harris and Scarlett Hays • Marvin and Carol Lee • Karen Tovar • Bob and Lois Watson • Eric Worthington FOOD & BEVERAGE VENDORS: Big Bite’z Grill, Brickhouse Tavern/Port City Club, Harvey’s In Cornelius, Midwood Smokehouse at Birkdale, Tenders Fresh Food

Supported by

and

for 14 years


UNDER CONTRACT

JUST LISTED $3,100,000 | The Peninsula | Waterfront Amazing Kitchen | Huge Views | Private Dock

JUST LISTED $1,299,000 | Waterfront Lot Huge Views | Located in Cornelius

UNDER CONTRACT

UNDER CONTRACT

$2,999,000| Waterfront | The Peninsula | New Construction | Completed May 2018

JUST LISTED $689,000| The Peninsula | Boat Slip |4 Beds | 3 ½ Baths

$3,499,000 | Waterfront | Cornelius Private Dock | 4 Car Garage

$1,895,000 | Waterfront | 8000+ sq ft | 4 Car Garage | The Peninsula

1,475,000| 6.29 Acres| Built by Ken Bealer 4 car garage| Pool | Covered Patio

$4,199,000 | Waterfront | Cornelius| Elevator 10,000+ sq ft | Just Reduced $500k

PRICE REDUCED

$5,600,000 | Waterfront | The Point| Pool & Spa 4+ car garage |13,000+ sq ft

SOLD

JUST LISTED $929,999 | The Peninsula | Boat Slip 2 Bedrooms on the Main | Room for a Pool

Lance Carlyle 704-252-0237

Marci Carlyle 704-451-8399

$1,999,000 | The Peninsula | Waterfront Private Dock | Master on Main

Jim Carlyle 704-252-3047

Terry Donahue 321-402-8543

Terry Byars 704-728-9775

Blaire Cohn 678-591-6621

JUST LISTED $1,590,000 | 0.66 acres | Waterfront Lot Just off Jetton Road in Cornelius

Al Strickland 704-201-7244

Tammy Godwin 704-650-0296

Michael Green 704-954-4489

19520 W Catawba Ave Suite 113 | Cornelius, NC 28031 | 704-895-4676 Office | www.CarlyleProperties.com

Profile for Business Today/Cornelius Today

Business Today April 2018  

Business Today April 2018  

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