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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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UP YOUR SALES
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