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May 2016 Published monthly

YEARS

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

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Dental plan

An entrepreneurial side of dentistry is rooted in surgery

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Cabarrus

By Dave Vieser The Cornelius Town Board, by a 3-2 margin, reaffirmed its decision to pull out of the Lake Norman Regional Transportation CommisANALYSIS sion. Just like Huntersville and Davidson, Cornelius is ending its commission membership, leaving its future in doubt. The Cornelius decision didn’t come easy, as a split had developed between Cornelius’ Mayor Chuck Travis and the three members of the town board who wanted to opt out. Some of it has to do with tolling I-77, the over-riding issue in Lake Norman business and politics. The LNTC was largely silent on the $650 million plan to widen I-77 between Lake Norman and Charlotte, tacit See TRANSPORTATION Page 18

Economic development in Cabarrus is ahead of the curve Page 6

Sense of entitlement

Noted economist John Silvia sees Millennials and Baby Boomers at odds Page 8

Businesses encouraged by redevelopment plan By Marty Price The April 25th announcement that the Kannapolis City Council approved the first downtown revitalization project, consisting of two buildings with 200 residential units in the 200 block of West Avenue, was

HOT PROPERTIES

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BT People . . . . . . . . . . . . . . . . . . . . 4 Small Business Toolbox .10-11 News-e . . . . . . . . . . . . . . . . . . 12-13 Book Review . . . . . . . . . . . . . . . 24

Bill Thunberg, executive director of the LNTC

3211 Trinity Church Road in Concord for $1.475 million

good news for existing businesses. Somchay Siharath, owner of Sunshine’s Asian Cuisine, is excited. “I want to see the downtown come back to the way it was before,” she said. See KANNAPOLIS Page 18

Smart money ignores gender in the workplace By Erica Batten A Career Builder poll of 3,200 full-time workers and 223 human resource managers found that only 35 percent of women feel confident that compensation is equally dispensed between men and

women. The same survey found that only 39 percent of women believe equal opportunities exist in the workplace. “As a woman that has been in the business world for See WOMEN Page 19

RECORDS Transactions Cabarrus 14 Mecklenburg 14 Mooresville 14 Foreclosures Cabarrus 14

Mecklenburg 15 Mooresville 15 Corporations Cabarrus 16 Mecklenburg 16 Mooresville 17

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On May 13 discussion will focus on growth, infrastructure, farm preservation

LKN Transportation Commission runs out of gas

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Volume 15, Number 2 $1.50

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

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