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Business Today NC
June 2017 Published monthly
YEARS
Business Intelligence for the Golden Crescent: Lake Norman • Cabarrus • University City
REINVENTING YOURSELF
From beauty queen to building trades to residential real Pages 6-7 estate, she did it
WORKER BEES
BY KATE STEVENS A proposed 137-acre mixed-use development in southern Iredell County could bring more housing and commercial opportunities to an area rife with potential but the economic impact on Mooresville and surrounding towns is still unclear. “It’s so early, it’s almost uncharted waters,” said Rusty Knox, a real estate broker with Allen Tate Real Estate in adjacent Davidson. With more than 800 new dwelling units, Lake Davidson residents would be closer to dowbtown Davidson and Davidson’s amenities than anything in Mooresville. He said local elected officials are going to have to play a part in controlling how nearby towns and cities grow. There is a “direct trickle down“ from one town to another.. Plans for the development, named Lake Davidson and located off N.C. 115 and Bridges Farm Road, currently include 115 single family homes, 300 residential
See LAKE page 18
Hire ed: Colleges embrace job training BY ERICA BATTEN While the question about whether a college education is worth the cost has been looming for years now, colleges haven’t been sitting idly by waiting for potential students to decide. Instead, they’ve strategized on how to attract students and ensure the lifelong relevance of higher education. “Simplistic predictions fail to recog-
HOT PROPERTIES
Jim Puckett explains how Charlotte transit policy ensures the bedroom nature of LKN demographics Page 8
condos, 120 town homes, 300 apartments, 65,000 square feet of office space and 65,000 square feet of additional retail space. The property is not in Mooresville town limits but does fall within the town’s jurisdiction of regulating land use and development. Historically, southern Iredell County was the “no man’s land for development” until home improvement retailer Lowe’s and Lake Norman Regional Medical Center recently changed the scope of the area, Knox said. There is so much vacant land on the outskirts of Mooresville that is unserviced by water and sewer but available for development, Knox said. “It’s almost like they’re building an island out there to see if people come,” said Knox, who is running for mayor of Davidson this fall. If the development moves forward, “It will be the starter gun for the rest of south Iredell building out,” said Knox.
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18633 Square Sail Road in Cornelius sold for $725,000
nize the complexity, resources, diversity and resilience of a sector of society that now educates nearly twenty million undergraduates and graduate students a year,” said Goldie Blumenstyk, a frequent contributor to The Chronicle of Higher Education and author of the 2015 book, “American Higher Education in Crisis? What Everyone Needs to Know.” “Today’s dire predictions also over-
look the adaptations many colleges have already undertaken,” Blumenstyk said. These adaptations include the use of data analytics to help students stay on track toward degrees, greater personalization in pedagogy, the rise of online and hybrid classes, and increased enrollment at community colleges, where a bachelor’s See Hire ed page 19
RECORDS Transactions Cabarrus 14 Mecklenburg 14 Mooresville 14 Foreclosures Mecklenburg 16
Corporations Cabarrus 16 Mecklenburg 16 Mooresville 17
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Nick Lyssikatos has charted a new course at Port City Page 2 Club
Lake Davidson: Mooresville development makes waves
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