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BizWorthy

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BizWorthy

Each week, WFAE's "Morning Edition" hosts get a rundown of the biggest business and development stories from The Charlotte Ledger Business Newsletter.
  • Now for an update to a story we brought you this summer that’s causing a stir in Ballantyne. Moments of Hope Church, led by longtime Charlotte pastor David Chadwick, plans to buy the popular Morrison YMCA for almost $43 million and move in next year. Residents and Y members are livid over the behind-closed-doors deal and loss of a community space. For the latest on the planned sale, Ashley Fahey of The Charlotte Ledger joined WFAE’s Marshall Terry for our segment BizWorthy.
  • Consumer spending in Mecklenburg County appears to be flatlining. The county told The Charlotte Ledger it expects to collect $414.3 million in sales taxes for the fiscal year that ended in June. That’s a little less than the previous year, although Charlotte continues to grow rapidly with people, jobs, and development. What’s going on? For more on this and other business news, The Ledger’s Ashley Fahey joined WFAE’s Marshall Terry for our segment BizWorthy.
  • Charlotte has lost another print publication. Alternative newspaper Queen City Nerve announced this week it’s closing effective immediately, citing financial hardships. It follows Charlotte magazine shutting down last year, after nearly six decades. For more on what the latest closure says about the state of media in Charlotte, the Charlotte Ledger’s Tony Mecia joined WFAE’s Marshall Terry for our segment BizWorthy.
  • Remember the Unified Development Ordinance, or UDO? That’s the comprehensive plan that Charlotte leaders adopted three years ago to guide growth. One contentious new rule allows duplexes, triplexes and quadplexes in more places than before. The Charlotte Ledger has an update on just how many of them have been built since City Council adopted the ordinance. The Charlotte Ledger’s Ashley Fahey joined Marshall Terry for our segment, BizWorthy.
  • SouthPark is getting a skyline — 19 stories’ worth, in fact. The plan for a new office building comes as Charlotte has seen little new office development recently because of high construction costs and still-uncertain demand for office space after COVID. For more, The Charlotte Ledger’s Ashley Fahey joined WFAE’s Marshall Terry for our segment BizWorthy.
  • Have you ever lined up overnight for a movie or the new iPhone, or stood in line for hours to be in the front row at a concert? Well, what about doing that for a grocery store? It could happen soon as Wegmans prepares to open its first store in Charlotte. The Charlotte Ledger’s Ashley Fahey joined WFAE’s Marshall Terry for our segment BizWorthy.
  • Cases of the explosive diarrhea-causing cyclosporiasis parasite in North Carolina are on the rise because of a widespread outbreak linked to produce. The state health department is now reporting at least 561 cases since May 1. For context, that's almost twice the total for North Carolina in all of last year. And the Charlotte Ledger says it's a gut check moment for local restaurants, farmers and food-related businesses. The Charlotte Ledger’s Tony Mecia joined WFAE’s Marshall Terry for our segment BizWorthy.
  • With the streak of hot days we’ve had in the Charlotte region recently, maybe you’ve thought of heading to Lake Norman to try and cool down. Be warned, it might be even more crowded than you're used to. According to new data, it looks like Lake Norman is attracting more and more people from outside the Charlotte region in addition to locals. For more, WFAE's Marshall Terry is joined by the Charlotte Ledger’s Ashley Fahey for our segment BizWorthy.
  • This Fourth of July weekend is expected to set travel records. But Charlotte Douglas is not the only airport in the region that many travelers will be passing through. About half an hour northeast of Charlotte, Concord-Padgett Regional Airport is emerging as an alternative. The airport has more than doubled its monthly passenger totals over the last three years, according to data from the city of Concord. For more, WFAE's Marshall Terry is joined now by the Charlotte Ledger’s Tony Mecia for our segment BizWorthy.
  • A long-unfinished high-rise in Fort Mill might soon be coming down. The 21-story Heritage Tower was built four decades ago as part of Jim and Tammy Faye Bakker’s Christian-themed amusement park, Heritage USA. The park closed in the late 1980s following bankruptcy and a sex scandal involving Jim Bakker. For more, WFAE's Marshall Terry is joined by the Charlotte Ledger’s Ashley Fahey for our segment BizWorthy.