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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.
  • We’re getting another update on a story we’ve been following for a few months. The YMCA of Greater Charlotte announced over the summer that it plans to sell the Morrison Y in Ballantyne to a church for $42.5 million. Residents and Y members say they’re upset because the deal was handled behind closed doors and would mean losing a community space. For the latest, Tony Mecia of The Charlotte Ledger joined WFAE’s Marshall Terry for our BizWorthy segment.
  • We’re about a month out from a regional holiday tradition: the Southern Christmas Show. The annual event draws more than 100,000 people to the Park Expo and Conference Center, its home for almost 60 years. Organizers say that’s likely to change in the next few years, though. For more, Ashley Fahey of The Charlotte Ledger joined WFAE’s Marshall Terry for our segment BizWorthy.
  • Discovery Place is nearly $15 million in debt to Mecklenburg County. The long-running museum says it’s not able to pay that amount, and in a few weeks the county could declare it in default. For more, Tony Mecia of The Charlotte Ledger joined WFAE’s Marshall Terry for our segment BizWorthy.
  • A fight is brewing over a development proposal in Huntersville. It calls for a car wash and gas station on Statesville Road near Sam Furr Road, or state Highway 73. It’s the latest project from a north Mecklenburg developer whose past proposals have also aggravated nearby residents.
  • A 99-year-old building in uptown Charlotte is set to be demolished. The Charlotte-Mecklenburg Historic Landmarks Commission designated it a historic landmark in 2004. So why is it coming down?
  • 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.