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Charlotte Inno

@CLTInno

Your source for Charlotte-area startup news, stories, information, events, and resources. Sign up at https://nitter.cf/t.co/vOtw11ZxtI. (Formerly Start Charlotte)

 Charlotte, NC
americaninno.com/charlotte/
Joined December 2009
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How the Panthers' $309 game-day cost for fans stacks up in NFL. bizjournals.com/charlotte/ne…
Bank of America Stadium offers NFL's 10th-most affordable game-day experience, new analysis finds

Bank of America Stadium offers NFL's 10th-most affordable game-day experience, new analysis finds

Bank of America Stadium ranks 10th-most affordable in the NFL, with average game-day costs of $309, though prices are likely to rise during a $1.3 billion renovation.

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Home sales, contracts and new listings all declined locally in September as mortgage rates topped 7% for the first time since early 2025. bizjournals.com/charlotte/ne…
Charlotte-area home sales fall 10% in September as mortgage rates top 7%

Charlotte-area home sales fall 10% in September as mortgage rates top 7%

Charlotte's residential market slowed in September as mortgage rates climbed above 7%, with sales, contracts and showings all declining, Canopy MLS data shows.

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Blue Co. aims to open five locations per year over the next five years. It believes Charlotte could support four to five facilities. bizjournals.com/charlotte/ne…
Raleigh co-warehousing firm adds first Charlotte location in Southeast expansion

Raleigh co-warehousing firm adds first Charlotte location in Southeast expansion

Blue Co., a Raleigh-based co-warehousing firm, is expanding to Charlotte with an 85,000-square-foot facility ready for tenants in November.

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The entertainment division will offer 90-minute journeys with brunch and themed events. Engine Room 87 will feature 25 self-pour taps. bizjournals.com/charlotte/ne…
Magenta Train to bring vintage railcar rides, new bar to NoDa this March

Magenta Train to bring vintage railcar rides, new bar to NoDa this March

Aberdeen Carolina & Western Railway Co. launches vintage train rides and a bar concept in Charlotte this March, expanding its entertainment division.

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Japan accounts for more than 40% of foreign investment in the state. bizjournals.com/charlotte/ne…
North Carolina officials court Japanese executives as $550B investment framework looms

North Carolina officials court Japanese executives as $550B investment framework looms

North Carolina Commerce Secretary Lee Lilley meets with Japanese executives in Nashville to position the state for $550 billion in U.S.-Japan investment.

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The group rebuilding Charlotte's historic Excelsior Club has bought the Beatties Ford Road site. The $8.3 million project could start construction late this year or in early 2027. bizjournals.com/charlotte/ne…
Developers acquire Excelsior Club site for $1.7M to rebuild landmark venue

Developers acquire Excelsior Club site for $1.7M to rebuild landmark venue

Historical Excelsior Inc. acquired the Beatties Ford Road site for $1.7 million to build a new Excelsior Club, targeting a 2028 opening.

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D.H. Griffin Cos. has bought a vacant half-acre lot on North Tryon Street for $988,000. Its plans for the Optimist Park site aren't yet known. bizjournals.com/charlotte/ne…
Greensboro company buys vacant site in fast-growing Optimist Park neighborhood

Greensboro company buys vacant site in fast-growing Optimist Park neighborhood

Greensboro-based D.H. Griffin Cos. purchased nearly half an acre of vacant land in Charlotte's Optimist Park neighborhood for $988,000.

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A new Zillow analysis finds buying a typical home takes about 15 years to pay off more than renting nationally. In San Jose it's nearly 50 years, while Memphis is 11. bizjournals.com/charlotte/ne…
The cost of homeownership keeps rising. Here's how it compares with renting.

The cost of homeownership keeps rising. Here's how it compares with renting.

Zillow data shows homebuyers nationwide can break even in under 15 years, but timelines stretch to 50 years in expensive coastal markets like San Jose.

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A manufacturer is consolidating operations at the two facilities to reduce costs. bizjournals.com/charlotte/ne…
Layoffs loom for nearly 100 Iredell County workers as manufacturer plans closures in December

Layoffs loom for nearly 100 Iredell County workers as manufacturer plans closures in December

Wastequip's Toter LLC will close two Statesville facilities Dec. 22, eliminating about 96 jobs as the company consolidates production to reduce costs.

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Weil, Gotshal & Manges, founded in 1931, voted to wind down after a wave of partner departures and failed merger talks. One restructuring attorney says other firms should take note. bizjournals.com/charlotte/ne…
The shocking closure of law firm Weil Gotshal proves one thing: It can happen to anybody.

The shocking closure of law firm Weil Gotshal proves one thing: It can happen to anybody.

Bankruptcy attorney Joe Sarachek warns that Weil, Gotshal & Manges' collapse signals broader risks for law firms and advisory businesses built around powerful partners.

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The former Queens Landing space in Mooresville is now Vitale Lakeside, a waterfront restaurant with an Italian-leaning menu. A floating bar launches in March. bizjournals.com/charlotte/ne…
New waterfront restaurant on Lake Norman targets $10M in annual sales (PHOTOS)

New waterfront restaurant on Lake Norman targets $10M in annual sales (PHOTOS)

Vitale Lakeside opens Nov. 6 in Mooresville with upscale comfort food, boat slips and plans for a floating bar on Lake Norman.

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The 41,000-square-foot Oasis Wellness Sanctuary will include a botanical atrium, meditation garden and healing modalities. bizjournals.com/charlotte/ne…
$46M wellness sanctuary planned as Brookhill Village's first commercial tenant

$46M wellness sanctuary planned as Brookhill Village's first commercial tenant

David Hunt's Oasis Wellness Sanctuary is expected to be the first commercial tenant at Brookhill Village, a 42-acre redevelopment site in Charlotte's South End.

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The review is the latest move under CEO Mike Lyons, who took over in September. bizjournals.com/charlotte/ne…
Truist exploring sale of insurance premium finance unit with up to $7B in assets

Truist exploring sale of insurance premium finance unit with up to $7B in assets

Truist Financial explores selling its insurance premium finance unit Afco Credit as CEO Mike Lyons reviews all operations.

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The facility will be one of the Charlotte area's only industrial buildings over 500,000 square feet. Vertical construction is anticipated to begin in February. bizjournals.com/charlotte/ne…
McCraney underway on 1M sq. ft. industrial project in Rock Hill

McCraney underway on 1M sq. ft. industrial project in Rock Hill

McCraney Property Co. is developing a 1 million-square-foot warehouse in Rock Hill as supply for big box industrial space in the Charlotte area dwindles.

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Former Charlotte Checkers majority owner faces a maximum of three years in prison for tax fraud. bizjournals.com/charlotte/ne…
Former Checkers owner Michael Kahn pleads guilty to tax fraud

Former Checkers owner Michael Kahn pleads guilty to tax fraud

Michael Kahn, former majority owner of the Charlotte Checkers, pleaded guilty to failing to report $4.5 million transferred from his family foundation as income.

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The jobs will pay at least $162,322 on average, state officials say. bizjournals.com/charlotte/ne…
New York payments company picks Charlotte over Atlanta for 200 jobs and $11.5M investment

New York payments company picks Charlotte over Atlanta for 200 jobs and $11.5M investment

The Clearing House will invest $11.5 million to open a Charlotte operations center, creating 200 jobs and beating Atlanta for the project.

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The deal shows banks financing hardware for artificial intelligence through leases versus only through loans to tech companies. It also ties four financial firms to one customer’s chip purchases. bizjournals.com/charlotte/ne…
Bank of America coordinates $63B financing for Anthropic AI chips with with Blackstone, Citi,...

Bank of America coordinates $63B financing for Anthropic AI chips with with Blackstone, Citi,...

Bank of America Corp. is coordinating a $63 billion financing, along with Blackstone Inc., Citigroup Inc. and Morgan Stanley, to lease Broadcom Inc. AI chips to Anthropic.

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The waterfront venue in Davidson remains open and plans to reorganize using a streamlined bankruptcy framework for small businesses. bizjournals.com/charlotte/ne…
Lake Norman wine bar files for Chapter 11 bankruptcy, listing nearly $270K in debt

Lake Norman wine bar files for Chapter 11 bankruptcy, listing nearly $270K in debt

The Wine Cottage in Davidson filed for Chapter 11 bankruptcy protection with nearly $270,000 in debt, listing assets under $50,000.

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The online bank has been with Charlotte's MLS team since before it officially existed. bizjournals.com/charlotte/ne…
Ally renews as Charlotte FC's top sponsor in multiyear extension

Ally renews as Charlotte FC's top sponsor in multiyear extension

Ally Financial extends its multiyear sponsorship of Charlotte FC as the MLS team's top corporate backer, citing loyalty and the younger audience soccer attracts.

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Weil, Gotshal & Manges, founded in 1931, voted to wind down after a wave of partner departures and failed merger talks. One restructuring attorney says other firms should take note. bizjournals.com/charlotte/ne…
The shocking closure of law firm Weil Gotshal proves one thing: It can happen to anybody.

The shocking closure of law firm Weil Gotshal proves one thing: It can happen to anybody.

Bankruptcy attorney Joe Sarachek warns that Weil, Gotshal & Manges' collapse signals broader risks for law firms and advisory businesses built around powerful partners.

bizjournals.com
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