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Wake County signs off on WakeMed-Atrium Health deal
Wake County has approved the merger between WakeMed and Atrium Health, a decision expected to significantly affect healthcare services in the region. This high-stakes combination aims to enhance healthcare delivery and accessibility for residents. The implications of this deal will extend beyond Wake County, influencing the broader healthcare landscape.
Charlotte healthcare company hires execs to lead AI and analytics strategy
A Charlotte healthcare technology company has established a new AI and Analytics Center of Excellence. The company has hired two executives to lead this initiative, both of whom will report directly to the CEO who assumed the role in May.
618-home project near Lake Norman rejected over density concerns
A proposed 618-home project near Lake Norman has been rejected due to concerns over density. The planning board had previously recommended denial in August, but developers from Iron Gate plan to continue discussions with the county to pursue the project.
Homebuilding permits plunge in Charlotte metro as builders face infrastructure issues, rising land prices
Homebuilding permits in the Charlotte metro area have decreased significantly, with single-family permits dropping 28% from last year and 31% from five years ago. Builders are encountering various challenges, including infrastructure and zoning issues, as well as rising land prices.
Consumer sentiment falls in August after months of increases
Consumer sentiment experienced a decline in August, reversing a trend of increases observed in previous months. The downturn was noted across most metropolitan areas, highlighting the disparities in economic experiences among different demographics within the K-shaped economy.
Charlotte City Council approves $4.3B I-77 expansion project
The Charlotte City Council has approved a $4.3 billion expansion project for I-77, which includes a $300 million commitment for community investments. These investments will focus on developing grocery co-ops and recreation centers to benefit west-side neighborhoods adjacent to the interstate.