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Business and Economic Development


Kenan-Flagler Business School sees applicant spike

The Kenan-Flagler Business School saw a 15 percent increase in applicants this year, a jump that school officials said came, in part, because of the uncertain job market. This year, 691 students applied to the undergraduate business program — which notified accepted applicants Friday — said Anna Millar, senior associate director of admissions, recruiting and advising for the program.


Chapel Hill leaders travel to Capitol Hill to discuss economic growth and job creation

Chapel Hill leaders working to create a strong local economy will swap strategies today with those from another hill — Capitol Hill.


Chamber of Commerce looks to encourage Chinese investment

Gov. Bev Perdue approached the Chapel Hill-Carrboro Chamber of Commerce last month about opportunities for Chinese industries to invest in the area.


Chapel Hill Town Council considers Shortbread Lofts

Local officials hope a new downtown Chapel Hill development might fill a void in affordable rental housing.


300 East Main St. development meets opposition from Carrboro

Ricardo Palao is tired of talking about 300 East Main St. The Carrboro resident said he has been negotiating with developers of the large mixed-use project, which will be home to the town’s first hotel, for the past three years.


Franklin Street businesses see high turnover

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Franklin Street’s high foot traffic has not been enough to attract enough customers to save some businesses.


Kidzu Children's Museum rises above construction delay

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A delay in the construction of Kidzu Children’s Museum’s new location has left the educational play place without a venue.


Orange County election filings have yet to show real race

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With six days left for potential public servants to file for November’s election, the field still lacks true competition.


Economic director post now open as Shope steps down

After five months of working as interim economic development director, Gary Shope has decided to leave his position with Orange County.


NC sees rapid growth in renewable energy industry

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Renewable energy has emerged as a growing industry in the state, according to a recent report by the N.C.


Hillsborough Mayor Tom Stevens announces he will run for fourth term

Although the November elections are still months away, Hillsborough Mayor Tom Stevens announced his decision to run for a fourth term Monday.


Social worker kicks off alderman campaign

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Michelle Johnson starts every morning with a session of meditation on her kitchen floor.


County to consider $100,000 incentive package

The Orange County Board of Commissioners will discuss tonight the details of a possible $100,000 incentive package for the Mebane manufacturing company AKG of America, Inc.


Chapel Hill to address future with new comprehensive plan

While creating a budget for the upcoming fiscal year, Chapel Hill officials set only one new goal: to update the town’s comprehensive plan.


NC Senate explores the possibility of wind farms off the coast

With the largest offshore wind energy potential on the East Coast, North Carolina could make wind farming its first successful renewable energy industry.


UNC Health Care opposes the sale of Rex Healthcare to WakeMed

The latest row between WakeMed Health and Hospitals and UNC Health Care has placed the UNC system and looming state budget cuts at the center of the fray. In a letter to UNC-system President Thomas Ross last week, WakeMed officials offered to purchase Rex Healthcare, a subsidiary of UNC Health Care, for $750 million.


Greenbridge development defaults on loan

It started as an ambitious idea six years ago — to create a sustainable residential development that promotes environmentally friendly living.


Local commerce chamber fastest growing in NC

A recent membership drive established the local chamber of commerce as the fastest growing in North Carolina. The Chapel Hill-Carrboro Chamber of Commerce added 285 new members between April 5 and April 7. The membership drive broke the state record for chamber membership events.


Certified ‘green’ gastropub to come to Chapel Hill

A new environmentally sustainable restaurant will join about 60 other local small businesses that have committed to maintaining green practices. The gastro pub, set to open in a year and a half, will be LEED (Leadership in Energy and Environmental Design)-certified and will be the sixth restaurant under the Chapel Hill Restaurant Group ownership.


Carrboro’s 300 East Main St. parking deck plans approved

Carrboro is one step closer to having its first parking deck after the Carrboro Board of Aldermen approved its design at a meeting Tuesday night.


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