Business and Economic Development

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Main Street partially closed as water and sewer lines to 300 E. Main

Carrboro drivers might face traffic congestion on East Main Street this weekend as a redevelopment project five years in the making moves forward.



Hampton Inn to provide a boost to local hotel industry

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As UNC seniors prepare to don Carolina blue gowns, local hotels are also gearing up for graduation season and the influx of families, alumni and visitors that it brings.



Church Street opening delayed until August

A request from the developers of the 140 West Franklin project has led the town to delay reopening Church Street to traffic until mid-August, causing many Chapel Hill residents and students to grow tired of the wait.



Chapel Hill's high rent and lack of parking deters start-up companies

Thirteen years ago, a UNC professor started a company in Chapel Hill that he said he hoped would grow in the vibrant, urban environment — but the area’s rising rent prompted him to move.



All up in your business for March 14, 2012

The Cave, a tavern on Franklin Street which has been there for 44 years, is up for sale, but has yet to receive any offers.



Carrboro petition could halt progress on the proposed CVS

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A petition filed last week with the Carrboro Planning Department could jeopardize a proposed CVS that would sit at 201 N. Greensboro St.



Chapel Hill’s economic development officer resigns, accepts post in Raleigh

After spending five years in Chapel Hill, Economic Development Officer Dwight Bassett is moving on to bigger places — only about 40 minutes up the road.



300 E. Main St.’s $20 million, mixed-use development enters first phase

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After years of delays, crews have finally begun demolishing Carrboro buildings to make room for the town’s first hotel.



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.