With a Deadline to Move Looming, Most Chatham Estates Residents Are Still In Limbo
Residents have less than two months to relocate before their Cary mobile home park is sold to developers. In one of the Triangle’s most expensive towns, nearly 100 families have yet to move.
Morrisville Is Considering Making It Easier for Companies to Get Tax Breaks
A proposed change to Morrisville’s economic incentives policy would help it stay competitive with nearby towns.
Brought to You By Japan, But Made in Mebane
Morinaga America is expanding its North Carolina factory to meet the growing demand of Americans obsessed with HI-CHEW.
New Raleigh Nonprofit Uses Small Cash Grants to Lift People Out of Homelessness
According to Raleigh city officials, unsheltered homelessness in Wake County has doubled since 2020.
Feds Fine Durham-Based Energy Efficiency Company $722 Million
American Efficient says it incentivizes energy savings. One FERC commissioner claims “their entire business is a scam.”
Hunky Dory Opens Record Store in Downtown Apex
Record shop owner Michael Bell said he chose Apex as the store’s fourth location for its charm.
Why Raleigh City Leaders Won’t Commit to a $200 Million Affordable Housing Bond
While council members support increasing Raleigh’s affordable housing stock, they cautioned against overburdening taxpayers and asking for too much on November ballots.
More Business & Economy Coverage
Sheldon Mitchell Reflects on a Decade Leading Urban Ministries of Durham
After ten years working with Durham’s primary homeless shelter, Mitchell is moving on to serve as CEO of Big Brothers, Big Sisters of the Triangle.
Duke Bought a Duplex That Housed a Thriving Community Space. Within Months, It Was Gone. Was That a Coincidence?
Duke has razed hundreds of homes over the decades to build out its Central Campus. A recent purchase on Swift Avenue is resurfacing questions about what that growth costs Durham.
Durham Aims for Affordable Housing on Old Police HQ Site
In a step forward for the long awaited project, the city is expected to review potential developers for 80 units of affordable housing at the Chapel Hill Street site—again.
Apex Is Well-Positioned to Attract Large Businesses, But Faces Headwinds, Experts Say
A lack of large land tracts, national instability, and AI are all factors the town will have to grapple with, council members discussed during a work session on future economic development.
Morrisville to Launch Affordable Housing Program for Government, School Employees
The three-year pilot program offers money to lower the cost of rent and cover security deposits.
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