The Good News Report

[Hushpuppy321]

3 minutes ago, KJHburg said:

total Raleigh Durham Cary office market the core counties of Wake Durham and Orange 

Wholly Crap - Thats a very large expanse of area.  Understanding that, I can't believe how large the Charlotte Total Office Market Size is.  Thanks!

[KJHburg]

US News and Report which exists only online now ranked 150 metro areas of all sizes and came up the the best.

Charlotte is #20

Raleigh Durham #2 which they combined 

Charlotte competitor cities compared to Charlotte 

Austin #5 further down the list is Nashville #30, Tampa #32, Dallas Fort Worth #37, Atlanta #37   these are the major cities Charlotte competes with so only Raleigh Durham and Austin rank better.  

Best Places to Live in the U.S. in 2021-2022 | Places Rankings | U.S. News Best Places (usnews.com)

as I have said I look at these studies in context how many times does Charlotte fare in the top and we do good.   This list was of 150 metro areas many much smaller than ours. 

[CltFlyer]

21 minutes ago, KJHburg said:

US News and Report which exists only online now ranked 150 metro areas of all sizes and came up the the best.

Charlotte is #20

Raleigh Durham #2 which they combined 

Charlotte competitor cities compared to Charlotte 

Austin #5 further down the list is Nashville #30, Tampa #32, Dallas Fort Worth #37, Atlanta #37   these are the major cities Charlotte competes with so only Raleigh Durham and Austin rank better.  

Best Places to Live in the U.S. in 2021-2022 | Places Rankings | U.S. News Best Places (usnews.com)

as I have said I look at these studies in context how many times does Charlotte fare in the top and we do good.   This list was of 150 metro areas many much smaller than ours. 

I'm not knocking their methodology, but I'm certainly question Huntsville at 3. 

While it would be a very nice city to raise a family in with good job opportunities,  particularly in the aerospace industry.  (The Cummings Research Park is the 2nd largest research park in  the US (only behind RTP) and 4th largest in the world.) as well as having a great outdoor mall.  It is lacking in other areas in terms of amenities.   I suppose Nashville is only an hour and half drive away though.  

Having said that.  It is certainly an unassumingly affluent city to be in a state with the reputation of Alabama, and is a lovely city to visit.  I would recommend the world famous Space and Rocket Center (Home to the famous Space Camp).  If you are ever in the area.  

Source- I lived in the Huntsville-Madison area for a year in the 2015-2016.  

[RANYC]

39 minutes ago, KJHburg said:

US News and Report which exists only online now ranked 150 metro areas of all sizes and came up the the best.

Charlotte is #20

Raleigh Durham #2 which they combined 

Charlotte competitor cities compared to Charlotte 

Austin #5 further down the list is Nashville #30, Tampa #32, Dallas Fort Worth #37, Atlanta #37   these are the major cities Charlotte competes with so only Raleigh Durham and Austin rank better.  

Best Places to Live in the U.S. in 2021-2022 | Places Rankings | U.S. News Best Places (usnews.com)

as I have said I look at these studies in context how many times does Charlotte fare in the top and we do good.   This list was of 150 metro areas many much smaller than ours. 

After seeing Huntsville at #3 and Fayetteville at #4, I stopped reading.  

I need to see a conflicts of interest policy, and a list of sponsors behind this vote and edition.

Edited July 15, 2021 by RANYC

[rancenc]

Great news throughout the state from this report!

https://www.wraltechwire.com/2021/07/22/nc-secretary-of-state-new-business-formation-gone-through-the-roof-in-2021/

[atlrvr]

Quote

 

Better.com is years ahead of schedule on its Charlotte hiring targets, this month reaching 1,000 employees. It's been just two years since the company opened an office here.

New York-based Better.com, a digital mortgage lender, landed in Charlotte as part of a partnership with Ally Financial Inc. (NYSE: ALLY) on a pilot program. At the time, Better CEO Vishal Garg pledged to hire 1,000 people within five years, or "probably way beyond that." No incentives were involved in the firm's local expansion.

...

The firm plans to set up a new campus strategy in Charlotte. The office will be within the Interstate 277 beltway, likely in the uptown area, Clark said. Better.com wants employees to have access to public transportation. She declined to give further details but noted that all employees are scheduled to be in the office by January 2022.

 

 

https://www.bizjournals.com/charlotte/news/2021/07/23/better-com-reaches-local-hiring-target-1000-people.html

 

Edit:  Oops, see that KJ posted this in the Bank Town news, but can't hurt to repeat good news!

[KJHburg]

From Business Facilities magazine an economic development and corporate real estate magazine.  As I have said when you again and again come in top or near the top of the rankings it does mean something.  

Business Facilities' 17th Annual Rankings Report

NC overall #2 best business climate after VA
#8 best state for food processing
#7 in industrial output
#4 tech talent pipeline after VA CA NY
#6 customized training
#8 in semiconductors
#5 in biotechnology
#3 in installed solar capacity
#10 best business tax climate  only SE state is FL at #5
#10 fastest growing state 
#6 in foreign direct investment
Raleigh #2 millenial magnets
Charlotte # 6 corporate HQ location only much larger metro areas ahead of us NY Chicago Houston Atlanta Dallas
Charlotte #3 best business climate large metro after only Dallas and Phoenix
Charlotte #7 US city in Fintech 
Raleigh #4 tech hub growth potential

[KJHburg]

This is somewhat good news that tech companies are still leasing office space around the country according to story from Ashley Fahey.    Credit Karma for example will be leasing more space in Ballantyne for their expansion.     Tech companies are been on the forefront of shedding office space so this is important not all feel that way like Apple which is building a 1 M sq ft campus in RTP or even Credit Karma here in Charlotte. 

More office leases were signed by technology companies than any other industry in Q2 - Charlotte Business Journal (bizjournals.com)

""The technology industry helped pave a path toward mainstream hybrid or "remote-first" workplace models, especially in the wake of the Covid-19 pandemic.But tech companies are still leasing the most office space across the country — by a wide margin. In the second quarter, technology companies tracked by commercial real estate firm JLL Inc. leased 3.4 million square feet of office space. That's compared to 2.3 million square feet leased by the finance and insurance industry, the second-highest sector in Q2. Still, office-leasing velocity among all industries is well below pre-pandemic levels — down 44% from Q2 2019, according to London-based commercial real estate firm Savills PLC. Nationally, companies in technology, advertising, media and information make up about 30% of all year-to-date office leasing activity, the firm found.""

[KJHburg]

Coming soon  and the only mayo you will find in my home.  No Duke's no mayo! 

 

[rancenc]

Could be a positive impact on malls and communities that have lost a JC Penney, Sears, or both....!

https://www.wsj.com/articles/amazon-and-giant-mall-operator-look-at-turning-sears-j-c-penney-stores-into-fulfillment-centers-11596992863?mod=hp_lista_pos3

[Blue_Devil]

17 minutes ago, rancenc said:

Could be a positive impact on malls and communities that have lost a JC Penney, Sears, or both....!

https://www.wsj.com/articles/amazon-and-giant-mall-operator-look-at-turning-sears-j-c-penney-stores-into-fulfillment-centers-11596992863?mod=hp_lista_pos3

I wonder if they would have a storefront in these cases. With Amazons most popular products. 

[#1Son]

49 minutes ago, rancenc said:

Could be a positive impact on malls and communities that have lost a JC Penney, Sears, or both....!

https://www.wsj.com/articles/amazon-and-giant-mall-operator-look-at-turning-sears-j-c-penney-stores-into-fulfillment-centers-11596992863?mod=hp_lista_pos3

Wasn't able to get behind the pay wall but I wonder if Kohl's department stores are involved in this as well.  I went in to Kohl's last week and the store had an Amazon return drop off location.  I wasn't paying attention to the signs and thought how convenient to put a checkout register in the middle of the men's department.  

[KJHburg]

not sure where to put this but I will put it here.  Local water upstart eliminates plastic bottles.  Based in Davidson.

No more plastic water bottles? NC startup's tech delivers pure H2O without the plastic | WRAL TechWire

[BarrenLucidity]

On 8/2/2021 at 2:00 PM, Blue_Devil said:

I wonder if they would have a storefront in these cases. With Amazons most popular products. 

Maybe Amazon would create an Amazon GO or one of their five star storefronts. They are fantastic stores. 

[KJHburg]

Passport the parking app tech company subleased 2 of their floors in First Citizens Bank.  Why is this good news? it shows as some tech companies and others go with more remote and lessen their space (Passport will keep 1 floor there) others are taking down more office space.  

""Mobility software firm Passport has secured a tenant to sublease its uptown office space at First Citizens Bank Plaza. Spot, a logistics and technology company, confirmed on Monday it is taking over about 26,500 square feet on the 22nd and 23rd floors.  Passport, which declined to share details, still has its 10th-floor space in the tower at 128 S. Tryon St.  The sublease starts on Sept. 2 and runs until 2025. Spot plans to move employees in as early as the end of that week, said Alexa Amatulli, director of marketing at Spot. No financial details were provided.  Amatulli said growth was the driver behind the move. The new agreement more than triples Spot's office space. Its current 8,400-square-foot office is at 1300 S. Mint St., another former Passport space at the historic Textile Mill Supply Co. Building. Spot moved in there about three years ago.""

Third Party Logistics Provider | Single Source Logistics | (spotinc.com)

Spot subleases Passport's uptown office space at First Citizens Plaza - Charlotte Business Journal (bizjournals.com)

[KJHburg]

Atom Power a home grown energy-tech firm will open a manufacturing plant in the Charlotte region next year.

Charlotte Inno - NEWSMAKER: CEO Ryan Kennedy details Atom Power's manufacturing plant plans (bizjournals.com)

UNC Charlotte born in 2014.   This is local tech upstart success story that is about to go much bigger.

Atom Power — Digital Power & Energy

[rancenc]

The state of NC awarded array of grants for economic development for communities primarily in the eastern part of the state.

https://www.nccommerce.com/news/press-releases/governor-cooper-announces-21-grants-rural-communities-attract-539-new-jobs-and

[Nick2]

Charlotte is moving forward with renaming nine streets that are named after confederate sources. Jefferson Davis st is now officially Druid Hill Way and the other eight will be changed soon.

Stonewall is one of the ones getting the axe. Excellent idea but it is a shame that it took until 2021 to do it.

https://www.wbtv.com/2021/02/09/charlotte-city-council-moving-forward-with-plan-rename-streets-named-confederate-figures-2/

I think they should go with Gantt st for the replacement. Or maybe Jordan Ave.

Edited August 19, 2021 by Nick2

[KJHburg]

I don't think we should name any street for a person  that is still living and that includes Mr Gantt and Mr Jordan.  Charlotte did this once with the Bob Walton Plaza a county owned building then child abuse allegations came out against him. 

Edited August 20, 2021 by KJHburg

[RANYC]

1 hour ago, KJHburg said:

I don't think we should name any street that is still living and that includes Mr Gantt and Mr Jordan.  Charlotte did this once with the Bob Walton Plaza a county owned building then child abuse allegations came out against him. 

Agree.  Numbers and Plant-Life names, please.

[videtur quam contuor]

I may have related this here before. Years ago the CMS Records department was in the "Walton" building. A student asked where he could access his school records after he graduated. I told him and he looked at me oddly and said "The BILL Walton building?" I said Yes.

[go_vertical]

C'mon guys, Muggsy Street just rolls off the tongue. 

[Nick2]

@KJHburg that makes sense to not name it after living people, I didn't think about that

[rancenc]

The economic impact of the Main Street program in NC for the last 41 years! Impressive!

https://www.nccommerce.com/news/press-releases/main-street-tips-over-4-billion-investments-north-carolina-communities

[KJHburg]

Everyone needs to vote (at least once a day) on the best things made in NC!

Vote Now - Coolest Thing Made in NC   Make your vote count!  

hint my first vote was for one of these (and will be using mine next week at HHI) and tomorrows vote will be for the 2nd photo. 

Made and developed in NC!