Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for Business North Carolina Vol. 34 Issue 8, Aug 2014
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Architects have cited the Reynolds Building, which opened in 1929 as the tobacco company's headquarters, as \"one of the best examples of art deco skyscraper design. \" Developers will spend $50 million turning the 22-story building into 120 apartments on the upper floors and a 211-room hotel on the lower ones. The building will reopen in 2016.
Campbell reviews the life and work of developer Homer Wright. Wright, now 89, built the top-selling NC coastal community--St. James in Brunswick County. He and his partners bought the original 2,500-acre tract in 1983. St. James now has about 4,600 property owners. St. James has four golf courses, a beach club, amphitheater, and marina. It was incorporated into a town in 1999.
Chris Matteo quit his job managing money in Chapel Hill to become an oyster farmer on Chadwick Creek near Bayboro on the Pamlico Sound. He started planning the venture in 2010 when he and his wife Kelly purchased a 110-acre farm in Pamlico County. In 2013 he quit his job and began seeding oysters. His company does business under the name Chadwick Creek Oysters. Martin reports on his progress.
The state's top 75 public companies are ranked by their June, 2014, market value. Bank of America retained its 2013 position, followed by Duke Energy and Lowe's in second and third places respectively. Ten companies dropped off the new rankings--an action which brought ten newcomers aboard.