Category Archives: Economic development

The changing face of retail, April 2016 edition

Sears Holdings has announced that it’s closing 68 Kmarts and 10 Sears stores. Among the casualties are five Kmarts in North Carolina: Brevard, Gastonia, Lumberton, Pineville, and Rocky Mount. Another bad day for retail in some of the state’s smaller cities.

Another troubled city, another subsidized stadium to the rescue

Back in May of last year, I was up in Connecticut for my cousin’s wedding. Afterwards my father and I went over to New Britain and had a blast at a Rock Cats AA minor league baseball game. (Fourth row, behind home plate, with the major league scouts sitting a row behind us.) Alas, thereContinue Reading

New Carolina Journal Online features

Don Carrington reports for Carolina Journal Online on unresolved questions surrounding a proposed Randolph County megasite. John Hood’s Daily Journal explains why election candidates ought to be focusing more attention on fiscal responsibility.

Charlotte starts to grow to the west

Charlotte meaning the city itself as well as the suburbs where many people that work there live, has expanded out over the past decades to the north (Huntersville, Iredell County etc.), south (Rock Hill), and east (Cabarrus and Union counties). Charlotte though hasn’t really grown out much to the west. That may finally be aboutContinue Reading

Missing the point on International Champions Cup soccer matches in Charlotte

So the UPoR had a story out the other day on the July 30 International Champions Cup soccer match between Germany’s FC Bayern Munich and Italy’s Inter Milan at Bank of America Stadium titled “Charlotte’s passion for world-class soccer draws iconic European teams.” Does Charlotte really have a passion for soccer? Maybe. But that’s notContinue Reading

When will we see another condo tower in Charlotte?

The Charlotte Observer’s Ely Portillo examines the issue and the answer seems to be that it may happen eventually but only if the right project comes along. Sample quotes: With the cancellation of 1Brevard, uptown’s first planned new condo tower since the real estate crash and recession, it might be a while before another developerContinue Reading

Cautionary economic development story of the moment: Circuit of the Americas

The Circuit of the Americas near Austin, TX is a state-of-art race track that opening in 2012 to host the Formula One United States Grand Prix, other major road racing events, concerts — this is Austin we are talking about — and other events. Unfortunately, things aren’t quite working out so well for the raceContinue Reading

Economic stagnation, presidential politics, tax policy, and more from George Mason’s Cowen

Fixing Obamacare. Improving the federal tax code. Coping with economic stagnation. George Mason University economist Tyler Cowen touched on all these topics and more during a question-and-answer session with the John Locke Foundation’s Shaftesbury Society.  Cowen had no prepared remarks. He spent 48 minutes fielding a range of questions on economic topics. One of them,Continue Reading