Plans

Raleigh tech firm Pendo moves HQ, plans on hiring 150

Raleigh-based tech startup Pendo is moving its headquarters into the Wells Fargo Building on Fayetteville Street, and plans on hiring 150 employees by the end of 2018. Pendo, which has been operating on South Dawson Street in downtown Raleigh, will lease 43,000 square feet of office space in the 30-story building. Formed in 2013, the […]

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NCDOT plans rail improvements between Charlotte and Wilmington

The N.C. Department of Transportation plans to make track and signal repairs along nearly 7 miles of CSX rail lines in Scotland and Bladen counties. The stretch is part of a busy freight line between Wilmington and Charlotte. The project, which comes as CSX plans to build a $272 million intermodal terminal in Rocky Mount, […]

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Developer plans 10-story hotel in uptown Charlotte

Mayfair Street Partners has purchased the second hotel site at Crescent Communities’ Stonewall Station mixed-use project in uptown Charlotte for $4.5 million. The Georgia-based developer plans to build a 10-story, 181-room luxury hotel on the 0.4-acre site on South Caldwell Street. The property is adjacent to the Whole Foods and 459-unit apartment building under construction […]

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Duke Energy Carolinas seeks 13.6% rate hike, plans to cancel Lee nuclear project

Duke Energy Carolinas has asked the N.C. Regulatory Commission to allow it to raise rates for N.C. electricity customers by an average of 13.6%, effective April 1. The increase would allow the utility to recover nearly $680 million that Charlotte-based Duke Energy has spent since 2015 to clean up the utility’s coal ash ponds in […]

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