Eye center moving to Waverly
CHARLOTTE – Horizon Eye Care announced plans to close its Arboretum office and relocate to Waverly, a 90-acre project under development at Providence Road and Providence Country Club Drive.
The Arboretum location won’t close until the 8,300-square-foot office opens in Waverly’s second 22,000-square-foot medical building at 11835 Southmore Drive.
Kathy Murray, chief operating officer for Horizon Eye Care, said the move helps the firm better serve its expanding patient base. It will offer convenient hours, as well as an optical and contact lens department.
“This will be a full-service, multi-specialty site that eventually will have seven doctors,” Murray said.
Arboretum optometrists Dr. Kala Brewer, Dr. Marc James and Dr. Paul Marvin, as well as ophthalmologist Dr. Judy Hustead, will move into the office. Dr. Stephen Daugherty (pediatric services) and Dr. Miriam Ridley (retina services) will join them.
The new building will be next to Novant Waverly’s urgent care and family healthcare practices.
Pub opening in Ballantyne Village
CHARLOTTE – Blackfinn Ameripub will open in the Ballantyne Village in summer 2016.
The restaurant touts itself as a “new generation of the classic American pub.”
The menu at the uptown Charlotte location consists of burgers, flatbreads, sandwiches, pasta, salads and steaks. Entrées include Iron Skillet Mac-N-Cheese, California Naked Bird, Chicken Parm Sliders, Bacon Wrapped Meatloaf and Mango Avocado Shrimp.
The restaurant will be located in suite A100 on Level 1, joining locations Uptown and in Morrisville.
Firm expects rent to rise
IRVINE, Calif. – HomeUnion identified Charlotte as one of 10 metros with the strongest investment home rental growth in the country.
The online real estate investment management firm analyzed 44 single-family rental housing markets nationwide for the study. San Jose, California topped the list.
Steve Hovland, manager of resource services at HomeUnion, described Charlotte and Austin as two metros “bursting at the seams in terms of economic growth.”
Home Union forecasts Charlotte rent to rise by 5.3 percent in 2016.
“Charlotte has one of the fastest-growing populations nationwide, which has sent both rental and investment demand soaring for investment homes,” Hovland said.
Home lender enters market
CHARLOTTE – Homeside Financial has entered the Charlotte market and welcomed team Lending by Design to its mortgage lending family.
Erin Finnen, Stacy Kimrey, Christina Mauney, Kim Williams and Gina Kirkland are part of the team.
“As Homeside continues to grow nationally, we go to great efforts to ensure we open new markets with the right type of people,” Senior Vice President Charles Shackelford said in a press release. “I feel that we have hit a homerun with team LBD.”
Since opening in late 2013, the mortgage lender has grown to more 12 regional locations, including an office at 2820 Selwyn Ave.
Cato Corporation has big year
CHARLOTTE – The Cato Corporation reported March 17 net income of $11.8 million for the fourth quarter that ended Jan. 30, an increase from $9.2 reported in January 2015, as well as major milestones.
“In 2015, Cato delivered its highest earnings and earnings per diluted share in company history,” CEO John Cato said. “We were also able to achieve over $1 billion in sales, a major milestone for the company.”
The company plans to open 23 new stores this year and anticipates closing up to 17, though only one specific store has been identified.
The firm specializes in value-priced fashion apparel and accessories, operating three concepts, “Cato,” “Versona” and “It’s Fashion.”
Hearing set for senior housing
CHARLOTTE – The hearing for a luxury senior housing project on Randolph Road is set for April 18.
The six-acre site, located between Sloane Square Way and Rutledge Avenue, is used by the Scottish Rite Bodies of Charlotte and a single-family home. Greystar GP II LLC hopes to rezone the property to urban residential to create its vision of 198 active-adult age-restricted units in two buildings.
A three-story building will be no more than 40 feet. A four-story building, which includes a basement, won’t exceed 50 feet. Parking will go behind the buildings.
Minutes from a community meeting describe the project as “a highly amenitized luxury community similar to a high-end boutique resort/hotel.”
PayPal opening global center
CHARLOTTE – PayPal will open a global operations center in Charlotte, creating 400 new jobs and investing $3.6 million by the end of 2017.
PayPal has 179 million active customer accounts that use its digital and mobile payments platform. The San Jose-based firm reported $9.2 billion in revenue for 2015.
“With its strong ties to the financial community and technology savvy talent pool, Charlotte is an ideal fit for this new operations center,” said John McCabe, senior vice president of global operations at PayPal.
Charlotte Chamber of Commerce President Bob Morgan said the company’s nationally known brand will enhance the city’s reputation as a top city for tech talent.
Franchise lays welcome mat
CHARLOTTE – Welcomemat Services has opened its first franchise in Charlotte, serving areas such as SouthPark, Montford Drive, Ballantyne, Cotswold, Dilworth, Myers Park and Matthews.
While Welcomemat Services was founded in Charlotte in 2003 before moving to Atlanta, this marks its first franchise in Charlotte. The firm gives new families a gift certificate package to local businesses.
Erin Hunter owns Welcomemat Services of Charlotte. She worked in marketing and sales for Welcomemat from 2006 to 2008.
“After seeing firsthand how Welcomemat Services started and where they grew, I’m excited to be back with this company in an ownership role and to be part of its continued growth,” says Hunter.
CHS names top medical officer
CHARLOTTE – Carolinas HealthCare System recently welcomed Dr. Gary Little as vice president and chief medical officer of Carolinas Medical Center.
Little will partner with Dr. Eugene Christian, chief medical officer of Carolinas Medical Center-Mercy, to oversee medical staff interactions and initiatives.
Since 2009, Little has served as medical director for George Washington University Hospital.
“I am inspired to join a large, integrated healthcare system that is aspirational in its goal of becoming a leader in the transformation of healthcare delivery – not only in the U.S., but in the world,” Little said.