The evolving Charlotte: News on Bad Daddy’s, S. Blvd. apartments, Wells Fargo and more
The winds of change are blowing mighty heavy in Charlotte.
We just told you about five cool spots in the Queen City possibly getting axed because everyone’s building apartments like gangbusters.
Well consider yourselves lucky because there’s more for us to share.
Here’s a roundup of some of the things happening in banking, food and yes, construction, that might affect your life:
1) Big news for Bad Daddy
News hit Tuesday that the popular burger bar chain was going to be sold to Good Times Restaurants Inc. for $21 million. Good Times, which is based in Colorado, already owned 48 percent of Bad Daddy’s.
Co-founder Frank Scibelli is excited, saying the impending acquisition gives him the chance to do other things (like start on an American comfort food concept). And he wants to keep growing Midwood Smokehouse.
Bad Daddy’s got bought out. Just don’t tinker with my Western burger, please http://t.co/ciLZZTVvz0
— Sergio Tovar (@sergiotovar) April 28, 2015
2) Stomp The Yards
South Boulevard is getting….you guessed it, more apartments. Gvest Capital Partners is building The Yards at Arrowood Station, south of Arrowood Road near the Lynx Blue Line station. Plans call for 245 units spread across nine buildings.
Gvest Capital, by the way, is the same group that built the Yards at NoDa.
@ESPortillo Nuggets of wisdom/truth by Ely. Noted.
— Vivian Tong (@tongandrice) April 28, 2015
3) Wells Fargo gets a growth spurt
Michelle Lee, Wells Fargo’s new Eastern U.S. community banking head, says we should expect the bank’s influence to keep growing in Charlotte.
The city’s already the San Francisco-based company’s largest employment hub (23,000 Wells Fargo employees live here). Add Lee to that number as she has relocated to the Queen City, as well, and said the city is a “wonderful market” for adding other team members.
4) Yeah baby, Salsarita’s back
You’ve been salivating for it. Now, you have it.
Salsarita’s Fresh Catina will reopen in Concord Mills on Friday after renovations.
So, anyone up to carpool?
5) More mixed use for midtown
Pappas Properties is apparently looking to turn this lovely piece of architecture across from the Metropolitan into a mixed-use, multi-building development on the 5.4 acres that belongs to the Charlotte Regional Realtor Association.
People aren’t really talking about it yet but some public records filed Tuesday show that the project is in its very early stages.
This story was originally published April 28, 2015 at 2:50 PM with the headline "The evolving Charlotte: News on Bad Daddy’s, S. Blvd. apartments, Wells Fargo and more."