When Asheville City Council voted 5-1 this week to give $90,000 to Moogfest (including $40,000 in cash), it marked the latest chapter in a long Asheville debate: Whether it’s business or festivals, who should get money from the city?
Asheville City Council passed $90,000 in incentives for Moogfest this evening, both in cash and services, with the possibility of a partnership continuing for years. However, while its proponents touted it as an important investment in the city’s future growth, one Council member asserted that it’s an unreasonable amount of taxpayer dollars to go to an event not entirely open to the public.
Budget time! Project X! All that and more at tonight’s Asheville City Council meeting. Follow live Twitter coverage here.
The uncertain budget meets the economic development project that no one can talk about. Tonight, the public gets a chance to weigh in on the city of Asheville’s proposed budget and the mysterious “Project X” at tonight’s Asheville City Council meeting.
Part of North Carolina Gov. Pat McCrory’s plans to turn the Department of Commerce into a public-private partnership that would be run like a business, Senate Bill 127 would mandate the dissolution of regional organizations like AdvantageWest and strip it of state funding. It passed a second reading in the Senate Monday night, May 13, by a 31-17 vote.a
As the local creative sector gains financial clout, tensions loom between art as a business, an economic-development tool and a means of personal expression.
Six western North Carolina nonprofits are among 28 state organizations that will share $5.85 million in grants from the N.C. Community Development Initiative over the next three years aiming to spark economic growth and job creation in some of the state’s most distressed areas.
Asheville’s creative culture fosters a lot of good business ideas, but big challenges remain to making many of those ideas come to life. That was one of the thoughts from Mark Erwin, president of Erwin Capital and a former U.S. Ambassador, as he spoke to about 375 attendees at AdvantageWest’s Nov. 19 Economic Summit. He joined a panel of three other experts in a discussion that focused on defining and cultivating business innovation. Here’s some of the highlights of what each of the panelists had to say.
AdvantageWest is hosting its annual Economic Summit this evening at Diana Wortham Theatre in downtown Asheville. This post features live dispatches from the event via Twitter using the hashtag, #avlbiz
A year after Linamar made headlines with the announcement that it would set up shop in Asheville, the Canadian auto-parts manufacturer is expanding, adding 250 more jobs and $75 million in facilities and equipment.
Crews were working today, April 24, on installing new steel for a tasting-room expansion at the Lexington Avenue Brewery.
(photo by Bill Rhodes)
As part of the deal to bring a new, East Coast brewery here, the city of Asheville will give New Belgium $3.5 million in tax reimbursements over seven years, provided it goes through with its plans to invest $175 million in building the new facility. The city will also make infrastructure improvements to the area costing more than $500,000.
PRESS RELEASE In conjunction with the Economic Development Coalition for Asheville-Buncombe County (EDC), New Belgium Brewing Company announced the selection of Asheville, North Carolina, to build its first expansion brewery outside of Fort Collins, Colorado. The nation’s third-largest craft brewer plans to invest $175 million over seven years to build a state-of-the-art brewery in Asheville’s […]
Craft brewer New Belgium will build its East Coast facility in Asheville, officials announced at the Chamber of Commerce.
(Photo by Anne-Fitten Glenn)
This morning, city officials, crews unloading hay bales, state troopers and Asheville Police were swarming the Craven Street property rumored to be under contract for sale to craft brewer New Belgium. And this afternoon Gov. Perdue’s office announced she’ll come to Asheville Thursday to make an “economic development announcement.”
The massive 35,000-square-foot building adjacent to the Lexington Avenue Brewery in downtown Asheville is getting a major overhaul, with a new taproom, restaurant, beer production facility, condos and stores likely to open by the end of the year, reports LAB co-owner Mike Healy.
Jones urges Asheville Middle School renovation Mandatory trash pickup discussed The Buncombe County Board of Commissioners huddled with staff Jan. 31 to discuss past accomplishments and current priorities. Here's a look at some of the considerable ground they covered during their four-hour retreat. Where we’ve been County Manager Wanda Greene began by handing the commissioners […]
This post features dispatches via Twitter and other information unveiled at Gov. Bev Perdue’s economic development announcement in Mills River. After months of speculation, she joined representatives from Sierra Nevada Brewing Co. to announce the large craft brewery will build a new production facility in the area. Photo of Gov. Perdue (center) toasting with brewery founder Ken Grossman (left) and his son, Brian, who will move to the area to help manage the new facility. (Photo by Max Cooper)
As part of this week’s cover package on the local beer business, we prepared an extensive timeline of the high points in its evolution, from when the Smoky Mountain Brewery first opened its doors in 1993 in Waynesville to Asheville Brewing Company’s current plans to start offering the area’s first canned brews.
With rumors flying about local governments’ closed sessions on economic development (a New Belgium brewery?), government incentives for private business are once again in the news. Whether they’re spat on as “corporate welfare” or lauded as “job creation,” they remain controversial as ever.
Follow live Twitter coverage of the keynote address at the Southeast Economic and Workforce Development Conference, where U.S. Assistant Secretary of Commerce for Economic Development John Fernandez and U.S. Assistant Secretary of Labor for Employment and Training Administration Jane Oates will talk on the overall economic situation and efforts to promote job growth.