CIty of Asheville will give New Belgium $3.5 million in incentives­, infrastruc­ture improvemen­ts

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.

Beer buzz: Workers, troopers seen at rumored New Belgium location; Gov. Perdue to make announceme­nt

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.”

Space race

Big changes are coming to downtown Asheville’s North Lexington and Rankin avenues, including new restaurants, office space, condos, galleries, a courtyard and a terrace, property owner John Lantzius reveals. The Lantzius family, key players in Asheville’s downtown revitalization since the late 1970s, own several properties in the area. In 2004, John’s sister, Dawn Lantzius, was […]

The Beat: No place like home

The Asheville area’s natural beauty and friendly beer culture lured Sierra Nevada Brewing Co. to Mills River, despite bigger economic-incentive packages dangled by other suitors, says company founder Ken Grossman. A celebratory mood reigned Jan. 26 as company executives, local business leaders and elected officials gathered near the 90-acre site on the French Broad River, […]

Locals gather to demand federal investigat­ion into banking industry

About 15 people gathered Jan. 19 in Pritchard Park across from the Bank of America and Wells Fargo offices in downtown Asheville to protest Wall Street’s involvement in the foreclosure crisis and to demand that President Barack Obama hold the big banks accountable by ordering a federal investigation into their practices. photo by Jake Frankel