In our weekly roundup of business news in brief, Jeff Kaplan takes the helm of Venture Asheville, while local printing concern Allegra Marketing Print Mail was named No. 16 on the Top 100 Quick and Small Commercial Printers compiled by Printing News in its annual survey.
At the Asheville Area Chamber of Commerce’s 18th annual Metro Economy Outlook on Oct. 19, economic futurist Ted Abernathy of Raleigh said Asheville’s economy is a success story among moderate-sized metro areas.
With jobs in short supply and rents sky-high, the clichéd story goes, highly educated professionals are reduced to waiting tables as they scramble to make ends meet. The numbers, though, show a somewhat more nuanced picture.
At its Nov. 11 meeting, City Council approved a request to alter terms of the city’s support for a troubled mixed-use development on Eagle and Market Streets. As part of the modification, the city agreed to allow the developer to make 24-30 of the project’s 62 units into workforce housing. Originally, all 62 units were designated affordable housing.