Economic Development

The Raleigh-Durham Airport Authority has selected real estate firm Pacific Elm Properties to work on a plan to redevelop a 136-acre tract of land adjacent to Lake Crabtree County Park.

Japanese medical device company Nipro plans to build its new American headquarters and manufacturing plant in Greenville.

The $6 million Harnett Regional Jetport Terminal opens with the goal of bringing more business to the county.

The Carolina Hurricanes said the governing body for PNC Arena has approved a development agreement to create a long-discussed mixed-use district around the arena. The project includes entertainment, retail and office space, as well as a music venue, apartments and a hotel.

Mayor Billy Hammond and other town leaders came up with a dramatic plan to address repeat flooding: build a whole new downtown-style commercial district a few blocks up the street on higher ground.

East of Raleigh, the once sleepy suburb of Wendell ranked as the fastest-growing town in North Carolina between 2020 and 2021, with a population that increased by 16% in a single year.

While North Carolina’s urban areas are seeing rapid growth, more than 20 of the state’s 100 counties have seen their population decrease in recent years as residents move away for better opportunities elsewhere. Those population declines are sharpest in northeastern North Carolina.

Companies announced 33 projects this year that will total $2.1 billion of investments and more than 2,700 new jobs in life sciences and related industries, according to a new report.

A new effort in Greensboro hopes to woo young people back to the third-largest city in North Carolina.

The inventor of gross domestic product — the sum of all goods and services of a particular nation — warned that it was not a good measurement of human…