Five Reasons I’m Encouraged About the Research Triangle Region’s Future

January 13th, 2017

By: Chris Johnson

News & Observer

Op-Ed

Last year, the world said goodbye to a long list of entertainment icons, Britons opted to leave the European Union and an alarmingly caustic tone crept into our own national politics.

Closer to home, a deadly hurricane and massive forest fire punished North Carolina’s landscape. HB2 made the state’s economy ground zero in the latest culture wars. The social legislation complicated the richly competitive process by which urban destinations like Durham and Raleigh vie for Knowledge Age companies and workers.

Still, there is much to be optimistic about regarding the long-term direction of the Research Triangle region in 2017 and beyond. Here are five reasons I am hopeful about our future:

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McCandless Crossing Shopping Center Near Capacity…

November 22nd, 2016

by: Tony LaRussa

Trib Live

Except for a few storefronts and a parcel of undeveloped land, the sprawling McCandless Crossing shopping center along McKnight Road is near capacity, according to the project’s developer.

The latest addition to the mixed-use complex in McCandless — Paint Monkey, which features painting classes and parties — opened earlier this month, said Anna Dougherty, spokeswoman for AdVenture Development, based in Selma, N.C.

In October, a Texas Roadhouse steakhouse opened along with the independently owned Rue Boutique, which sells apparel for men and women, beauty products and home furnishings. Since the spring, a Deer Creek Winery outlet, the Gifted Hands Gift Shop, Burgatory, Chipotle and The Joint chiropractic center have been added to the mix.

To read the full article as it was printed in the Trib, please click here.

Deer Creek Winery Prefers Centers

November 21st, 2016

by: Beth Mattson-Teig

Shopping Centers Today magazine

Anyone seeking to sample some of Deer Creek Winery’s roughly 20 varieties will come up dry at the local liquor store or bottle shop. A search over at the local shopping center, however, could yield a happy result.

Rhonda and Denis Brooks knew in 2009 when they launched their Pennsylvania-based winery that they wanted to interact directly with their customers, so that they could share their stories and their passion for wines. But a visit out to the nearly 100-acre winery, in Shippenville, Pa., some two hours from Pittsburgh, was anything but convenient for many. The winery would have to go out to these customers, as it were. “We started with the retail locations because people were asking us for them,” said co-owner Rhonda, who is married to Denis and is speaking for this article. “We kept hearing people say, ‘Oh, I wish it was closer.’ ”

The couple tested their mall strategy in 2010 with a kiosk at Clarion (Pa.) Mall that wound up doing very well. Today, besides the main winery, the company operates five stores across the state, the most recent of which opened in September at McCandless (Pa.) Crossing, about 10 miles from Pittsburgh. The others are at Beaver Valley Mall, in Monaca; Clearview Mall, in Butler; Kohl’s Plaza, in Hermitage; and The Mall at Robinson, in Pittsburgh.

“We had several national retailers to start off the [McCandless] project, and then we were really looking for some smaller businesses to bring that local flavor into the development,” said Anna Dougherty, marketing and social-media coordinator for Adventure Development, developer of the 1.2 million-square-foot, mixed-use McCandless Crossing project. Deer Creek Winery not only fit the bill but also offered shoppers an interesting experience, Dougherty says.

To read the full article, please click here.

Rue Boutique Now Open at McCandless Crossing

November 7th, 2016

AdVenture Development is pleased to announce that Rue Boutique opened on Monday, November 7 at McCandless Crossing.  Rue Boutique is an independently owned and operated high-end boutique.  Rue Boutique sellsf men’s and women’s apparel, beauty products, and home furnishings. Rue Boutique is located between European Wax Center and Burgatory at 730 Providence Boulevard.   rue-boutique

Texas Roadhouse Opening at McCandless Crossing

October 20th, 2016

trhAdVenture Development is pleased to announce that Texas Roadhouse will be opening at McCandless Crossing on October 24, 2016 at 4:00 pm.  Texas Roadhouse is located on Duncan Avenue between LA Fitness and Dentistry For Kids.  Texas Roadhouse is known for their hand-cut steaks, “fall-off-the-bone” ribs, and “made-from-scratch” sides.

Situated at the corner of Duncan Avenue and McKnight Road, McCandless Crossing is a 1.2 million square foot mixed-use development built to synergize the surrounding businesses, organizations and community.  For more information on McCandless Crossing, please visit www.mccandlesscrossing.com.

New Businesses Coming to McCandless Crossing

August 29th, 2016

By: Christine D’Antonio, KDKA-Pittsburgh

…At McCandless Crossing, Texas Roadhouse is quickly taking shape and three more tenants are working quickly on their spaces.

Rue Boutique will settle into the space between Burgatory and the European Wax Center. Across the street, Deer Creek Winery is well on the way in the shop between Hello Bistro and Gifted Hands.

While in the first watch corner of the crossing, Paint Monkey is setting up shop, getting ready to host the growing craze of wine and painting parties.

As for when things will be opening, they are hoping to be cooking steaks at Texas Roadhouse by mid-October. As for Rue, Deer Creek, and Paint Monkey, they all expect to be open by Nov. 1.

To read the full article on KDKA’s website, please click here.

For more information on McCandless Crossing, please visit www.mccandlesscrossing.com.

Economic Development Trip

August 1st, 2016

A delegation of twelve community leaders from Johnston County traveled to Covington, Georgia recently to learn about the impact that major economic development projects have on local communities.

“It was a great learning experience,” said Rick Childrey, president of the Greater Smithfield-Selma Area Chamber of Commerce. “The Novo Nordisk and Grifols expansions will have a positive effect on every business in Johnston County.”

Novo Nordisk has just started construction of a $1.8 billion insulin-production facility across Powhatan Road from its current plant. Grifols is adding a $250 million addition to its US 70 campus. Thousands of construction workers will be in the area over the next several years prior to the addition of several hundred new permanent jobs.

“With over 3,000 employees relocating to our area during the four year construction period, it is important that our County and Municipalities adequately plan for its economic impact. During the peak of construction, the two nearby sites will have the same population as the Town of Benson” said Johnston County’s Economic Developer Chris Johnson, who organized the trip.

To read the full article, click here.

North Carolina Gains Names for New Interstates

June 7th, 2016

Raleigh, N.C. — North Carolina has received approval for the names of two new interstate route designations in the eastern part of the state. The American Association of State and Transportation Officials approved I-42 for the U.S. 70 Corridor between I-40 and Morehead City, and I-87 for U.S. 64/17 between Raleigh and the Virginia state line.

To view full article, please click here.

McCandless Crossing Office Building Approved

March 30th, 2016

By: Tim Schooley

Pittsburgh Business Times

The developer of McCandless Crossing is preparing to get started with the first office building at the mixed-use project, a 55,000-square-foot building to be located behind the development’s Dick’s Sporting Goods store.

Kevin Dougherty, principal of North Carolina-based AdVenture DevelopmentLLC, said the new four-story office building received final approval from McCandless Township on Monday, March 28, giving his company the go ahead to push forward with the project.

Please visit the Pittsburgh Business Times website to read the full article.McCandless Crossing Office Building

Novo Nordisk Breaks Ground on Nearly $2 Billion Dollar Facility

March 29th, 2016

CLAYTON, N.C., March 28, 2016 /PRNewswire/ — Today, Novo Nordisk broke ground on its new $1.8 billion diabetes medicine production facility in Clayton, N.C. More than 100 community members, employees and policy makers attended a ceremonial event alongside Lars Rebien Sørensen, president and chief executive officer of Novo Nordisk, and Pat McCrory, Governor ofNorth Carolina.

The facility will produce active pharmaceutical ingredients (API) for a range of Novo Nordisk’s current and future GLP-1 and insulin medicines. Once fully operational in 2020, the Clayton facility will ensure production capacity for diabetes medicines in the U.S. for the decade ahead.

Once complete, the new facility will measure 833,000 square feet and have a footprint of 417,639 square feet – the equivalent to approximately seven football fields. This expansion is expected to create close to 700 new jobs, with an average salary that is$68,000$22,000 higher than the current average salary, and $15,000 more than the median household income in Johnston County. At the same time, Novo Nordisk expects to create a significant employment effect during the construction period with up to 2,500 people working on the project at peak construction.

Please click here to read the rest of this article.

 
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