Dillsboro allocates $25K for economic incentives
It’s been a tough few years for the tiny town of Dillsboro. Ever since the Great Smoky Mountain Railroad moved its depot in 2008 to Bryson City, the town has seen rough times, reflected in the vacant storefronts of the many tourist-oriented business that have closed their doors since then.
Maggie Valley: ‘It’s been a good year’
Maggie Valley officials are beginning to see the light at the end of the tunnel after experiencing several tumultuous years.
Town officials took time to revel in their 2014 accomplishments while setting goals for 2015 during a recent retreat. While 2013 marked a tough year for the town with a divided board of aldermen, some big staff changes, unhappy residents and businesses and a struggling local economy, 2014 was far more productive.
Back from rock bottom: Macon Realtors reflect on the past, present and future
June Tassillo loves real estate, but she never knew how exciting it could be until she worked her first all-or-nothing, one-day-only sales blitz for a comeback development.
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When the gates swung open the morning of the big day, in rushed a line of prospective buyers with every intention of snagging their dream lot before the day was out.
Musical tiers: Counties receive 2015 economic designations
Each year an economic report card issued by the North Carolina Department of Commerce determines which counties will be given first dibs on state grant money — and each year no one seems satisfied with their grades.
Haywood’s status improved, for instance, but Economic Development Director Mark Clasby wasn’t rejoicing.
Tourism impact recalculated due to flaws in formula
A flaw in the economic model that calculates tourism impact in the mountains has been uncovered, resulting in a major adjustment to tourism spending in Jackson and Swain counties.
Every year, the N.C. Department of Commerce releases the economic impact of tourism by county. For years, Swain was heads and shoulders above Jackson. But not anymore.
Folkmoot generates $9.2 million economic impact
Folkmoot USA had a $9.2 million impact on Western North Carolina in 2013, according to an economic impact study conducted by Tom Tveidt of SYNEVA Economics.
The study included the Western North Carolina region but focused on Haywood County, showing that Folkmoot’s overnight visitors spent $6.6 million during their visit. Outside day-trippers spent an additional $89,000 in Haywood County.
Only overnight and outside day-trip visitors were included in Folkmoot’s study.
Rafting’s restrained rebound: Commercial outfitters attempt to paddle back from record rain year
The summer is shaping into a pretty good rafting season for Tee Davis.
“It’s awesome, man,” said Davis, owner of Smoky Mountain Adventures.
Much better than last summer, anyway. Last year, rains wreaked havoc on the rafting season.
“Night and day,” Davis said. “It helps when the river’s not out of its banks.”
Development done right: Failed projects open door for those taking the long view
Randy Best was a rare bird in the development heyday of the 2000s. Where others just saw dollar signs, Best actually saw land.
“I would spend a month walking a piece of property after we bought it. I walked every inch and when I was done, I knew where every house site was going to be, where every septic was going to be, how the roads would lay,” said Best, a Haywood County native.
Picking up the pieces proves costly, time-consuming for local governments
In a region still reeling from damaged land and dented lives in the wake of the real estate boom and bust, signs of salvation are few and far between. But here’s one for the history books.
Twice in the past year, Haywood County has used a little-known clause of financial legalese to hold developers’ feet to the fire after they walked away mid-stream. It’s a minuscule but unprecedented victory in a rocky world of marred up mountains and abandoned developments.
Haywood’s economic path was set early last century
The rapid pace of change these days often leaves many of us feeling helpless in its wake. Things change, then change some more, and finally a transformation so complete has taken place that very little of what we started with is familiar.
Think the music industry, or what the phone in your pocket will do. Crazy stuff.
But every now and again, one can look around and note things that haven’t changed that much. In some cases that is very reassuring; other times it’s scary.