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North Carolina Business News

English Tudor-style mansion in Biltmore Forest

Record-Breaking Sale of English Tudor Mansion in Asheville

June 5, 2025

News Summary A stunning English Tudor-style mansion in Biltmore Forest has sold for a record $9.6 million, marking the highest home price in Asheville’s history. The sale, finalized on March...

Mountain biking trails at Hatley Pointe Mountain Resort near Asheville

New Lift-Served Bike Park to Open Near Asheville

June 4, 2025

News Summary Hatley Pointe Mountain Resort, a new lift-served bike park near Asheville, is set to open in spring 2026. This addition to the region aims to enhance Asheville’s status...

Ambassadors in Asheville's downtown promoting safety and cleanliness

Asheville Establishes Business Improvement District for Downtown

June 3, 2025

News Summary The Asheville City Council has approved a Business Improvement District (BID) aimed at enhancing downtown safety and cleanliness with a 6-1 vote. This initiative includes a property tax...

Asheville Tea Company production area with herbs and tea blends

Asheville Tea Company Rebuilds After Hurricane Helene

June 1, 2025

News Summary Asheville Tea Company is making a remarkable recovery after being devastated by Hurricane Helene in September. The sisters co-founding the company faced extensive damage but gained invaluable support...

Licensed home inspector examining a property's interior with advanced equipment

Affordable Inspections, Inc. Enhances Home Inspection Services

June 1, 2025

News Summary Affordable Inspections, Inc. has launched a new project aimed at improving home inspection services throughout Western North Carolina. Leveraging over 50 years of experience, the company is introducing...

Artisans crafting leather goods in a workshop in Asheville.

Local Leatherworkers Revive Craft in Asheville

May 31, 2025

News Summary Following the challenges of Hurricane Helene, local leatherworkers in Asheville, including artisans like Stefan Daiberl and the Tetraults, are revitalizing their craft. They are committed to creating high-quality,...

Exterior view of Highline North apartment community in Asheville

Highline North Apartment Community Sold for $43.8 Million

May 30, 2025

News Summary A major real estate transaction has been completed in Asheville with the sale of the Highline North apartment community for $43.8 million. The 168-unit property, located at 602...

New performance hall for music students at UNC Asheville

UNC Asheville Music Department to Receive $1 Million Donation

May 29, 2025

News Summary The University of North Carolina at Asheville has announced a $1 million donation to enhance its music department facilities. The funds will be used for the renovation of...

Asheville community members enjoying an outdoor event supported by local businesses.

Asheville Tourism Struggles Post-Hurricane Helene

May 29, 2025

News Summary Asheville’s tourism sector is facing significant challenges after Hurricane Helene, with local businesses like LaZoom Tours reporting a 45% drop in revenue. Hotel occupancy rates fell to 64%,...

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