The Good News Report

[KJHburg]

On 10/17/2023 at 3:21 PM, J-Rob said:

"Poor performance" might be generous if considering the record since 2018. "Painful, "disappointing," and "cringeworthy" come to mind for me, lol

But very glad for the addition of Charlotte FC and the increased programming in Uptown! Can't deny the positive impact of those decisions. 

 

from Twitter tonight about the match

""66,101 people at 
@CharlotteFC
 match tonight at BofA Stadium. Capacity is 74,000""

 

[CltFlyer]

Charlotte FC wins and clinches their first playoff appearance!

https://x.com/MLS/status/1715883525722034631?s=20

[CharlotteWkndBuzz]

Big time win! However, I’d be lying if I said all the pink lit buildings in the skyline didn’t bug the sht out of me lol (aka Miami’s color). I understand it’s October but for a few hours should have been CLTFC blue and then change back to pink after the game smh. 

Edited October 22, 2023 by CharlotteWkndBuzz

[KJHburg]

New multi billion energy company spun out of Duke is being based here in Charlotte.  

""Duke Energy Corp. (NYSE: DUK) has completed the sale of a key business segment to become a fully regulated utility. Hundreds of its employees will transition over to a new company.

Duke yesterday closed its previously announced $2.8 billion sale of its utility-scale commercial renewables business to Brookfield Asset Management Inc. (NYSE: BAM). The business will continue to operate from Charlotte as a Brookfield portfolio company named Deriva Energy. A Duke spokesperson said about 500 employees would transition to Brookfield as part of the deal.

"We are now an independent developer, owner, and operator of clean energy projects, with the backing of Brookfield, one of the world's largest owners and operators of renewable power," Deriva Energy President Chris Fallon said. "As part of Brookfield, we have access to capital for growth and a wealth of operating expertise, which will enable us to continue our leadership in clean energy for many years to come."""

Duke Energy Renewables Rebrands as Deriva Energy under Brookfield Ownership (prnewswire.com)

 

Duke Energy completes sale of commercial renewables business - Charlotte Business Journal (bizjournals.com)

Home - Deriva Energy   they need their own tower somewhere uptown 

[CLT2014]

9 hours ago, KJHburg said:

New multi billion energy company spun out of Duke is being based here in Charlotte.  

""Duke Energy Corp. (NYSE: DUK) has completed the sale of a key business segment to become a fully regulated utility. Hundreds of its employees will transition over to a new company.

Duke yesterday closed its previously announced $2.8 billion sale of its utility-scale commercial renewables business to Brookfield Asset Management Inc. (NYSE: BAM). The business will continue to operate from Charlotte as a Brookfield portfolio company named Deriva Energy. A Duke spokesperson said about 500 employees would transition to Brookfield as part of the deal.

"We are now an independent developer, owner, and operator of clean energy projects, with the backing of Brookfield, one of the world's largest owners and operators of renewable power," Deriva Energy President Chris Fallon said. "As part of Brookfield, we have access to capital for growth and a wealth of operating expertise, which will enable us to continue our leadership in clean energy for many years to come."""

Duke Energy Renewables Rebrands as Deriva Energy under Brookfield Ownership (prnewswire.com)

 

Duke Energy completes sale of commercial renewables business - Charlotte Business Journal (bizjournals.com)

Home - Deriva Energy   they need their own tower somewhere uptown 

They are already located in the former NASCAR Tower where they might go for naming rights as they build their brand as an independent employer in the area. It is a fairly prominent spot for a logo.

[carolinaboy]

10 hours ago, KJHburg said:

New multi billion energy company spun out of Duke is being based here in Charlotte.  

""Duke Energy Corp. (NYSE: DUK) has completed the sale of a key business segment to become a fully regulated utility. Hundreds of its employees will transition over to a new company.

Duke yesterday closed its previously announced $2.8 billion sale of its utility-scale commercial renewables business to Brookfield Asset Management Inc. (NYSE: BAM). The business will continue to operate from Charlotte as a Brookfield portfolio company named Deriva Energy. A Duke spokesperson said about 500 employees would transition to Brookfield as part of the deal.

"We are now an independent developer, owner, and operator of clean energy projects, with the backing of Brookfield, one of the world's largest owners and operators of renewable power," Deriva Energy President Chris Fallon said. "As part of Brookfield, we have access to capital for growth and a wealth of operating expertise, which will enable us to continue our leadership in clean energy for many years to come."""

Duke Energy Renewables Rebrands as Deriva Energy under Brookfield Ownership (prnewswire.com)

 

Duke Energy completes sale of commercial renewables business - Charlotte Business Journal (bizjournals.com)

Home - Deriva Energy   they need their own tower somewhere uptown 

"They need their own tower somewhere uptown"

Or a new, modern and not-yet-occupied headquarters facility that would look really cool for a clean energy company located in the University City area somewhere..........

[CLT2014]

32 minutes ago, carolinaboy said:

"They need their own tower somewhere uptown"

Or a new, modern and not-yet-occupied headquarters facility that would look really cool for a clean energy company located in the University City area somewhere..........

Deriva Energy's new CEO lives in Ballantyne Country Club. I'd say very little chance he steers the company towards a headquarters location that gives himself a 30 mile commute each way to the opposite side of the metro. If anything, now that he has more control over the company, he may move it to Ballantyne over University if he went suburban. In midsize companies like this... CEOs play a big role in vetoing site locations.

Edited October 27, 2023 by CLT2014

[SouthEndCLT811]

Let's convince him to split the difference of Ballantyne and Uptown and just build out the 15-20 story office building at LoSo Station 

Edited October 27, 2023 by SouthEndCLT811

[RANYC]

13 hours ago, carolinaboy said:

"They need their own tower somewhere uptown"

Or a new, modern and not-yet-occupied headquarters facility that would look really cool for a clean energy company located in the University City area somewhere..........

No, stay in Uptown right where HQs should be.  I mean, how would that headline read in the Irony Courant: "Clean energy company relocates from the convergence of the region's mass transit options and from the most walkable part of the city to a newly-constructed suburban complex where a forest was felled, far from light rail, surrounded by cul-de-sacs, and where employees who want to eat out for lunch will end up generating multiple waves of car driving on any given day."

Edited October 28, 2023 by RANYC

[rancenc]

Jobs and investment throughout the state.

https://www.commerce.nc.gov/news/press-releases/2023/10/19/governor-cooper-announces-seven-grants-rural-communities-attract-130-new-jobs-and-over-53-million

[carolinaboy]

On 10/27/2023 at 8:38 PM, RANYC said:

No, stay in Uptown right where HQs should be.  I mean, how would that headline read in the Irony Courant: "Clean energy company relocates from the convergence of the region's mass transit options and from the most walkable part of the city to a newly-constructed suburban complex where a forest was felled, far from light rail, surrounded by cul-de-sacs, and where employees who want to eat out for lunch will end up generating multiple waves of car driving on any given day."

That's a long headline.

[KJHburg]

well I see the Panthers beat the Houston Texans today and now have a win on the board.  That is good news and now there is  dark cloud over Houston.  

[Reverie39]

The Panthers finally winning a gosh darn game belongs in the Good News report. Thank god lol.

[Reverie39]

On 10/31/2023 at 11:39 AM, Reverie39 said:

The Panthers finally winning a gosh darn game belongs in the Good News report. Thank god lol.

 

 

Edited November 6, 2023 by Reverie39

[CTiger]

Does anyone in Charlotte have a lower approval rating than Tepper right now?  I have to say, I was kind of excited when he bought the team and I heard about all of the investments he was going to make (new HQ, new stadium, new social district, etc), but man it has all turned into a giant pile of crap in record time.   I really do wonder if all of this is going to effect his ability to secure funding for a stadium in Charlotte.  I would have scoffed about that a year ago, but he has really conjured up some vitriol from the fanbase.  

[DMann]

The Defense is pretty strong, and the running game can be good as well.  Young is the 3rd #1 pick quarterback on this team in the past 4 years, none have owned the team like CAM did, or like Terry Bradshaw in Pittsburg, Montana in SF, etc.  Maybe it is the play calling and not the team on the field.

[Norm2]

16 hours ago, CTiger said:

Does anyone in Charlotte have a lower approval rating than Tepper right now?  I have to say, I was kind of excited when he bought the team and I heard about all of the investments he was going to make (new HQ, new stadium, new social district, etc), but man it has all turned into a giant pile of crap in record time.   I really do wonder if all of this is going to effect his ability to secure funding for a stadium in Charlotte.  I would have scoffed about that a year ago, but he has really conjured up some vitriol from the fanbase.  

I don't think it is in his plans any more to build a new stadium. I think it will be renovations on the current stadium for a long while. I could be wrong though of course.

[KJHburg]

we can all say a lot of what Mr Tepper has not done but I give him kudos for bringing the MLS to Charlotte and big concerts here.  Here is the latest next April.  This should sell out with these stars. 

Edited November 7, 2023 by KJHburg

[SouthEndCLT811]

2 hours ago, KJHburg said:

we can all say a lot of what Mr Tepper has not done but I give him kudos for bringing the MLS to Charlotte and big concerts here.  Here is the latest next April.  This should sell out with these stars. 

 

For sure, these alone would be celebrated.  It's the meddling in decisions with rumors of dissent between Young (Tepper's) and Stroud (Front Office/Coaches) or being swindled by smooth talkers (Ruhle/Zoran).  Hiring his wife into leadership and then not knowing league rules to certify her role in the coaching search.  Not following other expansion teams successful MLS model of building through familiarity with the cap, academy and league rules but hires a player agent as sporting director with cocky statements like "if you can play against Holland, you can play in Salt Lake"  The constant turnstile of executives at TS&E.  Getting rid of team traditions (e.g., KEEP POUNDING) before games.  The Rock Hill and Eastland fiascos, saying laying off people early in COVID was a "human decision".

Extra events for our city is absolutely celebrated but literally everything else about the guy has been less than ideal.

Edited November 7, 2023 by SouthEndCLT811
Few clarifications as I was multi tasking earlier

[J-Rob]

1 hour ago, SouthEndCLT811 said:

For sure, these alone would be celebrated.  It's the meddling in decisions with rumors of dissent between Young (Tepper's) and Stroud (Front Office/Coaches) or being swindled by smooth talkers (Ruhle/Zoran).  Hiring his wife into leadership and then not knowing league rules to certify her role in the position.  Not following other expansion teams successful MLS model of building through familiarity with the cap, academy and league rules but hires a sporting director with cocky statements like "if you can play against Holland, you can play in Salt Lake"  The constant turnstile of executives at TS&E.  Getting rid of team traditions (e.g., KEEP POUNDING) before games.  The Rock Hill and Eastland fiascos, saying laying off people early in COVID was a "human decision".

Extra events for our city is absolutely celebrated but literally everything else about the guy has been less than ideal.

Dang, well when you put it like that...

Ouch. 

Let's just hope he learns from these situations and turns things in a more successful direction.  Its hard to even turn on the tv on Sunday right now.

[paytonc]

New Charlotte headquarters: Six Flags.

"The combined company will be headquartered in Charlotte, North Carolina, and will maintain significant finance and administrative operations in Sandusky, Ohio."

https://investors.sixflags.com/news-and-events/press-releases/2023/11-02-2023-100020810

$3B+ in revenue would put it in the Fortune 1000. The HQ was probably set by Cedar Fair CEO Richard Zimmerman, who already lives on Lake Norman and has worked within the company since becoming GM of Kings Dominion in 1998.

Edited November 7, 2023 by paytonc

[RANYC]

59 minutes ago, J-Rob said:

Dang, well when you put it like that...

Ouch. 

Let's just hope he learns from these situations and turns things in a more successful direction.  Its hard to even turn on the tv on Sunday right now.

I feel as though almost nothing owned by hedge fund guys is held to “maturity.”  Tepper negotiates and secures taxpayer funding for a renovated stadium/concert venue and expanded practice fields/facilities, then he sells team with those commitments in tow which yield higher bids than he could get otherwise, and this on top of an already well appreciated asset…at least on paper by the valuation agents…fan appreciation has plummeted.

Edited November 7, 2023 by RANYC

[KJHburg]

Every little job relocation or tech HQ is good news.   California based tech upstart moving lock stock and barrel to Charlotte.  Looking for space hopefully uptown where there is generous amounts.

Charlotte Inno - Online child-support startup SupportPay moves HQ to Charlotte from California (bizjournals.com)

Home - SupportPay

 

[KJHburg]

NC cities including Charlotte made a great showing on FT Nikkei best places for investment in US for foreign investors. 

Charlotte and Greensboro both in the top 10 and Raleigh and Durham in the top 20.

Houston overtakes Miami as best place for foreign businesses in annual FT-Nikkei ranking

(and if you asking why Greensboro Toyota, Marshall Aviation, Hondajet all foreign companies have announced big investments there and it is less expensive than Charlotte or Raleigh Durham.  

Edited November 8, 2023 by KJHburg

[kermit]

22 hours ago, SouthEndCLT811 said:

For sure, these alone would be celebrated.  It's the meddling in decisions with rumors of dissent between Young (Tepper's) and Stroud (Front Office/Coaches) or being swindled by smooth talkers (Ruhle/Zoran).  Hiring his wife into leadership and then not knowing league rules to certify her role in the coaching search.  Not following other expansion teams successful MLS model of building through familiarity with the cap, academy and league rules but hires a player agent as sporting director with cocky statements like "if you can play against Holland, you can play in Salt Lake"  The constant turnstile of executives at TS&E.  Getting rid of team traditions (e.g., KEEP POUNDING) before games.  The Rock Hill and Eastland fiascos, saying laying off people early in COVID was a "human decision".

Extra events for our city is absolutely celebrated but literally everything else about the guy has been less than ideal.

Seems like today’s firing brings one more example of Tepper’s ‘interesting’ management style:

Quote

Wednesday’s firing will leave Charlotte FC looking for its third head coach for its third season, which starts in February.

 

Edited November 8, 2023 by kermit