Asheville Business News
BUSINESS NEWS
Asheville Business Community Rallies for Summer Tourism
News Summary Asheville is set to welcome back summer tourists, with local businesses optimistic about the upcoming season after last year’s flooding by Hurricane Helene. The Wrong Way River Lodge...
Rising Tariffs Impact Mother’s Day Flower Prices
News Summary As Mother’s Day approaches, American consumers may face increased floral gift costs from rising tariffs. Though certain tariffs are temporarily paused, many remain, leading to price hikes on...
The Radical Asheville Joins Hilton’s Tapestry Collection
News Summary Asheville celebrates the arrival of The Radical Asheville, an upscale hotel that has joined Hilton’s Tapestry Collection. Located in the River Arts District, this hotel features a stylishly...
Western North Carolina Tourism Revival Post Hurricane Helene
News Summary Western North Carolina is open for tourism once again following the devastation caused by Hurricane Helene. Local officials and businesses are strategizing to revitalize the visitor economy, which...
The Radical Hotel Joins Tapestry Collection by Hilton
News Summary The Radical Hotel in Asheville’s River Arts District has joined the Tapestry Collection by Hilton, allowing it to maintain its unique identity while benefiting from Hilton’s global recognition....
East Fork Pottery Innovates Amidst Crisis in Asheville
News Summary Alex Matisse, great-grandson of Henri Matisse, leads East Fork Pottery through challenges including Hurricane Helene. With a focus on innovation and community, the company balances tradition and modern...
Asheville Resilience Shines Through After Hurricane Helene
News Summary Asheville and Western North Carolina are gradually recovering from the destruction caused by Hurricane Helene, which inflicted $78.7 billion in damages and 249 fatalities nationwide. Despite the challenges,...
New Art Supply Store to Open in Asheville
News Summary Following the closure of Cheap Joe’s Art Stuff, local business Philip DeAngelo Studio will take over the Asheville location to open Asheville Art Supply. The store aims to...
Wicked Weed’s Funkatorium Reopens in Asheville After Closure
News Summary Wicked Weed Brewing’s Funkatorium in Asheville has reopened after a temporary closure due to Hurricane Helene. The brewery, known for its craft beer, has revamped its menu and...
Finance
FG Communities Acquires Affordable Housing Community in Flat Rock, NC
News Summary FG Communities has acquired a manufactured housing community in Flat Rock, NC, targeting the growing need for affordable housing options amidst rising costs in Asheville. This initiative aims...
Tropical Storm Helene Disrupts Asheville’s Short-Term Rental Market
News Summary Tropical Storm Helene has significantly impacted Asheville’s short-term rental (STR) market, resulting in a steep decline in rental availability and visitor hesitance. A report indicates a staggering 21%...
New Buncombe County Government Services Center Opening Soon
News Summary Asheville residents are eagerly anticipating the opening of the new Buncombe County Government Services Center located at 35 Woodfin St. on April 22. This center aims to streamline...
Buncombe County Planning & Development Moves to New Location
News Summary Buncombe County Planning & Development is relocating to the Government Services Center at 35 Woodfin St. in Asheville on April 22, 2023. This move aims to consolidate multiple...
Asheville Businesses Feeling the Pinch: Tariffs Spark Concern in Local Economy
News Summary Local businesses in Asheville are raising concerns over recent tariffs announced by the Trump Administration, which are expected to lead to rising costs across various industries. A coalition...
Marion, North Carolina, Receives Generous Gift from Philanthropist
News Summary The city of Marion, North Carolina, has been blessed with a substantial estate gift from the late Susan Nanney Leffé, amounting to $405,000 for the Basilica of St....
Asheville Supports Small Businesses After Hurricane Helene
News Summary Asheville is implementing new initiatives to support small businesses affected by Hurricane Helene. With partnerships involving Explore Asheville and Lowe’s, the city is launching substantial grant opportunities, particularly...
Catawba Brewing Company Shuts Down Temporarily Due to Debts
News Summary Catawba Brewing Company has announced a temporary closure of its Asheville taproom and production facility due to unresolved debts and an expired lease. The brewery plans to relocate...
Asheville and Greenville to Benefit from Major GE Aerospace Investment
News Summary GE Aerospace has announced a nearly $1 billion investment aimed at boosting manufacturing capabilities in Asheville, NC, and Greenville, SC. This initiative is expected to create about 5,000...
CONSTRUCTION
Springfield Thrives with New Farmers Market, Festival Preparations, and Community Engagement
Exciting Developments in the City of Springfield Hey Springfield! Have you noticed all the buzz happening around town? There’s a lot going on lately, from fresh markets popping up to...
Marketing
Asheville’s N.C. Arboretum Welcomes New Executive Director Amid Hurricane Challenges
Asheville Welcomes New Leadership at The N.C. Arboretum The picturesque town of Asheville has been buzzing with excitement as it ushers in a fresh chapter at The N.C. Arboretum. This...
Real Estate
FG Communities Acquires Affordable Housing Community in Flat Rock, NC
News Summary FG Communities has acquired a manufactured housing community in Flat Rock, NC, targeting the growing need for affordable housing options amidst rising costs in Asheville. This initiative aims...
Tropical Storm Helene Disrupts Asheville’s Short-Term Rental Market
News Summary Tropical Storm Helene has significantly impacted Asheville’s short-term rental (STR) market, resulting in a steep decline in rental availability and visitor hesitance. A report indicates a staggering 21%...
Asheville City Council Approves New Board for Downtown Improvement
News Summary The Asheville City Council has approved a new group of board members for the Asheville Downtown Improvement District (ADID). This initiative aims to enhance the downtown area’s aesthetics...
Asheville Plans New Costco on Enka Heritage Parkway
News Summary Asheville, North Carolina is buzzing with excitement as plans for a new Costco store on Enka Heritage Parkway have been submitted for review. Spanning 152,000 square feet, the...
Asheville City Council Approves Business Improvement District
News Summary The Asheville City Council has officially approved the creation of a Business Improvement District (BID) to enhance downtown’s economic vitality. With a focus on diversifying leadership, the BID...
Asheville Plans for New Costco Development at Enka Heritage Parkway
News Summary Asheville is abuzz with plans for a new Costco warehouse at Enka Heritage Parkway. The project must navigate city approval from several committees and address community concerns. With...
Affordable Housing Development Launches in Asheville
News Summary Buncombe County is set to initiate an affordable housing development in downtown Asheville, featuring 206 units for households earning 80% or less of the area’s median income. Plans...
Asheville Plans New Costco Warehouse in Enka Commerce Park
News Summary Asheville is set to welcome a new Costco warehouse in Enka Commerce Park, with plans for a vast facility exceeding 100,000 square feet. A pre-application meeting is scheduled...
Asheville, NC: Housing Prices Experience a Dramatic Surge
News Summary The Asheville housing market is experiencing significant growth, with home prices reaching new heights and increasing by over 73% in the past five years. As the current market...
