Food Industry
Industry: Email Alert RSS FeedCities that Sizzle
Nation's Restaurant News, Jan, 2001
Walsh has taken the money and done for the area what he helped do for Union Square -- convert it to a vibrant, diverse business community. Among the changes to Center City are a free shuttle bus service that carries 50,000 passengers a month, the weekly North End Green Market, and provisions that make parking more affordable and much easier to find.
"Charlotte has a lot going for it," notes T. Jerry Williams, executive director of the North Carolina Restaurant Association. "There are a lot of banks, a lot of other industries and a great airport hub. It's the center of a dynamic area that stretches from Raleigh-Durham to Greenville-Spartanburg, S.C., and a lot of people come over the border to shop and eat."
Most RecentFood Articles
Williams adds that the highway system in place has made Charlotte a more accessible city.
"People used to complain about all the roadwork going on in Charlotte," he explains. "Now, that's paid off, and it's very easy to get into and around Charlotte."
Melvin Tennant, executive director of the Charlotte Convention & Visitors Bureau, notes that when Route 485 is finished, it will circle the town and provide even more locations at its exits for restaurants and other retail trade.
Of course, Charlotte's growth is not only about business, Tennant adds. Tourism also is helping to improve the city's fortunes.
"In Mecklenburg County more than 36,000 jobs are tied in some way to tourism," Tennant explains. "Charlotte has become the No. 1 travel destination in North Carolina, and tourism generates close to $2 billion in revenue for the area."
Until recently, Charlotte's restaurant growth has been spotty and driven primarily by regional and national chains, according to Dennis Thompson, president of Blue Marlin Inc.
"What you find in Charlotte is some areas where there are more restaurants than people to frequent them and others where the demand isn't being met," says Thompson, whose company operates three Blue Marlin restaurants in the city, with others in South Carolina and Virginia. "The area around the University of North Carolina-Charlotte has more restaurants than it can handle. When Concord Mills mall opened, quite a few chains came in, and there were already a lot of restaurants there.
"The South Park area is very trendy and could probably handle more restaurants," he adds. "But there's not a lot of space there, and there are some zoning problems. The majority of restaurants that have opened lately -- Dean & DeLuca, The Palm, P.F. Chang's -- have gone in on the ground floor of office buildings."
Thompson points out that although much of the restaurant growth has come from chains like Outback, Longhorn Steak House, Red Lobster and Chili's, more local operators are now looking to expand as well.
"Recently, there have been more openings by local operators," Thompson says. "Guytano's did well in South End, and that caused Guy Ciccone to open the bistro Phil & Tony's. I understand they're ready to open a second location for that restaurant."
Another local restaurant group that has expanded is Harper's Restaurants Inc. With five Harper's in operation, the company recently opened a new concept, Mimosa Grill. President Tom Sasser notes that Mimosa's location, in the First Union Building in Center City, is an acknowledgment of the renewed vibrancy of the area.
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions


