Wednesday, July 29, 2015
Ex-Durham mayor moves into NCDOT top slot
Former Durham mayor Nick Tennyson has been named acting secretary of the N.C. Department of Transportation .
Tuesday, July 28, 2015
Makus Empanadas to open restaurant in Durham
Makus Empanadas plans to open a new location in Durham's Hope Valley shopping center at 1125 W. N.C. Highway 54 this coming fall.
Durham startup Baebies completes $13M financing round
A Durham startup calling itself Baebies has completed a $13 million round in equity financing to develop its neonatal screening technology. Financial backers include Rex Health Ventures, Duke Angel Network, DUMAC, and the N.C. Biotechnology Center also provided a $500,000 loan.
Read more here: http://www.newsobserver.com/news/business/article28910089.html#storylink=cpy
Read more here: http://www.newsobserver.com/news/business/article28910089.html#storylink=cpy
Monday, July 27, 2015
Durham Chamber of Commerce Announces Resignation of Chamber President
Casey Steinbacher,
who has served as president and CEO of the Greater Durham Chamber of Commerce since 2007, will step down on August 31 to pursue independent consulting work
in urban innovation projects and strategy development.
First Flight Venture Center adds new board member
First Flight Venture Center has added Jean Davis, CEO of technology nonprofit MCNC, to its board of directors.
DCVB to host PR seminars
The Durham Convention and Visitors Bureau will hold two hour-long PR seminars on Thursday, July 30 at the Visitor Information Center, 101 E. Morgan St. Social Media Marketing.
Two new projects could reshape Durham skyline
Two Charlotte-based developers, CitiSculpt and Northwood Raven are now fleshing out their plans for two recently purchased sites near the American Tobacco District.The plans include buildings that would be anywhere from 12 to 18 stories and could create the largest urban district in Triangle.
Friday, July 24, 2015
FDA gives Biogen approval for MS drug
Biogen, the state’s largest biotechnology company, received U.S. Food and Drug Administration approval to manufacture multiple sclerosis drug Tecfidera .
The Salvation Army of Durham introduces new leading officers
The Salvation Army of Durham, Orange & Person Counties formally introduced Captains Robert and Glenis Viera the new officers leading the local office.
Thursday, July 23, 2015
RTF to construct new facility for AgBiome
Research Triangle Foundation will construct a new 30,000 square-foot facility that will be occupied by biotechnology company AgBiome.The Lab, is expected to be completed in December of this year and will include office space, laboratories and a greenhouse complex.
Engineering, fine arts programs coming to Durham Tech
The N.C. State Board of Community Colleges has approved Durham Tech’s request to offer the associate in engineering degree program this fall allowing Durham Tech to be among the first community colleges in the state to offer the new program.
Wednesday, July 22, 2015
Inbound Calls to Duke Not Connecting
Inbound phone calls to Duke are not currently connecting due to a carrier issue. Campus landline phones are working fully for internal and outbound external calls.
Adwerx Launches Mobile App Advertising Product For Real Estate Industry
Adwerx announced the release of a new advertising product that places agent advertisements within mobile apps. The new mobile advertisements will run in the Facebook Mobile NewsFeed and other popular mobile apps.
NC Biotech Center awards $1.8M in loans, grants across state
The North Carolina Biotechnology Center awarded 27 loans and grants totaling about $1.8 million to companies and universities across the state during the final quarter of its 2014-2015 fiscal year ending June 30. The awards support life science entrepreneurship, technology commercialization and research statewide
New Durham startup program helps working professionals
Groundwork Labs, located in the American Tobacco District, will offer a new night time program specifically for working professionals starting in August 2015.
Residence Inn opens
The 143-room Residence Inn hotel, located at 1180 W. Main St, opened Tuesday July 21st.
Tuesday, July 21, 2015
AT&T Gigapower Fiber Network Launches In Durham, NC Ahead Of Local Google Fiber Rollout
AT&T and business representatives from Durham, cut the ribbon on its ultra-fast GigaPower Fiber Internet service which will cover the Bull City and Durham County, providing residents with access to broadband Internet service of up to 1Gbps.
Huang named new chair of Duke's Department of Pathology
Jiaoti Huang, MD, PhD, has been named the new chair of the Duke Department of Pathology, effective January 1, 2016.
Atlanta company buys gated Durham apartments for $36M
Wood Partners of Atlanta bought the North Pointe Commons apartment community located at 2335 Broad St. in Northern Durham for $36.4 million and rebranded the community as Altera North Pointe.
NCSSM student honored at White House
Sharon Chen, a junior at the North Carolina School of Science and Mathematics, was recently honored during a ceremony at the White House for outstanding contributions to environmental education and stewardship
Monday, July 20, 2015
Duke, UNC entrepreneurs team up to combat sweaty hands
Duke University junior Kasper Kubica , UNC undergraduate David Spratte and UNC chemistry major Chris Jenks, have created Carpe Lotion, a product that combats sweaty palms.The team has enlisted the help of its backer, Bootstrap Advisors, who launched Thundershirt and has contracted out the manufacturing to Hatch Beauty.
O'Leary joins NC IDEA board
Sean O’Leary has joined the board of NC IDEA, which is revamping into a private foundation. The organizational shift will allow the group to participate in supporting more organizations – not just issue grants to entrepreneurs.
Divinity Dean Richard Hays Stepping Down Aug. 1
Richard B. Hays, dean of the Duke Divinity School, will step down on August 1 to begin treatment for pancreatic cancer.
A new contemporary women’s boutique to open fall 2016
Owner and operator Whitney Sandor will open Mynt, a contemporary women’s boutique, in the Rockwood Shopping Center this fall.
Triangle travel management company opens new Durham office
Maupin Travel has opened a new location in downtown Durham, located at 404 Hunt St. in Durham’s Innovation District.
Thursday, July 16, 2015
Google provides its Fiber Internet network to Durham public housing residents free of charge
Google announced it will open up its Fiber Internet network to Durham public housing residents free of charge. Service will be offered in Atlanta, Durham, N.C., Nashville and Kansas City before expanding to all current and future cities that host Google Fiber.
Durham selected for ConnectHome program
Durham is one of 27 cities the U.S. Department of Housing and Urban Development selected for ConnectHome , a program to bring faster Internet connections to more low-income households.
Kimbrell's to open in old Kmart building
Kimbrell’s furniture will be opening Aug. 1 in its new location in the old Kmart building on Avondale Drive.
Moogfest coming to Durham in 2016
Moogfest, a combination music, technology and art festival, will be held in downtown Durham May 2016.
Gates Foundation Gives Duke Global Health Institute $20M Grant
A $20 million grant from the Bill & Melinda Gates Foundation was given to the Duke Global Health Institute (DGHI).
Monday, July 13, 2015
Durham medical campus sells for $53M
The physician owners of Triangle Orthopedics have sold their ownership in the buildings at the North Carolina Specialty Hospital in north Durham in a deal valued at $53.1 million. Both buildings have been sold to an affiliate of CNL Healthcare Properties of Orlando, Florida.
Durham Park Gets A Facelift
Solite Park, at 4704 Fayetteville Road, has had a facelift. New features include a brand-new starting
line/entrance, new drainage system,
newly paved parking lot, a group pavilion with picnic tables, an outdoor grill,
a kid’s playground, a basketball court, a water fountain and a restroom
facility.
City of Durham Recognized for Performance Management Focus
The International
City/County Management Association has recognized the City of Durham for its
performance management success with a Certificate of Excellence, which is the
highest level awarded. This is the third consecutive year
that the City has won in this category.
Triangle commercial property sales outpacing last year's record
Commercial real estate investors in the Triangle spent a combined $183 million putting the market on track to outsell 2014 when there was a record $3.6 billion in investment property sales in the region.
Durham defense contractor snags $15M in equity round
Nuvotronics, the Durham defense contractor has raised $15 million in equity financing. According to the filing, NewCap Partners helped solicit the raise and gets $750,000 in commission.
Friday, July 10, 2015
Developer buys downtown 12-acre site for $5 million
CitiSculpt, a Charlotte developer, has paid $5 million for a 12.1-acre site adjacent to the Durham Bulls Athletic Park in downtown Durham, the site of a former car dealership, from Hendrick Automotive Group. The company plans to invest as much as $400 million in a project that would include a mix of office, retail, one or more hotels and apartments.
Cree acquires Arkansas Power Electronics, Inc.
Durham-based LED maker Cree, Inc. announced that it has acquired Arkansas Power Electronics, Inc., based out of Fayetteville, Arkansas.
Duke University hires new sciences advisor
Duke University has hired Nyote Calixte as the first director of academic engagement for natural and quantitative sciences in the Academic Advising Center.
NC IDEA hires interim CEO
NC IDEA, a grant program for entrepreneurs, has hired former StrikeIron CEO Sean O'leary as its interim director.
Wednesday, July 8, 2015
Board of Education elects Carter and Lee
On Tuesday July 7th , the Durham School Board elected Mike Lee to serve as vice chairman and reelected Heidi Carter board chairwoman in what is expected to be her final year of service.
Mayor announces the 2015 election will be his last
Mayor Bill Bell announced Tuesday that the upcoming election would be his last.
Joe’s Diner to open commercial kitchen, close diner
Joe’s Diner located at 2100 Angier Avenue has closed and plans to reopen on July 15 as Joe’s Commissary and Commercial Kitchen II.
Hendrick sells site in downtown Durham
Charlotte developer Charles "Lindsey" McAlpine, confirmed the purchase of the former 12.1-acre Hendrick Automotive site for $5 million. Plans include 1 million square feet in new commercial buildings as part of the mixed- use project.
Mesa Latin Kitchen Opening Mid July
Mesa Latin Kitchen, located at 2701 Hillsborough Road, will officially open to the public Friday, July 17 at 5 p.m.
Durham entrepreneurs dominate state-federal innovation grants
North Carolina’s state-funded innovation grant recipients were recently chosen. Of the eleven recipients, seven are located in the Triangle and six of the seven are located in Durham.
Tuesday, July 7, 2015
Duke University Names Eight New Trustees
Duke University has named eight new trustees which include Coca-Cola Foundation Chairwoman Lisa Borders, Apple CEO Tim Cook, PRM Advisors founder Patricia Morton, NBA Commissioner Adam Silver and ValueAct Capital CEO Jeff Ubben. They will each serve six-year terms. Additionally , three observing members also joined the board -- Jack Boyd, Trinity ’85; recent Duke graduate Anna Knight and Ben Shellhorn, a JD/MBA candidate at Duke.
Four candidates file for city of Durham election
Durham Mayor Bill Bell was the only mayoral candidate to file by the end of the business day Monday. Candidates who filed for the three at-large City Council seats include: Charlie Reece, Juan Alva, and Ricky L. Hart.
Read more here: http://www.newsobserver.com/news/local/community/durham-news/article26604799.html#storylink=cpy
Read more here: http://www.newsobserver.com/news/local/community/durham-news/article26604799.html#storylink=cpy
Read more here: http://www.newsobserver.com/news/local/community/durham-news/article26604799.html#storylink=cpy
Read more here: http://www.newsobserver.com/news/local/community/durham-news/article26604799.html#storylink=cpy
Read more here: http://www.newsobserver.com/news/local/community/durham-news/article26604799.html#storylink=cpy
Read more here: http://www.newsobserver.com/news/local/community/durham-news/article26604799.html#storylink=cpy
School board to pick at least 1 new leader
The Durham school board will meet on Tuesday, July 7 to elect its leadership for the upcoming school year.
Crescent sells Durham apartment project
Crescent Communities has completed construction of its Crescent Main Street apartment complex in Durham and has closed on the sale of the 208-unit property. The complex was sold to affiliates of the Berkshire Group for $54.65 million.
Winners of Marvels Ant-Man Micro-Tech Challenge include a 17-year-old from Durham
Elizabeth Almasy, a 17-year-old from Durham, North Carolina, made an octopus-shaped automated bubble blower as her entry in the Marvels Ant-Man Micro-Tech Challenge. The challenge required girls between the ages of 14-18 to use at least one inexpensive, easy to buy micro-tech component in a do-it-yourself project.
Monday, July 6, 2015
National Merit Scholars named
The National Merit Scholarship Corp. announced the winners of its $2,500 scholarships, chosen from a pool of more than 15,000 finalists in the 2015 program. The Durham winners are : Erin R. Hazlett-Norman, Carolina Friends School ; Zachary D. Balleisen and Emily S. Korest , Riverside High School ; Eitan Sapiro-Gheiler, and Caroline S.Wechsler, Durham Academy;William T.Winslow,
NCCU adds tight ends coach
N.C. Central hired Carl Funderburk as the Eagles' tight ends coach, the school announced Thursday.
XRpro Sciences acquires Icagen assets
XRpro Sciences has acquired the assets of Icagen, a drug firm from parent company Pfizer. XRpro is paying Pfizer $500,000 up front for the Icagen name, technology and employees plus "earn outs" for as much as $10.5 million.
CPO and Owner of LimBionics recognized with awards
Brittney Stresing, CPO and owner of LimBionics of Durham Inc. won Triangle Business Journals Healthcare Hero Rising Star Award for 2015. Also in March 2015 she was recognized in Durham Magazine as one of their Women of Achievement for 2015.
Thursday, July 2, 2015
Raleigh real estate investors buy Durham office property for $8.75M
Raleigh joint venture partners Dominion Realty Partners and Medical Mutual Insurance Co. have acquired an office building in Durham's Meridian corporate park for $8.75 million.
Quintiles, Quest Diagnostics launch joint venture
On July 2nd 2015 Quintiles and Quest Diagnostics announced that they have launched their new global clinical trials lab services organization, Q2 Solutions. It’s U.S. headquarters will be based in the Bradford Building at 5827 South Miami Blvd. in Durham.
The Durham Hotel Opens July 10th
The Durham Hotel will open July 10th and is located at 315 E Chapel Hill St, Downtown Durham. The building will house 53 rooms, meeting and event space, a restaurant and rooftop bar , a fitness studio, rooftop yoga, and bicycle rentals.
School board chair to seek commissioner’s seat
Durham school board Chairwoman Heidi Carter,who was first elected to the Consolidated District B seat in 2004, will seek election to the Durham County Board of Commissioners in 2016.
Durham enveils SmARTvision plan
Durham's SmART vision plan , designed by Architect Mikyoung Kim, was revealed at the Durham Arts Council June 30th. The plan offers design concepts to better connect physically and visually the American Tobacco area, the center of downtown, and Durham Central Park.
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