Jun 9, 2024 - News

⚡️ Biz lightning round

gamma goat building

Gama Goat Building. Courtesy of Camp North End

Passero Associates, an engineering and architecture firm, is relocating to a larger space in Camp North End this fall. Its move from Boileryard to the Gama Goat Building will triple the size of its office space to accommodate the overall growth of the company, it said in a statement.

Palmetto, a clean-tech unicorn based in South End, is folding its solar construction arm into a subsidiary. The business unit represents about 10% of the company's total revenue. (CBJ 🔒)

North Carolina terminated its 2018 incentives agreement with LendingTree as the company looks to rebound from a rough few years financially. The agreement had called for the company to add 436 jobs in Mecklenburg County, at an average wage of more than $100,000. (News & Observer)

Balenciaga, the global fashion brand, will open a 4,346-square-foot store at SouthPark Mall in the former Lacoste and Tommy John storefronts near Belk and Nordstrom. (CBJ 🔒)

avatar

Subscribe for more Axios Charlotte in your inbox.

Read the full edition

More Charlotte stories