Freezing temps in forecast for Halloween + Carolina Place latest Charlotte mall in financial trouble
Hey, everyone! Drew here. Happy Halloween!
Hope your evening is full of tricks, treats and spooks!
Here’s today’s news.
1. Halloween weather forecast: Dry but cold. Overnight freeze warning.
Make sure you get your trick-or-treating done in time tonight because we’re in for a chilly one.
The National Weather Service issued a freeze warning across the Charlotte area from tonight through tomorrow morning.
Temperatures will be in the 40s during prime trick-or-treating hours, so just make sure Spider-Man and Elsa have some hoodies handy to stay warm.
Julia Coin with more on the forecast.
2. What’s next for Carolina Place mall after it defaulted on $149M loan?
Yet another Charlotte-area mall is in financial trouble after defaulting on its loan payment.
Carolina Place mall owner Brookfield Properties defaulted on a $149 million loan debt, according to a CMBS report provided to The Charlotte Observer by commercial real estate research group CoStar. The loan maturity date was June 1, according to the report.
Catherine Muccigrosso has the details on Carolina Place’s financial snafu.
3. Toyota announces new $8B investment in NC battery plant & 3,000 additional jobs
Toyota announced this morning that it’s making a major investment in North Carolina.
The company said it’s investing an additional $8 billion to its under-construction battery plant in Randolph County. An additional 3,000 jobs are expected to be added as a result.
Richard Stradling and Brian Gordon detail the latest investment from Toyota in the Tar Heel State.
4. CLT airport to raise parking fees next week. Why the spike now?
If you’re traveling out of Charlotte Douglas International Airport in the coming weeks, you’ll need to pay a bit extra to park.
Starting on Nov. 6, parking fees for all lot and deck spaces are increasing. Airport officials say the rate changes are going into effect because of a growing number of local passengers and investment into the parking program.
Chase Jordan has more on the price increases.
5. Some more stories to read
This longtime Greek restaurant at The Arboretum in Charlotte is permanently closing
Futures of James Bouknight, Mark Williams clearer after Hornets’ latest contract moves
Know your opponent: How Carolina Panthers match up with injured Indianapolis Colts
In the Trump era, ‘I’m a Christian’ is often a disturbing warning | Opinion
How many NC cities can you name that start with the letter ‘C’?
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