Invest: Raleigh Durham 2021

Page 163

TOURISM, ARTS CONSTRUCTION & CULTURE OVERVIEW

evolving by having their waitstaff work as delivery people (with much of their income supplemented by tips, the dearth of in-house customers was especially problematic for this segment of the industry). To counter this drop in traffic, the North Carolina state government allowed restaurants to permit outside seating in zones normally relegated to pedestrians. When diners and revelers were allowed back, it was required that there be capacity limits while customers had to follow social distancing and maskwearing guidelines. It was not until May 2021, with the vaccination campaign in full swing, that Cooper was able to lift most restrictions. For many, however, the damage was complete, with their doors remaining indefinitely shuddered. Now that establishments are re-opening, restaurants are facing a different challenge: the inability to hire and retain staff. To make ends meet at the beginning of the pandemic, there were massive layoffs across the industry. Now, with an equally rapid full re-opening in swing, owners and managers are needing to fill these positions but they are having a hard time locating suitably experienced employees. In Durham alone, 70% of hospitality businesses have been affected by labor shortages, with over 60% saying that these shortages pose a threat to their viability. Some businesses are resorting to creative tactics to staff their establishments: Raleigh’s 42nd Street Oyster Bar and Seafood Grill is turning to social media more aggressively than ever before to advertise vacancies, has instituted a signing bonus and even a referral bonus whereby customers receive a $100 gift card if they recommend a new employee, according to a report on public radio station WUNC’s website. This issue points to a greater one in the American labor market: with so many receiving weekly government unemployment aid, there is little incentive to go out and work for what is often less money. Raleigh-Durham International The dearth in tourists brought passenger traffic at Raleigh-Durham International Airport (RDU) to levels not seen since 1987. This on the back of a record-breaking 2019, when 14.2 million passengers traveled through the airport. In contrast, 2020 saw only 4.9 million; the entire month of April 2020 saw 40,000 passengers, the same number for a single day in April 2019. This staggering decline was showing glimpses of recovery at the end of the year when, in December, passenger numbers had climbed back to 112,000 but this was still a 56% decline over December 2019. Not surprisingly, RDU had to adapt. Anti-COVID measures — social distancing markers, sanitation ( )

Laurie Paolicelli Executive Director Chapel Hill/Orange County Visitors Bureau

How have you adapted your role due to the pandemic? After a couple of months of lockdown, we realized that the locals really wanted to explore more of their backyard. This is not a traditional market for us. We focus more on everything but the locals. We shifted gear and used this pandemic as a silver lining, telling our several thousand locals that they have a terrific backyard here. A lot of people here had lost their jobs in the hospitality industry and wanted to come back to work. We said, let’s partner, let us help you understand everything in your backyard and help you come back to work. So that’s what we did. We shifted and made the local residents our primary market. We created a colorful, illustrated map of the county and we reached out to local media to let them know what was going on. When the federal relief money from the CARES Act came through, we did a major blitz around a hundred-mile radius and said, we know you’re getting cabin fever, why not drive over to one of the coolest college towns in North Carolina and check out what we have to offer. What local partnerships have you sought to promote tourism in the region? We started talking to our hotels daily. We started talking to our public health officials, which was new to us. We started a partnership with tourism and public health, helping them to extend their message. We started partnering with local creative people to design masks and safety posters. I also give credit to The Chamber for a Greater Chapel Hill-Carrboro, which really took a leadership role and brought a lot of us together every week. It would be more apt to say that I was part of a partnership rather than created a partnership. We sat down as a visitor bureau staff, put a mirror up to ourselves and asked, what has to change? We really learned a lot during this experience and now is the time to see how we are going to come out of this. We used it as a chance to strengthen our conversations internally. www.capitalanalyticsassociates.com

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Market voices: Performing arts Elizabeth Doran, President & CEO, North Carolina Theatre

8min
pages 168-172

Roundtable: Regional hotels Jim Beley, Manager, The Umstead Hotel & Spa Pete Byers, General Manager, Residence Inn Raleigh Downtown Bill McCallen, General Manager, Embassy Suites Raleigh Durham Research Triangle East

7min
pages 164-166

Interview: Don Waddell, President Carolina Hurricanes

2min
page 167

Interview: Laurie Paolicelli

3min
page 163

Interview: Vincent Price, President Duke University

4min
pages 148-149

Interview: Brian Ralph, President William Peace University

7min
pages 152-155

Roundtable: Workforce training Lisa Chapman, President, Central Carolina Community College David Johnson, President, Johnston Community College Scott Ralls, President, Wake Technical Community College Thomas Stith, President, North Carolina Community College System

5min
pages 150-151

Interview: Cecilia Holden, President

2min
page 156

Interview: Randy Woodson

4min
pages 157-159

Interview: Rebecca Bolton, General

2min
page 162

Strong allure: The region hasn’t lost its tourism appeal, although it continues to deal with challenges

2min
page 160

Interview: Dennis Edwards

2min
page 161

Market voices: Education landscape Jo Allen, President, Meredith College

2min
page 147

Interview: Kevin McLeod, President & CEO, Carolina Meadows Senior Communities and Services, Inc.

7min
pages 138-141

Roundtable: Tech ecosystem Josh Arant, COO, MAKO Medical Jerry Lepore, CEO, MobileSmith Health

4min
pages 136-137

Interview: Michael Riccobene, CEO

3min
page 135

Interview: J. Bradley Creed

2min
page 143

Interview: Kevin Guskiewicz

2min
page 144

Interview: Evan Duff, President North Carolina Wesleyan College

4min
pages 145-146

Interview: Donald Gintzig, President

2min
page 134

Interview: Lyndon Jordan, MD

2min
page 133

Cutting-edge: The Triangle healthcare network is a leader in medical research, development and life sciences

2min
page 128

Interview: Craig Humphrey

8min
pages 130-132

Interview: Dr. Bill Fulkerson

2min
page 129

Interview: Mike Golden, Regional

7min
pages 122-125

Interview: William Hedgepeth

3min
pages 126-127

Interview: Brian Reid, President Raleigh, TowneBank

2min
page 121

Roundtable: Community-minded Travis Bailey, Regional Executive & Senior Vice President, First Bank Laura Bunn, Triangle Market President, First Horizon Lee Fite, Regional President - Mid Atlantic, Fifth Third Bank Taylor Vaughn, Market President, United Bank

8min
pages 118-120

Interview: Ted Whitehurst, CEO

3min
page 117

Interview: Jim Hansen, Regional President - Eastern Carolinas, PNC Bank

2min
page 113

Interview: Doug Middleton, General

2min
page 105

Interview: Ron Day, President & CEO First Carolina Bank

6min
pages 114-116

Interview: Robert Heuts, Airport

3min
pages 109-111

Interview: Michael Landguth

6min
pages 106-108

Mammoth shift: Financial players are navigating a new world of innovation and sustainable growth

2min
page 112

Interview: Charles Lattuca, President

10min
pages 101-104

Heavy weight: Can the region’s infrastructure and transportation backbone support the area’s rapid rise?

2min
page 100

Interview: Mahala Landin, Managing

2min
page 94

Interview: Jim Wiley, President Beacon Street Development

4min
pages 95-96

Interview: Linda Trevor, Broker

6min
pages 97-99

Perspectives: Challenges

2min
page 93

Interview: Shannon Dixon

2min
page 90

Interview: Marti Hampton, Owner

3min
page 91

Interview: Jon Rufty, Owner

2min
page 89

Market voices: Trends in residential Tina Caul, Founder, The Caul Group

3min
pages 87-88

Market voices: Architecture and design John Atkins, Chairman & CEO, O’Brien Atkins Associates, PA Teri Canada, Co-Founder & Managing Principal, Evoke Studio Gary Cline, President & Managing Principal, Cline Design Associates Jeff Paine, Co-Founder, Duda Paine Architects

3min
pages 78-79

Interview: Amy Carroll, President Principal, TradeMark Properties

4min
pages 80-81

Interview: George York, President CEO, York Properties

5min
pages 76-77

Cornerstones: Top office projects underway

2min
pages 82-83

Interview: Jim Allen, President Broker, The Jim Allen Group

2min
page 85

Hot streak: There appears to be no slowing down the heated home market, although constructors are having issues

2min
page 84

Roundtable: Outlook and trends William Allen, Partner, Trinity Partners

5min
pages 74-75

Interview: John Wood, President RE/MAX United

3min
page 86

Perspectives: Challenges

5min
pages 68-70

Interview: Frank Baird, CEO, Capital Associates Management

5min
pages 71-73

Interview: Terence McCabe

3min
page 64

Interview: Steve Hepler, Raleigh

2min
page 63

Interview: Jim Anthony, CEO, APG Capital and APG Advisors

2min
pages 65-66

Interview: Gordon Grubb, Founder

2min
page 62

Interview: Matt Hohorst, Vice

2min
pages 60-61

Interview: Pat Rodgers, President CEO, Rodgers

2min
page 59

Interview: Keith Burns, Managing Partner, Nexsen Pruet

2min
page 48

Perspectives: Financial services

2min
page 49

Interview: Devon Williams, Co

7min
pages 50-52

The right stuff: Commercial real estate in the Triangle is feeding off world- class anchors, emerging industries and an expanding population

2min
page 58

Market voices: The legal community Byron Kirkland, Managing Partner, Smith Anderson Leslie Packer, Managing Partner, Ellis & Winters LLP

4min
pages 44-45

Interview: Brad McRae II, General

5min
pages 46-47

Interview: Mike Hewitt, President CEO, vTestify

2min
page 43

Interview: Lee Hogewood, Managing

3min
page 42

Interview: Beth Tyner Jones

2min
page 41

Interview: Vladimir Rozanovich

2min
page 37

Triangulation: The appetite among professional services firms to set a Raleigh-Durham foothold is undeterred

2min
page 40

Market voices: County managers John Crumpton, County Manager, Lee County Rick Hester, County Manager, Johnston County Dan LaMontagne, County Manager, Chatham County

4min
pages 34-36

Perspectives: Economy

2min
pages 38-39

Roundtable: Chambers of Commerce Adrienne Cole, President & CEO, Greater Raleigh Chamber Geoff Durham, President & CEO, Greater Durham Chamber of

12min
pages 28-33

Interview: Pam Hemminger, Mayor

2min
page 27

Interview: David Ellis, County

2min
page 26

Cornerstones: Research Triangle Park

2min
page 25

Market voices: Mayor’s corner

4min
pages 20-22

Interview: Bill King, President CEO, Downtown Raleigh Alliance

2min
pages 17-18

Interview: John Byrne, Mayor, Town of Fuquay-Varina

2min
page 16

Interview: Scott Levitan, President CEO, Research Triangle Park

2min
page 19

Interview: Mary-Ann Baldwin

2min
page 15

Interview: Kip Padgett, Town

2min
page 23

Interview: Hal Hegwer, City

2min
page 24

Growth recipe: Raleigh-Durham has all the ingredients for a sustained rise up the economic ladder

1min
page 14
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