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Author Archives: Mecklenburg Times staff reports

U.S. construction spending hits 3-year high

U.S. construction spending in September rose to a nearly three-year high at an annualized rate of $852 billion, despite the ongoing downturn in public construction, the Associated General Contractors of America said this week. The AGC, an Arlington, Va.-based trade ...

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Simon, Tanger plan outlet centers in Charlotte

First, on Wednesday, Greensboro-based Tanger Factory Outlet Centers announced that it wants to build a 350,000-square-foot outlet center in southwest Charlotte. Then, on Wednesday, Indianapolis-based Simon Property Group and Baltimore-based Paragon Outlet Partners said they have signed a letter of intent to jointly develop Charlotte Premium Outlets, a 400,000-square-foot outlet center.

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