Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

HILTON HEAD ISLAND, S.C. (AP) — Hilton Head Island leaders say shuttle buses, food trucks and charging for parking could ease traffic congestion on the popular south end of the island near Sea Pines Plantation. Local news outlets report town ...

Tagged with: Hilton Head

WASHINGTON (AP) — Federal Reserve officials believed last month that near-term risks to the U.S. economy had subsided and that an interest rate increase could soon be warranted. But they did not indicate when they would likely raise rates. The ...

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NEW YORK (AP) — Mid-America Apartment Communities Inc. is buying rival real estate investment trust Post Properties in a deal worth about $3.9 billion. The deal brings together two companies that owns or operates rental communities in several southern cities, ...

Tagged with: Post Properties

NEW YORK (AP) — The re-opening of the World Trade Center mall Tuesday, is expected to help transform downtown Manhattan shopping and illustrate how much progress has been made in rebuilding and revitalizing the area since the 9/11 attacks. Shops ...

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NEW YORK (AP) — Home Depot posted record sales and earnings during its second quarter and raised its profit expectations for the year as the U.S. housing market continues to warm up. The Atlanta home improvement retailer’s profit jumped 9 ...

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WASHINGTON (AP) — Apartment construction in the Northeast fueled a jump in home building in July as the pace of housing starts nationwide reached the strongest pace in six months. The rate of overall construction rose 2.1 percent to a ...

Tagged with: home construction

U.S. homebuilders are feeling more optimistic about the housing market this month, reflecting strong growth in new-home sales and prices. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday rose two points to 60 following a downwardly ...

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NEW YORK (AP) — Department stores trying to recapture their appeal to consumers are making plans to provide more experiences like spas and restaurants, and offer exclusive selections to transforms the store into more of a destination. With shoppers increasingly ...

Tagged with: department stores New York City retail

NEW YORK (AP) — Part of a crane struck the 12th floor of 3 World Trade Center, which is still under construction, New York City officials said Thursday. Fire officials said a crane had lowered material to the ground at ...

Tagged with: World Trade Center

FRANKFURT, Germany (AP) — Record low interest rates were meant to be a temporary response to the global financial crisis. But eight years later, rates are still near zero or even below in much of the developed world, and some ...

Tagged with: interest rates