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The Maryland Green Building Council recommended a broad and deep expansion of green building leasing by state government and the Maryland Department of General Services has agreed to enlarge what is a “high performance building” for the purposes of state government leasing. public private partnerships are the de rigueur).
Regency Centers Corporation, a publicly traded REIT, completed the sale of $250 million of “green building bonds” on May 14, 2014. ” Only days before the green building bond sale, on May 12, 2014, Regency was honored by the U.S. Green building bonds are a new investment vehicle in the U.S.
The firm’s top researchers believe the “global real estate disconnect” between buoyant investment markets and more cautious leasing markets that existed during 2013, is narrowing in the United States as the nation’s recovery broadly diversifies ahead of many of its global counterparts.
From the July/August 2013 issue . During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge. 1000 pound thrust; and Investments into new local capabilities including design, fabrication, and remote hot fire test capabilities for “Green” propulsion systems.
From the March/April 2013 issue. And now, without further ado, here are the winners of our 2013 Economic Development Awards. Highlights include the largest industrial spec development lease in the last five years in Broward County. The post FEATURE STORY: 2013 Economic Development Awards appeared first on Business Facilities.
A properly drafted Phase I can create huge dollar advantages serving as a marketing piece in an associated real estate transaction, be it a sale, a lease or a loan secured by real estate or., And in another blog post last month, I wrote, I Just Read my 1000 th Phase I Environmental Site Assessment this Year.
From the May/June 2013 issue. Pietro Fiorentini USA plans to lease space at the former Wheeling Corrugating Plant in Brooke County currently owned by Business Development Corporation of the Northern Panhandle and Hackman Capital based in Los Angeles to get operations under way within six months. West Virginia Gov. Earl Ray Tomblin.
Panasonic, which signed a landmark 15-year lease to move from Secaucus to Two Riverfront Plaza, recently completed its relocation to its new headquarters, occupying 10 floors of the 12-story building, developed by a joint venture partnership of SJP Properties and Matrix Development Group. . Pozycki, CEO of SJP Properties.
The Texas Legislature created the TEF in 2003 and re-appropriated funding in 2005, 2007, 2009, 2011 and 2013 to help ensure the growth of Texas businesses and create more jobs throughout the state. The company extended its lease in Greenway Plaza in March of 2013. billion in goods in 2013. billion, up 5.4 export growth.
From the March/April 2013 issue. Large-scale data centers are known to use the amount of electricity equivalent to small towns and, despite many greening initiatives, some centers release a significant amount of air pollution in the form of diesel exhaust. Greene And The Greening Of Data Centers. By Bill Trüb.
Magnolia LNG will seek federal Department of Energy free trade agreement approval in 2013. The company will submit a pre-filing application to the Federal Energy Regulatory Commission in March, before it completes the selection of project partners by June 2013. venture by 2015.”. LED began working with Magnolia LNG in late 2012.
Construction is expected to commence in summer, 2013. The Effingham IDA will enter a 20 year capital lease with Medient and provide $1.25 The Master Plan has been completed and is being submitted to the County for formal approval. million for site development.
This year a new construction code for high-performance, sustainable buildings, is expected that will govern all new construction, major renovations and leased space acquisition. This new code, based heavily on ASHRAE 189.1,
We also felt it was time to single out a statewide achievement in alternative energy that goes beyond the simple calculus of adding up wind turbines or solar panel arrays and honors a game-changing investment in the future of green power transmission. In April 2013, the RV components manufacturer announced plans to invest $12.8
Construction of wind turbines set a record in 4Q 2013 with 10,900 megawatts of capacity being added; nationwide, nearly 50,000 turbines have been installed. Early estimates for 2013 production project that output in PA topped 3 trillion cubic feet last year. In November 2013, MidAmerican Energy Co. The project is part of a $1.9-billion
The announcement accompanies the company’s approval of a 40-acre lease for the project by the port’s board of commissioners, with Danos beginning construction on a facility in the fourth quarter of 2014. The Danos manufacturing facility represents a key portion of a larger expansion announced by the company in May 2013.
According to the Illinois Government News Network (IGNN), “In 2013, 3,000 families purchased homes through one of IHDA’s programs, generating 1,500 jobs and infusing $70 million into Illinois’ economy. Quinn also looks to embrace green energy with the Illinois Clean Energy Fund. were named to the 2013 “Inc. percent in 2012.
From the March/April 2013 issue. New restaurants included Ruggles Green, Guru Burgers & Crepes and BLU. These combined projects will result in more than $221 million in new capital investment, 1000 new jobs, 2,000 retained jobs and more than 423,000 square feet of newly constructed or leased space. By Jenny Vickers.
Its most recent high-profile initiative is the December 2013 announcement by cyber-security firm Prolexic Technologies that it will move its global headquarters and round-the-clock security operations to Fort Lauderdale. In fiscal year 2013-2014, the state: won 164 projects, a 28 percent increase over 124 projects in 2010; saw $2.77
From the January/February 2013 issue. The federal Bureau of Land Management, which has subsurface mineral rights for much of the Monterey shale field, in December sold about 15 leases for thousands of acres of potential shale development in California. BARSTOW: ONWARD AND UPWARD IN 2013. By Robert Tilton. Last year, CA Gov.
Renewable Energy Fund : Provides grants, loans and other financing options to renewable energy projects with the potential to make electricity in a cleaner, more sustainable manner, while stimulating job growth in the green technology and energy sectors of Rhode Island’s economy.
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. As part of the More Alaska Production Act passed in 2013, for the North Slope only, this credit will increase to 45% on January 1, 2014, and the credit will change to 35% beginning January 1, 2016.
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Loan funds may be used to finance real estate, machinery and equipment and for the purchase or leasing of equipment. For credits based on investments made on or after January 1, 2013, a taxpayer is allowed no more than $500,000. The term of the loan will vary depending on the loan purpose with a maximum of 15 years.
From the gateway in the UK, we travel across Europe and give you a progress report on the countries and locations that are doubling down on their investment in biotech growth, which our friends across the pond like to quantify in three distinct segments: Red (pharma, medical), White (industrial) and Green (nutrition technology).
Due to favorable lease agreements, affordable labor and a pro-business environment, these manufacturers have seen 16 percent job growth in the last 12 months. Ak-Chin’s low utility costs, unique tax savings and below market lease rates add to its attraction. MI GREEN THUMB, I-69 CORRIDOR DRIVE FOOD PROCESSING GROWTH.
The remodeled facility is slated to start mass production during the second half of 2013, mainly producing 28-nm system-on-a-chip (SoC) solutions for tablets and smartphones. Ceva will be the ninth company in the KBA facility, which is 80 percent leased. Another Green Grid Initiative is the $1.5
However, analysts say higher interest rates and a glut of cars coming off leases (which will crowd used-car lots with late-model vehicles available at discounts) could act as a damper on new-car sales. These larger vehicles account for more than half of U.S. The industry’s seasonal adjusted annual selling pace fell to 17.3
Construction is expected to begin in the first quarter of 2013, and completion of construction of the first manufacturing buildings is planned for 2015. The company will continue to maintain a presence at their Norwood location until their final lease ends in 2013. The bioscience industry in Georgia created $19.5
Loan funds may be used to finance real estate, machinery and equipment and for the purchase or leasing of equipment. A project located on property leased from a government entity qualifies for an exemption for up to five additional years upon annual application by the project operator. Land does not qualify for an exemption.
Manufacturing Sales Tax Exemption: The sales tax burden is exempt on the sale or lease of machinery to be used in the State of Wyoming directly and predominately in manufacturing tangible personal property.
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment.
will give the company 75,000 square feet of new manufacturing and office space, and is expected to be completed in the summer of 2013. BauschLinnemann will begin hiring for the new positions in the beginning of summer 2013. The company farms and cans tomatoes, okra, corn, squash, beans, peas, peaches, peanuts, greens and more.
That’s well above the approximately $1 billion in aluminum-related projects announced 2001-2013. In April, Kobe Aluminum Automotive Products, in Bowling Green, announced a 129-job, $51-million project, its seventh Kentucky expansion. The company’s lease of the Hackensack building expired on June 30th, 2017.
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