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But just how would Chicago hosting the Olympics affect the city’s restaurant and retail construction activity ? Given the fact that most national and international retailers already have stores in Chicago, most retail construction will involve remodeling and expansion of existing stores. Here are a couple of my predictions….
In the final days of 2015, Nevada became the front line in the looming nationwide fight over energy policy when the Public Utilities Commission of Nevada altered rates for net metering impacting homeowners with rooftop photovoltaic panels. But the retail rate is at an actual loss to the monopoly utility.
Maryland residents may be eligible for a one time excise tax credit, up to $3,000.00, when they purchase or lease a qualifying plug-in electric vehicle through June 30, 2017. The rebate is 50% of the purchase and installation price capped for residential at $900, commercial at $5,000, and for retail service stations at $7,500.
an electronics-focused e-retailer, has announced plans to locate a new warehouse facility in Indianapolis, IN, creating up to 150 new jobs by 2015. The City of Industry, CA-headquartered company will invest $20 million to lease, renovate and equip an order fulfillment facility in Indianapolis. Newegg, Inc.,
Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The Tarpon Point Resort at Marina Village is home to a number of upscale retail shops and restaurants. By the BF Staff From the March/April 2016 Issue. Credit: City of Cape Coral). percent.
New space is often build-to-suit for major retailers and manufacturers, as an estimated 40% of existing U.S. An additional two million square feet are in the planning stages and expected to be complete by 2015. India Invests in Multi-Brand Retail Trading: Economic growth remained stagnant in India.
a homegrown Hoosier company, manufactures sports apparel and operates retail stores primarily under the LIDS brand, a familiar mecca for team caps in shopping malls across the U.S. The homegrown Hoosier company, which manufactures apparel and operates retail stores primarily under the LIDS brand, will invest $21.8 Hat World, Inc.,
plans to create 1,500 new direct jobs by late 2015 paying an average annual salary of $47,700, plus benefits, as well as make a capital investment in excess of $100 million. Targeting a retail cost of $6,800, the company will position the Elio vehicle as a cost-effective alternative to four-wheeled autos. Elio Motors Inc.
If the company opts for New Jersey over leasing a competing facility in the Bronx, the project would result in the creation of 40 new jobs and private investment of more than $8.9 Within advanced manufacturing, employment in food manufacturing is second only to chemical manufacturing, with more than 31,500 employed in New Jersey in 2015.
After leasing the U.S. In 2015, Apple decided to put its $2 billion, 1.3-million-square-foot Build to suit retail/restaurant pads and Class A office development opportunities. More than 2 million square feet of retail and restaurants within 3-mile radius. Exceptional access, infrastructure and walkable amenities.
MHC says starts rise in August; housing is mixed; retail remains weak; industrial gains. The outlook for retail construction remains bleak. whose sprawling stores are laden with extra space, is aggressively marketing itself as a place for other retailers to set up shop,” the Wall Street Journal reported on Friday.
IBM’s Tech Center in Baton Rouge will open in 2015. million in state and local performance-based grants (to assist IBM with facility lease costs, building operating costs; workforce recruitment, relocation and internal training costs; and payroll incentives). Photo: georgia.org.). The center will more than 500 direct jobs.
Waterstone Retail of Needham, MA has a 500,000-square-foot center underway with Phase 1 now open and Phase 2 approved by the city. The Rochester Opera House has been enjoying a renaissance, with 2015-2016 being its most successful season since it reopened in the 1990s. The NH Dept. percent in 2003 to 24.7
When the Panama Canal expansion is complete in 2015, supersized post-Panamax ships from Asia will be able to traverse the canal and, for the first time, have direct all-water shipping access to ports on the Gulf of Mexico and the East Coast. By Jenny Vickers. From the July/August 2013 issue. markets via train or truck.
The primary candidates for this program are businesses that create new wealth for the state and provide new jobs outside of the retail sector. Loan funds may be used to finance real estate, machinery and equipment and for the purchase or leasing of equipment. An unused credit may be carried forward up to seven tax years.
Jet launched in July 2015, bringing a significant number of jobs to Hoboken. Last year, childcare learning center Kiddie Academy signed a lease to occupy a portion of the complex’s retail space. Company sales in 2015 were estimated at approximately $50 million. Green Building Council (USGBC). Bank, FedEx and Chase Bank.
Leases range from 5,000 square feet to complete buildings. The Quantico Corporate Center campus, a project of the Silver Companies, is expected to have a total of 1 million square feet of space, including a conference center and retail square footage, to be built in phases. Over 500,000 square feet of space is now complete.
Generally these sites are leased. The public will build to suit and issue bonds for buildings and lease them back to the business. The owners generally are open to the sale or lease of their property and some will consider build to suit options. Essentially, the region is in the midst of a ‘boom.”
Flex PACE will allow communities the ability to provide assistance to businesses that would not meet the current requirements of PACE, such as: jobs retention, technology creation with no new jobs, retail, smaller tourist businesses and essential community businesses. Land does not qualify for an exemption.
eStockIt.com in Hollywood is an online retailer of restaurant, janitorial and office supplies. Government leaders are committed to retaining, creating and expanding job opportunities for the service, retail and industrial sectors of the community. Motorola Mobility, Plantation, FL. defense contracts. of new office space by 2014.
CVS produces “Grab Apples” from locally grown apples that are sliced, packaged and shipped to local schools, retail markets, restaurants and their distributors. In this past year, the Vineland plant implemented parent company General Mills’ program to improve the environmental sustainability of its operations by 2015.
For FY16 (July 1, 2015 through June 30, 2016) EDD has received an appropriation of $50 million in LEDA CO. Pays at least $40,000/year in a community with a population of less than 40,000 for jobs created after July 1, 2015. LEDA funds are provided on a reimbursable basis only. TAX INCENTIVES. Qualified jobs: . Qualified employers: .
Qualified jobs must be occupied for at least 48 weeks by the employee and: Pay at least $28,000/year in a community with a population of less than 40,000 for jobs created prior to June 30, 2015 or $40,000/year for jobs created after July 1, 2015. agriculture, construction, gambling, health care and retail). Apportionment.
The expansion consists of five new projects and will add up to 1,050- MW of wind generation in Iowa by the end of 2015. The foundation work for the Highland turbines started last fall and should be done by the end of the year, with the turbines and the more than 650 blades set to go up by the end of 2015. million reduction in 2015.
Non-Thai investors are permitted to hire foreign experts and technicians and also may qualify for land ownership rights if they would prefer not to lease office space. This location alone will produce and export 800,000 vehicles per year through 2015.
T he Council of Supply Chain Management Professionals’ (CSCMP) released its 26th Annual State of Logistics (SoL) Report® in June 2015. To meet demand, rails increased capacity with 1,300 new and rebuilt locomotives; 3,800 freight car purchases; and 700 new leased freight carts. By Dominique Cantelme From the May/June 2016 Issue.
In 2011, Emerson leased 18,000 square feet of space at the Sawgrass International Corporate Park with the option for an additional 9,500 square feet. The overall winner will be announced in October 2015. The expansion made room for 20 new employees, which brought its total employment in Sunrise to more than 70.
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Effective for facilities placed into service between January 1, 2011 and December 31, 2015. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. TAX INCENTIVES.
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. TAX EXEMPTIONS.
Construction officially started on the $600-million facility in April 2013 and aircraft assembly is planned to begin in 2015, with a targeted 2016 delivery of its first A320 jetliner. Lexington is a diversified growth engine for health and educational services, technology, retail trade, and manufacturing. According to Maryland Gov.
The lab opened in May 2015. percent are in manufacturing, while nearly 20 percent are in the wholesale and retail sectors. Richelieu has leased a 115,000-square-foot manufacturing facility, and plans to employ 115 people. The lab occupies 64,000 square feet of a former, 285,000-square-foot factory. Of those jobs, 33.5
Department of Energy for 2015, were 23.5 The company’s lease of the Hackensack building expired on June 30th, 2017. Build to suit retail/restaurant pads and Class A office development opportunities. More than 2 million square feet of retail & restaurants within a 3-mile radius. The firm will spend $6.7
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