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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson. The new law builds on Christie’s commitment to revitalizing New Jersey’s cities.

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Less Than Half of All U.S. Counties are Affordable for Homeownership

Pro Builder

Counties deemed unaffordable are those with housing costs exceeding 28% of the average household income. The largest metros where homeownership remains affordable on average are Chicago, Houston, Philadelphia, Cleveland, and Tampa. .

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Business Facilities Names 2013 Deal of the Year Winners

Buisness Facilities Contributed Content

The result was a deal that not only keeps Urban Outfitters in Pennsylvania, but secures a commitment to build two new facilities–a $100-million headquarters expansion at its Philadelphia site and a new $110-million fulfillment center in Gap, PA in Lancaster County.

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When office-to-residential conversion works

BD+C

Office buildings are worth more” than residential as income generators, she explains. Zoned business districts cease to function after 6 p.m.” Eliminating single-use zoning so people can live throughout the city, where all of its districts thrive at all times, is a “net positive,” he says.

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After Sandy: New Report Looks At Mitigating Climate Change Through Land Use

Buisness Facilities Contributed Content

“The implications of climate change and rising sea levels are issues that are here to stay,” David Ricci, partner at The Flynn Company in Philadelphia noted. Conduct a cost/benefit analysis of the defined land use typologies to identify less vulnerable zones for long-term planning and public spending.

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Pennsylvania Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Historic Preservation Tax Credit (HPTC): (newpa.com/hptc) Provides tax credits to qualified taxpayers who will be completing the restoration of a qualified historic structure into an-income producing property. These areas are defined as counties outside of the Philadelphia MSA and those with populations below 1 million.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

Mesa Mayor Scott Smith, City Manager Chris Brady and Economic Development Director Bill Jabjiniak assisted Apple with its Foreign Trade Zone application to provide real and personal property tax relief for Apple’s investment in the Mesa site. Mesa also processed the required permits expeditiously.

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