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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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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones. The city has adopted three NH Economic Revitalization Zones, offering corporate tax credits to qualifying businesses.

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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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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

RenoFi | Philadelphia, Pennsylvania RenoFi.com is the first one-stop-shop marketplace for financing a home renovation. National Zoning Atlas | Ithaca, New York The National Zoning Atlas is a collaborative of researchers digitizing, demystifying, & democratizing about 30,000 U.S.

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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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