This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As temperatures start to plummet, work on construction and industrial sites can become more hazardous and dangerous by several orders of magnitude – whether it’s frozen equipment and supplies, bitter cold hampering your workers or the weather making even the simplest tasks a potential accident nightmare.
Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. This includes analyzing factors such as zoning regulations, transportation access, and market demand. To Lease or Sell?
Your industry will influence your location, but here are a few things to consider when it comes to choosing a workspace for your business. Taxes can also vary depending on the city so find a city that is friendlier to a business of your size and industry. Safety and Zoning. Many cities have very strict zoning requirements.
With the Federal Reserve Bank’s recent admission that inflation is rising faster than expected, mortgage interest rates are likely to follow, industry experts say. Home buyers, and homeowners, have been rushing to take advantage of what many imagine will be the last chance to lock in a 30-year mortgage at under 3 percent. Read More. .
Despite anaemic job growth, the demand for industrial warehouse space and modern distribution centers remains strong, according to Colliers International’s Global Industrial Midyear 2013 Highlights Report , released on July 8, 2013. Key Findings. warehouse space is old enough to be considered functionally obsolete.
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. All of these metrics are compared to industry standard measures. headquarters.
Each year, Business Facilities selects the organizations that have established and consistently executed the best practices in our industry, bringing measurable success in targeted economic development to the locations they represent. Highlights include the largest industrial spec development lease in the last five years in Broward County.
The food processing industry works to convert raw materials, such as grains, dairy products and meats, to processed food. Much of the foods found in grocery stores have been processed, and the industry remains one of the largest in the United States. Overall, the food processing industry is largely necessary in today’s society.
seaports continues to outperform the broader industrial market. Influenced by an evolving maritime logistics industry, global and trade transformations such as the extension of the Panama Canal and growth of U.S. Industrial Real Estate Sector appeared first on Business Facilities. exports, they see a bright long-term future.
Data centers are generally multi-tenant Internet hosting data centers or single tenant enterprise data centers with minimum requirements for their telecommunications infrastructure specified by the Telecommunications Industry Association’s TIA-942 Telecommunications Infrastructure Standard for Data Centers. 65,000 square feet of Biology Labs.
Southwest Louisiana is undergoing an industrial renaissance with record amounts of domestic and foreign-direct investment in new chemical and energy projects,” Gov. We encourage all of our industries to consider SWLA as a potential home base for their headquarters facilities.”. Edwards said. “We Businesses come first in St.
It wasn’t until the later stages of the industrial revolution that it fell out of favor. As factories got bigger and the consequences of their pollution more noticeable, municipalities adopted zoning statutes that kept residential sectors segregated from industrial districts. Benefits of mixed-use development.
This public-private partnership with Louisiana Economic Development, IBM and LSU is a powerful example of the triangulation between industry, government and academia that elevates the state’s role as a national leader in economic development,” said Koubek. But Huntsville, our no. manufacturing sector.
More builders and investors are testing the waters of the single-family build-to-rent sector as consumers seek affordable housing options and to lease rather than buy. There are billions and billions of dollars out there to finance homes that can be leased as fast as they can be built.”. cbroderick. Mon, 01/11/2021 - 06:00. million.
Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). billion industry with several new studio complexes under development. WyoRECs™ Renewable Energy Credit Discount Program. Georgia Department of Economic Development.
There are multiple causes— the cost of land, city requirements on zoning and home site footage , and NIMBY i s m (Not In My Back Yard)— but often it simply comes down to making a project pencil out … which is increasingly challenging and often not achievable. Since their grand opening in November 2022, the Villas are currently 63% pre-leased.
Arizona is home to a surging ecosystem of global giants, early stage entrepreneurs and tech-savvy Millennial talent who are breaking new ground across a wide range of industry growth sectors. After leasing the U.S. Zoned mixed-use/commercial. Strong workforce within a 45 minute commute zone. Zoned mixed-use/commercial.
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. The industry’s seasonal adjusted annual selling pace fell to 17.3 That includes research and development for the industry’s future.
A return to growth will be healthy for innovation, product development and game-changing technology creation—a cornerstone of this industry.”. No industry exemplifies this advantage more than Acadiana’s thriving and diverse aviation industry. According to the study, the aerospace and defense sector directly employed 1.2
The health of this industry is a vital economic indicator since sales tend to be driven by personal income, consumer confidence and interest rates. According to the NRF, retail industry sales (excluding automobiles, gas stations and restaurants) will grow 3.1 Investment Zones & Distinct Communities. Cape Coral ranks No.
Amata City Industrial Estate offers 5,692 acres and 40,000 employees in Thailand’s Rayong Province. The productive and insightful business component of the trip was balanced with the pleasures of Thailand’s fine cuisine and its generous hospitality industry. Photo: Thailand Board of Investment.). By Bill Trüb.
Whether an entrepreneur owns the building or will need modifications to a leased building, they would likely need more information to narrow down the expense. Finally, Dr. Shepard suggests that you get ideas from existing offices in your industry, either in person or online, and collect photos of design elements that you like.
While existing zoning and site constraints influenced the volume and footprint parameters, every aspect of the 0.6-ha The building volume and footprint was decided based on the existing zoning and site constraints (cross access easements, site geometry, adjacent uses, etc.).
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. In addition, Danos is expected to utilize Louisiana’s Quality Jobs and Industrial Tax Exemption programs.
million in a port-owned distribution/ripening facility to be leased to Chiquita. Archives Articles By Industry Articles By Location Articles By Topic Daily News Featured Post Incentives Logistics And Distribution Louisiana Mississippi Online Features Ports And Free Trade Zones U.S. per TEU (total value of $1.11 million to 1.45
One of the fastest growing trends in the site selection business is the demand for certified industrial sites. Here is a roundup of some of the leading certification programs which have become the key for states and local municipalities to get their industrial sites ready in order to lure in new businesses and large-scale projects.
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. FILM INDUSTRY GROWS IN GA. Mesa also processed the required permits expeditiously.
The Granite Ridge Development District: The creation of the Granite Ridge Development District, a 913-acre commercial and entertainment zone, involved policy changes as well as active investment attraction. As a percentage of the city’s development, commercial and industrial increased from 19.3 The NH Dept. percent in 2003 to 24.7
Foreign-Trade Zones (FTZs) Program was created in 1934 with the goal of helping businesses in the U.S. Economic developers can leverage the benefits of FTZs to attract jobs and investment, and to facilitate maintenance and expansion of their existing industrial base. military forces. It has been a critical tool in helping U.S.
In Lafayette, CGI is solving complex business and IT challenges for clients seeking services from a technology partner that shares a common time zone, language and understanding of client business operations. CGI is leasing space for its center in the new 50,000-square-foot, $13.1
The city that rose on three mighty rivers in western PA is home to a number of industrial powerhouses, including aluminum giant Alcoa, U.S. A burgeoning health care industry drives the regional economy in Pittsburgh. Pittsburgh: Healthcare Hub. Pittsburgh, PA perennially makes our list of the most livable cities in the nation.
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. SMUD is a major force in helping Sacramento develop into a leading clean tech/green tech industry center.
The Studio by Ashton Woods creates a stress-free zone for homebuyers and potential customers as they make design selections. Best Sales / Leasing Center. Best Sales-Leasing Center. This extended version of the article that appeared in the March/April 2021 issue of Pro Builder features additional images from Nationals winners.
The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal. Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. The new cranes were manufactured by Shanghai Zhenhua Heavy Industries Co.,
Successful partnerships between academia and industries are regularly developing new products and technologies. One of Pittsburgh’s top regional strengths is its Information and Communications (ICT) industry, which includes nearly 1,600 ICT firms with more than 26,000 employees and 6,000 computer and electrical engineers.
Certified shovel ready sites are in growing demand among companies and site selection consultants, and they are an increasingly popular tool for communities to attract new business and industry. The plant will be located on an 83-acre GRAD site in the Effingham County Industrial Park. To get ready, many states across the U.S.
The overall cost of the logistics industry rose another 3.1 The transportation sector of the logistics industry grew by 3.6 To meet demand, rails increased capacity with 1,300 new and rebuilt locomotives; 3,800 freight car purchases; and 700 new leased freight carts. According to SoL, U.S. businesses spent approximately $1.39
Corporate Headquarters Credit: Provides a 20% credit based on the cost of the actual portion of the facility dedicated to the headquarters operation or direct lease costs for the first five years of operation. TAX INCENTIVES. The credit can be applied against either corporate income tax or the license fee. WORKFORCE DEVELOPMENT.
The aluminum company announced that it will expand its rolling mill operation in Alcoa to meet growing demand for light, durable and recyclable aluminum sheet for the automotive industry. Targeted Industries: Warehousing & Distribution, Headquarters & Back Office Operations, Data Centers, Call Centers, Manufacturing.
has made Louisiana a prime development state for major capital investments in new and expanding process industries–manufacturers that rely heavily upon natural gas as a feedstock. Record growth of the industry resulted from the extension of the federal Production Tax Credit (PTC) in 2013, which provided up-front tax relief of 2.3
With scenic swatches of pastoral landscape and urban hubs like Memphis, Nashville and Knoxville, Tennessee is capitalizing on its diverse markets with a new tool which, it hopes, will become an industry standard bearer. A clear path to acquiring or leasing the property must be identified and documented. Furthermore, Gov.
Hogan’s 2017 Environmental Package includes initiatives to grow jobs in green industries, promote the use of electric vehicles, invest in renewable energy innovations and promote clean water commerce. million square feet of occupied industrial and commercial space, more than 1,900 jobs and nearly $320 million in capital investment.
Industrial Development Bond Program (IDB): Under its IDB Program, the Authority makes loans to manufacturers that qualify as small issue manufacturers. The program is targeted to manufacturing, processing and value-added industries. Loans can be used for working capital, inventory and small equipment.
We organize all of the trending information in your field so you don't have to. Join 116,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content