Remove Leases Remove Virginia Remove Zoning
article thumbnail

CoStar Creating 732 Jobs At Virginia R&D Center

Business Facilities

The new R&D center will create 732 new jobs and have a total economic impact of $250 million via direct local salaries, lease on the property, and capital improvements at the facility. The Virginia Economic Development Partnership worked with the City of Richmond and the Greater Richmond Partnership to land the project.

article thumbnail

FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

Buisness Facilities Contributed Content

Currently, the Port of Baltimore and Port of Virginia (in Norfolk) are the only East Coast ports that can accommodate the large ships. The Port of Baltimore is one of only two East Coast ports, along with the Port of Virginia in Norfolk, now able to handle post-Panamax ships. PORT OF VIRGINIA: READY FOR POST-PANAMAX SINCE 2006.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Highlights include the largest industrial spec development lease in the last five years in Broward County. s relocation of its forensics lab from Virginia to Peoria, where the company will continue to develop its proprietary DNA analysis technology. Population Less Than 50K. City of Rochester (NH).

El Paso 106
article thumbnail

FEATURE STORY: 2014 Economic Development Awards

Buisness Facilities Contributed Content

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). Because Virginia laws prevented BVU from serving residents directly, the city initially hoped that a carrier would step in and provide broadband.

Indiana 108
article thumbnail

Logistics: On the Road, Water or Rails…or in the Air — AGAIN

Business Facilities

To meet demand, rails increased capacity with 1,300 new and rebuilt locomotives; 3,800 freight car purchases; and 700 new leased freight carts. billion investment by Dominion Virginia Power, which constructed a cutting-edge technology power plant. Source: Brunswick County, Virginia IDA). Overall rail traffic was up 4.5

Roads 41
article thumbnail

FEATURE STORY: High-Tech Hubs Are Moving To Their Markets

Buisness Facilities Contributed Content

Ceva will be the ninth company in the KBA facility, which is 80 percent leased. The plan, announced July 2012, designates 17 solar energy zones totaling about 285,000 acres of public lands as priority areas for utility-scale solar development. IceCure Medical is leasing space in GCIC’s 50,000 sq. IceCure opened its U.S.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

Income 108