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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.

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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

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

Buisness Facilities Contributed Content

Companies located here include the University of Pittsburgh’s Roar Lab, UPMC’s Technology Development Center and Google’s new office. Over the summer, the company expanded into a 40,000-square-foot office in Larimer’s Bakery Square. We have an incubator for start-up companies with offices and wet labs.

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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

The Austin Chamber of Commerce, Travis County and the Governor’s Office of Economic Development and Tourism were key players in bringing the project to fruition. The funding, provided by the Cabinet for Economic Development’s newly created Office of Entrepreneurship, was awarded to Commerce Lexington Inc. Awesome Inc.

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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). The International Office at the IEDA offers financial assistance to eligible Iowa small businesses to help companies market their products and services to a global audience.

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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. The Internet company received a $2-million incentive package (tied to job-creation commitments) for its relocation to the 100,000-square-foot office. Saveology’s move to Margate will add 700 jobs to its operation.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.

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