Green Building Law Update
SEPTEMBER 21, 2011
In 2007, the Destiny USA project qualified for $238 million in tax-free financing through the Green Bonds program. “When a major, major mall puts together a program creating leases requiring — requiring —tenants to be LEED-certified, it’s a major, monumental event.”
Buisness Facilities Contributed Content
MAY 26, 2014
The Texas Legislature created the TEF in 2003 and re-appropriated funding in 2005, 2007, 2009, 2011 and 2013 to help ensure the growth of Texas businesses and create more jobs throughout the state. The company extended its lease in Greenway Plaza in March of 2013.
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Buisness Facilities Contributed Content
MARCH 28, 2014
Leases range from 5,000 square feet to complete buildings. million square feet between 2007 and 2020. The tenant mix includes a mixture of national and international high-tech and defense related businesses. The entire development will include over one million square feet of Class A office space.
Buisness Facilities Contributed Content
AUGUST 5, 2013
During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge. Between 2002 and 2007, China’s national automobile market grew by an average of 21 percent, or one million vehicles year-on-year. By 2000, China was producing over two million vehicles.
Buisness Facilities Contributed Content
MAY 15, 2013
Targeted Industries: IT & Computer Tech, Energy, Petroleum Refining & Chemical Products, Advanced Tech & Manufacturing, Aerospace & Defense. For its groundbreaking work, the company received a $1 million Small Business Innovation Research award from the Defense Advanced Research Projects Agency (DARPA) in July 2012.
Business Facilities
AUGUST 1, 2014
Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009. 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.
Buisness Facilities Contributed Content
MARCH 21, 2014
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment. TAX EXEMPTIONS.
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