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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

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With his signature on the Economic Opportunity Act of 2013, Gov. 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. By Jonathan Sanders.

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STATE FOCUS: Florida – Let The Sun Shine

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From the July/August 2013 issue. According to the Florida & Metro Forecast 2013–2016 , published in April by the Institute for Economic Competitiveness (College of Business Administration, University of Central Florida), Florida’s economic future also looks bright. percent in 2013, 2.5 percent during 2013 to 2016.

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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From the January/February 2013 issue. Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. Ultimately, ACT selected Sacramento because the availability of a qualified workforce and the benefits of locating in an Enterprise Zone.

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State by State Incentives Guide

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Alabama Economic Development Loan Program: The state has more than 2,300 commercial lending sources with assets of over $61.3 The Alabama Economic Development Loan Program is used to work with commercial lenders for projects in non-entitlement communities. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act.

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STATE INCENTIVES GUIDE

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ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ALABAMA ECONOMIC DEVELOPMENT LOAN PROGRAM: The state has more than 2,300 commercial lending sources with assets of over $61.3

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Oklahoma Incentives and Workforce Development Guide

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Foreign Trade Zones: U.S. Customs Duty Management Program where manufacturers and distributors located in Foreign Trade Zones—since for Customs purposes, are considered to reside outside the U.S.—benefit For debt obligations issued under this act, there is a maximum maturity of 25 years and a maximum coupon rate of 14%.

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More Commercial Real Estate Execs Expect To Increase Capital Spending Amid Tepid Economic Growth In 2014

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Amid slow-but-steady economic growth, more commercial real estate executives are looking to develop assets and deploy capital in secondary markets to generate returns, according to the 2014 Commercial Real Estate Outlook Survey conducted by KPMG LLP , the U.S. audit, tax and advisory services firm. Outside the U.S.,