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NAR Study Says Years of Underbuilding to Blame for Housing Shortage

Pro Builder

NAR and the National Association of Home Builders, among others, predicted back in 2011 and 2012 that supply would be a problem by 2017. Construction. Construction. Mortgage interest rates, which hit 15 new historic lows last year, aren’t helping. And that will naturally slow down housing demand from the current frenzied pace.

Housing 111
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Innovation Is Thriving In Arizona

Business Facilities

From the July/August 2017 Issue. After leasing the U.S. Zoned mixed-use/commercial. Strong workforce within a 45 minute commute zone. City will construct parking structures and provide ample surface parking. Strong workforce within a 30 minute commute zone. Zoned mixed-use/commercial. By the BF Staff.

Arizona 76
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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. Section 5 is scheduled to be finished by June 2017. Overall rail traffic was up 4.5

Roads 41
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Global Growth Surge in Southwest Louisiana

Business Facilities

From the July/August 2017 Issue. This decision bolsters the company’s footprint in Southwest Louisiana, after it announced the construction of a $1.1 Louisiana Economic Development officials estimate the project will create 1,200 permanent new indirect jobs along with 3,000 construction jobs. Generally these sites are leased.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

The Apple manufacturing facility will create 700 jobs with average salaries of $45,000 as well as 1,300 construction jobs, creating an overall economic impact for the region of $1.33 This highly cooperative team worked with Apple on their purchase of the former First Solar facility, a 1.2-million-square-foot manufacturing.”

Deals 107
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Less Is More In New England

Business Facilities

From the July/August 2017 Isssue. According to the Connecticut Department of Labor, the May 2017 unemployment rate for Connecticut was estimated at 4.9 percent (seasonally adjusted), unchanged from April 2017 and down four-tenths of a percentage point from a year ago. By the BF Staff. percent in 2016, was down 0.8 The NH Dept.

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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 largest project in the community’s history, the West Haymarket redevelopment project, was sup- ported financially by the Partnership through the passage of a bond issue that will construct a new 16,000-seat arena.

El Paso 106