Investing In Opportunity Zones
Business Facilities
AUGUST 29, 2022
As part of the 2017 Tax Cuts and Jobs Act, Qualified Opportunity Zones across the U.S. provide a vehicle to reinvest capital gains for near- and long-term tax benefits.
Opportunity Zones: Window Of Opportunity
Business Facilities
OCTOBER 7, 2019
The new federal qualified opportunity zone (QOZ) tax credits are expected to unleash up to $6 trillion in capital investment in more than 8,700 economically distressed areas in the U.S. Read: Opportunity Zones: Window Of Opportunity at BusinessFacilities.com.
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Chicago-area joint venture antes up $1 billion for Opportunity Zone development investment
BD+C
APRIL 7, 2019
The Tax Cuts and Jobs Act of 2017 created the designation “Opportunity Zone,” for which the Internal Revenue Service will allow tax advantages for certain investments in lower-income areas when an Opportunity Fund invests more than 90% of its assets in a zoned property.
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Commercial Construction 2017 Trends and Predictions
HardHatChat
NOVEMBER 29, 2016
Looking back at the past 12 months, we’ve seen a tremendous variety of opportunities ranging from restaurant construction to senior housing development, yet there has been one common thread among our many projects that will continue to shape the work we do in 2017: creating an exceptional experience for the end user is more important than ever.
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Passive House is “In” in 2017
Green Building Law Update
JANUARY 8, 2017
As you consider what’s “in” and what’s “out” in 2017, within the realm of green building, Passive House is in. You can come up to speed quickly at the North American Passive House Network annual convention on October 4-8, 2017 in Oakland, California. Information is available from events@psssivehousecal.org.
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The Lien Zone Podcast Provides Impactful, Easy to Digest Construction Legal Advice
Construction Junkie
JUNE 16, 2020
Next up is The Lien Zone Podcast. Hosted by seasoned construction lawyer Alex Barthet, who is based in Florida, The Lien Zone Podcast is another one of our longest tenured shows to join our yearly competition. The podcast has been nominated for Best Construction Podcast every year since 2016 and even took home the top prize in 2017.
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Buffalo’s parking reform having noticeable impact on development
BD+C
JUNE 17, 2021
In 2017, Buffalo, New York, revamped its zoning code to cease requiring a minimum amount of parking for commercial and residential projects.
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TexAmericas Center Designated A Federal Opportunity Zone
Business Facilities
MAY 31, 2018
Read: TexAmericas Center Designated A Federal Opportunity Zone at BusinessFacilities.com. The census tract containing the industrial park is among seven in Bowie County, TX, to receive the new federal designation.
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2017 State Of The Year: South Carolina
Business Facilities
FEBRUARY 7, 2018
Read: 2017 State Of The Year: South Carolina at BusinessFacilities.com. The Palmetto State’s manufacturing base gets stronger while South Carolina invokes its can-do spirit and leverages impressive resources to expand a diverse set of new growth sectors.
Alabama’s 2017 Exports Set New Record
Business Facilities
FEBRUARY 15, 2018
Read: Alabama’s 2017 Exports Set New Record at BusinessFacilities.com. Alabama exports totaled a record $21.7 billion last year, thanks in large part to increased overseas shipments of automobiles, aircraft components, chemicals, paper, and minerals.
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AStrutTie 2017 – The powerful software for structural design
Construction Cost Estimating
JANUARY 7, 2018
HanGil IT develops AStrutTie 2017, a software that can be used for strut-tie model analysis and design for concrete members having disturbed stress region(s). This software facilitates the construction professionals to design corbel (bracket), abutment/pier footing, bridge pier coping (pier cap), frame corner, anchorage zone, deep beam, etc.
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July / August 2017 Issue (Volume 50, Number 4)
Business Facilities
AUGUST 1, 2017
The July / August 2017 issue features our 13th annual rankings report, presenting the top states, metros and global locations from every possible economic development angle. Read: July / August 2017 Issue (Volume 50, Number 4).
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May / June 2017 Issue (Volume 50, Number 3)
Business Facilities
MAY 30, 2017
The May / June 2017 issue features our annual tour of the locations that are leaders in logistics and distribution, ports and FTZs, LiveXchange 2017, biotech, tourism, and certified sites. May / June 2017 Issue (Volume 50, Number 3). Plus, what’s going on in Maryland, Louisiana, Nevada and Tennessee. BF Staff.
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Build Me A Building As Fast As You Can
Construction and Infrastructure Law
MARCH 9, 2021
Earlier this week, New York’s First Department, Appellate Division issued its decision related to 200 Amsterdam, [1] overturning the lower court’s decision which would have required 200 Amsterdam to remove several floors of its building in order to comply with zoning. Of the State of N.Y. ,
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The 12 Best Construction Podcasts of 2020
Construction Junkie
JULY 8, 2020
Former winners CONEXPO-CON/AGG Radio, The ConTechCrew, and The Lien Zone were back and all had strong showings in the voting round. To find the results of our 5 previous competitions, click the corresponding year: 2015 , 2016 , 2017 , 2018 , and 2019. Check out our full review of The Lien Zone by clicking or tapping here. #7:
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121 2017 Economic Development Deal of the Year: Bronze Award
Business Facilities
FEBRUARY 14, 2018
Read: 2017 Economic Development Deal of the Year: Bronze Award at BusinessFacilities.com. A partnership between Saudi Arabian Basic Industries and Exxon chooses Corpus Christi, TX for a new $10-billion ethane cracker.
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Build Me A Building As Fast As You Can
Construction and Infrastructure Law
MARCH 9, 2021
Earlier this week, New York’s First Department, Appellate Division issued its decision related to 200 Amsterdam, [1] overturning the lower court’s decision which would have required 200 Amsterdam to remove several floors of its building in order to comply with zoning. Of the State of N.Y. ,
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52 California Is Land Of Opportunity, Michigan Is Motor King
Business Facilities
JULY 26, 2019
California has crushed the competition as the top-ranked state for Opportunity Zones and Michigan is still the undisputed heavyweight champ in Automotive Manufacturing Strength in Business Facilities’ 1 5th Annual Rankings Report , released this week.
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Place Your Vote for the Best Construction Podcast of 2020
Construction Junkie
MAY 20, 2020
Former winners CONEXPO-CON/AGG Radio, The ConTechCrew, and The Lien Zone are back, as well as a many other podcasts that are new to the competition. To find the results of our 5 previous competitions, click the corresponding year: 2015 , 2016 , 2017 , 2018 , and 2019. vote for the lien zone. vote for the lien zone.
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How Owners Should Comply with OSHA Roofing Safety Guidelines
Pro Builder
MAY 27, 2020
OSHA prescribed certain safety requirements that were introduced in January 2017. OSHA has designated three work zones on low-slope roofs with unprotected edges that are four feet or more above a lower level. Among them are a raised warning line 15 feet from the roof edge, and a guardrail or cage around skylights. .
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Mitsubishi Electric Celebrates New Plant In Turkey
Business Facilities
MARCH 6, 2018
The $100 million plant in Turkey’s Manisa Organized Industrial Zone began production in December 2017 with more than 200 employees. Read: Mitsubishi Electric Celebrates New Plant In Turkey at BusinessFacilities.com.
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2017 wildfires highlight gaps in California’s approach to fire safety in urbanized areas
BD+C
DECEMBER 6, 2017
Actually, vulnerable zones can extend well beyond those areas. The maps could also better address the vulnerabilities of what is actually exposed. The wildland-urban interface where developed lands are exposed to natural, flammable areas is often assumed to be where the exposure ends.
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Opportunity Zones: Boom Or Bust?
Business Facilities
NOVEMBER 10, 2021
Opportunity zones allow investors with unrealized capital gains to sell those assets and reinvest the gain in a QOZ with a bigger after-tax return. The post Opportunity Zones: Boom Or Bust? appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions.
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95 Many coastal states performing poorly to protect beaches, coastlines
BD+C
DECEMBER 7, 2017
territories, 22 are performing at adequate to poor levels according to the Surfrider Foundation’s 2017 State of the Beach Report Card. Out of 30 coastal states and U.S. Coastal erosion causes about $500 million in coastal property loss annually in the U.S., including damage to structures and loss of land.
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NAR Study Says Years of Underbuilding to Blame for Housing Shortage
Pro Builder
JULY 19, 2021
NAR and the National Association of Home Builders, among others, predicted back in 2011 and 2012 that supply would be a problem by 2017. It’s clear from the findings of this report and from the conditions we’ve observed in the market over the past few years that we’ll need to do something dramatic to close this gap.”.
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111 Seven Trends Driving U.S. Job Growth
Business Facilities
SEPTEMBER 21, 2017
New research from CareerBuilder has identified seven major trends that have significantly influenced job creation over the last seven years (2010-2017). The seven trends are listed below, along with examples of impacted occupations for each trend with job growth rates from 2010 to 2017. Credit: altrendo images. ” .
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Ports & FTZs: Perfect Together
Business Facilities
JUNE 26, 2017
Importers get more bang for the buck by moving their goods through duty-free foreign trade zones located within or adjacent to ports. The nation’s ports are handling record amounts of shipping. Read: Ports & FTZs: Perfect Together.
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Business Facilities’ 15th Annual Rankings: State Rankings Report
Business Facilities
JULY 24, 2019
4 in Best Business Climate, Texas—all have been perennial contenders for BF’s top honor, the State of the Year Award: Texas and Tennessee each have won the award three times since it was created in 2007; Virginia was the 2018 SOTY; Alabama won BF’s top award in 2017. “An OPPORTUNITY ZONES ARE HERE. Cory Booker of NJ and Sen.
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Innovation Is Thriving In Arizona
Business Facilities
AUGUST 23, 2017
From the July/August 2017 Issue. Zoned mixed-use/commercial. Strong workforce within a 45 minute commute zone. Strong workforce within a 30 minute commute zone. Zoned mixed-use/commercial. Strong workforce within a 30 minute commute zone. By the BF Staff. Available infrastructure and utilities.
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76 Cascades Tissue Expanding In Oregon
Business Facilities
JULY 7, 2016
The project will break ground this summer, employing 200 during construction before opening its doors towards the end of the first quarter of 2017. .” The new plant will be located on industrial property adjacent to the Scappoose Industrial Airpark.
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Coastal Construction Relies on Impact- and Wind-Resistant Composite Roofing
Pro Builder
SEPTEMBER 7, 2021
They’ve also passed the TAS-125 certification test for wind uplift resistance in High Velocity Hurricane Zones up to 180mph. Excitement over completing a coastal dream home turned to deep concern for Mary and Larry Anderson when their new house faced Hurricane Irma in 2017. . Putting Composite Roofing to the Test. No Coastal Concerns.
Asian Markets Spur Exports Surge from Minnesota
Business Facilities
JUNE 8, 2018
More than $7 billion in goods were shipped from Minnesota to Asia in 2017, with shipments to Japan notching a 30 percent increase over the previous year. Read: Asian Markets Spur Exports Surge from Minnesota at BusinessFacilities.com.
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Comfort Systems Road Map: A Plug-and-Play Residential Duct System
Pro Builder
SEPTEMBER 27, 2021
From 2015 to 2017, IBACOS performed lab tests and modeling to validate the technology. Source: July 2017 report: "A Plug-and-Play Duct System Evaluation" / DOE Building America. “As Part of the project was to develop a design methodology for determining the length and number of duct runs. Smaller homes could be conditioned using 2.5-inch
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Evaluating Natural Disaster Risk In Site Selection
Business Facilities
OCTOBER 24, 2017
The Copernicus Sentinel-3A satellite recorded the temperature at the top of Hurricane Harvey as the storm approached Texas on August 25, 2017. T he United States, Mexico, and the Caribbean have been bombarded by devastating and historic natural disasters the second half of 2017. Image: European Space Agency). Wildfire Risk.
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How the Pandemic Will Shape the Future of Off-Site Residential Construction
Pro Builder
MAY 12, 2021
For example, factory environments support social distancing practices, since workers remain in controlled, stationed zones. However, the industry has only improved productivity growth by 1% year over year for more than 20 years, according to a 2017 McKinsey report. The construction industry is massive, representing 13% of global GDP.
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111 Maryland: Green Energy Institute Brings Innovation To Market
Business Facilities
NOVEMBER 22, 2017
From the September/October 2017 Issue. Boyd Rutherford (left) and Environment Secretary Ben Grumbles, discusses his 2017 Environmental Package. Larry Hogan’s 2017 environmental agenda, which the governor unveiled in January. By the BF Staff. T he Maryland state legislature has allocated $7.5 Larry Hogan, with Lt.
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45 GM Financial To Build Facility In San Antonio, TX
Buisness Facilities Contributed Content
DECEMBER 22, 2015
Construction is scheduled to begin in early 2016 and GM Financial will begin occupying the building in the first quarter of 2017. “As The San Antonio location was selected based on several factors, including a strong workforce, an ideal time zone that can service customers across the U.S., acres of land off of Raymond E.
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Pennsylvania Incentives and Workforce Development Guide
Business Facilities
JULY 11, 2014
For-profit small businesses (100 employees or less) that are located in a DCED designated distressed community or Keystone Opportunity Zone is eligible. It is a companion program to the Keystone Innovation Zone (KIZ) program. 1, 2017 and Dec. Export Financing Program: Funding for small business for export activities.
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45 Snapshots: 60 Seconds With Terry Gill, Kentucky Cabinet for Economic Development
Business Facilities
NOVEMBER 7, 2017
From the September/October 2017 Issue. Build-Ready assures that utilities, zoning, permits and even a building pad are all taken care of before a company has made the decision to locate. By the BF Staff. BF: Braidy Industries announced earlier this year that it will build a $1.3-billion
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Icy Hot
Buisness Facilities Contributed Content
JANUARY 28, 2016
At the conclusion of the World Economic Forum last week, Russian Foreign Minister Sergey Lavrov declared that Russia is eager to mine the Arctic for rubles and prepared to partner with other nations to develop its portion of the Arctic zone.
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40 CoStar Creating 732 Jobs At Virginia R&D Center
Business Facilities
OCTOBER 26, 2016
CoStar Group is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Governor Terry McAuliffe approved a $4 million grant from the Commonwealth’s Opportunity Fund to assist Richmond with the project.
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A Blueprint For Success In Rural Colorado
Business Facilities
DECEMBER 7, 2017
From the September/October 2017 Issue. Most also qualify for multiple tax credits through the Colorado Enterprise Zone. Bonsai Design, a 2017 Colorado Companies to Watch, will move its headquarters here next spring, complete with a signature aerial adventure course open to the public. By the BF Staff.
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43 Iowa: Moving To The Top Of The Class
Business Facilities
DECEMBER 6, 2017
From the September/October 2017 Issue. This high achievement level is one reason a 2017 Chief Executive survey of CEOs placed Iowa second in the nation in worker quality. By the BF Staff. I owa’s leaders have an ambitious target for the state’s workforce education goals. Iowa consistently earns high marks for its education climate.
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Iron Mountain Picks Northern Virginia For Data Center Campus
Buisness Facilities Contributed Content
MARCH 10, 2016
Prince William County was selected above other national and regional jurisdictions due to the availability of large industrial zoned sites and abundant fiber and power. Iron Mountain intends to open the first building on the campus in spring 2017. Source: Iron Mountain.
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