Remove 2019 Remove Leases Remove Retail Remove Security
article thumbnail

FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

A central element of the public-private partnership that secured the IBM center is the construction of a mixed-use, $55-million riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of BRAF.

Deals 107
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Effective for facilities placed into service between January 1, 2011 and December 31, 2019. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. TAX INCENTIVES.

Income 108
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

Buisness Facilities Contributed Content

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. Corbett and state and federal officials from both Pennsylvania and Delaware, to secure the remaining funding needed to complete the project. The port and U.S.

article thumbnail

Less Is More In New England

Business Facilities

Waterstone Retail of Needham, MA has a 500,000-square-foot center underway with Phase 1 now open and Phase 2 approved by the city. Safran Aerospace Composites, in a unique partnership with Albany, has built a 345,000-square-foot facility for composite jet engine components, and has secured an option on another 50 acres. The NH Dept.

article thumbnail

Advanced Manufacturing: Manufacturing Gets Smarter, Faster

Business Facilities

The Ignite Institute is on pace to welcome up to 1,000 students, grades 9-12, beginning in the 2019-2020 school year. Recent upgrades to the Port’s security system allow the Port to handle high-security shipments. The company’s lease of the Hackensack building expired on June 30th, 2017. The firm will spend $6.7