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

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Both programs have been extended until July 1, 2019. 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. headquarters.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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Mesa Mayor Scott Smith, City Manager Chris Brady and Economic Development Director Bill Jabjiniak assisted Apple with its Foreign Trade Zone application to provide real and personal property tax relief for Apple’s investment in the Mesa site. The company will occupy the new building in early 2019.

Deals 107
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Less Is More In New England

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The Granite Ridge Development District: The creation of the Granite Ridge Development District, a 913-acre commercial and entertainment zone, involved policy changes as well as active investment attraction. 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.

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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The Ignite Institute is on pace to welcome up to 1,000 students, grades 9-12, beginning in the 2019-2020 school year. As a designated Foreign Trade Zone (FTZ), Oswego County is designed for the convenient and cost effective production of goods. The company’s lease of the Hackensack building expired on June 30th, 2017.

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

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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. Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. The port and U.S. Mid Atlantic U.S.