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

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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. The lifestyle apparel and footwear company was approved for a Grow NJ award of up to $13.1

Zoning 47
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BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana

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The property is part of the Urbana Corporate Center, a large campus that also is home to a 60,000-square-foot data center servicing Fannie Mae, a provider of housing loans to low-income Americans. As Maryland’s third-largest agricultural commodity, milk and dairy products accounted for $188 million in farm receipts in 2012.

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FEATURE STORY: 2013 Economic Development Awards

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Qualifying businesses are eligible to receive an accelerated, 10-year state income tax depreciation deduction, a sales tax exemption for equipment and materials purchased from the date of the project’s certification until three months after the facility is completed, and a 10-year ad valorem tax exemption. Achievement In Ports/FTZs.

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Cover Story: Global Biotech Report

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Life sciences are “in the air”—and potential employees are not far, taking into account the 3.600 graduates each year. percent tax rate for patent income). Corbett recently announced that Spark Therapeutics will expand operations at a new building at the University City Science Center, creating new high-wage jobs in Philadelphia.

Georgia 68
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Industry Focus: Aerospace Sector Is Flying High Again

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While aerospace and defense sector employees are found in every state, seven states accounted for half of all aerospace and defense sector employees in the U.S. billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9

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COVER STORY: 2012 Economic Development Deal of the Year Awards

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Entries from 17 states that jousted for our top awards included a biotech mega-complex in Georgia, a world- class commercial aircraft assembly facility in Alabama, a yogurt plant in Idaho and even a refinery in Philadelphia. Personal income impact estimated at $273 million (direct). Project Impact Estimates. billion.

Deals 85
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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

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RenoFi | Philadelphia, Pennsylvania RenoFi.com is the first one-stop-shop marketplace for financing a home renovation. Residents can invest their rental deposit directly into the Roots Fund and earn rental rebates for under the "Live in it Like you Own" it program that are invested in their fund account as well.