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NJ Mall Project Stirring

Construction Knowledge

Chris Christie called, “the ugliest damn building in New Jersey and maybe America.” For the last couple years, Triple Five Developers (owner of the Mall of America in MN), have been parlaying with NJ state officials over the financing package. The photo below indicates the lack of overstatement.

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The Road to Recovery in Detroit

Buisness Facilities Contributed Content

The finances of a city once the center of the automotive universe are in the hands of an unelected manager appointed by Michigan’s governor. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009. These have been dark days for Detroit.

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PSMJ Resources Blog: Construction job openings, pay rose at.

PSMJ Resources

” Private-sector employment and union membership increased at the same rate from 2010 to 2011, leaving membership at 6.9% Employment in construction rose from an average of 6,103,000 to 6,244,000, while union employment rose from 801,000 (13.1%) to 874,000 (14.0%). For union members, earnings rose 0.8%, from $1,051 to $1,059.

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State Focus: Arkansas – Easy To Reach, Easy To Grow

Buisness Facilities Contributed Content

Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. Union Pacific operates major yards in Little Rock and Pine Bluff, along with a locomotive repair facility in North Little Rock. Kiplinger’s Personal Finance ranked Little Rock no.

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COMMUNITY PROFILE: Opportunity Knocks in Southwest Louisiana

Buisness Facilities Contributed Content

Sasol North America plans to invest up to $21 billion on a gas-to-liquid and ethylene cracker/derivatives unit in Lake Charles, one of the largest foreign investment projects in American history. Rail service is provided by Union Pacific, Burlington Northern, Santa Fe and Kansas City Southern. EXPONENTIAL GROWTH IN SWLA.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Pennsylvania’s decision to consolidate hundreds of bridge projects into a single procurement financed by a bond fund managed by a new Public-Private Partnership (P3) should serve as a model for the rest of the country. The $722-million project is the largest private-activity bond financing of a public-private partnership in the U.S.

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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

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