Remove Bankruptcy Remove Equity Remove Phoenix Remove Retail
article thumbnail

The Road to Recovery in Detroit

Buisness Facilities Contributed Content

The manager will determine what he can salvage from a legacy of decline that has left Motown on the cusp of bankruptcy. But out of the ashes of this monumental collapse — and in the midst of one of the most run-down neighborhoods in Detroit — a remarkable revival is rising like a phoenix.

Detroit 51
article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Yes, we know that Detroit became the largest city in history to file for bankruptcy protection, a process the city is expected to emerge from this year. Gilbert is aggressively moving forward with a daring plan to revive two square miles of property with a variety of commercial enterprises, including hotels, casinos and retail stores.

Metro 111
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Naval Air Facility in Goodyear, now known as Phoenix/Goodyear Airport, was designated as an MRZ. The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. In 2001 the MRZ designation was renewed for the former Williams Air Force Base, now known as Williams Gateway Airport.

Income 108