Remove Bankruptcy Remove Finance Remove Phoenix Remove Site
article thumbnail

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. The manager will determine what he can salvage from a legacy of decline that has left Motown on the cusp of bankruptcy. These have been dark days for Detroit.

Detroit 51
article thumbnail

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.

Income 108
article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Apple’s selection of Austin as the site for its new $304-million Operations Center was the Bronze Award winner in Business Facilities ’ 2012 Economic Development Deal of the Year competition. The riverfront complex is being built on the old Advocate newspaper site. At year-end 2012, 190,900 jobs had been added with wages totaling $9.9

Metro 111