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Shopping Mall Development Trends: Are Ghost Kitchens the Answer for Vacant Mall Space?

HardHatChat

CRE developers and owners are continuing to think creatively about filling vacant shopping mall space, and recently the idea of bringing in “ghost kitchens” to fill obsolete retail square footage has started to gain traction. From our perspective, bringing ghost kitchens to malls certainly isn’t a bad use of vacant retail space.

Retail 177
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Structural engineering solutions for office-to-residential conversion

BD+C

A ground floor restaurant or retail space can further complicate a conversion, as new shafts and penetrations will need to be run through the building. Determining whether the floor plate is made of concrete, steel, or wood has a significant impact in the feasibility of a project. Los Angeles, Calif.

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Oregon Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Oregon Business Development Fund (OBDF): A revolving loan fund that provides term fixed-rate financing for land, buildings, equipment, machinery and permanent working capital. may be feasible for financing smaller projects, particularly within the $1,000,000 to $5 million cost range. Additional cash payment of up to 16.2%

Oregon 40
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Oregon Incentives and Workforce Development Guide

Business Facilities

The intention is to protect those industrial lands with the potential for future economic development and job growth from conversion to residential or commercial zoning. Oregon Capital Access Program (CAP): Helps lenders (banks and credit unions) make more commercial loans to small businesses and provides capital for start-up or expansion.

Oregon 49
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Pennsylvania Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Pennsylvania Capital Access Program (PennCAP): (newpa.com/penncap) Loan guarantee through participating banks to be used to support a wide variety of business purposes such as land, building, equipment and working capital. Guaranteed loans up to $500,000. Grants shall not exceed $5 million and have a term of not more than five years.

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Cracking the code of affordable housing

BD+C

Copyright Perkins Eastman Perkins Eastman designed the modular building that also meets Passive House standards, meaning it’s highly insulated and air-tight so it needs smaller and less expensive mechanical equipment than other buildings of a similar size. A generator helps the systems stay operable during power outages. “As

Housing 104
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State by State Incentives Guide

Buisness Facilities Contributed Content

Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g., Pollution control equipment.

Income 108