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Phases of Commercial Real Estate Development

Construction Marketing

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. Read more on the proper steps to ensure your commercial investment runs smoothly.

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Location Focus: Illinois – Trying to Make Headway in Every Way

Business Facilities

Arlington Heights is a growing, thriving community just northwest of Chicago, home to 76,000 residents with an average household income of $95,000. When complete, the $250 million mixed-use development will boast over 650 luxury apartment units, a hotel, a water park and over 100,000 square feet of retail and restaurant space.

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Location Focus: Florida – Rebounded And Ready

Business Facilities

19 million for Space Florida, $5 million for the Florida Sports Foundation, $74 million for Visit Florida’s tourism marketing and promotion efforts and $71 million for the Department of Economic Opportunity (DEO). Cape Coral offers more than 60 square miles of unimproved commercial and residential land.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Alabama Economic Development Loan Program: The state has more than 2,300 commercial lending sources with assets of over $61.3 The Alabama Economic Development Loan Program is used to work with commercial lenders for projects in non-entitlement communities. The Research Program. The tax for existing entities accrues as of Jan.

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Business Facilities’ 2019 Metro Rankings Report

Business Facilities

West Michigan’s manufacturers are also supported by commercialization partners, including the Van Andel Institute, the Michigan Alternative and Renewable Energy Center (MAREC), the University Research Corridor and MSU Business Connect. Median income for all millennials living in the New Haven-Milford metropolitan area in 2017 was $54,800.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Over $100 million in investments are expected to be made by concerns adjacent to the arena, which could generate over 1,000 new jobs, new retail and significant quality of life enhancements. That research supports the trade shows and targeted retail and hospitality efforts of the city. The company $7.2-million

El Paso 106