Remove Commercial Remove Income Remove Leases Remove Philadelphia
article thumbnail

Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson. NJEDA approved a significant Grow NJ award of up to $39.5 headquarters.

Zoning 47
article thumbnail

FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

A central element of the public-private partnership that secured the IBM center is the construction of a mixed-use, $55-million riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of BRAF.

Deals 107
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Highlights include the largest industrial spec development lease in the last five years in Broward County. The city contracted with the Buxton Company to develop a comprehensive retail assessment and analysis to support the commercial districts and the attraction of private developers and retailers. Brick City Development Corp.

El Paso 106
article thumbnail

Cover Story: Global Biotech Report

Buisness Facilities Contributed Content

Our itinerary includes the new Biosciences Training Center, now under construction in Georgia, and a look at the Life Sciences Greenhouses in Pennsylvania, which nurture the seedlings of innovation until they’re ready to blossom into commercial use. percent tax rate for patent income). One example is GlaxoSmithKline.

Georgia 68
article thumbnail

Industry Focus: Aerospace Sector Is Flying High Again

Buisness Facilities Contributed Content

The smaller commercial aerospace subsector helped offset these losses with a 17 percent increase in jobs in the same period. billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 billion in corporate federal income taxes and $4.1 billion in 2014, a 9.9

article thumbnail

Advanced Manufacturing: Manufacturing Gets Smarter, Faster

Business Facilities

That, along with a strong economy and zero personal state income tax, make it a great place to do business. The state’s central location, as a gateway between the American South and Midwest and with easy access to the Northeast and Atlantic Seaboard, is within a day’s drive of two-thirds of the nation’s population and household income.

article thumbnail

Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. Philadelphia, Cleveland, Toronto and Montreal. This combination of assets is extremely rare and makes Cumberland County an excellent commercial and industrial destination.