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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. This phase includes determining the project’s scope, selecting materials, and determining the necessary permits and approvals.

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Nevada Stops Subsidizing Net Metering

Green Building Law Update

In the final days of 2015, Nevada became the front line in the looming nationwide fight over energy policy when the Public Utilities Commission of Nevada altered rates for net metering impacting homeowners with rooftop photovoltaic panels. But the retail rate is at an actual loss to the monopoly utility.

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Maryland Bans Polystyrene and Enacts 31 other New Environmental Laws

Green Building Law Update

In Maryland, state law does not address carryout bags provided by retail establishments. Laws enacted in 1998 required agricultural operations with $2,500 or more in gross annual income and livestock operations with 8,000 pounds or more of live animal weight to have and comply with a nutrient management plan for nitrogen and phosphorus.

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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

No more than 10% of the net leasable space may be used for retail purposes, and no state local government matching payment shall be made for project costs in support of any gambling establishment; . For more information, contact the Oklahoma Tax Commission or www.preservationok.org. Clean Burning Fuel Vehicle Credit 
(68 O.S.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Appalachian Regional Commission and Delta Regional Authority Grants: Federal-state partnerships that work with the people of 37 Appalachian counties in Alabama and the Mississippi Delta region’s twenty Alabama counties to create opportunities for self-sustaining economic development and improved quality of life. The rates range from $.25

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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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Business Facilities’ 2019 Metro Rankings Report

Business Facilities

These efforts are paying off as jobs are being created in construction, hospitality, transportation, retail and healthcare. Median income for all millennials living in the New Haven-Milford metropolitan area in 2017 was $54,800. The median income for millennials who recently moved into the area was $53,600 two years ago.

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