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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. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009. These have been dark days for Detroit.

Detroit 51
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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Some heavy business hitters also are placing huge wagers on Detroit’s recovery, most prominently Quicken Loans founder Dan Gilbert, a native son of Michigan, has spent more than $1 billion to acquire 3 million square feet of real estate in the heart of downtown Detroit. In 2008, Chrysler rolled the dice and told the world it would invest $1.8

Metro 111
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Pulse: 07/30/2012

ENR Construction

Michigan The Edgewater Group is planning to build Harbor Village, a mixed-use development within the Harbor Shares community, located along the north bank of the St. New York Lincoln Equities Group is planning to build a mixed-use development at Hallets Point in Astoria, Queens. Lincoln Equities Group, 301 Route 17, Rutherford, N.J.,

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State by State Incentives Guide

Buisness Facilities Contributed Content

The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business. The benefit depends on the tier of the county in which the company locates.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Employees must be Arkansas taxpayers.

Income 75