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UPDATE: Seven New Locations Added To President Obama’s Promise Zones Initiative

Buisness Facilities Contributed Content

On January 9, 2014, the President announced the next step in those efforts by naming the first five “Promise Zones.” THE PROMISE ZONES INITIATIVE. The five Promise Zones announced are part of the 20 that will be announced over the next three years. so that each partner can work towards improvement and accountability.

Zoning 45
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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business. OPPORTUNITY ZONES ARE HERE.

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

Buisness Facilities Contributed Content

Not only do logistics clusters have huge potential for jobs creation, they also are hubs of innovation of environmental sustainability. Qualifying businesses in the corridor can apply for Next Michigan real and personal property tax abatements and tax-free Renaissance Zones. Major metros such as Dallas, Kansas City, St.

Memphis 76
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Food Processing: Generating Growth for Good Eats

Buisness Facilities Contributed Content

The Park offers an expandable 50,000-square-foot shell building and land sites ranging from 30 to 65 acres and is zoned light industrial. Local incentives include real and personal property tax abatement and tax increment financing. The financing is enabling this company to expand into a 76,500 square-foot facility.

Indiana 40
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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

The finalists for our new overall Economic Development Excellence awards were asked to prepare a detailed submission that summarized the most productive project development in their locations and gave our us an overview of the economic development strategy they have deployed to ensure sustained long-term growth.

El Paso 106
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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108
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FEATURE STORY: High-Tech Hubs Are Moving To Their Markets

Buisness Facilities Contributed Content

Greater Kansas City, which straddles the Kansas and Missouri state line, has all the pieces in place for the making of a vibrant technology and entrepreneur community. The plan, announced July 2012, designates 17 solar energy zones totaling about 285,000 acres of public lands as priority areas for utility-scale solar development.