Remove Foundation Remove Income Remove Leases Remove Retail
article thumbnail

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 can be done through a purchase or lease agreement. To Lease or Sell?

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. 25 to $1.75

Income 108
professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

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.

Income 75
article thumbnail

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.

article thumbnail

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). New conceptual plans offer two options: as a new Retail District or an Office Park. People can also enjoy “Life.

Florida 46
article thumbnail

FEATURE STORY: 2014 Economic Development Awards

Buisness Facilities Contributed Content

Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). million to lease, renovate and equip a 56,800 square-foot facility in Munster. Kentucky Cabinet for Economic Development , for the Kentucky New Energy Ventures (KNEV) Fund.

Indiana 108
article thumbnail

COVER STORY: Editors’ Location Picks

Buisness Facilities Contributed Content

Established in 1986, PSC is supported by several federal agencies, the Commonwealth of Pennsylvania and private industry, and is a leading partner in XSEDE (Extreme Science and Engineering Discovery Environment), the National Science Foundation cyberinfrastructure program. science and engineering. Motorola Mobility, Plantation, FL.

Omaha 76