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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 can be done through a purchase or lease agreement. You must secure financing for the project.

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Innovation Is Thriving In Arizona

Business Facilities

While the national average of per-capita income going to taxes is 9.9 In addition, Arizona’s taxes on property, gas and personal income remain low compared to the rest of the country. Mesa has one of the nation’s most unique cybersecurity assets—Arizona Laboratory for Security and Defense Research (AZLabs).

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Texas Incentives and Workforce Development Guide

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Funds must be used for real estate development (acquisitions, construction and/or rehabilitation) to assist a business, which commits to create and/or retain permanent jobs, primarily for low- and moderate-income persons. A company can secure loans with property, plant and equipment which can be amortized over the life of the asset.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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The Arizona team worked closely with Maricopa County’s air-quality department to obtain the required permits for Apple. Mesa also processed the required permits expeditiously. “This new plant will make components for Apple products and it will run on 100 percent renewable energy from day one.”

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Rhode Island Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Small Business Loan Fund: For smaller businesses looking for a direct, fully secured loan, the Small Business Loan Fund (SBLF) provides up to $250,000 for working capital to existing manufacturing, processing and selected services. Small Business Administration (SBA) offers a variety of loan programs for very specific purposes.

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State by State Incentives Guide

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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

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STATE INCENTIVES GUIDE

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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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