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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson. Marathon Data Operating Co., LLC was approved for a Grow NJ award of up to $3.2

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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Over $100 million in investments are expected to be made by concerns adjacent to the arena, which could generate over 1,000 new jobs, new retail and significant quality of life enhancements. That research supports the trade shows and targeted retail and hospitality efforts of the city. The company $7.2-million

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Business Facilities Names 2013 Deal of the Year Winners

Buisness Facilities Contributed Content

IBM Services Center: Baton Rouge will deliver technology services including application development, application management and system integration. The KOZ incentive program provides tax abatements for county and township property taxes, corporate net income taxes, and school taxes for a period of 10 years.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

Mesa Mayor Scott Smith, City Manager Chris Brady and Economic Development Director Bill Jabjiniak assisted Apple with its Foreign Trade Zone application to provide real and personal property tax relief for Apple’s investment in the Mesa site. Mesa also processed the required permits expeditiously.

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When office-to-residential conversion works

BD+C

In most cases, these office-to-residential incentives are necessary to offset the other economic forces at play, DC Managing Principal Barbara Mullenex says. Office buildings are worth more” than residential as income generators, she explains. WeWork: WeLive has since come under new management as the Common at National Landing.)

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

Business Facilities

That, along with a strong economy and zero personal state income tax, make it a great place to do business. The state’s central location, as a gateway between the American South and Midwest and with easy access to the Northeast and Atlantic Seaboard, is within a day’s drive of two-thirds of the nation’s population and household income.

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Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

In order to manage effective food processing, food processors must consider facilities that will be up to par with their business. Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. Philadelphia, Cleveland, Toronto and Montreal.