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FEATURE STORY: 2013 Economic Development Awards

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Family-owned Duncan Aviation is undertaking a $25-million expansion including an 80,000-square-foot maintenance hangar, 95,000 square feet of office and shop space; the new facilities are scheduled to open in June 2014. The city has adopted three NH Economic Revitalization Zones, offering corporate tax credits to qualifying businesses.

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Home Stretch

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Here’s a quick update on some of the high-profile efforts to welcome them: The Port Authority of New York-New Jersey has nearly finished deepening it harbor to 50 feet (the Post-Panamax ships require clearance of at least 45 feet). Ready or not, it looks like the big ships will be coming this year.

NJ 40
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Seaports Safe Harbors for U.S. Industrial Real Estate Sector

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Plans to revitalize the Panama Canal were first announced in 2006, with a scheduled completion date of 2014; this has since been revised to 2015. Many of these modernization projects are, in turn, running behind schedule as U.S. A temporary reprieve. seaport competition only intensifies to vie for Panama-based traffic to come.

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June 26 or Bust

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billion expansion of the Panama Canal, originally scheduled for completion in time for the Canal’s 100th anniversary in 2014, now is expected to be open for business before the end of next month.

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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

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The 50-foot deep container berth was completed in 2012, two years ahead of its original schedule. It also protects public assets, ensures a strong workforce, requires competitive bidding for all projects and allows the private sector to submit new “unsolicited” concepts to address Maryland’s infrastructure needs.

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Logistics: On the Road, Water or Rails…or in the Air — AGAIN

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Through the Enterprise Zones Program business and industry can realize state incentives such as Job Creation Grants and Real Property Investment Grants, while also realizing a number of local tax and other incentives. Section 5 is scheduled to be finished by June 2017. Enterprise zone, including tax credits. million tons).

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FEATURE STORY: 2014 Economic Development Awards

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START-UP NY (which stands for SUNY Tax-free Areas to Revitalize and Transform Upstate NY) is an initiative to turn SUNY campuses and other university communities across the state into tax-free communities for new and expanded businesses. Choose New Jersey/NJ Economic Development Authority for Grow NJ (the Grow New Jersey Assistance Program).

Indiana 108