Brunswick rescinds tax deal with redevelopment authority

Brunswick rescinds tax deal with redevelopment authority

The town of Brunswick voted overwhelming to rescind tax increment funding for the Midcoast Regional Redevelopment Authority. This translates to about $12 million over 20 years. Brunswick town manager, Gary Brown, says there were two major factors that played into the decision. The first, Brown says, the town had to consider the school budget. The second, according to Brown, is some uncertainty ...

Hot property: Boone Avenue Convenience Center - Minneapolis Star Tribune

Hot property: Boone Avenue Convenience CenterMinneapolis Star TribuneWoodbury-based Linn Companies, which has 15 automotive retail locations and owns and manages 19 commercial properties, presented plans to transform a BP station at Hwy. 55 and Boone Av. N. into a center that would include a new, 4,900-square-foot ...

Brunswick votes to cut funding for redevelopment authority

The town of Brunswick voted overwhelming to rescind tax increment funding for the Midcoast Regional Redevelopment Authority. This translates to about $12 million over 20 years. Brunswick town manager, Gary Brown, says there were two major factors that played into the decision. The first, Brown says, the town had to consider the school budget. The second, according to Brown, is some uncertainty ...

Metro Vancouver commercial real estate sales reach record $1.42 billion - Vancouver Sun

Metro Vancouver commercial real estate sales reach record $1.42 billionVancouver SunCommercial real estate transactions in Metro Vancouver reached an unprecedented six-month total of $1.42 billion during the first half of 2012, breaking the previous record of $1.03 billion set during the first half of 2010, according to a report ...and more »

Property/casualty insurers' outlook stable: Moody's - Business Insurance

Property/casualty insurers' outlook stable: Moody'sBusiness InsuranceThe outlook for the U.S. commercial property/casualty insurance industry remains stable, according to an analysis released Thursday by Moody's Investors Service Inc. New York-based Moody's said improved premium rate levels should help support ...and more »

TEXT-Moody's says US commercial property & casualty insurance outlook ... - Reuters

TEXT-Moody's says US commercial property & casualty insurance outlook ...Reuters... outlook remains stable (Caryn Trokie, New York Ratings Unit) · Email · Print. Sept 6 | Thu Sep 6, 2012 7:43pm IST. Sept 6 (Reuters) - Moody's says U.S. commercial property & casualty insurance outlook remains stable (Caryn Trokie, New York Ratings ...

Holland Commercial Property Market Heating Up - NuWire Investor

Holland Commercial Property Market Heating UpNuWire InvestorA large commercial real estate transaction in Einhoven has boosted the sales record in Holland for the first half of 2012, according to Savills. Chalet Group, an investment fund based in the Netherlands, recently purchased the Philips High Tech Campus ...

Residents Protest New School Citing Traffic, Improper Notification and ... - Patch.com

Residents Protest New School Citing Traffic, Improper Notification and ...Patch.com"I think the lack of use of the property has affected us in very negative way...because there has been very little maintenance on that property over the last few years," she said. She also said she understands the "nervousness of having a commercial ...

Commercial Property: Time to diversify - Blackpool Gazette

Blackpool GazetteCommercial Property: Time to diversifyBlackpool Gazette"In many places, we need to have a complete re-think about how vacant property could be redeveloped into new uses. This will be challenging – and there will inevitably be some further business casualties – but the alternative is a period of steady ...and more »

Mixed signals from Detroit's commercial property market - gulfnews.com

Mixed signals from Detroit's commercial property marketgulfnews.comLehman has said it plans to hold some assets as long as 2015, waiting for opportune times to dispose of properties as the commercial and residential markets recover. It moved to take Archstone public last month. Lehman had $260 million in outstanding ...and more »

Port Hedland council passes 2012-13 budget

The Town of Port Hedland will spend a record $181 million this financial year after council approved the 2012-13 Budget on Thursday night.

Redevelopment announcement on Main Street set for Thursday

The City of Little Rock announce Wednesday afternoon of a Main Street redevelopment announcement.

NAR: Commercial Real Estate Healing Slowly - Commercial Property Executive (blog)

NAR: Commercial Real Estate Healing SlowlyCommercial Property Executive (blog)Commercial real estate will continue moving in an upward trajectory for the next few months, but at a sluggish pace, mainly due to meek job creation and tight loan underwriting, according to the National Association of Realtors' quarterly commercial ...

Commercial property/casualty rates rise 5% in August: MarketScout - Business Insurance

PropertyCasualty360Commercial property/casualty rates rise 5% in August: MarketScoutBusiness InsuranceThe Dallas-based electronic insurance exchange found that commercial property rates increased the most at 7%. "Property rates continue to increase across the nation, with larger increases in wind-exposed areas on the Gulf Coast and Eastern Seaboard," ...MarketScout: Insurance Rates Continue RisePropertyCasualty360all 4 news articles »

Asda plans local jobs for local people in Sheerwater

THE multi-million pound redevelopment of an office site in Sheerwater will lead to the creation of 400 new jobs, it has been pledged.

Downtown redevelopment pushes forward

While students were away for the summer, major construction has taken place downtown as part of the city's over $106 million redevelopment project, said Dan Smith, Kent city economic development director. "I think the main priority was for the shops that were already open on Erie Street, like Tree City Coffee, Wild Goat Outfitters, Laziza and Funky Ladles — that was a priority for us to get that ...

Settlement approved to shore up Reno's redevelopment agency finances

Who pays what? • A property tax settlement that will make Reno's redevelopment agency solvent means Reno, Washoe County, the Washoe County School District and the state will return $5.5 million in miscalculated property taxes to the redevelopment agency.

Redevelopment ensures Sharks keep swimming

Just two years after being on the brink of collapse, Cronulla is on the verge of becoming Sydney's NRL super club after being granted approval for a $300 million redevelopment of the club's land.

Hospital upgrade boosts southern services

A $163 million redevelopment of Flinders Medical Centre (FMC) in Adelaide has been officially opened by the Premier and Health Minister.

Yonkers IDA agrees to tax breaks for $22 million downtown redevelopment

A $22 million plan to turn five downtown properties into lofts, shops and restaurants is moving ahead with initial approval from the city's Industrial Development Agency.