Economic Development

Articles in this category explore the issue of corporate and commercial real estate. Topics include tax incentives for businesses, infrastructure and urban development and renewal, corporate parks and communities, and other economic development initiatives. Specifically, posts cover expansions, renovations, and new construction of commercial facilities.



New Commercial Property Index Reveals Negative Capital Growth

According to the IPD U.S. Annual Property Index, capital growth was -12.2% in 2008. For the 12 months to the end of December 2008, all property income return in the U.S. was 5.4%, contributing to an overall total return of -7.4%.

On-Site Energy At Higher Ed Campus

Working with American DG Energy Inc., the Stevens Institute of Technology has installed a 75 kW combined heat and power system and a 200 ton natural gas engine driven chiller.

WEIRD WEDNESDAY: Risky Business

The backlash proved too much to go ahead with opening this facility.

City of Houston Deploys New Brownfield Inventory System

The City of Houston has deployed a customized brownfield inventory system to make its efforts to remediate and redevelop environmentally contaminated properties more efficient.

Renewable Energy Goal Reached

Dow Chemical, DuPont, Georgia-Pacific, IBM, Interface Inc., and Pitney Bowes Inc. are among the group of corporate energy buyers that reached a collective goal of purchasing 1,000 megawatts of power generated from renewable energy sources.

Campbell Soup Building Topped Off

The company marked the completion of the steelwork phase of an expansion of its world headquarters facility last Friday.

Strategy During Economic Downturn? Back To Basics

The 2009 Ernst & Young real estate business risk report, produced in conjunction with Oxford Analytica, itemizes the 10 top business risks faced by the industry as ranked by leading sector analysts.

New York City Icon Goes Greener

Now underway, energy efficiency retrofits at the Empire State Building are being implemented through an integrated approach.

Expanded Pasadena Convention Center Pursuing LEED Silver

The expanded facility opened on March 1, 2009, six weeks ahead of schedule.

Infrastructure Spending Fast Forwards in Missouri

The first infrastructure project to move forward under the new federal economic stimulus package was announced earlier this week on 2/24/09.

Museum Project Adjusts To Financial Reality

Planners for the National Law Enforcement Museum in Washington, DC have announced an extended timeline and cost-saving measures to keep the project on track.

First Higher Ed Contract Under Clinton Climate Initiative Signed

Lee College has entered into an energy savings performance contract with Johnson Controls, Inc. to perform energy retrofits on its campus in Baytown, TX.

AIA Releases Rebuild and Renew Plan

Schools, Green Buildings, and Historic Preservation are among key initiatives.

Federal Agency Issues Agenda On Net-Zero Energy Buildings

The report, "Federal R&D Agenda for Net-Zero Energy, High-Performance Green Buildings," was produced by the National Science and Technology Council’s Buildings Technology Research and Development Subcommittee.

New Building Code Revisions Adopted By ICC

The International Code Council (ICC) has approved 23 building and fire code changes based on recommendations from the National Institute of Standards and Technology's (NIST) investigation of the collapse of the World Trade Center (WTC) on 9/11.

Gerflor Relocates U.S. Operations

The France-based designer and manufacturer of vinyl resilient floor coverings has relocated its U.S. operations from Atlanta to Georgia,

McGraw-Hill Executive Comments On Economy and Construction

Robert A. Murray, vice president of economic affairs at McGraw-Hill Construction Research and Analytics Group in New York City, issued a statement on the expected impact on construction activity.
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