Somerset to vote on $2M 'stopgap'

Somerset to vote on $2M 'stopgap'

Among a list of nine articles, voters will be asked to appropriate $2 million from the town's stabilization fund to supplement the 2013 general budget on Monday's special Town Meeting. Money from the stabilization fund is meant to help reduce the increase in property taxes next year, which are expected to significantly increase, particularly for commercial property owners.

Oxnard wrestles with $8 million legal question - Ventura County Star

Oxnard wrestles with $8 million legal questionVentura County StarThe city's redevelopment agency provided $12 million to help fund parking and other improvements at The Collection. The deal also called for RiverPark developers to pay $9 million for the implementation of the downtown assistance plan. A $1 million ...

Lpia In 'Substantial' 6.9% Seats Increase - Bahamas Tribune

Lpia In 'Substantial' 6.9% Seats IncreaseBahamas TribuneHe added that the $409.5 million redevelopment project had created between 2,500-3,000 construction jobs, of whom 70-75 per cent were Bahamian, with local contractors enjoying a one-third share of contracts. And, providing more evidence of an ...

'Equal' split set between home

AYER -- Commercial property owners butted heads with homeowners at Tuesday's annual tax classification hearing.

Springfield city councilors recommend $3.7 million investment to aid Court ... - MassLive.com

MassLive.comSpringfield city councilors recommend $3.7 million investment to aid Court ...MassLive.comOPAL Real Estate Group, led by local businessman Peter A. Picknelly, the city's chosen developer, is proposing a $22 million to $25 million project at Court Square that includes redevelopment of a historic six-story office building at 13-31 Court St ...

Berkshire Co-op Market to anchor Great Barrington redevelopment project - Berkshire Eagle

Berkshire Co-op Market to anchor Great Barrington redevelopment projectBerkshire EagleGREAT BARRINGTON -- A long-awaited, massive $30 million redevelopment project on a blighted brownfields site near the heart of downtown took a major step forward on Wednesday with the announcement that the Berkshire Co-op Market, with $8.3 million ...

Capitol Alert: Assemblyman wants Prop. 13 change for commercial property

Democratic Assemblyman Tom Ammiano said Thursday he will try to rewrite state tax laws that he believes allow businesses to avoid higher taxes when commercial property changes hands.

Ayer selectmen set fiscal '13 tax rates

AYER -- Commercial property owners butted heads with homeowners at Tuesday's annual tax-classification hearing.

Property sector set to gain from Asian funds boost-LaSalle

* Asian investors to boost exposure to property * Australian commercial real estate yields the most in Asia * Hong Kong & Singapore property sector seen to startrecovery SYDNEY, Dec 6 (Reuters) - Asian ...

Budget 2013 Property: Introduction of investment trusts for real estate welcomed

Plans to further strengthen the commercial property sector — through the introduction of Real Estate Investment Trusts (REITs), which allow for investors to finance property investment in return for attractive yields and special tax considerations — have been widely welcomed as one of the main positives from yesterday's budget proposals.

ACE USA Restructures Global Property Division

ACE USA, the U.S.-based retail operating division of The ACE Group, today announced a reorganization within the company's Global Property division. The division will now include three property insurance units designed to serve the needs of domestic and multinational businesses.

iNVEZZ Releases Analysis on the London's Commercial Property Market: London's Two-Speed Office Market

Investors' portal iNVEZZ has recently published an analysis taking a look at London's commercial property market; by analysing the most recent trends and citing extracts from an official document, which examines the UK capital's real estate market, the author of the editorial, Frank Quin, outlines that London comprises two office markets. The analysis looks into both of them and summarises the ...

Revolutionary commercial property app CoStarGo is go for launch

Commercial real estate information provider CoStar is set to shake up the UK market with the launch of a new iPad app.(PRWEB UK) 5 December 2012 Real estate information, data and news provider CoStar is set to shake-up the UK commercial property market with the launch of its "revolutionary" CoStarGo iPad app.Already hugely successful in the US, CoStarGo will bring up-to-the-minute information on ...

A global approach to commercial property is needed

To say that the UK commercial property market has fluctuated widely over recent years would be something of an understatement.

Hammersmith Lyric Theatre £16.5million redevelopment underway - South West Londoner

South West LondonerHammersmith Lyric Theatre £16.5million redevelopment underwaySouth West LondonerThe King Street venue will become the country's first teaching theatre, with its two-storey extension providing educational rooms for sessions for students with actors and directors. The transformation aims to involve more young people with the arts ...

Lafayette Place in Pontiac set to open Saturday with lofts, market and fitness ... - Crain's Detroit Business

Lafayette Place in Pontiac set to open Saturday with lofts, market and fitness ...Crain's Detroit BusinessIn January, West Construction Services, a Pontiac-based developer, announced the construction of Lafayette Place, a $20 million redevelopment of the 80,000-square-foot former Sears, Roebuck & Co. department store that was built in 1929. The building ...

Watt Properties finishes $20 million redevelopment of Edinger Plaza in ... - OC Metro

Watt Properties finishes $20 million redevelopment of Edinger Plaza in ...OC MetroWatt Properties finishes $20 million redevelopment of Edinger Plaza in Huntington Beach. The remodeled shopping mall is the new home of a Dick's Sporting Goods, Nordstrom Rack and Starbucks. by Gabriel CortésPublished: November 27, 2012 11:45 AM ...

US$23.4 million redevelopment for Ulster's Ravenhill - SportsPro Media

US$23.4 million redevelopment for Ulster's RavenhillSportsPro MediaRaboDirect Pro12 side Ulster Rugby has secured a UK£14.7 million (US$23.4 million) grant from Northern Ireland's Department of Culture, Arts and Leisure for the redevelopment of the club's Ravenhill Stadium. "On behalf of Ulster Rugby I would like to ...and more »

Tyler Perry's Former Studio Site of $70 Million Redevelopment Project - Atlanta Black Star

Tyler Perry's Former Studio Site of $70 Million Redevelopment ProjectAtlanta Black StarAtlanta director Tyler Perry's former Inman Park studio is becoming part of a $70 million redevelopment. Paces Properties LLC is developing the project, including the re-purposing of Perry's former studio on Krog Street just north of Edgewood Avenue.and more »

Portland Development Commission approves redevelopment deal for an Old ... - OregonLive.com

OregonLive.comPortland Development Commission approves redevelopment deal for an Old ...OregonLive.comThe Portland Development Commission has approved a financially risky proposal that would loan developers almost $2.65 million to turn an Old Town building into a hostel. The PDC's Board of Commissioners voted 3-0 in favor of the revised deal on ...