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Local Governments Move In On Retail Vacancies

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It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. It’s one approach to a growing retail vacancy issue that local governments are getting more aggressive in trying to solve. has hiked the normal commercial property tax rate on vacant property from between $1.65 But it never happened.

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Amazon’s Biggest Campus In The World Opens In India

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Amazon was going to build a huge new headquarters in New York, but eventually decided against it, due to local opposition and despite tax breaks. The company’s next headquarters is being built in Arlington, Virginia. Amazon, for its part, started working in India in 2004, but retail endeavors began in earnest in 2013.

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New Yorkers To Amazon: We Support Your New HQ

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They do have some trepidations, however, as polled residents were split over the finer points of the multibillion-dollar incentive package that was offered to lure the online retail giant to the area. The other HQ will be in Crystal City in Arlington County near Washington, D.C. percentage points. percentage points.

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Amazon Gains Juicy Incentives With New Headquarters Locations

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By selecting New York City, Amazon will also get a refundable tax credit, via New York State’s Excelsior Program, that could total $1.2 Amazon has selected New York City and Northern Virginia as the homes for its second and third headquarters.

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Details Revealed About New Walmart HQ In Arkansas

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We are striving to attract and retain the best talent in order to win the future of retail and the key component of that is the work environment that we are creating,” Bartlett said. Amazon eventually chose Long Island City in New York and Arlington, Virginia. Our goal was not to extract things from the community,” he said.

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