PYMNTS
MARCH 17, 2020
Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location. Even smaller cities are opting for such taxes.
PYMNTS
NOVEMBER 13, 2018
For Amazon , the encouragement includes $1.525 billion in performance-based direct incentives — part of the package that led to the eCommerce operator deciding to base one of its headquarters in Long Island City. Amazon has selected New York City and Northern Virginia as the homes for its second and third headquarters.
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Abrigo
FEBRUARY 10, 2021
“It’s important to know the long-term pros and cons, and the unintended consequences so that everyone walks away educated not only on what these opportunities bring, but also on what the impacts could be on the operation and long-term land values,” he says. Diversification through renewable energy. keep me informed.
PYMNTS
NOVEMBER 14, 2018
The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., billion refundable tax credit is reportedly based on the “percentage of salaries Amazon expects to pay employees over the next decade, or $48K per job for 25K jobs.”
PYMNTS
MARCH 9, 2018
Kroger operates nearly 2,800 supermarket chains nationwide, including Ralphs, Harris Teeter, Food 4 Less and its namesake Kroger stores. It’s currently seeking to reinvent its business through Restock Kroger , an initiative it undertook six months ago and which will get a boost from recently enacted tax cuts. Seamless Shopping.
Jeff For Banks
NOVEMBER 24, 2019
September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. billion in assets.
PYMNTS
MARCH 30, 2018
An undisclosed amount of Series C funding will help ZP Group, based in Virginia, focus on strategic investments to grow its cybersecurity offering. A $16 million Series A funding round will help this California startup scale up and expand its teams, which operate in Brazil and San Francisco. Singapore’s CardUp announced nearly $1.7
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