Incarceration rates are higher in the US than any other country worldwide and sixteen states have more prisoners than they have capacity for. Some states have responded by investing millions into renovating and expanding existing detention centers as well as building new facilities. Based on building permit activity from BuildZoom's National Building Permit Database, we … [Read more...]
Opportunity Zones: Implications for Real Estate Development
What is the Opportunity Zones program? When the Tax Cuts and Jobs Act was enacted in December 2017, a new program was created with the goal of spurring economic development in low-income communities struggling with inadequate capital inflows. The program — called Opportunity Zones — aims to redeploy capital by creating new tax incentives for long term investment in … [Read more...]
Microsoft’s Redmond Campus Gets $169+ Million In Upgrades Over Last Year
Over the past year, Microsoft’s plans for the Redmond campus overhaul, expected to break ground this fall, have been widely reported and discussed. Meanwhile, permits valuing more than $169 million have already been issued for renovations to Redmond-based offices near the main expansion site. Using our National Building Permit Database, BuildZoom explored Microsoft's most … [Read more...]
Disneyland Resort’s Ten Most Expensive Construction Permits From the Past Year
Since August 2017, Disney has been issued more than $202.6 million in construction permits for the top ten most expensive new attractions and additions. By analyzing the building permits filed with the city of Anaheim for the Disneyland Resort, we can see what new projects will be redefining the parks’ biggest attractions over the next few years. Disney has recently … [Read more...]
Wild Residents Get Exciting Upgrades at Four US Zoos
Visiting the zoo has long been one of America’s favorite summer pastimes, and zoos around the country are investing millions of dollars to improve habitats to meet modern zoological standards and make visits more enjoyable for guests and residents. So what exhibits are getting an upgrade? And what does it cost to create suitable environments for our favorite wild animals? At … [Read more...]
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