A package of more than $6 million in state and city incentives sweetened the deal.
These include Bendigo Bank's Generation Green loan, Adelaide city council's Sustainable City Incentives Scheme, and energy efficiency discount schemes from many state governments, including Victoria, New South Wales, and South Australia.
He says he is proud of his record, citing efforts to make the city more bicycle-friendly and overhaul a policy for city incentives for developers.
The annual asking rent at Court Square Place is $42 a square foot, but with state and city incentives for relocating there, tenants will pay closer to $26.
Once the home of the Berkeley Inn, the lot has been vacant for 25 years, despite city incentives to its current owner, Ken Sarachan, to waive $640,000 in liens and interest if he builds stores and affordable housing.
We should focus on providing better and less expensive mass transit from the suburbs, expanded express subway options throughout the city, incentives to companies to use trucks that pollute less, strict enforcement of laws against idling, reduced fees for registering vehicles that meet tighter emission standards and safe bicycle lanes throughout the city.
At a condemnation hearing on Sept. 24 and in later interviews, owners expressed anger that a large corporate neighbor, The Times, was getting the benefit of a fully assembled 80,000-square-foot development parcel at a price of $84.94 million, in addition to city incentives that may reach $29 million.
TO help revive the downtown office market in the wake of the Sept. 11 attack, a complex set of federal, state and city incentives -- cash allowances and tax breaks -- are being offered to businesses that renew leases or move into the area.
Mr. Alper said he was unaware of plans for a broad revision of the city's incentive programs.
A more important measure of success is whether BigApps has led to greater transparency by giving the city an incentive to share data.
"The hard limit on Nevada's supply from the Colorado River gave the city an incentive to hold down its use long before it became urgent".
