Market Share

The Official Blog for Commercial Real Estate

Tag: state and local legislation

Voting

2024 State Election and Ballot Review

  • November 20, 2024
The 2024 U.S. election has ended with President-elect Donald Trump returning to the White House and Republicans securing majorities in both legislative chambers on Capitol Hill. The national media may be focused on the consequences for the balance of power in Washington, D.C., but it’s important to look at the down-ballot races for state and local offices and ballot initiatives that impact the commercial real estate industry.
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2024 election

State Legislative Elections Affect Policy Outcomes

  • October 16, 2024
U.S. citizens will go to the polls on Nov. 5 to cast their votes in the 2024 election at each level of government. The outcome of this election may have an impact on the policies affecting commercial real estate, the economy, communities and families. At the state level, 44 states will hold elections for representatives within their state legislature. The significance of the outcomes of these state elections cannot be overlooked in setting policy for CRE.
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Data centers

Targeted Incentives and Key Challenges in Data Center Development

  • October 9, 2024
"We're in a really unique point in history in the sense that we have this huge demand curve for data centers at a time when we also have some constraints in power,” said Elissa Wilson, attorney, Vorys, Sater, Seymour & Pease, LLP, to begin a panel discussion on data center development at NAIOP’s CRE.Converge. “But the reason data centers are so important is they are fundamental to our modern economy. They're fundamental to our way of life. They're fundamental to every single transaction that happens online."
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Nevada’s CRE Priorities: Federal Lands, Water, Electricity and Economic Diversification

  • October 9, 2024
Tray Abney, partner at the Abney Tauchen Group, led a discussion during NAIOP’s CRE.Converge in Las Vegas on the legislative and political landscape impacting commercial real estate development in Nevada. The session focused on the availability of land for commercial and residential development, viable water supply, increased electricity demand and the fall elections.
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Salt Lake City

NAIOP Hosts Mountain West Regional Summit

  • October 2, 2024
NAIOP hosted a regional summit last week in Salt Lake City for members from our Mountain West chapters to discuss the major challenges facing commercial real estate in the region. The summit provided members from Arizona, Colorado, Idaho, Nevada, New Mexico and Utah with an opportunity to have substantive and engaging discussions on major trends and other topics of importance to the industry.
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Construction workers

New Jersey Adopts Self-certification Program to Advance Development

  • September 4, 2024
A new self-certification program within New Jersey’s Department of Community Affairs will bring important reforms and consistencies to local permitting processes that will spur commercial and residential development throughout the state. NAIOP New Jersey was actively engaged in moving the bill establishing this program through the legislative process.
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Hawaii housing

A Milestone for Affordable Housing: NAIOP Hawaii’s First Authored Legislation Becomes State Law

  • August 21, 2024
In a historic achievement, NAIOP Hawaii's Government Affairs Committee has successfully seen its first authored piece of legislation become state law. Act 31, which creates a new Affordable Housing Credit program under Hawaii Revised Statute Section 201H-38, marks a significant milestone in the effort to address Hawaii’s pressing housing crisis. This innovative program aims to incentivize real estate developers to build more affordable housing, addressing the dire need for such units in the state.
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Special improvement district

Special Districts: Tools for Commercial Areas in Transition

  • July 29, 2024
How many different commercial areas in your market are in transition? Perhaps a new mixed-use development is underway, or a nearby office campus sits empty. These changes are familiar market landscapes to CRE professionals, but they may not be as familiar with the tools to help maneuver these transitions. One tool that can channel the voices and dollars of commercial real estate owners to great effect is known as special purpose districts, or a host of other names.
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