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CoreNet Global Announces Economic Development
Award Winners at Toronto Global Summit
Four Economic Development Groups Receive Top Honors
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 Representatives of the 12 award finalists assembled on stage at the Toronto Global Summit. |
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 The Economic Development Leadership Award recognizes excellence in best practices within field of site selection and location analysis. |
Toronto, Ontario and Atlanta, Georgia April 19, 2005 Four economic development organizations that exemplify the leading edge of the site selection industry were selected as winners for CoreNet Global s 2005 Economic Development Leadership & Accomplishment Awards. Winners have been recognized in two categories, Leadership & Innovation and Major Projects/Deals.
CoreNet Global, the world s leading professional association of corporate real estate executives, recognizes the increasingly strategic role that location plays in corporate strategy and operations. Its members include senior-level corporate real estate executives involved in these strategic roles and economic development organizations, representing national, state, regional and local interests. Now in its fourth year, the award recognizes leadership, best practices and innovations in economic development among the organizations serving communities and corporations involved in location decisions.
The winners for Leadership and Innovation announced
at CoreNet Global s Toronto Summit are:
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 Farmers Branch Mayor Bob Phelps is pictured with Norma Nichols and Linda Groomer |
City of Farmers Branch, TX
An innovative local incentives package that resulted in the location of the JP Morgan Investment Services global investment service division through $1.2 million in annual property tax abatements, $1.6 million in sales tax exemption and $932,342 in training grants.
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| CRITERIA RESPONSE (PDF: 108 KB) | PRESENTATION (PPT: 80 KB)
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 Team Pennsylvania led by Secretary Dennis Yablonsky, David Yeager, Dan Gundersen and Becky Wingenroth |
Commonwealth of Pennsylvania, Department of Community & Economic Development
The state s Economic Stimulus Package leverages $2.3 billion in bonds and loan guarantees, includes an R&D tax credit program, and has resulted in the state seeing a 65% increase in successfully completed projects and a 76% rise in offers to business.
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| CRITERIA RESPONSE (PDF: 121 KB) | PRESENTATION (PPT: 154 KB)
CoreNet Global Economic Development Leadership
Award winners for Major Projects/Deals are:
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 Don Kirkman of Piedmont Triad with Susan Fleetwood of N.C. Department of Commerce; Bob Leak of Winston Salem Business not pictured |
Piedmont Triad, NC, Partnership for Dell
Dell, Inc. selected the region for its largest manufacturing plant in the world a $115 million, 600,000 square foot facility with up to 2,000 employees resulting from the Piedmont Triad Partnership s work with the state, Community Colleges and the Golden Leaf Foundation.
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| CRITERIA RESPONSE
(PDF: 81 KB)
| PRESENTATION
(PPT: 25,455 KB)
Learning
