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PSC buys scrapyard property from landlord

The deals mean that PSC, owned by billionaire magnate Carl Icahn, now solely controls its fate on the riverfront. Nashville Business News – Local Nashville News | The Nashville Business Journal  Read More »

Editors’ Notebooks: A national roundup of commentary on the Amazon Effect

The Business Journals published a special project Oct. 11 that examined the Amazon Effect in cities across the country. The report found that Amazon has gathered more than $ 1.2 billion in incentives from locales that are helping the company build out its distribution network to deliver goods to consumers at an ever-increasing speed. Now, as the deadline approaches for cities to submit proposals... 

Amazon’s portfolio of tech hubs hints at top U.S. contenders for HQ2

Lost among the ribbon cuttings and public announcements heralding Amazon.com Inc.’s fast-growing portfolio of sorting and distribution centers is the company’s quiet expansion in some of the country’s strongest technology hubs. Amazon’s low profile in those cities is not an accident. About 25 percent of Amazon’s corporate workforce of some 382,000 employees is spread throughout a dozen... 

Amazon’s HQ2 promises huge benefits. But as Nashville can tell you, it won’t come cheap.

The prospect of landing Amazon.com’s second North America headquarters has public officials and economic development experts salivating at the chance to land what is being billed as a $ 5 billion, 50,000-job investment to their hometown. But as the Oct. 19 bidding deadline fast approaches, cities also are grappling with a sobering reality: HQ2 is going to be an expensive proposition. More than... 

Iconic Nashville treat company’s big new idea: catering

Efforts like the catering division and the retail front are ways to grow the company’s brand and reach in Nashville. Nashville Business News – Local Nashville News | The Nashville Business Journal  Read More »

Take that, Texas: Nashville’s latest No. 1 ranking is all about America’s pastime

The Nashville Sounds’ season may be over, but Nashville’s Minor League Baseball team is to thank for Music City’s latest No. 1 ranking. According to a new list compiled by SmartAsset, Nashville is now the country’s best minor league baseball market. Buoyed by improved average attendance numbers, Music City moved up two spots on the list to unseat last year’s No. 1, Round... 

Local hospitals prepare to rebrand – again

Saint Thomas Health has plans to change its name. Ascension Health, Saint Thomas’ parent company, announced a multi-year plan last year to rebrand all of its health-care facilities under the Ascension name. While there is no timeline for when the change will go into effect in Nashville, co-branding efforts have begun inside the company. Attempts to solicit comment from Saint Thomas and Ascension... 

4 actions that could trigger a state and local tax audit

1. Rapid expansion of operations into a new state(s). Businesses will sometimes expand into a new state with rapid growth in plant, equipment or inventory all for good business reasons, but they don’t fully realize the tax implications of doing business in new state and local jurisdictions. Physical presence in any state will require registration and adherence to that state’s tax laws. 2. Employees... 

Analysis: It could cost Nashville $1.7B to land Amazon’s HQ2

It could take at least $ 1.7 billion of taxpayer incentives for Nashville to successfully woo the massive second headquarters that Amazon.com Inc. wants to build. That’s according to a calculation from a group of Metro employees during a training workshop last month. By Oct. 19, cities and states must submit their bids to Amazon (Nasdaq: AMZN), which sent shockwaves across the country by announcing... 

9-to-1: Preservationists focus their fire on Greer Stadium project

With the release of its latest look at the city’s “most endangered” properties, nonprofit group Historic Nashville Inc. has waded into one of Music City’s biggest controversies over development and preservation. That’s because its annual Nashville Nine list — usually a group of nine properties preservationists consider most endangered — features only one site this... 
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