Bow Ties and Boutique Business in Phoenix

by: Feliciano Vera

Tweet Today’s post is by a new contributing writer to Blooming Rock, Feliciano Vera, an entrepreneur in real estate and finance. Jim McPherson does not know how to tie a bow tie. Lingering over the antiqued wood display table at Mercantile, he brushes aside that fact and ushers us closer, in an almost conspiratorial manner. “Look,” flipping over one of the many bow ties. “This tie was originally made from another that was sold at the Broadway. And that one over there was a tie from Goldwaters.” Clutching a purple and white checked sample, my eye is drawn to another…

June 16, 2010

Tax Increment Financing as a Historic Preservation Tool

by: Aaron Kimberlin

Tweet Last week, I asked how we can make historic preservation a more lucrative option. Today, Aaron Kimberlin tells us about one way to do just that – Tax Increment Financing: ___________________________________________________________________________________________ Nationally, Tax Increment Financing (“TIF”) is the foremost tool used to stimulate downtown redevelopment and economically jumpstart blighted areas. Arizona is the only state in the U.S. that does not promote this redevelopment tool. Let me repeat that… ARIZONA IS THE ONLY STATE IN THE U.S. THAT DOES NOT PROMOTE THIS REDEVELOPMENT TOOL. That doesn’t necessarily mean that the City of Phoenix should follow in the State of…