Metro Development and Civic News
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
JEMB Realty Begins 80-Acre P3 Project Near Monmouth Park in New Jersey
JEMB Realty, in a public-private partnership with the State of New Jersey and Darby Development LLC, has commenced work on the development of an expansive 80-acre mixed-use site near Monmouth Park Racetrack in Oceanport. Scheduled to start construction in late 2025,...
LA Metro Secures $893 Million Grant for New Light Rail Project
The U.S. Department of Transportation has awarded an $893.3 million grant to the LA Metro for the construction of a 6.7-mile light rail line along Van Nuys Boulevard in the East San Fernando Valley, funded by President Biden's Bipartisan Infrastructure Law. This...
AECOM Picked as Construction Manager for $8.25B San Francisco Rail Extension
AECOM’s Portal Connectors team has been chosen to provide program and construction management services for San Francisco's $8.25 billion Downtown Rail Extension project. The Portal is the second phase of the Transbay Joint Powers Authority’s $12 billion Transbay...
Lane Construction, Schiavone, and Dragados Awarded $466 Million Contract for Hudson River Tunnel Project
A joint venture of Lane Construction, Schiavone, and Dragados has secured a $466 million contract to build the New Jersey section of the Hudson River Tunnel, the first phase of the $16 billion Hudson River Tunnel Project (HTP) to replace the aging infrastructure. Set...
Additional $65 Million Approved for Cotton Bowl Stadium Renovation
The Dallas Park and Recreation Board has recently approved an additional $65 million for the remodeling of Cotton Bowl Stadium, advancing the renovation project to its next phase. The upgrade, which began in March and is set for completion by September 2025, will...
Tennessee Titans New Stadium Cost Grows to $2.2 Billion
Construction of the new Tennessee Titans Nissan stadium is underway, and costs have grown by about $100 million over original projections, according to documents from a Stadium Authority meeting last Thursday. Scheduled to open by 2027, the $2.2 billion project—funded...
Levi’s Stadium to Receive $200M for Upgrades Ahead of Super Bowl LX
San Francisco is investing $200 million to upgrade the 49ers' Levi's Stadium in preparation for Super Bowl LX and the 2026 FIFA World Cup. Major improvements that will be done include the installation of 4K video displays, an LED lighting system, and a Wi-Fi 6...
Flash Update: FHFA Home Prices in Every Metro (Q2 2024 Release)
CivMetrics collects key real estate data for the largest cities in the United States. In this post, we look at new FHFA home price data for every metro. For questions about our data, or to request data, please contact [email protected]. Data is from the...
Flash Update: Inflation in Major Cities (September 2024 Release)
CivMetrics collects key economic data for the largest cities in the United States. In this post, we look at the latest CPI release and the 14 cities tracked in this release. For questions about our data, or to request data, please...
$219.5 Million Awarded to Upgrade 56 California Airports Through Airport Improvement Program
$219.5 million in funding has been awarded to 56 California airports to enhance their infrastructure, including upgrades to runways, taxiways, and noise mitigation measures. This substantial boost, made possible through the Airport Improvement Program (AIP), aims to...
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