Civic Development News and Data

The latest local trends, news and insights on infrastructure, economic development, housing and economics.

Civic Development Podcast #3: P3s Unplugged with Thomas John, Seth Miller Gabriel and Jeremy Ebie

Episode #3: P3s Unplugged: Insights from the Washington DC Streetlights Project Three infrastructure insiders join us to break down the Washington DC Streetlights P3 Project, a case study of innovative thinking in urban development. The panelists share their insights...

$370M Microchip Facility to Boost Louisiana Economy, Add 300 Jobs

Radiance Technologies will invest $370 million to build a secure microchip research and manufacturing plant in Ruston, Louisiana. Backed by nearly $37 million in state support, the project is expected to create 150 direct jobs and 149 additional indirect positions....

Hyundai Raises U.S. Investment to $26 Billion

Hyundai Motor Group will boost its U.S. investment to $26 billion over the next four years, targeting steel, automotive, and robotics production. The plan includes a new low-carbon steel plant in Louisiana, increasing U.S. car production to 1.2 million units annually,...

Kentucky, Indiana Approve $933 Million I-69 Bridge Project

The Kentucky Public Transportation Infrastructure Authority and Indiana reached an agreement to move forward with the $933 million I-69 bridge over the Ohio River. Kentucky will financing, planning, and construction of the bridge, with costs shared equally between the...

Civic Development Podcast #1: The Big Beautiful Bill and Affordable Housing in the 2nd Trump Administration with David Gasson

Episode #1 David Gasson of MG Housing Strategies joins us to break down everything affordable housing professionals need to know about the state of play in the 119th Congress and the 2nd Trump Administration. * The episode begins with a discussion on the 2nd Trump...

GE Appliances to Invest $490 Million in Louisville, Kentucky Washer Plant

GE Appliances announced a $490 million investment to build its most advanced washer manufacturing plant at its Louisville, Kentucky headquarters, reshoring production from China and creating 800 new full-time jobs. The move strengthens Kentucky’s role as a hub for...

US Jobless Claims Climb Sharply, Highest Since 2021

Recurring jobless claims in the U.S. climbed to their highest level since November 2021, pointing to a labor market where unemployed workers are taking longer to find new jobs. Initial claims, however, dipped, which together with the increase in recurring claims...

$240 Million P3 Deal Brings Student Housing to Palm Beach Atlantic University

A $240 million public-private partnership between Gilbane and Palm Beach Atlantic University will bring a 25-story, mixed-use student housing tower to downtown West Palm Beach. The project includes 990 student beds, a dining hall, fitness center, and parking...

New Indiana Law Paves Way for Tolls, Rail Investment, Local Road Funding

Indiana has become the first state to authorize tolling on all interstate highways, allowing officials to seek federal waivers without additional legislative steps. The law also offers tax credits for private rail investments and gives counties new ways to fund road...

MO Gov. Kehoe Signs $1.5 Billion Stadium Incentive Package to Keep Royals, Chiefs

Missouri Gov. Mike Kehoe has signed off on a $1.5 billion stadium incentive package aimed at keeping the Kansas City Royals and Chiefs from relocating across the state line. The plan would cover up to 50% of stadium costs using tax revenue generated by the teams,...

Three Firms Awarded with $60 Million Contract for Bridge Reconstruction Project in Maryland

Feb 16, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Procurement

The Maryland Transportation Authority has awarded three contracts totaling $60 million for construction management and inspection services on the Francis Scott Key Bridge reconstruction project. Each contract, worth $20 million, was granted to Greenman-Pederson...

Kansas Port Authority Secures $25 Million for Infrastructure Projects

Feb 12, 2025 | Finance - Infrastructure, Infrastructure, Ports

The Port Authority of Stafford County in Kansas has successfully secured $25 million in federal funding from USDOT's BUILD grant program, which will be used to finance the development of a rail-served transload facility, industrial park, and grain terminal. With $5...

California Transportation Commission Invests $1 Billion for Infrastructure Improvements

Feb 12, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

Taking a step toward improving California’s transportation landscape, the California Transportation Commission has announced that it is allocating $1 billion to various projects aimed at increasing mobility options, improving road safety, and expanding electric...

$2.2 Billion Expansion Approved for Palm Springs Intl Airport

Feb 12, 2025 | Airports, Finance - Infrastructure, Infrastructure

Palm Springs International Airport is set to undergo a $2.2 billion expansion following the Palm Springs City Council's recent approval of a new master plan. Modernization plans include doubling the number of gates, adding a new concourse and rental car area, creating...

ArcelorMittal to Open $1.2 Billion Electrical Steel Plant in Mobile, Alabama

Feb 12, 2025 | Economic Development, Finance - Economic Development

Advancing Alabama's economic growth, ArcelorMittal is investing $1.2 billion to develop a new electrical steel manufacturing facility in Mobile, which is expected to create 200 permanent jobs. The plant, set to open in 2027, will produce up to 150,000 metric tons of...

Washington Bill Seeks to Address Increasing Housing Costs for Seniors

Feb 11, 2025 | Legal - Specialty Housing, Senior Housing

The Washington State Legislature is taking action to address the rising costs of senior housing with the passing of House Bill 1204, which aims to ease the financial strain on residents of senior mobile and manufactured home parks by allowing them to have a roommate...

California Polytechnic State University’s $1 Billion Student Housing Project to Feature 4,200 Beds

Feb 11, 2025 | Finance - Specialty Housing, Student Housing

California Polytechnic State University has partnered with FullStack Modular, Steinberg Hart Architects, and design-build contractor Whiting-Turner for the development of a new 4,200-bed student housing, which will be located on the San Luis Obispo campus. The $1...

Ohio State Budget Proposal Earmarks $100 Million for Affordable Housing Development

Feb 11, 2025 | Affordable Housing, Finance - Specialty Housing

In a step to address housing affordability issues, Ohio Gov. Mike DeWine’s proposed two-year state budget includes a $100 million investment in the Ohio Housing Investment Opportunity Program to increase the development of affordable housing, especially in rural...

Monarch Private Capital’s $275 Million HSBC-Led Bond Issuance for Affordable Housing

Feb 11, 2025 | Affordable Housing, Finance - Specialty Housing

Monarch Private Capital has issued a $275 million bond which will be used to finance 58 affordable housing projects across Georgia, South Carolina, and Oklahoma. HSBC acted as the Sole Placement Agent for this asset-backed securities transaction. To repay the...

MoDOT Awards $49.9 Million for 63 Bridge Projects Across Missouri

Feb 7, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

The Missouri Department of Transportation has awarded $49.9 million in federal funding to 63 bridge projects through the 2026 Regional Bridge Program. Replacing the previous off-system local bridge replacement program, this initiative is funded through the Bridge...

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