Civic Development News and Data

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

Top 5 RFPs in Economic Development: November 2025

Top 5 Economic Development RFPs of November 2025 Powered by the CivMetrics Economic Development RFP Library 5. Atlanta Regional Commission (ARC) Seeks Consultant for Transportation Planning Issuing Agency: Atlanta Regional Commission RFP Description: The...

Pfizer Agrees to MFN Drug Prices, $70B in U.S. R&D and Production

Pfizer has struck a deal with the Trump administration to provide all of its prescription drugs to Medicaid patients at “most favored nation” prices, and to pledge $70 billion in new U.S. production and R&D investments. The company also plans to offer...

D.C. Council Approves $3.7B Commanders Stadium and Development Deal

The D.C. Council approved a $3.7 billion deal to bring the Washington Commanders back to the RFK Stadium site, clearing the way for a new 65,000-seat football stadium and mixed-use development along the Anacostia River. The project includes $1 billion in taxpayer...

California Greenlights $20 Billion Funding for High-Speed Rail Project

California lawmakers have approved a plan to provide up to $20 billion in new funding for the state’s high-speed rail project, after President Trump pulled funding from the effort. The money, drawn largely from Cap-and-Trade revenues, will help complete the initial...

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...

Kansas City, MO Approves Funding for $300 Million Parade Park Homes Redevelopment

Mar 12, 2025 | Affordable Housing, Finance - Specialty Housing

More affordable housing units are coming to Kansas City, Missouri, following the passage of an ordinance approving funding for the $300 million redevelopment of Parade Park Homes. The project, led by Flaherty & Collins Properties and Twelfth Street Heritage...

$300 Million Proposal Aims to Transform Five Abandoned State Properties Across Illinois

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

Governor JB Pritzker has unveiled a $300 million plan for the redevelopment of five unused state properties, including the long-abandoned Dwight Correctional Center, the Jacksonville Developmental Center, the Lincoln Developmental Center, the H. Douglas Singer Mental...

Houston, TX to Transform George R. Brown Convention Center with $2 Billion Redevelopment

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

Houston, Texas, is set to transform its downtown area with a $2 billion redevelopment of the George R. Brown Convention Center (GRB), aiming to solidify its status as a global hub for sports, entertainment, and tourism. Scheduled for completion by 2038, this...

Alpena, Michigan Greenlights Development and TIF Plan for $47 Million Senior Housing Project

Mar 9, 2025 | Finance - Specialty Housing, Senior Housing

A development plan and Tax Increment Financing (TIF) plan have recently been approved by the City of Alpena, Michigan, for a new $47 million senior housing project, which will be called The Gardens of Alpena Senior Living Community. The community will feature 128...

New $145M, 1,000 Bed Residence Hall at UT Austin

Mar 9, 2025 | Finance - Specialty Housing, Student Housing

A new $145 million student housing project is coming to The University of Texas at Austin, with Balfour Beatty Campus Solutions chosen as the developer, Andres as the general contractor, and Clark Nexsen & Levy Dykema as the architects. Set to open in Fall 2027,...

NYU’s Lafayette Hall Secures $180M Loan from Apollo

Mar 9, 2025 | Finance - Specialty Housing, Student Housing

Apollo Global Management has issued a $180 million loan to refinance NYU’s largest student housing property, Lafayette Hall, a 17-story dormitory with 262 units in Lower Manhattan. The financing was arranged by Newmark Group Inc.’s Jordan Roeschlaub and Nick Scribani...

$264 Million Redevelopment to Turn CUNY Dorm into Affordable Housing in East Harlem, NY

Mar 9, 2025 | Affordable Housing, Finance - Specialty Housing

An increase in New York’s affordable housing inventory is coming with the announcement of a $264 million project at 1760 Third Avenue in East Harlem, transforming a former CUNY dormitory into 433 affordable units. Backed by state and city funding, the development will...

Indiana Awards $200 Million for Local Road and Bridge Projects

Mar 9, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

Improving public safety and the quality of life for Hoosiers, Governor Mike Braun and the Indiana Department of Transportation announced the distribution of over $200 million in Community Crossings matching grants to fund local road and bridge projects across 245...

New Mexico’s House Bill 145 Moves to Senate, Proposing $1.5 Billion Transportation Bond

Mar 9, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Legal - Infrastructure, Legal - Public Projects/Construction, Transportation

New Mexico’s House Bill 145, which authorizes $1.5 billion in transportation bonds, has secured approval from the House and now heads to the Senate for review. The bill aims to address the state’s $5.6 billion road funding shortfall and leverage federal funds and...

ADOT Seeks Public Input on $12.7 Billion Transportation Plan