Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
Nebraska Greenlights $450 Million in Highway Bonds for Transportation Projects
The Nebraska Highway Commission has approved the issuance of bonds to fast-track transportation projects. This follows a bill passed by lawmakers last year, allowing up to $450 million in highway bonds with annual debt service of up to $35 million, with the first $100...
St. Petersburg City Council Approves $287.5M Bond for Rays’ $1.3B New Stadium
After delays in stadium bonds approval, St. Petersburg City Council has approved a $287.5 million in tax-exempt bonds for the Tampa Bay Rays' new $1.3 billion stadium. The bonds are part of the $600 million in public funding allocated for the stadium, alongside $142...
Funding Agreement for Oakland A’s $1.75 Billion Stadium in Las Vegas Approved
Las Vegas is set to become the new home of the Oakland Athletics as the financing and development agreement for the team's $1.75 billion ballpark has been unanimously approved by the Clark County Stadium Authority Board. The agreements include a binding lease, a...
FAA Awards $20 Million to Upgrade Airport Control Towers
Small and regional airports in 15 states will soon be seeing infrastructure upgrades as the Federal Aviation Administration (FAA) has awarded $20 million in grants to enhance 20 airport-owned air traffic control towers. Funded through the Bipartisan Infrastructure...
Illinois Quantum and Microelectronics Park to Generate $20 Billion Economic Impact with IBM’s New Center
Backed by a $25 million state grant, IBM has announced plans to establish the National Quantum Algorithm Center at the Illinois Quantum and Microelectronics Park, a commercial hub development on the former U.S. Steel site in Chicago. The company is expected to invest...
$200M Cannon Beach Project in McKinney, TX Set to Generate $2 Billion in Economic Impact
The city of McKinney, Texas is teaming up with an Arizona developer to bring a $200 million Cannon Beach project, which will feature a surf lagoon, resort-style hotel, entertainment, and business spaces at the northeast corner of Stacy Road and S.H. 121. Expected to...
OneGeorgia Authority Awards $9.3 Million for Rural Industrial Site Development
A $9.3 million Rural Site Development Initiative grant has been awarded by the OneGeorgia Authority to support industrial site development across six Georgia communities. This program helps rural areas identify, assess, and develop industrial sites to attract...
Southern Indiana Receives $45 Million Economic Development Funding
Southern Indiana has been awarded $45 million in funding for 21 projects through the second round of the Regional Economic Acceleration and Development Initiative (READI) by the Indiana Economic Development Corporation. Of this, a total of $12.2 million will be...
New TIF District in Euclid, OH to Fund Park Trail Project
Euclid City Council has approved the creation of a special tax district to fund a new off-road trail that will connect the Cleveland Metroparks’ Euclid Creek Reservation to Euclid’s Hero Park. The 30-year, tax-increment financing (TIF) district will use the revenue...
Port of Douglas County, WA Approves TIF District to Fund Improvements
The Port of Douglas County Commissioners approved a Tax Increment Financing (TIF) District to fund improvements in the Pangborn Industrial Service Area in East Wenatchee, Washington, redirecting future tax revenue to spur economic development in the said area....
Explore Our Metro Data Libraries
Explore our premium metro data libraries, including deals, contracts, financing documents, RFP libraries and our Who’s Who directories of top professionals. All for free.
Listen to Our Civic Development Podcast!
Dive into civic development with expert commentary on all areas of civic finance: infrastructure, affordable housing, economic development and more.
Newsletter
Sign up below to get weekly alerts for newly added datasets, news and more.
