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,...

Iowa Plans $8.9 Million Roundabout Project to Improve Highway 30

Dec 4, 2024 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

Boone County’s Highway 30 will undergo a major safety upgrade with the Iowa Department of Transportation's $8.9 million project to add two two-lane roundabouts at SE Marshall Street and Corporal Roger Snedden Drive. This project aims to reduce crashes, with...

$1.3 Billion Tampa Bay Rays Stadium Project Delayed Due to Bond Approval Setbacks

Dec 3, 2024 | Finance - Infrastructure, Infrastructure, Stadiums

The development of the Tampa Bay Rays' $1.3 billion new stadium faces delays after hurricane damage to Tropicana Field and issues with bond approval from the Pinellas County Board of Commissioners. Despite public financing approval in July and meeting bond...

USDOT Awards $172 Million for Road Safety Initiatives Nationwide

Dec 3, 2024 | Finance - Infrastructure, Infrastructure

The U.S. Department of Transportation has announced $172 million in funding for the Safe Streets and Roads for All (SS4A) program, which will support programs aimed at improving safety across the nation’s roads. This third and final round of 2024 grants will support...

Dallas Fort Worth International Airport Kicks Off $5 Billion Terminal Development

Dec 3, 2024 | Airports, Finance - Infrastructure, Infrastructure

A $5 billion terminal expansion development is underway for Dallas Fort Worth International Airport as it officially breaks ground on Terminal F, a $1.6 billion project that will feature 15 new gates and is expected to be completed by 2026. An additional $2.7 billion...

Boone County Regional Airport in AR Secures $7 Million Grant for Terminal Modernization

Dec 3, 2024 | Airports, Finance - Infrastructure, Infrastructure

Boone County Regional Airport has secured a $7 million grant from the FAA, which will be allocated for the development of a new 7,100-square-foot terminal, with construction set to begin in fall 2025. The new terminal will enhance accessibility, energy efficiency, and...

Flash Update: FHFA Home Prices in Every Metro (Q3 2024 Release)

Dec 3, 2024 | FHPA Home Prices, Flash Updates

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: Unemployment Rate in Every Metro (November 2024 Release)

Dec 3, 2024 | Flash Update - Employment, Flash Updates, Unemployment

CivMetrics collects key employment data for the largest cities in the United States. In this post, we look at new data on unemployment rates in US metro areas. For questions about our data, or to request data, please contact [email protected]. Data is from...

Amazon Expands in Florence County, SC with $18 Million Facility

Nov 28, 2024 | Economic Development, Finance - Economic Development

Amazon is expanding its operations in Florence County, South Carolina, as it announces the opening of an $18 million last-mile facility near I-95 and I-20, aiming to improve package sorting and delivery services. The 117,000-square-foot facility of the e-commerce and...

Massachusetts’ $4 Billion Economic Development Bill Signed into Law

Nov 28, 2024 | Economic Development, Finance - Economic Development, Legal - Economic Development

Strengthening Massachusetts' economic growth, Governor Maura Healey has signed the Mass Leads Act into law, a $4 billion economic development bill that commits financial support to emerging industries like climatetech, life sciences, and artificial intelligence. Among...

Stellar Snacks Opens $137 Million Facility, Creating 350 Jobs in West Louisville, KY