Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
$1.2 Billion Bond Sale to Fund John Glenn Columbus Airport’s New Terminal
The Columbus Regional Airport Authority has sold $1.2 billion in bonds to fund a new terminal at John Glenn Columbus International Airport, surpassing the initial $1 billion bond offering due to overwhelming investor demand. The terminal, set to open by 2029, will...
V-GaN Tech Hub Awarded $23.7M to Advance Semiconductor Development in Vermont
The Vermont Gallium Nitride (V-GaN) Tech Hub, a collaboration among the University of Vermont (UVM), GlobalFoundries, and the state of Vermont, has been awarded $23.7 million in federal funding from the U.S. Economic Development Administration, setting Vermont on the...
Four Companies to Invest $55 Million, Creating 167 Jobs in Southeast Michigan
Nearly $55 million in capital investment and 167 new jobs will be created in Wayne and Oakland counties as four economic development projects are coming to Southeast Michigan. These four companies include NxLite, investing $5 million to establish its U.S....
Premium Drinks Company Invests $415 Million in New Montgomery, AL Facility
Diageo North America, a premium drinks company, announced plans to invest approximately $415 million in a new 360,000-square-foot manufacturing and warehousing facility in Montgomery, Alabama. Diageo Montgomery is expected to create 750 jobs during its construction...
SPC Group Expands in Texas with $165 Million Food Production Facility
SPC Group, the parent company of Paris Baguette, is expanding its presence in North America as it invests $165 million to build a 267,000-square-foot production facility in Burleson, Texas. Supported by $10 million in local tax breaks, the food manufacturing plant...
Alabama Allocates $40 Million for Road and Bridge Projects
Alabama will soon see major upgrades to its transportation infrastructure, as Governor Kay Ivey announced a $40 million investment in road and bridge projects across the state. Made possible through the Alabama Transportation Rehabilitation and Improvement Program-II...
EDA Awards $64M Tax Credit for Jersey City’s Bayfront Housing Development
The first phase of Jersey City’s Bayfront housing project is advancing after the Economic Development Authority approved a $64 million tax credit award under the Aspire program. The Bayfront Promenade will add 210 rental units, with 74 designated as affordable...
Orlando International Airport Rolls Out $650M Baggage System Upgrades
Orlando International Airport is investing over $650 million in upgrading its Baggage Handling System infrastructure. This renovation is taking place as the facility experiences record growth, with the airport serving 60 million passengers last year and handling an...
Utah County Commits $78 Million to Expand Provo Airport
Provo Airport is set for a major upgrade after Utah County approved an interlocal agreement with Provo City, committing $78 million to its expansion. The county will provide $19.5 million upfront and $3.9 million annually for the next 15 years to finance the...
Granite Construction Wins $71M Contract to Expand Fort Bliss Rail Yard in Texas
Granite Construction has been awarded a $71 million contract by the U.S. Army Corps of Engineers to upgrade and expand the rail yard at Fort Bliss in El Paso, Texas. The project, set to begin in February 2025, includes upgrades such as new loading spurs, an expanded...
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