Civic Development News and Data

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

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...

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...

Montana Senate Opens Investigation Over Senator’s $170K Contracts

Jan 29, 2025 | Procurement

The Montana Senate has unanimously voted to open an ethics investigation into Sen. Jason Ellsworth after a report from the Legislative Audit Division revealed that he signed illegal contracts worth $170,100 with a business associate and former employee Bryce Eggleston...

Pennsylvania Bans Contractor, Orders Restitution & Civil Penalties

Jan 29, 2025 | Infrastructure, Legal - Infrastructure, Procurement

Attorney General Michelle Henry has announced that Vincent Vince, owner of Independent Construction Builders in Shavertown, has been banned from home improvement work in Pennsylvania and ordered to pay $79,000 in restitution to customers for uncompleted work, and...

Virginia Selects Long Bridge Rail Partners as Design-Builder for $2.3B Rail Project

Jan 29, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Procurement

The Virginia Passenger Rail Authority (VPRA) has selected the joint venture Long Bridge Rail Partners as the design-builder for the south package of its $2.3-billion Long Bridge Project, advancing plans to expand rail infrastructure in the state. Expected to be...

Cleveland City Council Seeks to Amend Riverfront TIF Term and Define Infrastructure Plan

Jan 29, 2025 | Credits and Incentives, Finance - Incentives, TIFs

Cleveland’s City Council is requesting an amendment to the riverfront tax increment financing (TIF) district that would specify the exact locations of infrastructure work and extend its TIF term from 30 to 42 years. The most controversial aspect of the amendment is...

Chicago TIF District Expansion to Fund Over 300 New Units at Lathrop Homes

Jan 29, 2025 | Credits and Incentives, Finance - Incentives, TIFs

The Chicago City Council recently approved an expansion of the Diversey/Chicago River tax increment financing district, which will help increase funding for the construction of more than 300 housing units in the southern section of the Lathrop Homes development...

TN Attorney General: Tax Incentive Resolution Raises Constitutional Concerns

Jan 29, 2025 | Credits and Incentives, Legal - Incentives, TIFs

Tennessee Attorney General Jonathan Skrmetti has raised legal concerns about a new Shelby County resolution requiring developers to first complete "culturally competent community engagement" before seeking tax incentives, suggesting parts of the policy could violate...

$15M LIHTC Project in Yellow Springs, Ohio Moves Forward

Jan 29, 2025 | Credits and Incentives, Finance - Incentives

A low-income housing tax credit (LIHTC) project in Yellow Springs, Ohio, is moving forward, with Village Council recently approving key resolutions to support Woda Cooper Development’s $15 million LIHTC application to the Ohio Housing Finance Agency. To ensure the...

Flash Update: Job Openings in Every State (January 2025 Release)

Jan 25, 2025 | Flash Updates, Job Opening, Local Economics

CivMetrics collects key economic data for the largest cities in the United States. In this post, we look at a new data on job opening rates in all 50 states. For questions about our data, or to request data, please contact [email protected]. Data is from...

Flash Update: Inflation in Major Cities (January 2025 Release)

Jan 25, 2025 | Flash Update - Inflation, Flash Updates, Inflation

CivMetrics collects key economic data for the largest cities in the United States. In this post, we look at the latest CPI release and the 14 cities tracked in this release. For questions about our data, or to request data, please contact [email protected]....

New Student Housing Complex Coming to Wisconsin with 12-Story Theory Madison Project

Jan 24, 2025 | Finance - Specialty Housing, Student Housing

A new student housing complex is set to rise in Madison, Wisconsin, as construction begins on Theory Madison, which is slated to open in summer 2026. The 12-story development aims to help address the shortage of affordable housing units, particularly for University of...

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