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,...

Erie County to Offer ‘Bills Bonds’ to Fans to Fund New NFL Stadium

Sep 3, 2024 | Stadiums

Erie County will offer "Bills Bonds" to fans, with a minimum investment of $5,000, on September 24 to fund half of its $250 million contribution toward the Buffalo Bills' $1.7 billion new facility being built next to Highmark Stadium. These bonds will be available to...

Honolulu Awards $1.66 Billion Contract to Tutor Perini for Rail Project

Sep 3, 2024 | Infrastructure

The Honolulu Authority for Rapid Transportation (HART) has announced a groundbreaking $1.66 billion contract—the largest single contract of the entire project— for the construction of six new rail stations and three miles of elevated guideway. Construction is set to...

Wisconsin Secures $377 Million for 76 Projects Across Urban Areas

Sep 2, 2024 | Infrastructure

Gov. Tony Evers and the Wisconsin Department of Transportation announced a groundbreaking $177 million boost from the Bipartisan Infrastructure Law which will be distributed towards 76 major projects across Wisconsin’s urban areas. This new funding, administered...

Georgia Awards $6 Billion Funding for Georgia 400 and I-285/I-20 Projects

Sep 2, 2024 | Infrastructure

The State Transportation Board has approved nearly $6 billion in bids for two major metro Atlanta projects: adding toll lanes to Georgia 400 and overhauling the I-285/I-20 West interchange. SR400 Peach Partners won the $4.6 billion Georgia 400 project, while Legacy...

Michigan Approves $252.3 Million for Grand Rapids Soccer Stadium Development

Sep 2, 2024 | Stadiums

The Michigan Strategic Fund Board recently approved a $252.3 million incentive package that will go toward the development of the new Acrisure Amphitheater, a proposed soccer stadium, and related Grand Rapids projects, including a riverwalk, residential units, and a...

SR 400 Peach Partners Chosen for $4.6 Billion Express Lane P3 Project in Atlanta

Sep 2, 2024 | Public Private Partnerships (P3s)

SR 400 Peach Partners has been chosen by the Georgia Dept. of Transportation (GDOT) and the State Road and Tollway Authority (SRTA) to design, construct, and manage 16 miles of express lanes in Atlanta, with a total project cost of $4.6 billion. Leveraging a...

El Paso Airport Receives $10.6 Million Grant for Upgrades

Sep 2, 2024 | Airports

El Paso International Airport (ELP) is receiving a significant boost with a $10.6 million grant made through the Bipartisan Infrastructure Law Airport Infrastructure Grants. As part of the Biden-Harris Administration's $427 million airport infrastructure initiative,...

90+ RFPs Added to CivMetrics Infrastructure RFP Library

Aug 29, 2024 | Infrastructure

There are over 90 open RFPs in the US infrastructure space, according to new data from the CivMetrics Infrastructure RFP Library. This includes RFPs issued by airports, sea ports, stadium authorities and other US infrastructure entities. Click here to view the RFP...

The 10 Largest TIFs of 2024 So Far

Aug 27, 2024 | TIFs

There have been over 30 TIF deals in 2024, according to data from the CivMetrics TIF Deals Database. Here are the 10 largest TIFs that have been approved in 2024: Note: Analysis only includes deals captured by CivMetrics TIF Deals Database. To browse our full database...

Cooper Steel Secures $40.7M NMTC Financing from Four Lenders for Shelbyville, TN Expansion

Aug 26, 2024 | Credits and Incentives

Cooper Steel has secured $40.7 million in New Markets Tax Credit financing to fund its massive steel fabrication expansion in Shelbyville, TN, which is expected to create 122 new jobs. The NMTC funding will be provided by four lenders: The Innovate Fund with $13...

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