Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
Miami-Dade County Receives $389.5 Million Grant for Northeast Corridor Rapid Transit Project
The Miami-Dade Department of Transportation and Public Works has secured $389.5 million from the Federal Transit Administration under the Capital Investment Grant Program for its $927.3 million Northeast Corridor Rapid Transit Project, a key initiative of the county’s...
Port of Kalama, WA Receives $26.32M for Rail Expansion
A $26.32 million federal grant is coming to the Port of Kalama in Washington for the replacement of rail tracks at the port's Tacoma Export Marketing Co. (TEMCO) Terminal, which is expected to help increase grain loading speed from rail to ship by up to 30%. The...
$2 Billion Bond Issuance Completed for JFK Terminal 6 Development
JFK Millennium Partners has successfully completed a nearly $2 billion bond issuance for the construction and operation of the new JFK Terminal 6, marking one of the top three largest municipal bond financings at a U.S. airport since 2021. The bond deal includes $1.85...
Honolulu Airport Secures $17M for Upgrades
Daniel K. Inouye International Airport in Honolulu, Hawaii, is set to receive $17 million in grants from the Federal Aviation Administration to upgrade its fire safety systems. The funding, made possible through the Bipartisan Infrastructure Law, will go toward a $7.3...
New $100 Million Plant Expansion in Port of Little Rock, AR to Create 175 Jobs
Arkansas will be the newest hub for a line pipe manufacturing company as Welspun Tubular LLC recently revealed plans for a $100 million plant expansion at the Port of Little Rock, bringing 175 new jobs to the area. The new plant, set to break ground later this year,...
Six Economic Development Projects Approved in Ohio, Expected to Generate $1.1 Billion and 415 New Jobs
Ohio is set for a major economic boost as six projects have been recently approved that are expected to spur $1.1 billion in investments into the state, create 415 new jobs, retain more than 1,100 existing positions statewide, and generate nearly $24 million in new...
Pennsylvania Awards $600 Million to 400 Economic Development Projects
In a major push for economic growth, Governor Josh Shapiro recently announced a $600 million investment to be distributed across 400 projects throughout Pennsylvania through the Redevelopment Assistance Capital Program (RACP). This funding aims to drive regional...
$2 Million SEEDS Grant to Revitalize Alabama Industrial Park
Opelika has secured $2 million in grants from Alabama's Site Evaluation and Economic Development Strategy (SEEDS) program, which will be used to finance two infrastructure projects in the Northeast Opelika Industrial Park: the extension of North Park Drive and the...
Portland, OR Approves Six New TIF Districts; Expected to Generate $2.8 Billion
The Portland City Council has recently approved the creation of six new Tax Increment Finance (TIF) districts, which are expected to generate $2.8 billion over 30 years in east Portland and the Central City: 82nd Avenue Area, East 205, Sumner-Parkrose-Argay-Columbia...
Charleston City, SC Approves Union Pier TIF District
In a significant step toward community revitalization, Charleston City Council recently approved the establishment of a Tax Increment Financing District at Union Pier, which will create more opportunities and catalyze public investment in green spaces, waterfront...
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