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...

Flash Update: Homeownership Rates in Every City (Q3 2024 Release)

Oct 31, 2024 | Flash Updates, Local Economics

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

Flash Update: Case-Shiller Home Price Index in 20 Cities (October 2024 Release)

Oct 31, 2024 | Case Shiller Home Price Index, Flash Updates, Local Economics

CivMetrics collects key real estate data for the largest cities in the United States. In this post, we look at new Case-Shiller Home Price Index data for 20 cities. For questions about our data, or to request data, please contact [email protected]. Data is...

Flash Update: Unemployment Rate in Every Metro (October 2024 Release)

Oct 30, 2024 | Flash Update - Employment, Flash Updates, Local Economics, 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...

Public-Private Partnership Secures $80 Million Grant for AllianceTexas Smart Port Project

Oct 30, 2024 | Finance - Infrastructure, Infrastructure, Ports, Public Private Partnerships (P3s)

The public-private partnership between the North Central Texas Council of Governments, Hillwood, the Texas Department of Transportation, the City of Fort Worth, and the City of Haslet has successfully secured an $80 million federal grant from the U.S. Department of...

$189 Million Awarded to Cali LOSSAN Rail Corridor Projects

Oct 30, 2024 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

Over $189 million in state funding has been allocated by the California State Transportation Agency to projects that will strengthen infrastructure and increase freight capacity along the Los Angeles–San Diego–San Luis Obispo (LOSSAN) rail corridor, the second busiest...

EPA Awards $3 Billion Under Clean Ports Program to 55 Projects

Oct 30, 2024 | Finance - Infrastructure, Infrastructure, Ports

It was recently announced that the EPA has selected 55 projects from 27 states to receive a portion of nearly $3 billion in funding under the Clean Ports Program, aimed at improving infrastructure and enhancing climate and air quality at U.S. ports. This investment...

FAA Awards $970 Million to Modernize 125 Airports

Oct 30, 2024 | Airports, Finance - Infrastructure, Infrastructure

Airport upgrades are on the way as the FAA awards $970 million in grants to modernize 125 airport terminals across U.S. states, Guam, and Palau. Made possible through the Bipartisan Infrastructure Law, this funding will support initiatives like improved baggage...

Microsoft to Invest $1 Billion in Three Data Centers in Licking County, OH

Oct 29, 2024 | Economic Development, Finance - Economic Development

In a significant move to enhance its cloud infrastructure, Microsoft has announced its plan to invest $1 billion in the development of three data center campuses in New Albany, Heath, and Hebron in Licking County, Ohio, following the approval of approximately $72.5...

Climeworks to Build New DAC Facility in SW Louisiana, Creating 469 Jobs

Oct 29, 2024 | Economic Development

Climeworks has announced plans to build a large direct air capture (DAC) facility in southwest Louisiana, mobilizing $50 million in private investment to match the U.S. Department of Energy's initial funding. The facility, which will be built on private property next...

$7.2 Million Awarded to Four Alabama Counties for Site Readiness