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,...

Brickstone Partners Secures $58 Million from Blackstone for Fort Collins Student Housing Portfolio

Aug 1, 2024 | Student Housing

Brickstone Partners, a student-housing-focused operator in Colorado, has successfully secured a $58 million refinancing package from Blackstone for its Fort Collins portfolio. Acquired in 2021, the portfolio consists of The Junction Apartments and The Alpine...

UC San Diego Seeks Approval for $2 Billion Student Housing Village; Would Be Largest in San Diego County

Aug 1, 2024 | Featured - Specialty Housing, Student Housing

A $2 billion student housing village is on the horizon on the eastern edge of UC San Diego's main campus as Chancellor Pradeep Khosla seeks approval from the University of California for its development. The proposed village is set to exceed the size of any...

Lawsuit Dismissed Against Clemson Student Housing Complex

Aug 1, 2024 | Legal - Specialty Housing, Student Housing

The development of Hub Clemson, a 7-story planned student housing complex near Clemson University's Memorial Stadium, is moving forward as the lawsuit brought against it was dismissed earlier this week. The lawsuit challenged the development's compliance with the...

Ohio’s Future Fund Awards $14.6 Million to Infrastructure Improvements in Defiance County

Aug 1, 2024 | Credits and Incentives, Economic Development, Infrastructure

This week the Office of Ohio Governor Mike DeWine announced a $14.6 million award from the All Ohio Future Fund which will be used for infrastructure improvements at a 1,000-acre site in Defiance County. Baltimore Avenue Industrial Corridor in Defiance will be...

City of Trenton Receives $15.6 Million Choice Neighborhoods Grant for Redevelopment

Aug 1, 2024 | Affordable Housing, Credits and Incentives

The City of Trenton and the Trenton Housing Authority have been awarded a $15.6 million Choice Neighborhoods Grant as announced by President Biden and HUD Acting Secretary Todman. The funding will be allocated towards the improvements and redevelopments to be made at...

EDA Launches $25 Million Funding Round for Good Jobs Challenge

Aug 1, 2024 | Credits and Incentives, Economic Development

The Biden-Harris Administration, through the Economic Development Administration (EDA), is launching a new phase of the Good Jobs Challenge, investing $25 million in locally-led workforce training programs. This latest funding opportunity aims to support sectoral...

Capital One Unveils $265 Billion Community Benefits Plan

Aug 1, 2024 | Economic Development, Featured - Economic Development

Capital One Financial Corporation this month promised over $265 billion in lending, investment, and philanthropy over five years as part of its proposed acquisition of Discover Financial Services. Developed with NALCAB, NeighborWorks America, OFN, and the Woodstock...

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

May 7, 2024 | Case Shiller Home Price Index, Flash Updates, Housing, Real Estate, Real Estate Economics, Uncategorized

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...

Flash Update: Inflation in Major Cities (April 2024 Release)

Apr 25, 2024 | Flash Update - Inflation, Inflation, Uncategorized

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 12 cities tracked in this release. For questions about our data, or to request data, please...

Flash Update: Job Openings in Every State (March 2024 Release)

Mar 20, 2024 | Flash Update - Employment, Flash Updates, Uncategorized

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...

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