Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
$73.3 Million Construction Loan Secured for FSU’s ‘The Hall’ Student Housing Project
Portman, 908 Group, Canyon Partners Real Estate, and PTM Partners are developing "The Hall," a Class-A student housing project at Florida State University, funded by a $73.3 million senior construction loan recently secured by the said joint venture from Pacific Life...
Los Angeles Pays $38.2 Million Settlement For False Accessibility Claims in Affordable Housing
The City of Los Angeles has recently agreed to pay $38.2 million to settle a lawsuit filed by the U.S. Department of Justice, alleging that the city violated the False Claims Act by falsely certifying its multifamily affordable housing units as accessible to people...
Flash Update: Weekly Wages in the Every Metro (Q1 2024 Release)
CivMetrics collects key economic data for the largest cities in the United States. In this post, we look at the latest wage data for the largest counties in the United States. For questions about our data, or to request data, please...
Flash Update: Unemployment Rate in Every Metro (August 2024 Release)
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...
Flash Update: Case-Shiller Home Price Index in 20 Cities (August 2024 Release)
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...
Meta Announces $800 Million Data Center in South Carolina
Meta has announced the development of an $800 million data center on a 715,000-square-foot site in Aiken County, South Carolina, marking a significant economic development milestone that is expected to create 100 jobs in the region. Scheduled to be operational by...
$92.5 Million Whiskey Project to Boost Economy, Tourism in Kentucky
Saga Spirits Group plans to invest $92.5 million in a whiskey-related project in Versailles, Kentucky, which will include a distillery, visitor center, and event space, and is expected to create 89 jobs and boost the local economy. Said project is supported by...
West Virginia Lands $219 Million in Economic Development Investments
Governor Jim Justice announced that three companies will invest $219 million in West Virginia, with Babcock & Wilcox, a leader in energy and environmental technologies, making the largest commitment at $125 million to Mason County. West Virginia Press...
Erie County to Offer ‘Bills Bonds’ to Fans to Fund New NFL Stadium
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
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...
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