Civic Development News and Data

The latest local trends, news and insights on infrastructure, economic development, housing and economics.

Top 5 RFPs in Economic Development: November 2025

Top 5 Economic Development RFPs of November 2025 Powered by the CivMetrics Economic Development RFP Library 5. Atlanta Regional Commission (ARC) Seeks Consultant for Transportation Planning Issuing Agency: Atlanta Regional Commission RFP Description: The...

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...

Chicago’s LeClaire Courts Secures $5.5 Million TIF Funding

Aug 26, 2024 | TIFs

$5.5 million in TIF funding has been approved by Chicago's Community Development Commission for the first residential phase of LeClaire Courts development, a multiple mixed-use building project by The Habitat Company and Cabrera Capital Partners in partnership with...

Cleveland Greenlights TIF District for $3.3 Billion Riverfront Project, Sparking Debate

Aug 26, 2024 | Featured - Incentives, TIFs

The Cleveland City Council approved a new TIF district for Bedrock's $3.3 billion Cuyahoga Riverfront project, which will include apartments, offices, retail, parks, and a practice facility for the Cavs. The plan involves allocating up to $1 billion in subsidies into...

Specialty Housing Deal State Rankings: Washington, Georgia Top List in 2024

Aug 26, 2024 | Uncategorized

There have been over 100 specialty housing deals in 2024 so far, according to data from the CivMetrics Specialty Housing Deals Database. These include deals related to affordable housing, student housing and senior housing. Which states are leading the way in deal...

Sonida Senior Living to Acquire Eight Senior Communities in Southeast for $103 Million

Aug 26, 2024 | Senior Housing

Sonida Senior Living, Inc. is set to acquire eight senior living communities in South Carolina and Florida. This transaction, valued at $103 million, comprises 555 units with Assisted Living and Memory Care options, located in Jacksonville, Orlando, Daytona Beach,...

Legal Dispute Erupts Over UCSC’s Student Housing Contract Award

Aug 26, 2024 | Legal - Public Projects/Construction, Legal - Specialty Housing, Student Housing

The Nor Cal Carpenters Local Union 505 has filed a lawsuit against the University of California, alleging an unfair bidding process for the UC Santa Cruz student housing project, Student Housing West. The union argues that W. E. O’Neil Construction Co. of Norcal...

University of Georgia Leases Land for New $70 Million Student Residence Hall

Aug 26, 2024 | Student Housing

The University of Georgia is gearing up for the development of a $72.5 million student housing, leasing 0.596 acres of campus land to address the soaring demand for student housing. An affiliate of the UGA Real Estate Foundation, Inc. UGAREF Lumpkin Street Housing...

San Francisco Pulls $20 Billion Affordable Housing Bond From November Ballot

Aug 26, 2024 | Affordable Housing, Featured - Specialty Housing

In a sudden turn of events, two months after the board of the Bay Area Housing Finance Authority voted to place a $20 billion affordable housing bond on this year's ballot, the board this week unanimously decided to pull the measure from the November ballot. The...

Massachusetts Gov Signs $5.16 Billion Affordable Homes Act

Aug 26, 2024 | Affordable Housing

In a historic move this month, Massachusetts signed into law the Affordable Homes Act, investing $5.16 billion in bond authorizations and tax credits to combat the housing crisis across the state. This landmark legislation is the largest investment in housing in the...

Infrastructure Deal State Rankings: California, Louisiana Top List in 2024

Aug 20, 2024 | Infrastructure

There have been over 300 infrastructure deals in 2024, according to data from the CivMetrics Infrastructure Deals Database. These include deals related to airports, ports, public transit and other infrastructure. Which states are leading the way in deal count, and...

JB Pritzker Announces 5-Year Illinois Economic Growth Plan

Aug 19, 2024 | Economic Development

Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) last week launched Illinois' 2024 Economic Growth Plan. This five-year plan is designed to propel Illinois' economic growth by outlining strategies to attract groundbreaking...

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