Metro Development and Civic News
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
Stellar Snacks Opens $137 Million Facility, Creating 350 Jobs in West Louisville, KY
Stellar Snacks, a pretzel manufacturer, officially opened a $137 million industrial bakery in the Park Hill neighborhood of west Louisville, Kentucky, marking the largest economic development project in the area’s history. Fifty-three employees have already been...
Mississippi Secures $110 Million for Economic Development Initiatives
Mississippi is on its path to economic growth as Governor Tate Reeves recently announced $110 million in grant funding to support economic development, infrastructure, workforce, conservation, and tourism initiatives, with $97 million earmarked for strengthening the...
Northfield, MN Approves TIF District for $20.7M Archer House Replacement
Northfield’s City Council has approved a Tax Increment Financing (TIF) district to help close a funding gap for the $20.7 million Archer House replacement project in Minnesota, which is a mixed-use development featuring 23 apartments, 19 extended stay units, and a...
$15 Million TIF Funding Approved for Redevelopment in Chicago
As part of Chicago's efforts to address homelessness, the Community Development Commission has greenlit the use of up to $15 million in TIF funds from the Western/Ogden TIF district to convert an abandoned industrial building in Little Village into a 120-bed shelter...
Proposed Legislation Could Slash Louisiana’s Historic Tax Credit Program
Louisiana's tax code could see significant changes in the coming weeks, including a reduction in the historic tax credit, which has been instrumental in funding property restorations and community revitalization. Governor Jeff...
Indiana Announces 2025 LIHTC Recipients for Affordable Housing Projects
Developments across the state of Indiana will receive additional financing as the 2025 recipients of the Housing Tax Credit (LIHTC) program and Multifamily Bonds with the Indiana Affordable and Workforce Housing Tax Credit (AWHTC) have been recently announced by the...
JLL Arranges $45 Million Loan for Student Housing Acquisition in Berkeley, CA
JLL Capital Markets arranged a $45 million financing deal for Hawkins Way Capital’s acquisition of Garden Village, a 77-unit student housing community in Berkeley, California, with the financing deal consisting of an initial $36 million loan and an additional $9...
New $32.6 Million Senior Housing Development Coming to Tacoma, WA
A new affordable senior housing is coming to Tacoma, Washington, with Greater Christ Temple Church filing permitting applications for a new project at 1951 S. Yakima Ave, which will give rise to a four-story building featuring 63 affordable units exclusively for...
Affordable Housing Project in Milwaukee County, WI Gets $3 Million Boost
Milwaukee County Executive David Crowley revealed $3 million in funding for a new $50 million development on the former Bucyrus campus at 1100 Milwaukee Ave. With construction set to begin in 2025 and completion expected in 2026, the project will feature 171 rental...
$25 Million Approved by Nevada State Infrastructure Bank for Las Vegas Affordable Housing Project
The Nevada State Infrastructure Bank has approved $25 million in financing for an affordable housing project in Las Vegas, Nevada. This funding will support the initial $57.3 million infrastructure phase of the Desert Pines Redevelopment Project, which will transform...
Explore Our Metro Data Libraries
Explore our premium metro data libraries, including deals, contracts, financing documents, RFP libraries and our Who’s Who directories of top professionals. All for free.
Test Drive Our New Data Dashboards!
Slice, dice, and analyze labor, real estate, and macroeconomic data for 100s of metros with our new dashboards.
Newsletter
Sign up below to get weekly alerts for newly added datasets, news and more.
