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...

Virginia Faces 45% Hike in Flood Insurance Rates Under FEMA’s New Rating System

Apr 30, 2025 | Risk Management and Insurance

Flood insurance rates are projected to rise by 45% in Virginia under FEMA’s updated Risk Rating 2.0 system, which uses property-specific data like home value, structure, and location to determine rates. Compared to the previous system, which used elevations within...

Louisiana Advances Bills on Insurance Notice, Transparency, and Advertising

Apr 30, 2025 | Risk Management and Insurance

Louisiana lawmakers advanced several insurance reform bills aimed at increasing transparency in the industry and helping consumers better understand their coverage. HB 345 would double the required notice period for cancellations or renewals, SB 136 would require...

Flood Insurance Deadline Looms as Florida Lawmaker Pushes for Long-Term Extension

Apr 30, 2025 | Risk Management and Insurance

With few weeks left before the National Flood Insurance Program is set to expire on September 30, concerns are rising as federal budget cuts ripple through agencies like Federal Emergency Management Agency, which oversees the national flood insurance. To ensure...

Colorado Lawmakers Push Plan to Lower Home Insurance Premiums Amidst Wildfire Risk

Apr 30, 2025 | Risk Management and Insurance

Facing skyrocketing insurance premiums, Colorado lawmakers are proposing a program aimed at lowering costs and encouraging insurers to remain in the state. With Colorado now holding the fourth highest property insurance rates in the U.S., Rep. Kyle Brown and Speaker...

PennDOT Commits $300M in New Work, Bringing District 4’s Active Transportation Projects to $1.2B

Apr 29, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

The Pennsylvania Department of Transportation is committing over $300 million to 52 transportation projects across Lackawanna, Luzerne, Pike, Susquehanna, Wayne, and Wyoming counties. These projects, along with 95 ongoing ones, bring the total active investment in...

Washington Commanders, D.C. Strike $3.7 Billion Public-Private Partnership Deal for New Stadium

Apr 29, 2025 | Finance - Infrastructure, Infrastructure, Public Private Partnerships (P3s), Stadiums

The Washington Commanders are returning to the U.S. capital after entering into a public-private partnership with the District of Columbia for a $3.7 billion redevelopment of a 180-acre riverfront parcel, which includes a new 65,000-seat stadium slated to open in time...

$32.7 Million Hangar Development to Begin at Pryor Field Regional Airport in Alabama

Apr 29, 2025 | Airports, Finance - Infrastructure, Infrastructure

A $32.7 million hangar development at Pryor Field Regional Airport will begin this summer, creating 50 aviation jobs and expanding Alabama’s aerospace infrastructure. Expected to be completed by 2027, the facility will offer maintenance and overhaul services for...

John F. Kennedy International Airport Opens New $270 Million Cargo Handling Facility

Apr 29, 2025 | Airports, Finance - Infrastructure, Infrastructure

John F. Kennedy International Airport has opened a $270 million, 350,000-square-foot cargo handling facility, consolidating operations from four zones. The structure, developed by the Port Authority of New York and New Jersey in partnership with Realterm and Worldwide...

Tariff Impact Drives Trucking Manufacturer to Offer Voluntary Layoffs

Apr 28, 2025 | Economic Development, Finance - Economic Development

Citing economic pressures from tariffs and a trucking industry slowdown, Bendix Commercial Vehicle Systems is offering voluntary layoffs to full-time salaried employees across its U.S. operations. The company, which is headquartered in Avon, Ohio, said trucking demand...

Thermo Fisher Commits $2 Billion to Expand U.S. Operations

Apr 28, 2025 | Economic Development, Finance - Economic Development

Thermo Fisher Scientific plans to invest $2 billion in the U.S. over the next four years, including $1.5 billion to expand manufacturing operations and $500 million to support research and development. The company said the investment will create high-paying jobs and...

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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

D.C. Council Approves $3.7B Commanders Stadium and Development Deal

California Greenlights $20 Billion Funding for High-Speed Rail Project

Civic Development Podcast #3: P3s Unplugged with Thomas John, Seth Miller Gabriel and Jeremy Ebie

$370M Microchip Facility to Boost Louisiana Economy, Add 300 Jobs

Hyundai Raises U.S. Investment to $26 Billion

Kentucky, Indiana Approve $933 Million I-69 Bridge Project

Civic Development Podcast #1: The Big Beautiful Bill and Affordable Housing in the 2nd Trump Administration with David Gasson

GE Appliances to Invest $490 Million in Louisville, Kentucky Washer Plant

US Jobless Claims Climb Sharply, Highest Since 2021

Virginia Faces 45% Hike in Flood Insurance Rates Under FEMA’s New Rating System

Louisiana Advances Bills on Insurance Notice, Transparency, and Advertising

Flood Insurance Deadline Looms as Florida Lawmaker Pushes for Long-Term Extension

Colorado Lawmakers Push Plan to Lower Home Insurance Premiums Amidst Wildfire Risk

PennDOT Commits $300M in New Work, Bringing District 4’s Active Transportation Projects to $1.2B

Washington Commanders, D.C. Strike $3.7 Billion Public-Private Partnership Deal for New Stadium

$32.7 Million Hangar Development to Begin at Pryor Field Regional Airport in Alabama

John F. Kennedy International Airport Opens New $270 Million Cargo Handling Facility

Tariff Impact Drives Trucking Manufacturer to Offer Voluntary Layoffs

Thermo Fisher Commits $2 Billion to Expand U.S. Operations

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