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...

South Carolina Receives $175 Million Grant for I-95 Bridge Overhaul

Apr 28, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

The Trump Administration has awarded a $175 million federal infrastructure grant to the South Carolina Department of Transportation for the replacement of aging I-95 bridges over Lake Marion, a crucial freight route. U.S. Transportation Secretary Sean P. Duffy...

Alaska Airlines’ Parent Company Faces $166 Million Loss, Cites Trump Administration Impact

Apr 28, 2025 | Airports, Finance - Infrastructure, Infrastructure

Alaska Airlines' parent company reported a higher-than-expected $166 million loss in Q1 2025, attributing the downturn to economic uncertainty, worsened by actions taken by the Trump administration that have taken a toll on the tourism sector. With an anticipated 6%...

Trump Administration Pulls $64 Million Funding for High-Speed Rail in Texas

Apr 28, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

The U.S. has canceled nearly $64 million in funding for a high-speed rail project in Texas that aimed to use Japan's bullet train technology, ending plans to link Houston and Dallas in under 90 minutes. Critics argue that the decision reflects President Trump's...

Mazda’s Alabama Plant Halts CX-50 Production in Response to Tariffs

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

Mazda is temporarily halting production of its CX-50 SUV at its Huntsville, Alabama plant in response to Trump’s automobile tariffs. Although overall production at the Huntsville facility will continue unchanged, analysts warn Mazda may raise prices or pull the model...

California Ports Face Slowdown Amid Tariff Disputes

Apr 28, 2025 | Finance - Infrastructure, Infrastructure, Ports

California’s economy is bracing for impact as Trump’s tariffs disrupt trade, strain ports, and threaten millions of jobs. The Ports of Los Angeles and Long Beach are already seeing export declines, with a 10% cargo volume drop forecasted. This trend could impact 1.5...

Flash Update: Job Openings in Every State (April 2025 Release)

Apr 26, 2025 | Flash Updates, Job Opening

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...

Flash Update: Unemployment Rate in All 50 States (April 2025 Release)

Apr 26, 2025 | Flash Update - Employment, Flash Updates, Unemployment

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 every state. For questions about our data, or to request data, please contact [email protected]. Data is from the...

Flash Update: Case-Shiller Home Price Index in 20 Cities (April 2025 Release)

Apr 26, 2025 | Case Shiller Home Price Index, Featured - Local Economics, Flash Updates

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 is...

$22 Million in TIF Funding Sought for Two Affordable Housing Projects in Reno’s Neon Line

Apr 24, 2025 | Credits and Incentives, Finance - Incentives, TIFs

Jacobs Entertainment is seeking $22 million in tax increment financing to support two affordable housing developments as part of its $128 million Reno Neon Line expansion in Nevada. Of the TIF amount, $10 million would fund the redevelopment of the Bonanza Inn,...

Cleveland Public Market Secures $28M in Tax Credits for West Side Market Revamp

Apr 24, 2025 | Credits and Incentives, Finance - Incentives

Cleveland Public Market Corporation has secured a $28 million package of tax credits, the largest ever issued by Cleveland Development Advisors, that will be used for the $53 million first phase of the West Side Market’s $68 million transformation. The funding...

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