There are several types of bond options that government officials can use to secure funding for major capital projects. Each of the different options balance repayment security, funding sources, and investor risk. It’s important to understand the different types of bonds because the funding they generate each year supports thousands of new projects that require […]
The Port of Los Angeles has issued a Request for Proposal (RFP) seeking interested parties for the pre-development of a new terminal. The proposed Pier 500 Marine Container Terminal Project is expected to increase the port’s cargo handling capacity, create jobs and improve the port’s sustainability, according to port officials. The selected entity would enter […]
The Economic Development Administration has posted a Notice of Funding Opportunity (NOFO) for the fiscal year 2025 Regional Technology and Innovation Hub Program for top tech hubs around the nation. The $220 million will be used to strengthen U.S. economic competitiveness and national security through regional investments aimed at creating globally competitive technology industries within […]
The Kansas Board of Regents has approved a new Campus Master Plan that outlines Kansas State University’s roadmap for campus improvements over the next several years. The plan provides a look at future improvements to enhance infrastructure, foster research and boost enrollment at the Manhattan, Salina and Olathe campuses. It will be refined and presented […]
Denver’s downtown revitalization efforts are accelerating following the city’s $37 million acquisition of the Denver Entertainment and Fashion Pavilions (Denver Pavilions). The Denver Downtown Development Authority (DDDA) approved the $37 million purchase in late September, allocating up to $8 million for initial improvements and pre-development work. The acquisition was financed through local tax increment financing […]
Chicago is calling on developers to submit redevelopment proposals by Jan. 5, 2026, to help transform up to 486 vacant city-owned properties into middle-income housing and neighborhood revitalization projects, as part of the city’s latest “Missing Middle” infill strategy. Officials with the Department of Planning and Development (DPD) said the sites represent prime opportunities to […]
The Colorado Office of Economic Development and International Trade (OEDIT) released the state’s first Comprehensive Economic Development Strategy (CEDS) on Sept. 29. The five-year plan was developed in accordance with U.S. Economic Development Administration (EDA) guidelines, making it easier for regions to apply for EDA grants. The plan incorporates CEDSs from 16 regions across the […]