The University of Arkansas at Fayetteville is planning a $100 million project to construct a new building for the expanding Sam M. Walton College of Business. Construction is expected to begin in 2027. The project will provide an additional 110,000 square feet of new space for the college, bordering the existing Walker Hall and Reynolds […]
The Massachusetts Institute of Technology (MIT) is rejecting a Trump Administration proposal to realign university priorities in exchange for preferential treatment for federal funding. MIT will become the first of nine schools that were sent the federal proposal to turn the offer down. MIT President Sally Kornbluth sent a letter Friday to the Education Department […]
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 […]