Cities with vibrant cultural assets attract tourists, retail establishments, hotels, real estate developers, and appreciation from local citizens. Cultural facilities also boost a region’s economic engine. The 2002 redevelopment of Millennium Park in Chicago, for example, spurred $1.6 billion in revitalization nearby. Libraries, museums, multipurpose theaters, recreational venues, and civic centers also are key components […]
Jun 7th 2019 |
Posted in Verticalby Texas Government Insider
Officials at the City of Pearland are planning to build a new, freestanding Westside Library to open in late 2022 in a $60 million tax increment reinvestment zone (TIRZ) at Shadow Creek Parkway and Kirby Drive. The estimated $14.5 million branch library would be almost four times the size of the current library, which is […]
Alfred E. Alquist Building at San Jose State University
Student housing is a critical component when it comes to recruiting students and retaining them through graduation. Young men and women want to live in modern, purpose-built housing within walking distance of campuses. Some will settle for nothing less – and that is driving a tidal wave of demand for modern, appealing housing options on […]
Jun 5th 2019 |
Posted in Transportationby Government Contracting Pipeline
California – Design efforts are underway on the State Route 94/State Route 125 interchange project that is estimated to cost $105 million. Caltrans, the state’s transportation agency, is leading the project, and the San Diego Association of Governments (SANDAG) is pledging $16.24 million from its FY 2020 draft budget toward the 2-mile segment that will provide […]
Illustration of restored wetlands at FDR Park in Philadelphia
Economic development is the highest priority for a majority of America’s mayors. And, within that category, parks and recreation is the No. 1 redevelopment priority throughout the country. There are several reasons, not the least of which is the fact that parks generate an incredible amount of revenue for cities. One source reports that more […]
The Texas Legislature passed a $250.7 billion budget on May 26 and approved several key bills highlighted by property tax relief and school finance reform. Lawmakers set a 3.5 percent cap on local government property tax hikes and a 2.5 percent limit on school district property tax increases. Only by voter permission can those governments […]
According to the American Society of Civil Engineers, America’s schools are in dire need of attention. That’s obviously a significant understatement because the report explains that the needs of K-12, the U.S.’ second-largest infrastructure sector, will exceed approximately $870 billion between now and the next several years. Of this amount, $490 billion in funding has […]
May 29th 2019 |
Posted in Transportationby Government Contracting Pipeline
Colorado – The Southwest Chief & Front Range Passenger Rail Commission and the Colorado Department of Transportation (CDOT) have set course on a request for proposals (RFP) this summer for a feasibility study on a proposed 173-mile passenger rail system linking Pueblo, Colorado Springs, and Fort Collins to Denver. Through this study, the Passenger Rail Commission […]
The former site of the Carousel Mall in San Bernadino, California, is set for redevelopment into a mixed-use center including new housing options.
There are often dire predictions about the U.S. housing marketplace. Experts in the commercial sector worry about interest rates, construction labor shortages, and declining demand. In the government housing marketplace, however, the concerns all center on the great demand for affordable housing, student housing on college and university campuses, and homeless shelters and public housing […]
May 24th 2019 |
Posted in Verticalby Government Contracting Pipeline
Momentum is building for a proposed expansion of the Austin Convention Center with a unanimous vote by the City Council for a $1.2 billion plan on May 23. Council members authorized city staff members to research financing for the expansion as the next step in the process. The council’s vote represents a recent shift in support […]
Texas Government Insider & Government Contracting Pipeline
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