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Making Headlines in Government Markets This Week
Wauwatosa plans $34M in financing for 175-acre office park redevelopment
The city of Wauwatosa, Wisconsin, is looking to incentivize a massive transformation of Milwaukee County Research Park into a mixed-use hub through the $34.2 million Tax Incremental District (TID) No. 16. The construction timeline has not yet been released. The city...
Myrtle Beach to fund new fire station using tourism revenue bonds
Myrtle Beach officials in South Carolina are moving forward with plans to build a new central fire station, with an estimated cost of $26 million to replace the city’s aging Fire Station No. 1. The Myrtle Beach City Council approved a financing plan that will enable...
Wisconsin announces $484M for water infrastructure projects
Wisconsin Gov. Tony Evers, along with the Wisconsin Department of Natural Resources (DNR), on Jan. 8 announced a new round of funding through the state’s Clean Water Fund Program (CWFP), totaling $484 million. The funds are designed to improve stormwater and...
NCDOT invests $105M to replace three aging Wrightsville Beach bridges
The North Carolina Department of Transportation (NCDOT) will spend $105 million to replace three bridges in Wrightsville Beach. The department expects to kick off construction in Spring 2028. Following multiple inspections, NCDOT has determined that all three...
University of Michigan to build $40M academic teaching facility at Flint campus
The University of Michigan at Flint (UM-Flint) will spend $40 million to complete the second phase of the College of Innovation and Technology Building project. Currently in the design phase, construction is slated to begin in September. The project will finish work...
Lafayette Parish launches capital overhaul with new hub for $186M in upcoming projects
Lafayette Parish in Louisiana has completely reworked its approach to critical infrastructure projects after establishing a Capital Improvements Department (CID) and launching an online interactive map tracking $186 million in upcoming capital projects. The...
Oregon, Washington’s interstate bridge project unveils $13.6B price tag
The Interstate Bridge Replacement (IBR) Program – a landmark project to replace an aging, critical connection point along Interstate 5 between Oregon and Washington – has revealed a preliminary $13.6 billion price tag. The cost represents a huge jump from the...