Economic Development

Pro teams aim to score nicer stadiums—and maybe more—from the public

Sports teams are asking for millions of dollars in public subsidies to build or refurbish their stadiums, and many want to create nearby fan districts to boost their bottom lines too.

Is the deal with the NBA Milwaukee Bucks a model for city development projects?

The community benefits agreement that the Bucks owners signed for $250 million in state aid to build the Fiserv Forum included provisions allowing arena workers to freely unionize. It has turned their low-wage, insecure work into sustainable jobs, according to a new report.

AI tools lack ‘expertise’ for site selection

A recent study found that generative AI doesn't produce the same results as humans when helping businesses pick a city or state for a new factory or headquarters. It also doesn't explain how it makes its choices—a troubling finding, researchers say.

Downtowns need a makeover. Resident, commercial engagement could help.

Cities are finding ways to attract residents and tourists back downtown, building small business support, community spirit and a local identity.

Corporate tax breaks are costing schools billions

A three-month investigation by The Conversation finds that tax abatements are coming at the expense of critical funding for school districts. But not all schools in a community are sharing the cash drain equally.

What makes a top performing city?

The tech and hospitality industries drive sustainable economic performance, but broadband access, affordability and resilience also play key roles, according to the Milken Institute.

Rural counties dependent on recreation industry show best recovery from pandemic employment loss

Rural recreation counties added to their pre-pandemic employment numbers, but other rural economies struggled to recover.

A huge EV factory is coming to west Tennessee. Here’s how locals are ensuring they benefit.

Communities are using an organizing tool intended for sports stadiums to bargain with energy transition projects for labor standards and affordable housing.

California wins big as Biden administration doubles down on high-speed rail

The Golden State will benefit from $6 billion in new grants to provide connections in the Central Valley and between the Los Angeles suburbs and Las Vegas. An East Coast route is getting big money too.

State workers fear federal grants won’t reach many disadvantaged communities

Amid historic federal investment in climate and environmental initiatives, employees tasked with distributing federal grants say they are overwhelmed and don’t have the bandwidth to ensure underresourced communities get the help they need.

Former coal towns get money for clean energy projects

Coal, oil and gas communities are receiving an amount of investment that is far above their share of the population.

A solution for dying downtowns is popping up in major cities

As business districts look for ways to revive economies weakened by long-gone office workers, cities are testing pop-up shops to reduce vacant retail space and give small business owners a launch platform.

Democrats face a balancing act in advancing clean energy initiatives

Despite some skepticism, auto unions recently approved new labor agreements that invest big in the nation’s transition to clean energy. Three Democratic governors are calling it a win. Plus, more news to use from around the country in this week's State and Local Roundup.

What’s driving post-pandemic downtown recoveries?

Data shows that many of the country’s largest downtowns have more residents now than before the pandemic, but residents alone can’t revitalize downtowns.

How one innovation hub plans to diversify the tech industry

Colorado’s quantum innovation hub consortium will ensure minorities and workers in rural and low-income areas get a fair share of the millions of jobs they believe the hub will create.

31 communities tapped as innovation hub finalists

The Biden administration expects the innovation hubs to spur scientific and technological innovation in communities across the country, including small and rural areas and those with historically underserved populations.

Recharging the Rust Belt through climate innovation

The cross-sector Chicagoland Climate Investment Alliance aims to transform the Midwest into a leading hub for climate technologies, economic development and investment.

If jobs won’t bring people downtown to work, what will?

The economies of six big cities took a hit as workers went remote or moved to areas with lower costs of living. But by focusing on downtown housing and leaning into already strong local industries, municipal leaders may be able to reverse the trend.

CHIPS Act implementation at risk as November shutdown looms

The shutdown would be “massively disruptive” for ongoing efforts to boost semiconductor manufacturing in the U.S., Commerce Secretary Gina Raimondo said Wednesday.

Do opportunity zones work?

The jury is still out. But recent research has provided new insights into the tax incentive meant to lure investment to distressed areas.