News & Analysis as of

Economic Development State and Local Government Real Estate Development

Cozen O'Connor

Broad Street Brief: HBSE, Comcast Acquire Market East Properties

Cozen O'Connor on

Mayor Parker Strikes Deal with DC 33 - Trash collectors and other frontline City workers will return to work after the Parker administration reached a deal with AFSCME District Council 33 early Wednesday morning. The...more

Cozen O'Connor

Broad Street Brief: Club World Cup Offers Preview of 2026

Cozen O'Connor on

City Invests in Certifying CTE Teachers- Philadelphia City Council allocated $500,000 to help Career and Technical Education (CTE) teachers cover certification costs, addressing a teacher shortage and supporting growing...more

Pullman & Comley, LLC

Brownfield Projects Receive a Critical Carve-Out from Connecticut’s Prevailing Wage Laws

Pullman & Comley, LLC on

A key amendment to the state’s prevailing wage laws was passed by the General Assembly last night (June 3) as part of the passage of the comprehensive State Budget Implementer Bill (Bill No. 7187). The amendment helps resolve...more

Herbert Smith Freehills Kramer

Rethinking real estate A US outlook - Our partners and key industry figures discuss what’s next for investment and development in...

Despite recent macroeconomic uncertainty, with regards to investment, development, and optimism for the future, New York City is in a stronger position than many seem to believe. This was the key takeaway from 'Rethinking...more

Farrell Fritz, P.C.

From Vacancy to Vibrancy: Empire State Development’s Vision for Long Island Housing

Farrell Fritz, P.C. on

On March 27, 2025, Empire State Development, New York State’s chief economic development agency, announced the launch of the Long Island Forward Housing Program (LIFHP), a $10 million initiative designed to promote and...more

Bricker Graydon LLP

New Community Authorities (NCAs) - An Economic Development Tool Most Ohio Communities Aren’t Using

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Local governments across Ohio are engaged in a competitive race to spur economic development, attract developers, and secure long-term prosperity.  And while most local governments are familiar with traditional economic...more

Bilzin Sumberg

Proposed Bill Would Impact Economic Development Efforts within CRAs

Bilzin Sumberg on

The Community Redevelopment Act of 1969 authorizes counties and municipalities to create CRAs as a means for redeveloping slums and blighted areas in the community. Once created, CRAs adopt a Community Redevelopment Plan...more

Bricker Graydon LLP

[Hybrid Event] Hot Topics for Ohio Political Subdivisions in 2025: Housing Development - April 2nd, Cleveland, OH

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Bricker Graydon is pleased to present a series of hybrid events covering hot topics impacting Ohio's political subdivisions throughout 2025. Join us in person in our Cleveland office or virtually via Zoom for the next event...more

Spilman Thomas & Battle, PLLC

The Rural Historic Tax Credit Improvement Act Will Expand Access To Smaller Projects | Spilman Thomas & Battle

Last week, U.S. Senators Shelley Moore Capito, R-West Virginia, and Mark Warner, D-Virginia, introduced S. 631, which focuses on rural historic tax credit (HTC) use and also includes transferability for small projects (those...more

Womble Bond Dickinson

Mastering Data Center Development: Insights from Whit McGreevy and Tara Gorman

Womble Bond Dickinson on

In this post, Womble Partners Whit McGreevy and Tara Gorman provide a high-level overview of potential economic incentives for data center development. They delve into the significance of economic development incentives and...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Brownfields Reauthorization Act of 2025: U.S. Senate Environment and Public Works Committee Passes Bill

Brownfields Reauthorization Act of 2025: U.S. Senate Environment and Public Works Committee Passes Bill - The United States Senate Environment and Public Works Committee (“Committee”) unanimously passed the Brownfields...more

Burr & Forman

New Federal Brownfields Legislation to Boost Economic Revitalization

Burr & Forman on

Senators Shelley Moore Capito (R-W.Va., Chair of the Senate Committee on Environment and Public Works, and Lisa Blunt Rochester (D-Del.) have reintroduced S. 347 as The Brownfields Reauthorization Act of 2025. According to an...more

Cozen O'Connor

Broad Street Brief: NE Philly Recovers From Shocking Plane Crash

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City Council to Consider Labor Law Enforcement, Lead Paint Disclosure Deadline Bills - During Thursday’s meeting, City Councilmember Kendra Brooks (At-Large) introduced legislation to enhance City enforcement of labor laws...more

Offit Kurman

Will 2025 Bring Greater Equity Investment and Debt Financing in NJ? NJ Aspire 3.0 aspires to do just that.

Offit Kurman on

On January 23, 2025, Governor Phil Murphy enacted significant amendments to the New Jersey Aspire Program by signing Senate Bill 1323/Assembly Bill 2076 into law. The amendments, collectively referred to as “NJ Aspire 3.0”...more

Cozen O'Connor

Cozen Cities - January 22, 2025

Cozen O'Connor on

CHICAGO — Data Shows City’s Labor Market Stabilizing - Federal Reserve Bank of Chicago President Austan Goolsbee said the latest jobs report suggests the labor market is stabilizing at full employment and is not a sign of an...more

Vorys, Sater, Seymour and Pease LLP

Attracting Aerospace: The Risks of a Property Tax-Heavy State Tax Structure

When examining the tax structures of business-aggressive states, a common pattern emerges: reduced income and franchise taxes offset by steeper sales and property taxes. While this approach may work for some industries, it...more

Bricker Graydon LLP

[Webinar] Blueprints for Growth: Key Trends and Strategies for Ohio Political Subdivisions in 2025 - January 15th, 10:00 am -...

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Dive into the essential issues shaping municipalities, villages, and local governments in 2025. Our experienced attorneys will present concise 15-minute sessions on key topics, including: 1. Introduction: Top 10 Things...more

Farrell Fritz, P.C.

Tax Incentives Aim to Drive Real Estate Development Forward

Farrell Fritz, P.C. on

It has long been an accepted reality that very little real estate development gets done in New York State without the help of a myriad of tax incentive packages handed out by state and local governments—and the entities that...more

Bilzin Sumberg

A Brief Introduction to Tax Increment Financing

Bilzin Sumberg on

Tax Increment Financing (TIF) is a financing tool used by local governments to fund economic development projects. In Florida, TIF is most commonly associated with Community Redevelopment Agencies (CRAs), which have statutory...more

Greenbaum, Rowe, Smith & Davis LLP

An Overview of Amendments to the New Jersey Aspire Program

What You Need to Know- •The New Jersey Aspire Program has been amended to incentivize developers seeking to close project financing gap costs associated with commercial, mixed use, and residential real estate development...more

Holland & Knight LLP

Anti-Housing CEQA Lawsuits Filed in 2020 Challenge Nearly 50% of California’s Annual Housing Production

Holland & Knight LLP on

Holland & Knight Partner Jennifer L. Hernandez, leader of the firm's West Coast Land Use and Environmental Group, recently authored an industry report for the Center for Jobs & The Economy, whose mission is to identify and...more

Pullman & Comley, LLC

Funding Opportunity Available Through the DECD Under the CT Communities Challenge Grant Program

Pullman & Comley, LLC on

The State of Connecticut’s Department of Economic and Community Development (“DECD”) is offering a competitive grant application process to fund multiple projects under the CT Communities Challenge Grant Program (the...more

Bilzin Sumberg

Rapid Transit Zones: Essential to the Future of Miami-Dade County’s Development

Bilzin Sumberg on

At this year’s virtual conference, Land Development & Government Relations partners Anthony De Yurre and Stanley B. Price hosted a fireside chat and discussed the history of Rapid Transit Zones in Miami-Dade County, the...more

Bricker Graydon LLP

Ohio returns to funding spec-based commercial & industrial development

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In 2020, Ohio’s development officials are again awarding grants to fund commercial and industrial development projects that don’t have known end users. JobsOhio is now in the midst of launching a $50 million per year grant...more

Bricker Graydon LLP

Calling all economic developers: Large TIFs may be eligible for a one-time extension opportunity

Bricker Graydon LLP on

In the fall of 2019, the Ohio General Assembly significantly changed state law governing tax increment financing (TIF) exemptions. For certain TIF projects, local communities can extend the exemptions – and, therefore,...more

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