Tag:

Economic Development

Welcome Home: Commanders Drop Jaw-Dropping First Renderings Of $3.7B Stadium At RFK Site Welcome Home: Commanders Drop Jaw-Dropping First Renderings Of $3.7B Stadium At RFK Site
Welcome Home: Commanders Drop Jaw-Dropping First Renderings Of $3.7B Stadium At RFK Site The Washington Commanders just gave fans their first real look at the future, and it’s a moonshot aimed straight at the heart of the District. The team and global design firm HKS unveiled the first conceptual renderings of a massive, $3.7 billion, roofed, next-generation stadium planned for the former RFK Stadium site, authorities announced. If built as envisioned, the stadium would seat more than 70,000 fans, host year-round events, and anchor a sweeping redevelopment of the RFK campus, turning one of the city’s most historic sports sites into a modern football-forward destination. …
Washington Commanders’ $3.8B RFK Stadium Deal Approved: 'Today Is A Historic Day' Washington Commanders’ $3.8B RFK Stadium Deal Approved: 'Today Is A Historic Day'
Washington Commanders’ $3.8B RFK Stadium Deal Approved: 'Today Is A Historic Day' The Washington Commanders are officially coming home. The DC City Council voted 11-2 late on Wednesday, Sept. 17 to give the final approval for a $3.8 billion project to build a 65,000-seat stadium at the old RFK Stadium site. The plan also calls for a mixed-use development project in the surrounding neighborhoods, as well as affordable housing in the area. "Today is a historic day for DC, the Commanders organization, and our fans," Commanders owner Josh Harris said in a statement. "With the Council's approval, we can now move forward on the transformative RFK project that will bring lasti…
300+ Workers Returning To South Korea After Historic Hyundai Immigration Raid 300+ Workers Returning To South Korea After Historic Hyundai Immigration Raid
300+ Workers Returning To South Korea After Historic Hyundai Immigration Raid More than 300 South Korean workers detained during a massive immigration raid at a Hyundai battery plant will be released and returned home, officials said. South Korea finalized negotiations with the US on the workers' release, according to Kang Hoon-sik, chief of staff for President Lee Jae Myung. A charter plane will return the detainees to South Korea once the remaining administrative steps are completed, the Associated Press reported. The Korean nationals were among more than 475 people arrested at the construction site for a Hyundai-LG Energy Solution battery facility o…
Hundreds Arrested In Immigration Raid At Hyundai Facility In Georgia Hundreds Arrested In Immigration Raid At Hyundai Facility In Georgia
Hundreds Arrested In Immigration Raid At Hyundai Facility In Georgia South Korea and immigrant rights advocates are criticizing the Trump administration after federal agents arrested nearly 500 workers at Hyundai's $4.3 billion battery plant in Georgia. The raid happened at the HL-GA Battery Company facility in Ellabell, a community about 30 miles west of Savannah, on Thursday, Sept. 4. The US Attorney's Office for the Southern District of Georgia announced the operation in a news release on Friday, Sept. 5. More than 400 agents, led by Homeland Security Investigations, raided the 3,000-acre site, halting construction on a facil…
Who Is Alexis Lewis? Cory Booker Engaged To Exec, Dead Ringer For Actress Ex-GF Who Is Alexis Lewis? Cory Booker Engaged To Exec, Dead Ringer For Actress Ex-GF
Who Is Alexis Lewis? Cory Booker Engaged To Exec, Dead Ringer For Actress Ex-GF U.S. Sen. Cory Booker is off the market. The New Jersey Democrat, 56, who grew up in Harrington Park, announced on social media Tuesday, Sept. 2, that he’s engaged to Alexis Lewis, vice president of investments at the real estate firm Brasa Capital Management. Cory Booker and Alexis Lewis Cory Booker Facebook “She has transformed me, helping me to ground and center my inner life, and discover the joys of building a nurturing home with someone you love,” Booker wrote in a series of photos showing the two in Hawaii, where the Dem got down on one knee and popped the question. “I’m thr…
Washington Commanders Returning To DC: See What $2.7B Stadium Will Look Like Washington Commanders Returning To DC: See What $2.7B Stadium Will Look Like
Washington Commanders Returning To DC: See What $2.7B Stadium Will Look Like The Washington Commanders will build a new stadium in a major redevelopment on the site of the NFL team's former home for decades. The Commanders officially announced plans for a $2.7 billion domed stadium at the former site of Robert F. Kennedy Memorial Stadium on Monday, April 28. The move means all of DC's major sports teams will have their home venues within the borders of the nation's capital. The new stadium is expected to open in 2030 and will occupy just 11% of the 180-acre site, leaving room for housing, green space, hotels, and retail. "We are thrilled to welcome the Command…
Education Pays: Northeast States Among Nation's Best In School Quality, College Attainment Education Pays: Northeast States Among Nation's Best In School Quality, College Attainment
Education Pays: Northeast States Among Nation's Best In School Quality, College Attainment Several Northeast states are among the most educated in the US, excelling in school quality, college attainment, and overall academic achievement, a new study said. Massachusetts was ranked as the country's most-educated state, according to a WalletHub study released on Monday, Feb. 10. Maryland was second, followed by Vermont, Colorado, and Connecticut in the top five. The study analyzed all 50 states using 18 factors, including educational attainment, quality, and achievement gaps. "There's a strong correlation between being more educated and receiving higher compensation," said Wal…
Here's Why Lamont Will Be Spending A Week In Israel Here's Why Lamont Will Be Spending A Week In Israel
Here's Why Lamont Will Be Spending A Week In Israel Connecticut Gov. Ned Lamont will be traveling overseas to Isreal to lead an economic development mission. The Democratic governor announced this week that he will be part of a convoy heading to Israel, where he intends to promote Connecticut as a promising place for start-up companies and to strengthen relations overseas. 
“Part of growing Connecticut’s innovation ecosystem includes adding diverse businesses from all around the world,” Lamont said in a statement. “This is an opportunity for Connecticut to strengthen its ties with Israel and provide these innovative companies with an option …
Details Emerge On State's Deal With Indian Tribes For Sports Betting Details Emerge On State's Deal With Indian Tribes For Sports Betting
Details Emerge On State's Deal With Indian Tribes For Sports Betting Gov. Ned Lamont and Connecticut’s two federally-recognized Native American tribes have reached an agreement on sports betting and online gambling. Lamont announced on Thursday, March 18 that the Mohegan Tribe, and Mashantucket Pequot Tribe have reached an agreement that “will allow the State of Connecticut to modernize gaming options available to state residents.” The agreement is expected to generate tens of millions of dollars for the state, while “keeping Connecticut competitive with gaming currently being offered or considered in neighboring states.” As part of the agreement, the Con…
Amazon To Open Distribution Center In Danbury Amazon To Open Distribution Center In Danbury
Amazon To Open Distribution Center In Danbury Three years after a video pitch for Amazon to move to an area city went viral, the mega-company has announced it's taking the bait. The big news, announced Wednesday, June 10, is that Amazon will be coming to Fairfield County when the company repurposes the former Scholastic Corporation on Old Sherman Turnpike in Danbury into a distribution facility. Three years ago, Danbury Mayor Mark Boughton worked hard on a video to entice the company to move to Danbury. It might have taken a while, but the effort paid off.  “We are so excited to bring Amazon here to the City of Danbury,…
COVID-19: NY, NJ, CT Join New Multi-State Consortium For Medical Supplies COVID-19: NY, NJ, CT Join New Multi-State Consortium For Medical Supplies
Covid-19: NY, NJ, CT Join New Multi-State Consortium For Medical Supplies On Day 64 of the novel coronavirus (COVID-19) pandemic, the governors of New York, New Jersey and Connecticut announced the formation of a joint seven-state agreement to develop a regional supply chain for personal protective equipment, other medical equipment and testing. Other states involved in the initiative are Massachusetts, Pennsylvania, Delaware and Rhode Island. While the states will continue to partner with the federal government during the crisis, they will also work together to identify the entire region's needs for these products, aggregate demand among the states, reduce costs…