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…
NJ's Education System Ranks Among Nation's Best In New Study: Find Out Why NJ's Education System Ranks Among Nation's Best In New Study: Find Out Why
NJ's Education System Ranks Among Nation's Best In New Study: Find Out Why 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…
Newark Airport Reimagined: Plans To Transform NJ Airport Into World-Class Gateway Revealed Newark Airport Reimagined: Plans To Transform NJ Airport Into World-Class Gateway Revealed
Newark Airport Reimagined: Plans To Transform NJ Airport Into World-Class Gateway Revealed It's Newark Airport like you've never seen it before. The Port Authority of New York and New Jersey has revealed plans to upgrade the airport with hopes of transforming it into a "world-class getaway" with modernized terminals.  It's called the EWR Development Plan, and it calls for a complete upgrade of Terminal B to match the newly renovated Terminal A, an overhaul of the outdated roadway network, and a redesign of the delay-prone aircraft taxiway network. The Port Authority expects to begin a two- to three-year planning process in 2025 for major elements of the redevelopment, …
Long-Vacant North Jersey Movie Theater Finally Getting Its Happily Ever-After Long-Vacant North Jersey Movie Theater Finally Getting Its Happily Ever-After
Long-Vacant North Jersey Movie Theater Finally Getting Its Happily Ever-After After several years of vacancy, a Montclair movie theater will soon be brought back to life. The Tudor-style Bellevue Theater in Upper Montclair has sat vacant since the prior operator's lease ended 2017, but at a meeting on Monday, June 10, redevelopment plans were unanimously approved. Bellevue Theater in Montclair. Google Maps The plans call for transitioning one of the four theaters into retail, there by connecting Upper Montclair Plaza to the retail of Bellevue, "a great win for all," said a spokesperson for RHG Architects + Design, who are working on the project. The…
Former Site Of Hackensack YMCA Approved For 'Landmark Project' Former Site Of Hackensack YMCA Approved For 'Landmark Project'
Former Site Of Hackensack YMCA Approved For 'Landmark Project' The revitalization of Hackensack's downtown continues — with the approval of a high-end apartment building approved at the site of the shuttered Hackensack YMCA. The City Planning Board approved a 254-unit high-end residential building with a 6,000 square foot public plaza at 360 Main Street, officials announced on Wednesday, May 15. The building has been vacant since the YMCA closed in 2022 after 90 years. Once fully leased, the "landmark project" is expected to generate more than $1 million in annual tax revenue on a formerly tax-exempt site, while creating an estimated 1,000 constr…
Film Studio Part Of $1 Billion NJ Waterfront Project Will Be Funded By $4.7M Grant Film Studio Part Of $1 Billion NJ Waterfront Project Will Be Funded By $4.7M Grant
Film Studio Part Of $1 Billion NJ Waterfront Project Will Be Funded By $4.7M Grant A movie production studio in Carteret got a financial boost from New Jersey through a $4.7 million state grant. It's part of a $1 billion, 10-acre redevelopment project, according to Carteret Mayor Daniel J. Reiman. The project includes a 1.2 million-square-foot movie production studio complex called "Carteret Stages." Five grants totaling $9.5 million were awarded throughout the state as part of the New Jersey Economic Development Authority's Film and Digital Media Studio Infrastructure Program. Nearly half of the state funds went to Carteret to build public access to a former brownfield …
NJ Birthplace Of Moving Motion Picture Now Has Museum, Screening Facility NJ Birthplace Of Moving Motion Picture Now Has Museum, Screening Facility
NJ Birthplace Of Moving Motion Picture Now Has Museum, Screening Facility Hollywood isn't where the motion picture industry got its start — that would be Fort Lee. And the borough finally has the Barrymore Film Center & Museum to honor that. The newly-built facility will open Friday, Oct. 21, marking the beginning of unique film programming in the region. It features a 260-seat cinema, film museum and archive — dedicated to the role Fort Lee played as the birthplace of the film industry. Fort Lee Mayor Mark Sokolich spearheaded efforts to build the BFC and ensure its success as a film center and museum, but also an economic boost for the region. C…
Lionsgate Production Studio Expected To Bring 600 Jobs To NJ's Largest City Lionsgate Production Studio Expected To Bring 600 Jobs To NJ's Largest City
Lionsgate Production Studio Expected To Bring 600 Jobs To NJ's Largest City The largest city in New Jersey is about to get some major movie attention and it's going to need a big crew to keep it afloat.  Newark Mayor Ras J. Baraka and Governor Phil Murphy recently announced that Lionsgate will be opening a brand new 12-acre TV and film complex in Newark, worth more than $125 million. The facility will be the first "purpose-built studio" in New Jersey to cater specifically for TV and film production, according to a release from Mayor Baraka. The studio is also expected to create more than 600 new jobs with priority going to Newark residents.  “Bringing a project o…
Legalize It? NJ Pot Supporters First Need To Know Where To Find It On Ballot, Advocates Say Legalize It? NJ Pot Supporters First Need To Know Where To Find It On Ballot, Advocates Say
Legalize It? NJ Pot Supporters First Need To Know Where To Find It On Ballot, Advocates Say Polls show most New Jerseyans want marijuana legalized, but what Garden State voters may not know is that the question is on the back of the election ballot. A recent survey by the Stockton University Polling Institute found 66% of New Jersey respondents favoring legalized leaf. Separate polls have gotten 65% and 61% thumbs up, respectively. But those are polls, not elections. The difference: Referendum questions always go at the end of ballots, which usually leads to slimmer margins than polls. This year, the cannabis legalization question is on the back of the ballot. It’s left some a…
LEGALIZE IT? NJ Pot Supporters Need To Know Where To Find It On Ballot, Advocates Warn LEGALIZE IT? NJ Pot Supporters Need To Know Where To Find It On Ballot, Advocates Warn
Legalize IT? NJ Pot Supporters Need To Know Where To Find It On Ballot, Advocates Warn Polls show most New Jerseyans want marijuana legalized, but what Garden State voters may not know, advocates say, is that the question is on the back of the election ballot. A recent survey by the Stockton University Polling Institute found 66% of New Jersey respondents favoring legalized herb. Separate polls have gotten 65% and 61% thumbs up, respectively. But those are polls, not elections. The difference: Referendum questions always go at the end of ballots, which usually leads to slimmer margins than polls. This year, the cannabis legalization question is on the back of the ballot. …
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon has revealed the number of jobs it expects to add and the average annual salary at its new second headquarters after announcing 20 finalists, including New York City, for the new location late last month.Amazon said it expects to invest more than $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs with an average salary of $100,000. Seattle-based Amazon did not disclose how it determined the finalists after receiving nearly 300 applications from localities.  The winner will be selected later this year. No specific month for that …
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon has revealed the number of jobs it expects to add and the average annual salary at its new second headquarters after announcing 20 finalists, including New York City, for the new location Thursday morning.Amazon said it expects to invest more than $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs with an average salary of $100,000. Seattle-based Amazon did not disclose how it determined the finalists after receiving nearly 300 applications from localities.  The winner will be selected later this year. No specific month for that…
Amazon Names 20 HQ2 Finalists Amazon Names 20 HQ2 Finalists
Amazon Names 20 HQ2 Finalists Amazon announced 20 finalists for its second headquarters on Thursday morning, with nearly all big U.S. cities, including New York.Seattle-based Amazon did not disclose how it determined the finalists after receiving nearly 300 applications from localities.  The winner will be selected later this year. No specific month for that selection was announced. Amazon said it expects to invest more than $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs with an average salary of $100,000. Here are the 20 locations chosen by Amazon as the HQ2 …