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…
76ers, Flyers To Build New Arena In South Philly, Ending Chance Of NJ Move 76ers, Flyers To Build New Arena In South Philly, Ending Chance Of NJ Move
76ers, Flyers To Build New Arena In South Philly, Ending Chance Of NJ Move After years of debating, two of Philadelphia's major sports teams will have a new arena not too far from their current home. The new arena for the Philadelphia 76ers and Flyers will be in the South Philadelphia Sports Complex, which is also where they currently play in the Wells Fargo Center. The state-of-the-art arena will be built in a partnership between Harris Blitzer Sports & Entertainment (HBSE) and Comcast Spectacor, the companies said in a news release on Monday. Jan. 13. The arena billed as "one of the finest, most technologically advanced, and sustainable" arena…
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
$4.7M Carteret Stages 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 …
New Details Released On $20M Upgrade For Atlantic City's Boardwalk New Details Released On $20M Upgrade For Atlantic City's Boardwalk
New Details Released On $20M Upgrade For Atlantic City's Boardwalk The most iconic part of Atlantic City is getting tens of millions of dollars in upgrades. But many millions more are needed to fully repair the Atlantic City Boardwalk. The city held a news conference on Tuesday, Mar. 12 to discuss the next steps in the major undertaking to fix up the boardwalk. Atlantic City and Asbury Park got the largest shares of the $100 million from the state's Boardwalk Preservation Fund. Each city will receive $20 million to make vital improvements to their boardwalks. The media event was also an opportunity to show off the work already being done on the boardwalk,…
Indoor Sports Complex Approved As Latest Addition To Cape May Airport Indoor Sports Complex Approved As Latest Addition To Cape May Airport
Indoor Sports Complex Approved As Latest Addition To Cape May Airport A large indoor sports complex is coming to Cape May County, featuring year-round space for sports like soccer and lacrosse. The commission for the Delaware River and Bay Authority (DRBA) unanimously approved a resolution to enter a lease agreement with Aviation Sports Complex LLC. The DRBA announced the agreement on Tuesday, Jan. 30.  The developer is planning to build an 80,000-square-foot domed facility at Cape May Airport. Aviation Sports will pay the DRBA an annual rent of $0.25 per square foot, which would be $20,000 per year. The Aviation Sports Complex at Cape May wil…
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…