MP Materials Selects AllianceTexas for $1.3B Rare Earth Magnet Manufacturing Site

Abby Cox — Fri, 27 Feb 2026 12:45:00 +0000

NORTHLAKE, TEXAS — MP Materials (NYSE: MP), the leading American producer of rare earth materials and permanent magnets, has selected Northlake for its new $1.3 billion rare earth magnet manufacturing campus. CBRE arranged the sale of the site, which is situated within the 27,000-acre AllianceTexas master-planned development in the Dallas-Fort Worth metroplex, on behalf of the developer, Hillwood. The new site, dubbed “10X,” is expected to serve as the center of the United States’ rare earth magnet supply chain. It is located less than 10 miles from MP’s existing “Independence” facility in Fort Worth, which began commercial production in 2025 as a 250,000-square-foot downstream center for rare earth metal, alloy and magnet production. 10X is the result of MP Materials’ previously announced public-private partnership with the U.S. Department of War (DoW), which was established in July 2025 to accelerate U.S. rare earth magnet independence, according to the company’s press release. The DoW holds a 15 percent stake in the company. “10X is about building industrial strength at a scale the United States has not seen in generations, and the exceptional talent and infrastructure in North Texas make it possible,” says James Litinsky, founder, chairman and CEO of MP Materials. “We are advancing key objectives…

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New York Life Taps Jamestown to Pursue NHL Stadium for North Point Mall Redevelopment in Metro Atlanta

Hayden Spiess — Thu, 26 Feb 2026 17:41:47 +0000

ALPHARETTA, GA. — New York Life Insurance Co. is underway on plans to redevelop North Point Mall in Alpharetta, a suburb roughly 30 miles north of Atlanta. Jamestown has been tapped by New York Life to pursue the redevelopment entitlements for the development. The Atlanta-based firm, which manages the nearby Avalon mixed-use development following its acquisition of the Atlanta-based holdings and listings of North American Properties in 2024, will also oversee property management for North Point Mall effective March 1. Plans for the project include transforming the mall into a sports-anchored, mixed-use entertainment district. The redevelopment will position the 100-acre property to potentially host a National Hockey League (NHL) franchise expansion into the Atlanta metro area. “We think this is a great location for an NHL team and, hopefully, our efforts will attract an owner who wants to acquire an expansion team and bring hockey back to Atlanta,” says Tim Perry, chief investment officer at Jamestown. “The site is well-positioned for redevelopment and to accommodate event and game day traffic associated with an NHL hockey arena.” Machete Group, a Houston-based advisory firm specializing in developing and operating sports venues, will partner with Jamestown to guide the redevelopment. “We’re looking forward to…

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American Express to Build 2 MSF Global Headquarters at 2 World Trade Center in Lower Manhattan

Kristin Harlow — Wed, 25 Feb 2026 13:00:00 +0000

NEW YORK CITY — American Express (NYSE: AXP) has unveiled plans to build a new global headquarters at 2 World Trade Center in Lower Manhattan. The credit card giant will be the sole owner and occupant of the new building, which is slated for completion in 2031. Spanning nearly 2 million square feet across 55 floors, the tower will have capacity to host up to 10,000 colleagues across flexible and modern workspaces. The project will feature more than an acre of outdoor space with several greenery-filled terraces and gardens that will offer views of the Manhattan skyline. “This is an investment in our company’s future, our colleagues and the Lower Manhattan community, reaffirming our deep commitment to the neighborhood we’ve called home for nearly two centuries,” says Stephen Squeri, chairman and CEO of American Express. Silverstein Properties is the developer, and Foster + Partners is the design architect. Fried Frank advised American Express on the development agreement. The project team is pursuing LEED certification and integrating smart-building technology and fully electric, energy-efficient mechanical systems. Located at 200 Greenwich St., the building will be developed on land owned by The Port Authority of New York and New Jersey (PANYNJ) under a…

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Affinius Capital-Led Consortium Agrees to Acquire Veris Residential in $3.4B Go-Private Deal

John Nelson — Tue, 24 Feb 2026 12:59:00 +0000

JERSEY CITY, N.J. — An investor consortium led by Affinius Capital has entered into a definitive merger agreement to acquire Veris Residential Inc. (NYSE: VRE), a multifamily real estate investment trust (REIT) based in Jersey City. As of Dec. 31, 2025, the company’s portfolio spanned more than 6,500 units in the Northeast, as well as $35 million in land bank holdings. Under the terms of the agreement, the consortium, which also includes Vista Hill Partners, will purchase Veris in an all-cash transaction for $19 per share of the REIT’s common stock, with represents an implied enterprise value of $3.4 billion. As a result of the transaction, Veris will no longer be publicly traded on the New York Stock Exchange. Mahbod Nia, CEO of Veris, says the merger represents the culmination of a multi-year transformation of the company that began in 2020, when the firm, then known as Mack-Cali Realty Corp., established its ESG committee. “Over the past five years, we have undertaken meaningful steps to pivot away from office, simplifying and focusing the business, strengthening our balance sheet and enhancing our operational platform,” says Nia. The transaction price reflects a 23.2 percent premium to Veris’ unaffected closing share price on Wednesday,…

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Stream Realty Sells Two Industrial Buildings Totaling 1.6 MSF in Metro Houston to BGO

Taylor Williams — Mon, 23 Feb 2026 12:48:00 +0000

BROOKSHIRE, TEXAS — Stream Realty Partners has sold two industrial buildings totaling approximately 1.6 million square feet in Brookshire, a western suburb of Houston, to institutional investment firm BGO (formerly known as BentallGreenOak). The sales price was not disclosed. The structures are Buildings 9 and 10 within Empire West, a 10-building, 3.9 million-square-foot development that was completed in phases over the past six years. Both buildings were fully leased to Tesla at the time of sale. Construction of Phase I of Empire West began in summer 2020 and comprised three buildings totaling roughly 1 million square feet. The second phase was completed in fall 2022 and totaled another 2.3 million square feet across six buildings. Other tenants at Empire West, which also features a 16.6-acre outdoor storage yard, include Professional Packaging, H-E-B, Ferguson Enterprises, Pointsmith Point-of-Purchase Management Services and Cotton Commercial USA. Seth Koschak, Matteson Hamilton, Justin Robinson, Mustafa Ali and Adam Jackson of Stream Realty Partners coordinated with Eastdil Secured to broker the deal. Earlier this year, Stream sold Buildings 1, 3 and 8 within Empire West, which collectively total approximately 1 million square feet, to Kansas City-based investment firm NorthPoint Development. That sale included the aforementioned outdoor storage…

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Cushman & Wakefield Arranges Sale of 1.6 MSF National Industrial Portfolio

Abby Cox — Fri, 20 Feb 2026 12:45:00 +0000

DALLAS — Cushman & Wakefield has arranged the sale of a national portfolio of seven industrial buildings totaling 1.6 million square feet. The buildings are located across Texas, California, Utah and Tennessee. An unnamed institutional owner purchased the portfolio. The seller and sales price were also not disclosed. Properties in the recently acquired industrial portfolio include Valwood A (201,354 square feet), Valwood C (134,266 square feet) and Valwood D (127,620 square feet) in Carrollton, Texas (part of the Dallas MSA); Chino Distribution Center (409,930 square feet) in Chino, Calif.; Salt Lake Distribution Center I (190,000 square feet) and Salt Lake Distribution Center II (190,000 square feet) in Salt Lake City; and Elam Farms Distribution Center II (363,500 square feet) in Murfreesboro, Tenn. The buildings were constructed in the mid-2000s and were collectively 97 percent leased at the time of sale to a mix of national and regional tenants. The properties feature ESFR fire sprinkler systems, average clear heights of 30 feet, expansive truck courts, concrete tilt-up construction and ample parking. The national industrial advisory group at Cushman & Wakefield that arranged the sale consisted of Jim Carpenter, Adam Pastor, Robby Rieke, Emily Brandt, Jeff Chiate and Casey Masters. “This transaction vividly…

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CP Group to Open Repositioned, 1.2 MSF Former CNN Center in Atlanta

Hayden Spiess — Thu, 19 Feb 2026 12:49:00 +0000

ATLANTA — Commercial real estate firm CP Group has announced plans to reopen the 1.2 million-square-foot former CNN Center in downtown Atlanta this year. CP Group has repositioned the property as The Center (CTR), which is projected to open in May. The firm acquired the building from AT&T in 2021 and first announced the rebranding in 2024. CNN began moving back to its Turner Techwood campus in Midtown Atlanta in 2023. Changes at the development include a new, 12-concept dining space, dubbed CTR Food Works. Situated in the central atrium, the 24,000-square-foot CTR Food Works will be operated under Gansevoort Cos. and led by Robert Montwaid, who created Chattahoochee Food Works in Atlanta and Gansevoort Market in New York. Confirmed food-and-beverage concepts include La Tropical, Fuzzy’s, Patty & Frank’s, Mimi Taqueria, Flora D’Italia, Dessert Box and a full-service CTR bar. The restaurants and bar are expected to open in time for the FIFA World Cup, of which Atlanta is a host city. Restaurant anchor Mastro’s Ocean Club has also signed a lease at the property and will occupy an 8,200-square-foot, ground-floor space. Hines is representing CP Group in all retail leasing transactions and is advising on redevelopment strategy at the…

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El-Ad National Properties Tops Off $1B District in Davie Mixed-Use Project Near Miami

Kristin Harlow — Wed, 18 Feb 2026 13:00:00 +0000

DAVIE, FLA. — El-Ad National Properties has topped off construction of The District in Davie, a $1 billion mixed-use project located about 24 miles north of Miami. The topping off marks the structural completion of Phase I, including the entry promenade and service access roadways, of the 2.8 million-square-foot development. Phase I is anticipated for completion in early 2027. When fully built out across three phases, The District in Davie will feature five residential towers ranging from 21 to 24 stories with 1,292 rental units, 36,000 square feet of restaurant and retail space and 1.1 million square feet of access-controlled parking with 2,650 spaces. Each tower will offer studio, one-, two- and three-bedroom units that will range in size from 589 to 1,460 square feet. Residences will feature high-speed internet, smart thermostats and keyless entry, as well as private terraces on each floor. Amenities will include rooftop pools, coworking spaces, pet parks, children’s play suites, 24-hour fitness and spa treatment rooms, outdoor kitchens, game lounges and a reservable sky lounge for indoor and outdoor entertaining. Atlanta-based architecture firm Cooper Carry is designing the project. Promethean Builders LLC is serving as general contractor. Situated in central Broward County, Davie is one…

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Merus Acquires RiverGate Mall in Metro Nashville, Plans $450M Mixed-Use Redevelopment

John Nelson — Tue, 17 Feb 2026 12:55:00 +0000

GOODLETTSVILLE, TENN. — Merus, a design-build firm that was formerly known as Al. Neyer, has purchased RiverGate Mall, an enclosed shopping mall located at 1000 Rivergate Parkway in Goodlettsville that opened in 1971. The Cincinnati-based firm is planning to transform the 57-acre site on the northern outskirts of Nashville into a $450 million mixed-use district. Merus plans to demolish the mall this spring. In its place, the firm will develop 700 multifamily units, 100 townhomes, 80 independent seniors housing units, more than 130,000 square feet of retail and dining space and a center green and plaza for community programming. “Stepping into a site like this comes with a responsibility — not just to redevelop it, but to do it right,” says Patrick Poole, senior vice president and Nashville market leader for Merus. “Our focus is taking a property designed for a different era and reimagining it as a walkable, active district where people can live, work, gather and spend time.” Merus purchased the 514,000-square-foot mall, which is situated next to Dollar General’s global headquarters, for $33 million. Bryan Belk and John Tennant of Franklin Street represented the seller, Hendon Properties, in the transaction. Hartman Simons & Wood LLP executed legal work…

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JLL Provides $296M in Agency Financing for New Jersey Multifamily Portfolio

Taylor Williams — Mon, 16 Feb 2026 12:48:00 +0000

MORRISTOWN, N.J. — JLL has provided $296 million in Freddie Mac financing for a portfolio of 13 multifamily properties totaling 1,880 units in New Jersey. The portfolio consists of garden-style properties that are scattered across five Central and Northern New Jersey counties: Middlesex, Somerset, Union, Monmouth and Morris. The vintage of the properties ranges from 1959 to 1999. Michael Klein, Thomas Didio Jr., Michael Mataras and Joseph Gruber of JLL originated the 10-year, fixed-rate loan, which was structured with interest-only payments for a portion of the term. The borrower was not disclosed. “The borrower’s exceptional management capabilities and dedication to maintaining a well-kept, high-performing portfolio ensure these vital communities continue to deliver quality, affordable homes for residents,” says Didio. — Taylor Williams

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JLL Arranges $596M CMBS Loan for Refinancing of The Crescent in Uptown Dallas

Abby Cox — Fri, 13 Feb 2026 12:45:00 +0000

DALLAS — JLL has arranged a $596 million CMBS loan for the refinancing of a portion of The Crescent, a 1.3 million-square-foot mixed-use development located in Uptown Dallas. Goldman Sachs and J.P. Morgan provided the debt to the owner, Crescent Real Estate, and the three-year, floating-rate loan will refinance the property’s three office towers and the retail atrium building. Crescent Real Estate has owned, sold and reacquired its namesake mixed-use development multiple times since the 1990s. Completed in 1986 on roughly 11 acres, The Crescent consists of three office towers with ground-floor retail space totaling 1.2 million square feet; a three-story, 167,510-square-foot atrium building; the Hotel Crescent Court; The Spa at The Crescent; 11 restaurants and various high-end retail shops. After several renovations over the past five years, The Crescent also features a mix of updated amenities such as a full-service fitness center, two salons, an art gallery and a multi-level parking garage. Tenants at the property — which is 90 percent leased — include Jeffries, BankUnited, BMO Harris Bank, Wells Fargo, PNC Bank, Raymond James and UBS. Weil, Gotshal & Manges LLP, along with Westwood Management, have also both recently signed office lease renewals at the development. The debt advisory team…

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GANMI Corp. Acquires Two Downtown San Diego Office Properties Totaling 707,623 SF

Hayden Spiess — Thu, 12 Feb 2026 12:30:00 +0000

SAN DIEGO — Golden Columbia, a real estate investment platform sponsored by locally based GANMI Corp., has completed the acquisition of two Class A office properties in downtown San Diego. Together, the buildings total 707,623 square feet. The sales price was not disclosed, but The San Diego Union-Tribune reports the properties traded for $103.5 million. The newspaper also reports that the seller, Regent Properties, purchased the two buildings for a combined $223.5 million in June 2021. The properties include One Columbia Place, a 27-story office tower located at 401 W. A St., and Two Columbia Place, a 12-story office building located at 1230 Columbia St. One Columbia Place comprises 556,943 square feet, and Two Columbia Place spans 150,680 square feet. According to a statement issued by GANMI Corp., long-term plans for One and Two Columbia Place include repositioning the properties into an “experience-driven workplace destination designed to support tenants, employees and the broader downtown ecosystem.” Enhancements at the buildings will be implemented in phases. “People don’t come back to the office for desks alone — they come back for energy, community and convenience,” says Casey Gan, CFO of GANMI Corp. “Our mission at Columbia Place is to build a complete workplace experience by…

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Selig Submits Rezoning Request for Second Phase of The Works Mixed-Use Village in Atlanta

John Nelson — Wed, 11 Feb 2026 12:42:00 +0000

ATLANTA — Selig Enterprises has submitted a rezoning request for the second phase of The Works, an 80-acre mixed-use village located in Atlanta’s Upper Westside neighborhood. According to The Atlanta Journal-Constitution, Phase II could span 2.2 million square feet upon completion. Phase I of The Works included adaptive reuse offices housing firms including Google Fiber and City of Atlanta; Westbound at The Works, a 306-unit apartment community; Chattahoochee Food Works, a food hall with 31 stalls serving dishes including pho, barbecue, donuts, subs, Mexican food and more; Dr. Scofflaw’s at The Works, a research-and-development brewery concept from Atlanta-based Scofflaw Brewing; retail space, including boutique stores, salons, Stellar Bodies and a standalone Ballard Designs store; and outdoor gathering areas, including Fetch Park (off-leash dog park) and The Camp (outdoor playground and live music space). Selig is proposing a mix of multifamily, office and retail components along Logan Circle and Chattahoochee Avenue. Phase II, which will span the remaining 53 acres of the site, is currently in early planning stages, with no immediate construction timeline established at this time. Selig is working closely with the Upper Westside CID and local neighborhood groups to gain insight and feedback throughout the process. Founded in…

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TMG, Bridges Capital Acquire 320,000 SF Metreon Shopping Center in Downtown San Francisco

John Nelson — Tue, 10 Feb 2026 12:58:00 +0000

SAN FRANCISCO —TMG Partners and equity partner Bridges Capital LLC have acquired Metreon, a 320,000-square-foot, vertically oriented shopping center in downtown San Francisco. Built in 1999, the retail and entertainment destination is anchored by Target and a 16-screen AMC Theatres that features the tallest IMAX screen in North America. Locally based TMG and Bridges Capital purchased the four-story property from Acore Capital in a deed-in-lieu transaction. The sales price was not disclosed. The City and County of San Francisco will continue to retain ownership of Metreon’s ground lease through at least 2082, according to the San Francisco Business Times. The news outlet also reported Acore Capital was the mortgage lender for Metreon on behalf of the previous owner, Starwood Capital Group. “This investment in Metreon is a powerful vote of confidence in our downtown recovery,” says San Francisco Mayor Daniel Lurie. “We’re grateful for [TMG’s] partnership as we work to accelerate San Francisco’s comeback.” Metreon is located at 135 4th St. at Mission in the city’s Yerba Buena neighborhood. The property includes City View at Metreon, a 31,000-square-foot events venue with floor-to-ceiling windows offering views of the San Franisco skyline. TMG will rebrand the venue and partner with Skylight, a…

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Crescent Communities Unveils Plans for Mixed-Use Project in Atlanta’s Buckhead District

Taylor Williams — Mon, 09 Feb 2026 12:53:00 +0000

ATLANTA — Charlotte-based developer Crescent Communities has unveiled plans for 3600 Peachtree, a new mixed-use project in Atlanta’s Buckhead district. A construction timeline for the project was not announced. The 2.5-acre site is located at the corner of Peachtree and Wieuca roads, adjacent to Simon’s Phipps Plaza mall. Crescent made the announcement alongside its project partner, the Church of Wieuca, which currently occupies part of the site. Plans currently call for a 21-story, 375,000-square-foot office building and a 300-unit apartment community that will be operated under the developer’s NOVEL by Crescent Communities brand. The development will also feature street-level retail and restaurant space. Crescent also plans to introduce a comprehensive, hospitality-driven amenity program via approximately 10,000 square feet of shared indoor amenities and direct access to an elevated 19,000-square-foot landscaped outdoor terrace. Specific amenities will include conferencing and training spaces that can accommodate more than 200 attendees, as well as multiple alternative work environments and spa-like wellness and fitness facilities with locker rooms, indoor and outdoor lounges. Project partners for 3600 Peachtree include HSR Development Services (residential development), Partners Real Estate (office leasing), Pickard Chilton (architecture) and Kimley-Horn (civil engineering). “Our focus is on creating a workplace that feels elevated…

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Gencom Acquires The Ritz-Carlton New York, Central Park Hotel

Abby Cox — Fri, 06 Feb 2026 12:45:00 +0000

NEW YORK CITY — Gencom, a Miami-based investment firm, has acquired The Ritz-Carlton New York, Central Park, a 253-room hotel located in Midtown Manhattan. Banco Inbursa provided financing for the acquisition. Although the sales price was not disclosed, media outlets reported a bidding price of $400 million for the property in March 2024. “Gencom continues to see compelling long-term opportunities in New York City, particularly for luxury assets with enduring global appeal,” says Karim Alibhai, founder and principal of Gencom. Situated within the Plaza District at the corner of Central Park South and Sixth Avenue, the Ritz-Carlton New York comprises 253 guest rooms, including 47 suites that are located on the lower 22 floors of the 33-story building. The upper floors consist of roughly a dozen private residential condominiums, which were not included in the sale. Guest rooms offer a more standard hotel room layout, with separate seating areas, marble bathrooms and walk-in showers. Meanwhile, the residential condos average more than 1,000 square feet in size and include distinct living spaces, kitchens and dining areas. The Ritz-Carlton hotel also features various amenities for its guests, including Contour, the all-day gastro lounge; the Ritz-Carlton Club Lounge; the La Prairie Spa; and a…

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City of Fort Worth Unveils Plans for $606M Phase II of Convention Center

Hayden Spiess — Thu, 05 Feb 2026 12:23:00 +0000

FORT WORTH, TEXAS — The City of Fort Worth has announced plans for Phase II of the Fort Worth Convention Center overhaul. Totaling $606 million in costs, the project will deliver a new, flexible convention center. The convention building will replace an arena dated back to 1968 and modernize an existing building that has not been significantly renovated since a 2003 expansion. In December of last year, the city cut the ribbon on the $95 million Phase I of the Fort Worth Convention Center. Plans for Phase II were presented to the city council on Tuesday, Feb. 3. Upon completion, Phase II will comprise a four-story structure with a central tower, a plaza with native prairie green space connected to General Worth Square and terraces for outdoor events. The facility will total 257,268 square feet of exhibit hall space; 60,917 square feet of meeting room space; and 74,033 square feet of ballroom space, as well as 16 loading docks. Construction will begin in early 2027, with the demolition of the existing arena. Completion of the project is scheduled for early 2030. The center will remain operational during construction. Atlanta-based firm TVS, in collaboration with Fort Worth-based Bennett Partners, designed the…

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Simon to Invest $250M for Redevelopment of Three Malls in Nashville, Denver and Tampa

Kristin Harlow — Wed, 04 Feb 2026 13:00:00 +0000

INDIANAPOLIS — Indianapolis-based mall owner Simon Property Group (NYSE: SPG) has unveiled plans to invest more than $250 million for the redevelopment of The Mall at Green Hills in Nashville, Cherry Creek Shopping Center in Denver and International Plaza in Tampa. Simon acquired the three properties in November 2025 as part of its purchase of the remaining 12 percent interest in The Taubman Realty Group LP that it did not already own. The $250 million investment reflects Simon’s focus on mall redevelopments to create modern environments that cater to today’s shopper, according to Eli Simon, the company’s chief operating officer. He says the redevelopment projects will mimic the recently completed transformation of Southdale Center in Minneapolis. The Mall at Green Hills will undergo a complete transformation and exterior revitalization featuring two-story flagship entrances, jewel-box spaces for luxury boutiques, new landscaping and “elevated arrival moments.” The interior will receive upscale finishes and architectural enhancements. The 1 million-square-foot mall opened in 1955 under the moniker Green Hills Village. Cherry Creek Shopping Center will receive modernized flagship spaces, refined architectural updates and upgraded storefronts. The enclosed mall, which officially opened in 1990, dates back to the 1950s when it was an open-air mall.…

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Brookfield to Acquire Peakstone Realty Trust in $1.2B Transaction

John Nelson — Tue, 03 Feb 2026 13:00:00 +0000

NEW YORK CITY AND EL SEGUNDO, CALIF. — Brookfield Asset Management (NYSE: BAM) has entered into a definitive agreement in which one of the firm’s private real estate funds will acquire the outstanding shares of Peakstone Realty Trust (NYSE: PKST), an industrial REIT that has a strategic focus on the industrial outdoor storage (IOS) sector. The El Segundo-based company, which sold off its final office assets in December, currently owns 76 industrial properties, including 60 IOS assets. At a proposed price of $21 per share, the all-cash transaction represents an implied enterprise value of approximately $1.2 billion. The price represents a 34 percent premium relative to Peakstone’s share price on Jan. 30, the last full trading day prior to the announcement. “This transaction recognizes the value of our industrial portfolio and the progress we have made expanding our IOS platform,” says Michael Escalante, CEO of Peakstone. At the conclusion of the acquisition, Peakstone will be a privately held company and will be delisted from the New York Stock Exchange. Founded in 2009 as Griffin Realty Trust, the company was rebranded as Griffin Capital Essential Asset REIT in January 2023 and then as Peakstone Realty Trust in 2021. For Brookfield, the…

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Eli Lilly to Open $3.5B Manufacturing Facility in Pennsylvania’s Lehigh Valley

Taylor Williams — Mon, 02 Feb 2026 12:52:00 +0000

UPPER MACUNGIE, PA. — Pharmaceutical giant Eli Lilly & Co. (NYSE: LLY) will open a $3.5 billion manufacturing facility in the Lehigh Valley community of Upper Macungie. The development will span about 925,000 square feet across multiple buildings and is expected to bring about 850 new jobs to the region. A construction timeline was not announced. Lilly is acquiring the property at 9802 Main St. in Upper Macungie from Jaindl Land Development for the project. According to local news outlet WFMZ, this property is known as Fogelsville Corporate Center and is undeveloped agricultural land. In addition to the 850 permanent jobs, development of the new facility is expected to create about 2,000 construction jobs. According to Pennsylvania Gov. Josh Shapiro, the state committed more than $100 million in incentives to land the project, including $50 million in tax credits. Lehigh Carbon Community College will receive additional state funding and feed Lilly’s talent pipeline by creating and expanding academic and workforce training programs in life sciences. “Lilly’s commitment to the Lehigh Valley and to Pennsylvania will bring billions of dollars of investment and hundreds of good-paying jobs, solidifying our position as a leader in the growing life sciences industry,” Shapiro said…

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