IBEW Local 488 Features

When it comes to Electrical Work, cutting corners can cost you!

Are you a skilled electrical worker looking for fair pay, great benefits, and a secure future? We are actively building a highly skilled workforce to partner with our top-tier contractor base—and we want you on our team. Your employers often join associations—like the ABC, CECA, SAA, or IEC—to protect their company’s best interests. Doesn’t it make sense to join an organization dedicated to... more ...

Industry and IBEW News

Cushman Arranges $88M Construction Loan for Greenwich Multifamily

https://rebusinessonline.com/cushman-wakefield-arranges-88m-construction-loan-for-multifamily-project-in-greenwich-connecticut/

Cushman Wakefield secured $88M construction loan through Santander Bank for Benedict Court, 120-unit project with 72 market rate and 48 affordable units, completion summer 2028

Alders Advance City's Plan To Acquire English Station

https://www.newhavenindependent.org/2026/02/19/alders-advance-citys-plan-to-acquire-english-station/

New Haven aldermanic committee voted 5 to 1 to advance Elicker administration's plan to purchase or use eminent domain to acquire contaminated English Station site for public park with outdoor pool

Politicians Retreat on AI Amidst Signs of Rising Backlash

https://www.axios.com/2026/02/22/democrats-2028-retreat-ai-data-centers

2028 Democratic contenders who backed data centers with tax breaks are suddenly retreating amid growing voter revolt over electricity costs and community impacts

Evaluating the Jobs Impact

https://www.daytondailynews.com/local/data-centers-get-big-tax-breaks-do-they-create-jobs/34WLOLCK3BBT3O5ZG4XEPYXR7Y/

IBEW Local 648 says data centers could bring 800-1,200 construction jobs, but researchers warn facilities are capital-intensive while creating few permanent positions despite massive tax breaks

Centers Seek Credit Ratings to Unlock Billions for AI Push

https://www.ft.com/content/e0d9d5f2-c09d-426e-af03-193b488b7b1e

Data center landlords securing top credit ratings for asset-backed securities to unlock billions in financing, with Compass Datacenters achieving first-ever Aaa rating from Moody's