Economic Development
Huntsville to study bus rapid transit corridor along University Drive
December 19, 2024
The City formally accepted federal grant money at Thursday’s Council meeting to spur a transit-oriented development planning study focusing on three clusters along University Drive. The Federal Transit Authority, part of the U.S. Department of Transportation, awarded an $850,000 pilot program grant to the City to fund the University Drive corridor study. The study will analyze three key population nodes along University Drive: the area in and around the Northwoods community, the [ more ]
Read MoreGlobal ophthalmic pharmaceutical and medical technology company, Glaukos, to locate multimillion-dollar facility in Cummings Research Park
December 19, 2024
The City of Huntsville approved a development agreement with Glaukos Corporation to build a multimillion-dollar research, development and manufacturing facility in Cummings Research Park (CRP). The multi-year project carries an $82 million capital expenditure and will bring 154 full-time jobs to the region by 2030. The facility will be built on 25 acres at the corner of Mark Smith Drive and Explorer Boulevard, at the north end of HudsonAlpha Institute [ more ]
Read MoreCity supports affordable senior housing with HOME funds commitment
December 19, 2024
The City will allocate $889,000 in federal HOME Investment Partnerships Program funds to support the construction of an affordable housing community for seniors aged 55 and older. The project, Arbours at Moores Mill II, located at 100 Marcus Byers Drive NE, will provide 55 rental units, including 31 one-bedroom and 24 two-bedroom apartments. The funding commitment is contingent upon the project receiving an allocation of Low-Income Housing Tax Credits (LIHTC) from [ more ]
Read MoreCity seeks community input on future community and housing investments
December 5, 2024
Want to weigh in on the future of community development and affordable housing in Huntsville? Join the City for three community input sessions Dec. 10-11. The City’s Community Development Department will hold a series of public forums to solicit input from residents on community priorities, affordable housing needs and fair housing issues for inclusion in a Five-Year Consolidated Plan and Fair Housing Study. Citizens are invited to attend the following public input [ more ]
Read MoreCity finalizes agreements for Mill Creek redevelopment project
November 7, 2024
The City of Huntsville is moving forward on the Mill Creek redevelopment project, including formally accepting the $50 million Choice Neighborhood Implementation (CNI) Grant from the U.S. Department of Housing and Urban Development (HUD) that was announced in July. The development area, just west of Memorial Parkway along Governors Drive, is a partnership with Huntsville Housing Authority (HHA) that will invest $350 million into a mixed-income community with workforce housing, medical [ more ]
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