Category: Business
Stats & Facts – Week of November 27, 2017
December 1, 2017
Read time: 1 minute Are your skills ready for the future? 375 million workers around the globe might need to switch jobs or update skills by 2030 due to automation, according to McKinsey Global Institute. The biggest job loss projections are in processing and collecting data and predictable physical activities. “We Gather Here to Honor” A memorial park will be created on the Dr. W.H. Councill School site on St. Clair Avenue, providing green space [ more ]
Read MoreOctober 2017: Monthly Development Review
November 30, 2017
Office renovations were among the top non-residential building permits issued last month. Residential permits increased year-over-year. Residential Permits (new construction) in Huntsville city limits: In October, 106 housing units were permitted, 100 single- and 6 multi-family. The top tract for building permits last month was 109.01 (Hampton Cove), where 33 units were permitted, all single-family. This is an 8.2% increase over October 2016, when 98 housing units (62 single- and 36 multi-family) were permitted. Residential Certificates [ more ]
Read MoreStats & Facts – Week of November 20, 2017
November 21, 2017
Read time: 1 minute Thankful for New Jobs….Welcome to Huntsville, BOCAR! BOCAR, a leading tier-one automotive supplier selected Huntsville for a 230,000 square foot facility. The company will employ up to 400 and invest $115 million. Thankful for Farmers…Let’s talk Turkey The American Farm Bureau Federation reports the average cost of a Thanksgiving feast for 10 is $49.12, down $0.75 from 2016. The cost of the dinner is the lowest since 2013. A 16lb. turkey [ more ]
Read MoreBOCAR to Add 300+ jobs in North Alabama
November 16, 2017
BOCAR, a leading Tier 1 automotive supplier, plans to invest $115 million in a new plant to be built in Huntsville in Limestone County. The company will hire more than 300 people, adding to the state’s booming automotive manufacturing sector. BOCAR company leaders made the announcement at the Huntsville/Madison County Chamber along with representatives of the City of Huntsville and Limestone County. “We are glad to invest in Huntsville, Alabama, where good [ more ]
Read MoreStats & Facts – Week of November 13, 2017
November 15, 2017
Read time: 1 minute Downtown Rising @127 Holmes mixed-use project has begun construction in downtown Hunsville. Tenants include Moe’s BBQ, The Standard, Retaggio, and office space. The Wheels on the Bus… Greyhound is now offering service from the Huntsville Transit Facility at 500 Church Street. New Retail The Garage at Clinton Row announced a new tenant with the addition of J. Kennedy Clothing. Honest Coffee Roasters has also expanded its footprint in the development. Home Ownership Grows U.S. homeownership [ more ]
Read MoreStats & Facts – Week of November 6, 2017
November 8, 2017
Read time: 1 minute Hiya there, Hyatt A 131-room Hyatt Place hotel is coming to Bridge Street, located next to the 244-unit Watermark apartments under construction at the northwest corner of the property. Home is where the permits are In September, 332 housing units were permitted (84 single – and 248 multi-family), down 11.5% year over year, while 244 units were granted certificates of occupancy (88 single – and 156 multi-family), an increase of 93.7%. When [ more ]
Read MoreSeptember 2017: Monthly Development Review
November 6, 2017
A new grocery-anchored shopping center on Zierdt Road was among the top non-residential building permits issued last month. Residential CO’s nearly doubled year-over-year. Residential Permits (new construction) in Huntsville city limits: In September, 332 housing units were permitted, 84 single- and 248 multi-family. The top tract for building permits last month was 14.02 (Research Park), where 248 units were permitted, all multi-family. This is an 11.5% decrease over September 2016, when 375 housing units (75 [ more ]
Read MoreStats & Facts – Week of October 23, 2017
October 27, 2017
Read time: 1 minute There’s nothing spooky about these Stats and Facts…well, maybe the last one. Groundbreaking for Groundbreaking Rocket Engines Aerojet Rocketdyne broke ground on a 136K square-foot manufacturing facility in North Huntsville. It also announced the location for its Defense HQ at 950 Explorer Blvd. California Love California-based Parsons broke ground on a new facility for software and hardware integration. It will add 50 employees in Huntsville. VALOR Vietnam Vet and Huntsville resident Gary Michael Rose [ more ]
Read MoreParsons Global Tech Company Expands Huntsville footprint and adds 50 new jobs
October 25, 2017
Mayor Tommy Battle joined leaders from Parsons today in announcing an expansion of the global engineering firm’s Huntsville location to include a new 25,000 square-foot high-bay facility and an additional 50 new jobs. The new facility at 401 Diamond Drive will give Parsons greater capability to accommodate a growing portfolio of work in Huntsville, including software and hardware integration for customers in the defense, intelligence, and infrastructure sectors. “Parsons is a leading company and [ more ]
Read MoreStats & Facts – Week of October 9, 2017
October 13, 2017
Read time: 1 minute Welcome to the Fiber Hood Google Fiber is now offering services in the Hampton Cove area of Huntsville. Innovation is what we do Huntsville hosted the Association of University Research Parks annual meeting, where the city received the Community of Innovation award. Rocket City meet Rocket Engines Aerojet Rocketdyne will manufacture advanced rocket engines in North Huntsville Industrial Park and site its defense HQ in Cummings Research Park. Looking for a home? The North Alabama Multiple Listing Service reports Huntsville/Madison [ more ]
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