Category: Development
January 2018 – Monthly Development Review
February 18, 2018New office spaces in Research Park were the top non-residential building permits issued last month. Residential permits and CO’s grew year-over-year. Residential Permits (new construction) in Huntsville city limits: In January, 94 housing units were permitted, all single-family. The top tract for building permits last month was 109.01 (Hampton Cove), where 17 units were permitted. This is an 11.9% increase over January 2017, when 84 housing units (all single-family) were permitted. Residential Certificates of Occupancy [ more ]
Read MoreRevised Greenway Plan Expands Network and Partnerships
January 31, 2018After months of public input and planning, the City of Huntsville has updated its Greenway Plan to reflect the community’s vision for an expanded system of connected trails and greenways to serve as recreation and transportation corridors. The revised plan calls for more than 312 miles of greenways within a network that involves multiple projects in different parts of city. About 73 miles have already been built and 44 miles are [ more ]
Read MoreStats & Facts – Week of January 22, 2018
January 26, 2018Read time: 1 minute Home Sales Ending on a High Note 569 homes sold during December 2017. That is a 34% increase over December 2016. We’ve got a tool for that Northern Tool + Equipment will open its newest Alabama location in Huntsville on Governors West. A Hub for HUBZone Companies The Catalyst announced the creation of a new accelerator for HUBZone. More Unicorns than at ComiCon In 2017, 57 startups around the world reached unicorn status with a [ more ]
Read MoreDecember 2017 – Monthly Development Review
January 23, 2018New retail buildings at Redstone Gateway were the top non-residential building permits issued last month. Residential permits and certificates of occupancy (CO’s) decreased year-over-year. Residential Permits (new construction) in Huntsville city limits: In December, 70 housing units were permitted, all single-family. The top tract for building permits last month was 112 (Martin-Zierdt), where 15 units were permitted. This is a 38.6% decrease over December 2016, when 114 housing units (78 single- and 36 multi-family) were [ more ]
Read MoreStats & Facts – Week of January 15, 2018
January 19, 2018Read time: 1 minute That’s a lot of engines Toyota Motor Manufacturing Alabama built nearly 700,000 engines in 2017, which is six times the number it produced when the plant opened in 2003. #FlyHsv United Airlines is increasing flights between Huntsville and Denver, Chicago and Washington/Dulles. Additional service begins in June. Go farther on less The fuel economy of new U.S. cars and trucks hit a record 24.7 mpg in the 2016 model year, according to the [ more ]
Read MoreHuntsville Signs Toyota-Mazda Development Agreement
January 17, 2018With the stroke of a pen, Mayor Tommy Battle and members of Huntsville’s economic development team gathered in City Hall today to sign a development agreement that contractually “seals the deal” for Toyota-Mazda’s $1.6 billion manufacturing plant to be built on the City’s megasite. Execution of the agreement with the global automotive giants requires approval by City Council, which occurred last Thursday night, and final signatures from Mayor Battle, Limestone County [ more ]
Read MoreToyota and Mazda Select Huntsville for $1.6 Billion Auto Plant
January 10, 2018Intense speculation over a major industrial project for Huntsville’s TVA-certified megasite ended today when Toyota and Mazda executives announced they will jointly build their new $1.6 billion assembly plant in the Rocket City. “This is one of the most sought-after economic development projects in the nation, and likely the biggest of the decade,” said Mayor Tommy Battle. “It’s a $1.6 billion investment, 4,000 new jobs, $200 million in annual payroll. This [ more ]
Read MoreHuntsville lands $1.6 billion Toyota-Mazda manufacturing plant
January 10, 2018The TVA-certified megasite in Huntsville-Limestone County will be the future home for a new automotive manufacturing plant as part of a coveted $1.6 billion investment between Toyota Motor Corporation and Mazda Motor Corporation. Toyota and Madza ended a five-month national competition over their site selection for the joint venture at a news conference today in Montgomery. Toyota President Akio Toyoda and Madza President and CEO Masamichi Kogai joined Governor Kay Ivey, [ more ]
Read MoreCity Opens New Cycle Track for Downtown Huntsville
December 14, 2017Mayor Tommy Battle held a ribbon cutting Dec. 14 to open the City’s first cycle track, a dedicated bicycle lane on Spragins Street, marked by curbs and wide green stripes. The cycle track is a pilot project that emanated from public requests through The BIG Picture master planning process for better and safer cycling routes. The Spragins route will help determine if cycle tracks could be used in other areas of the [ more ]
Read MoreStats & Facts – Week of December 11, 2017
December 14, 2017Read time: 1 minute November Residential Permits are Up In November, 131 housing units were permitted, a 45.5% increase year over year, when 90 housing units were permitted during the same time period. This Addition is an “Ace” The City Council approved construction of a new sand volleyball complex at John Hunt Park. It will have 12 courts and an event pavilion and locker room. For the Kids Huntsville/Madison County voters approved the renewal property taxes devoted to [ more ]
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