Category: Development
Stats & Facts – Week of August 28, 2017
September 1, 2017
Read time: 1 minute BASF Expansion BASF celebrated production of its 400 millionth automotive catalytic converter and an expansion of its plant in Huntsville that will create 10 new jobs. Good news for real estate North Alabama Multiple Listing Service reports Huntsville area home sales totaled 630 units in July, an increase of 7.9% year over year. Year to date sales increased 11.3%. The median sales price in July was $207,000, an increase of 8.9% [ more ]
Read MoreStats & Facts – Week of August 21, 2017
August 28, 2017
Read time: 1 minute Drink up Huntsville Utilities opened its new $90 million water treatment plant. It will initially supply 12 million gallons per day and is capable of producing 96 million gallons per day. Congrats are in order 26 Huntsville companies made the list of Inc.500/5000 list of fastest growing private companies. There were 59 Alabama companies listed. We’re really good at making missiles Huntsville is one of three Boeing offices that will perform design work on [ more ]
Read MoreStats & Facts – Week of August 14, 2017
August 17, 2017
Read time: 1 minute Ribbon is cut The new Gate 9 at Redstone Arsenal is officially open. Housing stats In July, 133 housing units were permitted, 73 single- and 60 multi-family…down roughly 6% year over year. 204 housing units were granted certificates of occupancy consisting of 81 single and 123 multi-family…a 132% increase year over year. HudsonAlpha continues to wow HudsonAlpha Institute for Biotechnology has been awarded a $2 million National Institute for Mental Health grant to [ more ]
Read MoreStats & Facts – Week of August 7, 2017
August 10, 2017
Read time: 1 minute On the rise Huntsville area home sales totaled 744 units in June, a rise in sales of 8.1% from June 2016. Median sales price in June was $190,000, up 5.5% from June 2016, reports the North Alabama Multiple Listing Service (NAMLS). Cable service expands WOW! residential and business services are now available to 30,000 customers in Huntsville, doubling the number of customers since it was introduced in October 2016. Sweet potatoes, pecans [ more ]
Read MoreJuly 2017: Monthly Development Review
August 10, 2017
New industrial and office space topped the list of non-residential permits issued last month. Residential certificates of occupancy doubled year-over-year. Residential Permits (new construction) in Huntsville city limits: In July, 133 housing units were permitted, 73 single- and 60 multi-family. The top tract for building permits last month was 212 (Greenbrier), where 61 units were permitted, 1 single- and 60 multi-family. This is a 6.34% decrease over July 2016, when 142 housing units (102 single- [ more ]
Read MorePublic Meeting for Downtown Bike/Pedestrian Plan
July 31, 2017
Urban planners will host a public meeting on Aug. 2 to review implementation plans for bike and pedestrian improvements in the City’s core as recommended in the Downtown Master Plan Update. Residents are invited to join us as we review the bike plan for Downtown, and discuss near-term projects, like the Spragins Connector (from the Veteran’s Memorial to Big Spring Park). BIG Picture planners will review best practices and designs from other [ more ]
Read MoreStats & Facts – Week of July 24, 2017
July 27, 2017
Read time: 1 minute #1 Business Facilities, a leading economic development publication, ranked Huntsville No. 6 for Economic Growth Potential and No. 1 for Aerospace. Beating the national standard Huntsville Police Department cut the ribbon on its new Criminal Investigations Division. HPD has a clear rate on homicides of 93%…the national, average is 65%. Splash down The newly expanded Huntsville Aquatics Center is now open. The $22M renovation includes three pools and seating for more than 1,400. New [ more ]
Read MoreStats & Facts – Week of July 18, 2017
July 21, 2017
Read time: 1 minute Lyft off at Huntsville International Airport Flying out of Huntsville International Airport? You can now use Lyft for pickups and drop-offs. HudsonAlpha’s impact HudsonAlpha has a $1.85 billion impact to Alabama’s economy in the past decade, according to economists at UAH. Good news for real estate The Huntsville real estate market experienced a record Q2 in 2017, with 2,006 homes sold, according to the Alabama Center for Real Estate. Home sales rose 13% [ more ]
Read MoreStats & Facts – Week of July 10, 2017
July 12, 2017
Read time: 1 minute Talk about impact Spending by nonprofit arts and cultural organizations in Huntsville/Madison County and their audiences totaled $89.9 million. Arts & culture events The dollar amount for total attendance for events held by local arts and culture nonprofits totaled 1.5 million. Average spending per person was $24.01 All about those jobs Local arts and cultural nonprofits supported 3,073 jobs. Helping our communities Arts generated more than $6 million in local and state government revenue. Kudos to [ more ]
Read MoreJune 2017: Monthly Development Review
July 12, 2017
Two new shopping centers topped the list of non-residential permits issued last month. Residential construction remained roughly the same year-over-year. Residential Permits (new construction) in Huntsville city limits: In June, 150 housing units were permitted, 110 single- and 40 multi-family. The top tract for building permits last month was 212 (Greenbrier), where 36 units were permitted, all multi-family. This is a 1.35% increase over June 2016, when 148 housing units (107 single- and 41 multi-family) [ more ]
Read More