Category: Development
Stats & Facts – Week of April 17, 2017
April 20, 2017
Read time: 1 minute Aw, it’s so cute. And tiny. Washington Street Park – the City’s first micro park – is open. The park is located at the end of the alley behind UG White and Pints & Pixels. Welcome, PCI Aviation! The Poarch Band of Creek Indians has established PCI Aviation, a government contracting firm supporting Army Aviation. More hotel rooms Town Place Suites at Redstone Gateway is open. The $12 million hotel is owned by [ more ]
Read MoreMarch 2017: Monthly Development Review
April 12, 2017
Topgolf and a new restaurant at Bridge Street Town Centre were among the non-residential permits issued last month. Residential permits decreased, while CO’s increased year-over-year. Residential Permits (new construction) in Huntsville city limits: In March, 135 housing units were permitted, 99 single- and 36 multi-family. The top tracts for building permits last month was 212 (Greenbrier), where 40 units were permitted, 4 single- and 36 multi-family. This is a 22.4% decrease over March 2016, when 174 [ more ]
Read MoreStats & Facts – Week of April 10, 2017
April 12, 2017
Read time: 1 minute We’re focused on jobs. Aerojet Rocketdyne is adding 700 jobs in Huntsville to develop, manufacture, and manage next-generation rocket engines. Publix expansion Publix is continuing to expand in Huntsville. It will anchor the recently announced Shoppes at Redstone Square with plans to open in August 2018. A space-themed brewery? YES PLEASE. A new microbrewery is planning to open in the area near Campus No. 805. InnerSpace will be space-themed and open next to [ more ]
Read MoreStats & Facts – Week of April 3, 2017
April 6, 2017
Read time: 1 minute Huntsville area’s growth Alabama’s population could increase by 500,000 by 2040, says The University of Alabama. In the Huntsville Metro, Madison County could grow to 451,043 from 334,811 and Limestone County could grow to 126,617 from 82,782. The Huntsville Metro grew by 15 people a day from 2015-2016, according to new Census data. Big congrats The Ed Mitchell International Intermodal Center at Huntsville International Airport celebrated 30 years of cargo transport. Chocolate bakery? [ more ]
Read MoreStats & Facts – Week of March 27, 2017
March 31, 2017
Read time: 1 minute Cali to Hsv Arete, a CA-based tech company, is establishing a Huntsville presence. More beer Yellowhammer Brewing is planning a $1.2 million expansion to include added production space, a distillery, event, and a Biergarten. We’ve got space The global space industry is estimated to be approximately $324 billion, with the U.S. space industry approximately $125 billion. Investment in space ventures has attracted over $13.3 billion since 2000. And Bikes Downtown BlueBikes, a bike-share program operated [ more ]
Read MoreStats & Facts – Week of March 20, 2017
March 22, 2017
Read time: 1 minute Setting records The U.S. Commerce Department’s data shows Alabama exports totaled $20.55 billion in 2016, an increase of 6.4% from 2015 and an all-time record. Exports from Alabama companies have risen 15% since 2011 and 48% since 2006. A global situation Alabama-made goods were exported to 189 countries in every corner of the world. Congratulations are in order Advanced Optical Systems Inc. of Huntsville was one of eight recipients of the 2017 Governor’s Export [ more ]
Read MoreStats & Facts – Week of March 11, 2017
March 15, 2017
Read time: 1 minute How many engines? Toyota assembled its 5 millionth engine, that’s enough engines to stretch from Huntsville to Los Angeles, and enough engines to supply every registered vehicle in Alabama. Green boom Venture capital (VC) funds funneled $834 million into the clean-energy industry last year, the third consecutive annual increase and the most since Bloomberg New Energy Finance started collecting data in 2004. For a second year, VC for green projects surpassed [ more ]
Read MoreFebruary 2017: Monthly Development Review
March 13, 2017
Construction of a new industrial facility in Limestone County topped the list of non-residential permits issued last month. Residential permits increased, while certificates of occupancy (COs) decreased year-over-year. Residential Permits (new construction) in Huntsville city limits: In February, 111 housing units were permitted, 99 single- and 12 multi-family. The top tracts for building permits last month were 109.01 (Hampton Cove) and 112 (Martin-Zierdt), where 27 units were permitted each (all single-family). This is a 27.6% [ more ]
Read MoreHuntsville Embarks on Downtown Master Plan
March 9, 2017
A public invitation to help the City update its downtown master plan drew hundreds to the Huntsville Museum of Art on March 7 for a visioning session with planning consultants Urban Design Associates. Architect and Urban Planner Rob Robinson opened the workshop with a synopsis of the downtown’s strengths and challenges. “You are essentially building a downtown,” said Robinson. “You had one years ago that thrived, but what worked then doesn’t necessarily [ more ]
Read MoreStats & Facts – Week of March 6, 2017
March 8, 2017
Read time: 1 minute International Women’s Day was celebrated this week. In that theme, we’ve focused on stats & facts directly related to women and the economy. A major national impact Women own 11.9 million firms in the U.S., employing more than 9 million people and generating more than $1.4 trillion in sales as of 2016. State-wide powerhouse Alabama has an estimated 153,000 women-owned firms, employing just over 111,000 people with combined sales of $19 billion. We’re [ more ]
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