Huntsville Legislative Update unveils priorities, economic initiatives for 2024

On Monday, the Huntsville/Madison County Chamber of Commerce hosted a luncheon at the Jackson Center for North Alabama Legislators. The gathering gave the Huntsville business community the opportunity to hear from key elected officials before the February 6th opening of the legislative session. Legislators who spoke at the sold-out event included Alabama State Senator Arthur […]

Huntsville International Airport sets passenger traffic record

In 2023, Huntsville International Airport (HSV) achieved a historic milestone by surpassing all previous records for passenger traffic, making it the busiest year in its history. A total of 1.47 million (1,473,629) passengers journeyed through HSV, representing a remarkable 22.7% increase in traffic compared to the previous year. For context, the last record-breaking year was […]

December 2023 stats cap challenging year for Huntsville’s market

The Huntsville Area Association of Realtors (HAAR) has released its annual report for 2023, as well as the report for the month of December specifically.  2023 was a year defined by the interest rate shock, which reverberated throughout the entire real estate market. Would-be buyers found homeownership a more daunting prospect as 30-year fixed mortgage […]

Real Estate “Lock-In” effect weakens grip as market begins thaw

Housing and Real Estate statistics taken from the end of December 2023 indicate that the phenomenon of would-be buyers holding off until mortgage rates decline – an effect known as “lock-in” by the industry – has begun to weaken. This suggests that 2024 could see a turnaround from the sluggish pace seen since the twin […]

Jackson Center to host 6th Annual Military Aviation and Air Dominance Summit

Defense Strategies Institute will host the 6th Annual Military Aviation and Air Dominance Summit on January 31 and February 1, 2024 in Huntsville’s Jackson Center.  The Summit will open on January 31 at 8:05 a.m. with remarks from retired Major General Jeffrey Schloesser, who currently serves as the Executive Vice President of Bell. Summit participants […]

AI Talks: HBJ discusses Sam Altman, potential changes to employment with AI integration

AI Talks” is a new series from the Huntsville Business Journal on Artificial Intelligence and its applicability to the world of business. Each month, HBJ plans on bringing you interesting topics led by our new contributing expert writer, Carl Holden. This series will also introduce another new “writer” to our journal: Artificial Intelligence itself. Using […]

Construction Partners completes acquisition of Huntsville-based contractor company

Construction Partners, Inc. (CPI) has officially acquired SJ&L General Contractor, LLC, a hot-mix asphalt and sitework company headquartered in Huntsville, Alabama. Fred J. (Jule) Smith, III, CPI’s President and Chief Executive Officer, said the acquisition was a natural step for CPI’s expansion. “A key component of our growth strategy is to actively expand service capabilities […]

Potential Government cybersecurity standards to bring major changes for Huntsville businesses

On 26 December 2023 the federal government released updated proposed cybersecurity requirements for defense contractors and subcontractors who conduct business with the U.S. Department of Defense (DoD).  This set of proposed regulations, known as CMMC (Cybersecurity Maturity Model Certification) was released as a 234-page document, which is published online in the Federal Register.  The Huntsville […]

Huntsville’s apartment craze: Are multi-family rental developments taking over the city?

Over the past few years, a variety of changes have happened in North Alabama that have altered the landscape of the Rocket City. Once a rather quiet, smaller southern city, Huntsville has experienced an explosive influx of people. The catalyst for such population demographics in Huntsville, which surpassed the population of Birmingham back in 2021, […]

City of Huntsville business license renewal due next month

HUNTSVILLE, AL – Attention Huntsville business owners – it’s once again time to renew operating licenses for 2024. The deadline for renewal without penalty is Jan. 31. Through the City of Huntsville’s user-friendly online portal, a streamlined renewal process makes it easier than ever to do business in Huntsville. “Since the onset of the pandemic, our […]