Essex Capital and Ascend Property Group have jointly announced the successful closure of a $115 million construction financing deal for Front Row. This substantial project, located in the heart of Huntsville’s downtown area, is positioned to be one of the Southeast region’s largest and most anticipated developments. Front Row will span over 11 acres, comprising […]
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 […]
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 […]
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 […]
As the winter weather continues to bring the Rocket City to a standstill, the City of Huntsville announced continued closures until Monday morning. “The main thing is we just want everyone to be safe and use caution on the roads,” Mayor Battle said. “This has been an unprecedented ice event, and we thank all the […]
The U.S. Army has awarded Intrepid LLC a 5 ½-year Systems Engineering and Technical Assistance (SETA) Support Services contract. The contract has a potential total value of $534 million. The contract objective and requirements include programmatic and technical support in various areas, including program operations, systems engineering, systems test, systems software engineering, and systems logistics. […]
Thompson Burton has expanded to Huntsville, Alabama, with Maples Law Firm, PC joining the middle Tennessee based firm. The combined firm will have offices in Huntsville, Alabama, and in Nashville and Franklin, Tennessee, and adds commercial litigation and bankruptcy/debtors’ counsel depth via experienced attorneys Stuart M. Maples and Mary Ena Heath. “Ronn Steen, Thompson Burton […]
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 […]
First Horizon Corporation (NYSE: FHN or “First Horizon”) announced that Brian Daniels joins First Horizon as Senior Vice President, Commercial Banking Group Manager. In this role, Daniels is responsible for managing the Commercial Banking team in addition to developing and generating new business relationships. Daniels will primarily focus on growth of the Hunstville market and […]
Frontier Technology Inc. (FTI) has unveiled plans to expand its cyber operations facilities in Huntsville, Alabama, with the construction of the FTI Huntsville Analysis and Cyber Security Center (HACS Center). The expansion involves adding 25,000 square feet of secure facility space operating at all classification levels, complementing the company’s existing office. Positioned as a “Cyber […]
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