One of the most prominent vacant retail developments in the Huntsville metro area is getting a $23.5 million investment, it was announced Friday. Publix Super Market will serve as the grocery anchor for the Market at Hays Farm (formerly Haysland Square) development, according to developer Branch Properties. “This is an exciting development for South Huntsville […]
We’re not No. 1, but No. 2 is pretty good. In a recent study, Huntsville ranked No. 2 among the best places for career opportunities in the COVID-19 recession . SmartAsset analyzed 200 of the largest metro areas across seven metrics related to employment, income and access to professional development through higher education or career counseling. […]
Before the coronavirus pandemic, the only things obstructing regional residential growth was the construction industry labor shortage and a desperate shortage of housing inventory. Still, during the pandemic, there is nothing – at least nothing new – slowing the residential housing market in North Alabama. Not a virus, not consumers, not builders, not banks, not […]
If you are a person who never reads the fine print of a contract, you have probably never heard of a force majeure clause. However, that clause in every commercial contract for the past century may be worth reading for those suffering the economic hardships caused by coronavirus and the economic shutdown. That relatively short […]
Middleburg Communities has broken ground on Mosby Bridge Street, a 290-unit apartment development in Cummings Research Park. Construction on the community at 320 Voyager Way is expected to be completed April 2022 with leasing starting in May 2021. “Mosby Bridge Street is another excellent example of utilizing our extensive research capabilities to identify prime locations […]
Though the number of house available for sale is the lowest in years, Huntsville residential sales for the first quarter of this year was nearly 15 percent higher than the first quarter of 2019. The sales, according to the quarterly report from the Alabama Center for Real Estate, for the first quarter totaled 1,801 units, […]
As the worst of the COVID-19 crisis seems to be waning in North Alabama, new jobs, new construction, and plans for a new luxury living development pick up right where they left off in March. Birmingham developers Capstone Communities broke ground on The Cottages at Old Monrovia, a 25-acre housing development near Old Monrovia Road […]
MADISON — There is a lot of plowing and tilling of soil going on at Clift Farm this week, but they aren’t planting cotton. Instead, the Breland Companies announced that SWH Partners and Watercress Partners have planted the seeds of a luxury apartment community on the landmark development along U.S. 72 across from the Madison Hospital and […]
Kirkland Company Brokers Largest Multifamily Transaction in Huntsville’s History
A welcomed and long-awaited facelift is coming to a stretch of one of Huntsville’s primary thoroughfares. A 45-acre block off University Drive at Independence Drive and Lancewood Drive will be revitalized in a $27 million acquisition by Philadelphia-based Penn Capital, an integrated private investment company. The company has purchased the former GuestHouse Suites from the […]
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