Tag Archive for: Madison County

Southern States Bank adds new Huntsville Market President

Southern States Bank, a subsidiary of Southern States Bancshares (NDAQ: SSBK), announced the addition of their new Huntsville Market President, Senior Vice-President Chris Allen. In this role, he will be responsible for leading the bank while growing and originating new deposit and commercial loan relationships in the Madison County market. With over a decade of […]

Buffalo Rock eyes new facilities and investments after winning 2024 Bottler of the Year Award

Buffalo Rock Company, the nation’s largest single-family, privately-owned Pepsi® and Keurig Dr Pepper® bottler, has been recognized as Beverage Industry’s 2024 Bottler of the Year. This award highlights Buffalo Rock’s dedication to maintaining high standards in beverage production and distribution. Serving regions across Alabama, western Georgia, and the Florida panhandle, the company is synonymous with […]

City of Huntsville approves two projects to address homelessness and housing insecurity

In a response to the pressing issue of homelessness, the Huntsville City Council has approved two significant initiatives aimed at providing safe, affordable housing and critical support services to vulnerable populations within the community. The first initiative involves the approval of a project to construct a 42-unit multi-family development on Venona Avenue, utilizing funds partially […]

Where are interest rates headed for the Rocket City?

With interest rates hitting a two-decade high, many consumers across the Huntsville area wonder where rates are headed for the rest of 2024 and into 2025. Higher interest rates, along with higher prices have affected housing affordability where the median household income can no longer afford the median priced home in the Tennessee Valley. In […]

Huntsville attracts hundreds to successful return of NGA’s 2024 GeoResilience Summit

The National Geospatial-Intelligence Agency (NGA) hosted the 2024 GeoResilience Summit at the Jackson Center this Thursday, April 04, in collaboration with GEOHuntsville, a local nonprofit. The event included geospatial intelligence panels, a career fair, and networking opportunities for geo-imaging and intelligence professionals. The event ended with a presentation of $3K in GEOHuntsville scholarships to local […]

Bank Independent continues North Alabama expansion with new West Madison location

Thursday, April 4, Bank Independent held a ribbon cutting for the grand opening of its West Madison branch. Bank executives spoke to the large crowd gathered for the ceremony. Macke Mauldin, Bank Independent’s President and CEO, recalled the groundbreaking nearly two years ago. He spoke about the bank’s long history of serving its employees, customers, […]

TVA finalizing plans for proposed $8M investment to Madison County transmission project

The Tennessee Valley Authority (TVA) is seeking public input on a recently proposed power line transmission system needed to provide power for the growing load and increased power reliability in the Redstone Arsenal and Huntsville areas of Madison County. TVA officials held an open house to discuss the project on Thursday March 22nd. However those […]

Real Estate Update: Alabama housing market primed for Spring sales

The Alabama Association of Realtors (AAR) released its Economic and Real Estate Report for February of 2024.  Home sales across the state numbered 4,710 for the month of February. This not only marks a 0.5% increase from January, but it also bucks the historical trend of housing sales lagging in February. An increase in sales […]

City Council approves $4.5M Slaughter Road development agreement

During its March 28 session, the Huntsville City Council rendered decisions regarding millions in road improvement funding, crucial connections to improve traffic flow, and continued to prioritize the development of art and culture. $4.5M Slaughter Road improvements The Council empowered the mayor to enter a memorandum of understanding between Huntsville, the City of Madison, and […]

Real Estate Update: February statistics show increased sales

The Huntsville Area Association of Realtors (HAAR) has released its report for the month of February 2024.  The Huntsville/Madison County market saw 545 houses sold in February, which is up from 378 sold in January, and 452 sold in February of 2023.  There were 994 pending sales listed in February 2024, up from 919 in […]