Huntsville’s downtown square has always been centered by the Madison County Courthouse. That will no longer be true once a site has been determined to build a new courthouse. And while the destination for the new building that will replace an outdated courthouse that was built in 1964 has not been decided, one thing is […]
A financial tool used to provide millions of dollars toward school improvements and job creation will retire in August, two years ahead of projection and nine years before its required closing. On Wednesday, Huntsville Mayor Tommy Battle announced that the City of Huntsville will soon make its last bond payment to close a tax increment […]
Less than two years ago, as Huntsville’s population began to mushroom, the city didn’t have the structures to handle the business growth that came with it. That’s changed along with the number of residents that continues to rise, making Huntsville the largest city in the state. Recently, the city was named No. 1 as the […]
This new series from the Huntsville Business Journal will cover DoD contracts awarded to Huntsville-Madison County businesses. Each week, the Huntsville Business Journal will provide you with an update to the various military contracts that local businesses are awarded. The first entry covers contracts listed on the Department of Defense daily postings from Monday July […]
HUNTSVILLE, AL – Crestwood Medical Center’s Board of Trustees has announced the appointment of Matthew Banks as Chief Executive Officer effective July 18, 2022. Banks joins Crestwood from Merit Health Wesley, a 211-bed acute care facility in Hattiesburg, Mississippi, where he has served as CEO for the past 4 years. Previously, he was CEO at Davis […]
It’s no secret that Huntsville, and Madison County as a whole, is the hottest scene in Alabama right now. The 2020 Census revealed that the county’s population had grown to 215,006, up from 180,105 just ten years prior. The city of Madison increased its population by more than 25% in that same time period, and […]
Huntsville – In the Alabama Tourism Industry Economic Impact Report 2021, just released by the Alabama Tourism Department, the estimated economic impact of visitors in Madison County exceeded $1.7 billion. This figure represents a 42% increase over 2020, which was severely impacted by the global pandemic. Even when compared to 2019, which was the previous […]
The buyers market enjoyed by house hunters at the height of the COVID-19 pandemic, when mortgage interest rates fell to record lows, is no longer. The numbers now favor sellers and will continue to do so in the near future with interest rates rising at a rapid pace. Rates for a 30-year fixed mortgage, which […]
As house hunters and their real estate agents are well aware, the real estate market has been rather volatile over the past year with rapidly rising home prices and an alarming shortage of listings. First-time buyers are finding themselves priced out of the market, with houses selling quickly and well over asking price. In addition, […]
Ever since Dr. Ken Kitts, President of the University of North Alabama (UNA), began Project 208 back in 2017, one of the major goals of the Florence-based university has been to rediscover its importance in North Alabama’s economic development and educational impact. Dr. Kitts stated that Project 208, named after the 208 miles that separate […]
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