October 2024
The Birmingham, AL market is experiencing sustained growth and economic development, fueled by multimillion-dollar construction projects, infrastructure improvements, and increasing population.
Chicago-based Zekelman Industries plans to invest over $6 million to expand steel tube production at its facility in Jefferson County.
What This Means For You: This project will create 91 jobs.
A $100 million mega-project is planned for Birmingham-Shuttlesworth International Airport.
What This Means For You: Airport officials are seeking federal funding to realign Taxiway Alpha, a key improvement aimed at enhancing both safety and capacity on one of the airport’s primary runways.
New UAB research building, hotel, and Coca-Cola plant projects underway in Birmingham.
What This Means For You: : In recent months, Birmingham has launched several multimillion-dollar projects, including a new UAB research facility, a hotel, and a Coca-Cola bottling plant. These developments are poised to generate job opportunities, boost the local economy, and drive demand for housing in the area.
Goldman Sachs’ “Investment in Rural Communities” Initiative expands to Alabama.
What This Means For You: As the fifth state included in this initiative, Alabama stands to benefit from an initial $3 million investment aimed at fostering job creation and economic growth.
The Northern Beltline project, a major upgrade in infrastructure, is nearing completion.
What This Means For You: The Northern Beltline, a soon-to-be-completed 52-mile-long interstate, will stretch from Interstate 59 in northeast Jefferson County to the I-459 interchange near Bessemer. Officials believe the completed project will increase economic growth and public safety.
