March 2025
The Huntsville, Alabama market continues to thrive as population growth, business expansion, and national recognition drive ongoing economic development.
Huntsville Sets New Sports Tourism Record with $50M Economic Impact
What This Means for You: Huntsville’s sports tourism sector reached a major milestone in 2024, hosting 68 events that generated over $50 million in economic impact.
Huntsville Airport Sets New Record for Passenger Traffic in 2024
What This Means for You: The airport saw record-breaking passenger traffic in 2024, with nearly 1.5 million travelers passing through HSV.
Huntsville Hospital Approved for $150 Million Expansion; 350 New Jobs
What This Means for You: The hospital’s five-story, 154,000-square-foot expansion will add critical healthcare capacity and create at least 350 new jobs in the region.
$50M Lewter District Mixed-Use Community Breaks Ground in Downtown Huntsville
What This Means for You: The new 1.5-acre mixed-use community will feature luxury townhomes, Brick & Tin – a farm-to-table fast casual restaurant, bar, and bakery – and a new five-story, 75,000-sq.-ft. Class-A office building.
Huntsville Unveils Master Plan for Big Spring Park East
What This Means for You: With the removal of the former City Hall, Big Spring Park East will gain 2.4 acres featuring plazas, event spaces, and a rustic playground, enhancing the city’s downtown green space and community offerings.
First Phase of Huntsville’s Skybridge Project Set to Begin in 2025
What This Means for You: Huntsville’s much-anticipated Skybridge project, designed for flood mitigation and improved connectivity, will begin construction in spring or summer 2025.
Alabama Ranked #16 Growth State in the U.S.
U-Haul’s annual Growth Index has been released and Alabama placed 16th among the states, rising six spots from its 2023 ranking, with Huntsville being one of its notable leading growth cities.
