February 2024
Huntsville, Alabama’s recent economic growth is characterized by robust commercial activity, burgeoning real estate opportunities, and an influx of investment – solidifying its position as a thriving economic center in the region.
Huntsville ranks in top five for Southern metro tech development. Among the list of growing cities, Huntsville ranked 3rd in the South and 2nd overall for tech employment growth between 2017-2021 with an incredible 53.4%.
$375 million downtown Huntsville mixed-use development begins construction.
A unique 200+ room dual-brand Hilton Hotel concept is planned in Huntsville adjacent to Joe Davis Stadium.
New large-scale 2-day music festival approved for Huntsville’s John Hunt Park.
The Federal Aviation Administration (FAA) has awarded more than $5 million in grant funding to five airports in North Alabama. More than $4 million is going to Huntsville International Airport.
Tupelo Honey Southern Kitchen & Bar, upscale-casual Southern restaurant started in Asheville, N.C., will open its first Alabama location at MidCity on the first floor of the Metronome. Construction will begin in 2024.
Alongside Huntsville’s expansion and growth are significant real estate changes – including a massive surge in multifamily developments.
