Huntsville Apartment Oversupply | Are there too many apartments in Huntsville? New report looks at the boom

Are there too many apartments in Huntsville? New report looks at the boom Huntsville’s apartment boom has led to an oversupply of units in the fast-growing metro area, according to a recent report. We got ahead of ourselves. ...“Huntsville is currently overbuilt with apartments, and until that excess supply is absorbed, we’re going to see a slowdown in new multifamily construction,” Realtor Matt Curtis added. “ We’re seeing the effects of oversupply — one to two months of free rent incentives, declining rents, and higher vacancy rates. That’s not a climate where developers are eager to build. ...“Occupancies are down, values are down, expenses are up,” Wilson said ” Reference: www.al.com
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Alabama’s largest Starbucks coming to Huntsville Autograph Collection Hotel

Alabama’s largest Starbucks coming to Huntsville Autograph Collection Hotel

...coming to the Rocket City.
The cafe will be situated in the $40 million Autograph Collection by Marriott, which will be built at the southwest corner of the reconstructed parking garage on Monroe Street across from the Von Braun Center’s Propst Arena.

Reference: www.al.com

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