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Showing posts from March, 2023

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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Four tornadoes confirmed in north Alabama | No word on any emergency assistance from Biden admin

Four tornadoes confirmed in north Alabama An EF-2 tornado touched down near Hartselle at 12:23 a.m. and was on the ground for 6 minutes. It covered 13.5 miles in that time. It was 175 yards wide with speeds reaching 115 miles per hour. One person was killed in this storm. An EF-1 tornado was confirmed in... Reference: www.waff.com
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Data: Huntsville is the second most expensive place to rent in Alabama

Data: Huntsville is the second most expensive place to rent in Alabama And if you live in Huntsville, you’re paying more for rent on average than residents in every major Alabama city except one... According to the rental index, Huntsville residents paid an average of $1,519 a month as of Jan. 31. ... Reference: www.al.com
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Poarch Band of Creek Indians company inks $217 million deal to provide NASA communications

Poarch Band of Creek Indians company inks $217 million deal to provide NASA communications The contract with PCI Productions LLC , a Huntsville company, and its partners in “Team Creek” is worth $217 million if all options are exercised. It is a support contract meaning the company supports or helps write and produce NASA centers’ communications releases. But it could expand to sharing NASA stories, videos, and other information directly to the public, NASA said. “This type of a contract is not new for the tribe,” Poarch Band spokeswoman Kristin Hellmich said. “They have a division that is called PCI Federal Services .” Reference: www.msn.com
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Trash Pandas Wrap Up Incredible 2022 Season

Rocket City Trash Pandas Wrap Up Incredible 2022 Season Rocket City leads Southern League in attendance, wins in second season. The Trash Pandas played a full 138-game Southern League slate in 2022, finishing with the best record in the Southern League at 81-57 to earn the team’s first playoff berth. The most meteoric team in Minor League Baseball brought an unrivaled fan experience to Toyota Field, with a team-centered product on the diamond that gave Rocket City ... Reference: Minor League Baseball
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ICE locks up ‘approximately 30’ illegal immigrants in northern Alabama

ICE locks up ‘approximately 30’ illegal immigrants in northern Alabama United States Immigration and Customs Enforcement (ICE) was busy this week, arresting illegal immigrants in Alabama. ...the raids largely happened in the area of Drake Avenue and Patton Road in Huntsville. Illegal immigrants who are captured go to the DeKalb County Jail and are then transferred to Louisiana. Reference: yellowhammernews.com
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Madison DA office: Court records tell the whole story in city councilman’s theft case

Madison DA office: Court records tell the whole story in city councilman’s theft case Devyn Keith told voters recently that 2023 theft charges against him were not accurate. The Madison DA’s office pushed back on that claim. ... Keith pleaded guilty in August 2023 to two of the four theft charges he faced for allegedly stealing 31 different items from Walmart stores on four different occasions, according to court records. Keith is currently in a runoff, and facing an uphill battle to hold his council seat, against school board member Michell Watkins. ... documents tell the story,” Gann said. “It’s that simple.” Reference: www.alreporter.com
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