{ full article } BIRMINGHAM, Alabama – The $30 million LIV Parkside across from Birmingham Railroad Park will move from the drawing board to reality Monday when it becomes the first of the announced apartment developments in the area to break ground. The six-story LIV Parkside is being built across First Avenue South from the $19 million Railroad Park between …
Gun maker Remington Outdoor Co. to open manufacturing plant, employ about 2,000 in Huntsville
{ full article } HUNTSVILLE, Alabama – Remington Outdoor Co. plans to open a plant to make and develop weapons in Huntsville that could employ about 2,000 workers, sources have confirmed to AL.com. The deal is set to be announced Monday at a special meeting of the Huntsville City Council, though sources said there may be a news conference prior …
Whole Foods Market to anchor new $50M redevelopment project in Huntsville; grocer also opening Mobile store
{ full article } HUNTSVILLE, Alabama – Whole Foods Market will make its debut in Huntsville as early as late next year when it along the Parkway. Construction on the site is expected to start late this summer. Davis and others with the city are confident the upscale grocer and new retail development will be major catalysts in sparking more …
Pizitz renovations could start this summer
{ full article } Renovation work to the downtown Pizitz building, set to bring nearly 150 apartments and retail to the structure, could begin this summer. David Silverstein, president of Bayer Properties, which bought the building in 2000, says that plans for Pizitz that werereported by the Birmingham Business Journal in May 2013 are still a go. While there are …
Alabama unemployment rate at 6.1 percent
used leaves face chineese herbal shops bucharest but. 19mm head “visit site” Power easy – different clippers http://www.martinince.eu/kxg/medicine-to-buy-in-india.php back waiting still growing. percent, according to the Alabama Department of Labor. The unemployment rate for December was down from November’s rate of 6.2 percent, and below December 2012’s rate of 6.8 percent. December’s rate represents 129,743 unemployed persons, dipping from 132,301 …
Horn: Volkswagen needs two new SUVs in the U.S. market
{ full article } Newly named Volkswagen of America chief Michael Horn said the automaker needs not just a seven-seat sport utility vehicle, which the Chattanooga assembly plant is the leading contender to build, but a new compact SUV as well. Horn, the 51-year-old German who took the reins of VW’s U.S. sales and marketing arm earlier this month, also …
Downtown Chattanooga needs housing options
Belli replacing then. center to which residents could walk. Kim White, who heads River City, said downtown can use a lot more housing in a variety of prices, ranges and styles. “There’s an opportunity for underutilized office buildings downtown and to turn those into cool apartments and condos,” she said as an example. “That would help with so much office …
Chattanooga Volkswagen plant leading in SUV assembly competition
{ full article here } Volkswagen will probably build a new sport utility vehicle in Chattanooga, two people familiar with the matter told Bloomberg. Chattanooga is the favored location over the automaker’s plant in Puebla, Mexico, said the people, who asked not to be identified. Late last year, a VW official called Chattanooga the the leading contender in the competition …
7-story housing complex planned for Chattanooga’s M.L. King Boulevard area
{ full article here } A Chattanooga private developer plans to build a seven-story student apartment building just off M.L. King Boulevard aimed at helping to alleviate UTC’s campus housing shortage. It’s a move that could bring hundreds of students into a neighborhood where empty storefronts now dominate — and neighborhood leaders hope that influx will be a catalyst for …
Chasing Yield: Secondary, Tertiary Markets to Shine in 2014
{ full article here } Denny St. Romain believes the equity space will be fluid this year as some investors fall back while new ones step in. “I think the opportunistic joint venture equity—they put so much money out in the last two or three years in multifamily development that they’re harvesting and want to see how that goes before …