The Weekly Wrap – October 4, 2024

October 4, 2024

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Development

Completed: Capstone Building Corp., a Birmingham-based general contractor, has announced the successful completion of Arcadia, a $56.8 million luxury apartment development in Huntsville’s Cummings Research Park. 

Read More: HBJ (potential paywall) September 27, 2024

Real Estate

Cooling Trend: A report by the Alabama Association of Realtors indicates a cooling trend for real estate as mortgage rates drop. 

Read More: HBJ  (potential paywall) September 30, 2024

Government

Approved: The City of Huntsville’s city council approved Mayor Tommy Battle’s $328 million budget with no changes.

Read More: AL.com (paywall) September 27, 2024

Hosting: Huntsville will host multiple NCAA national championships in the coming years, according to the Huntsville Sports Commission. 

Read More: WHNT October 2, 2024

Defense

Contracted: Teledyne Brown Engineering has been selected by NASA to provide Earth observation data and services under a new indefinite-delivery/indefinite-quantity contract with a potential value of up to $476 million.

Read More: HBJ (potential paywall) September 27, 2024

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