Huntsville named the Country’s Leading Metro for Consumer Lending Growth - Wall Street Journal, March 30, 2009
HUNTSVILLE 57 Fortune 500 Companies Leading Employers
Huntsville, Alabama, boasts the highest per capita income in the State of
US Army/Redstone Arsenal
Alabama. The city is home to Cummings Research Park, the second largest
NASA/Marshall Space Flight Center
research and technology park in the United States and fourth largest in the
Huntsville Hospital System
world. The park is the heart of the region’s dynamic and growing high-tech
The Boeing Company
and aerospace industries. Redstone Arsenal and NASA’s Marshall Space Flight
Center are the region’s two largest employers. In addition, there are 57 Fortune
500 companies in Huntsville/Madison County. With the recent addition of the Hudson Alpha Institute, the area is becoming known for biotechnology advancements as well.
Huntsville named one of the Country’s Top 5 Cities for Defense Jobs - Forbes, April 2009
About the Region: The BRAC Factor North Alabama is one of the fastest growing areas in the nation, due in large part to the influx of jobs being created by the most recent Base Realignment and Closure Act (BRAC) that is moving the US Army’s Missile Defense Agency to Huntsville’s Redstone Arsenal. The projected BRAC growth is 19,700 jobs and an increase in population of 37,000 for the region. Combined with the corresponding contractor company growth to the area, the total is 33,000 jobs and a population of 70,000 mostly in Madison (Huntsville), Morgan (Decatur), and Limestone (Athens) Counties.
Lockheed Martin opens battle management test facility at Huntsville (Aug. 2010) Salaries related to the 2005 BRAC will generate $460 million in GDP each year statewide, including $375 million in this area. (Aug. 2010) Home sales hold steady locally (Sept. 2010) Huntsville ranks No. 7 in list of Area Development’s attractive business locations (Nov. 2010)
COST OF LIVING
Economic Growth Drives Success
“The BRAC act that’s bringing several commands to Redstone Arsenal is a ‘catalyst’ for even more growth here,” Col. Hamilton, garrison commander. (Dec. 2010)
Avg HH Income
Per Capita Income
Dynetics expansion will create 350 jobs (Oct. 2010)
Huntsville No. 3 on Milken’s list (Oct. 2010) Recent citations in the Huntsville Times
About The Ridge on Burleson Mountain Development Are you looking for the perfect place for your next development? The Ridge is located in one of the fastest growing regions in the nation. It’s a 15- to 20minute drive from Redstone Arsenal where thousands of jobs are being created by the Base Realignment and Closure act. The 165-acre property – with flat to gently rolling meadows and lakes – sits atop Burleson Mountain and features one half mile of breathtaking views of the Tennessee Valley. The site is one mile from the Burningtree Golf Course and Country Club and is adjacent to the Wheeler National Wildlife Refuge, a 35,000-acre refuge along the banks of the Tennessee River. The Ridge has been approved for over 400 lots. All municipal utilities, including sanitary sewer, are available. Development work could begin almost immediately and the property is being offered for sale or co-development for less than $20,000 per acre.
The Ridge Preliminary Design
Huntsville cited as America’s New Federal City - Government Executive Magazine August 2010 Decatur named one of the Best Places to Retire - USNews.com
Redstone Gateway Office Park, a $1 billion commercial and retail development at the edge of Redstone Arsenal, is under construction. - Huntsville Times August 2010
Put Your Next Development Where Technology Reigns in North Alabama The Ridge development is located within the city limits of Decatur, Alabama. Situated on the banks of the Tennessee River, this city of 56,000+ residents combines the warmth of a small town with the conveniences of a larger metropolitan area. An award-winning school system, exceptional sports and recreational facilities, an active arts community, and its proximity to Huntsville make Decatur an attractive area for development.
General Electric will invest $43 million at its Decatur plant to create a center for top-freezers and “green manufacturing.”
The 2010 opening of phase one of the Robotics Technology Park at Calhoun College in Decatur is playing a pivotal role in industry and educational opportunities for the region. United Launch Alliance, Nucor Steel, GE and 3M are strong corporate citizens in Decatur that continue to invest in Decatur.
DECATUR/MORGAN COUNTY 18 Fortune 500 Companies Leading Employers General Electric
United Launch Alliance, which builds Atlas and Delta rockets, is capable of building 40 rockets a year at its plant in Decatur.
United Launch Alliance
Decatur is the only school system in Alabama with the International Baccalaureate Diploma Program at both the middle and high school levels.
• Decatur’s elementary, middle, and high schools all have award-winning robotics teams. •
The Environmental Learning Center is a unique partnership between public schools and industry; the Center focuses on the area’s wetlands as well as other ecosystems.
About Duckworth Morris Realty Joe B. Duckworth, CPM Joe Duckworth is a successful business leader from Tuscaloosa, Alabama, who has worked in the development field for more than 40 years. He is the owner and president of Duckworth Morris Realty Company, Inc. The three-generation firm specializes in residential and commercial development as well as property management. The firm has been known for quality, professionalism and service for more than 125 years.
For more information,
call Joe B. Duckworth, Sr.
Duckworth-Morris Real Estate