Here is today's summary of economic development news, a free service of the Economic Development Partnership of Alabama, representing Alabama's private sector investment in economic development.  If you enjoy NewsFlash, thank an EDPA Partner.


In this issue:

BBA: Birmingham added 3,000 jobs, $1.2 billion in capital investment in 2015
By Michael Tomberlin

New and expanding industry invested a record high $1.2 billion in the metro area in 2015, the Birmingham Business Alliance revealed at its annual chairman's luncheon today.

Announced economic development projects will amount to 3,000 new jobs before this year ends, said Brian Hilson, CEO of the BBA. Hilson said the BBA researched past years and the $1.2 billion in announced new investment has never been reached before.

"It's the biggest year this community has ever had," he said.


3 industrial parks are fiber ready
By Bernie Delinski Staff Writer | 
December 16, 2015

FLORENCE - Florence Mayor Mickey Haddock looked out Tuesday at a crowd that squinted to block the bright sunshine from their eyes.

Despite the mostly sunny day, Haddock's focus was on a cloud.

"It is not a black gloomy cloud, and it is not a fully white cloud," Haddock said.
He said the cloud is a mass of technology that AT&T brought to Florence-Lauderdale Industrial Park, Shoals Research Airpark in Muscle Shoals and Rogersville Business Park.


ACREcon 2016 aims to elevate Alabama's commercial real estate industry
By Bryan Davis
Alabama's commercial real estate industry is looking to go higher during 2016.

Whether it's higher sales, higher paying tech jobs or a higher sense of well being, the CRE industry can expect to level up over the next 12 months, following the Alabama Center for Real Estate's 16th annual Commercial Real Estate Conference & Expo.

ACREcon 2016 will take place on Jan. 29 at the Cahaba Grand Conference Center in Birmingham.


Auburn named top 10 performing small cities in America
By Andrew McDevitt
 Dec 15, 2015 

AUBURN, AL (WTVM) -Football polls are one thing, but now, the Auburn-Opelika area is ranked the 10th best performing small city in the nation - with Auburn named to the Milken Institutes Best Performing Cities list for the second year in a row.

The city is home to the 11th best job growth rate in the country. 

"It is really about economic development and jobs, and the local economy, which we see a lot of those rankings here," said David Dorton, the Director of Public Affairs for Auburn. 


Gulf restoration projects land $21M in funding
Ryan Phillips Digital Producer Birmingham Business Journal
Dec. 16, 2015

Representatives for Alabama Gulf Seafood and other conservation officials this week announced $21 million in new funding for Gulf restoration projects in Alabama.

The funds will help continue efforts to accelerate the recovery of ecosystems impacted by the Deepwater Horizon oil spill in 2010, according to a release from Alabama Gulf Seafood.
The funding comes from the National Fish and Wildlife Foundation (NFWF), and will be used on five priority conservation projects. This includes a $12.5 million grant to expand and enhance an artificial reef, the goal of which is to improve habitats for coastal Alabama fish species.


Join Our Mailing List