Moody approves $100 million development
The Moody City Council has approved an agreement with Tuscaloosa developer Stan Pate to build a $100 million development. The city approved about $65 million in incentives for the project, which will encompass 200,000-250,000 square feet along Moody Parkway. – AL.com
Birmingham engineering firm acquired
Texas-based engineering firm Shermco Industries has acquired Birmingham’s R3L Engineering. R3L specializes in power delivery systems in industrial settings. – PR Newswire
Highland Associates has new head
Paige Daniel has been named head of Highland Associates, a Birmingham-based subsidiary of Regions Financial Corp. Highland Associates serves the investment needs of not-for-profit health care entities and mission-based organizations. – Business Wire
Vista at Councill Square opens in Huntsville
Vista at Councill Square, a six-story, 332-unit multifamily apartment complex in downtown Huntsville, has opened. The complex was developed by the Rockefeller Group and T2 Capital Management. – Rockefeller Group
