Ivey signs economic development legislation; Homewood council approves Brookwood Village plan; Construction Partners acquires Tennessee companies; University of Mobile inaugurates president

Alabama Gov. Kay Ivey signed legislation creating the Alabama Development Fund, which will provide funding for the state’s economic development efforts.

Ivey signs economic development legislation

Alabama Gov. Kay Ivey signed legislation creating the Alabama Development Fund, which will provide funding for the state’s economic development efforts. The initiative will become effective on June 1, 2026.  – Made in Alabama

Homewood council approves Brookwood Village plans

The Homewood City Council has approved a plan to convert the former Belk space at Brookwood Village into a facility for Andrews Sports Medicine, an orthopedic clinic. The development received unanimous approval. – Bham Now

Construction Partners acquires Tennessee companies

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Dothan-based Construction Partners, which specializes in the construction and maintenance of roadways, has acquired PRI of East Tennessee, an asphalt manufacturing and construction business, and Pavement Restorations Inc., a pavement preservation business. Both are located in Tennessee. – PR Newswire

University of Mobile inaugurates president

The University of Mobile held an inauguration Thursday for its new president, Dr. Charles W. Smith Jr. Smith is the university’s sixth president. – News 5

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