Alabama not growing at near the speed of the rest of the South
The South is growing at a breakneck pace, but Alabama is just along for the ride. The Yellowhammer State added around 15,500 people between 2018 and 2019, according to new data from the U.S. Census Bureau. That’s a 0.3 percent increase – the 26th fastest rate of growth in the United States. That raw total is the 20th largest gain in the nation from 2018 to 2019, and significantly less than the listed attendance for this week’s rain-delayed Ticketsmarter Birmingham Bowl. – AL.com
Ingalls Shipbuilding receives $453M U.S. Navy contract
A shipyard on the Mississippi Gulf Coast has been awarded a $453 million contract to provide support to U.S. Navy cruisers and destroyers. The Department of Defense contract for Ingalls Shipuilding calls for planning yard design services for existing Ticonderoga-class cruisers and Spruance-class destroyers, the Mississippi Press reported. – AP
State to share in $520M military vehicle repair contract
AECOM has secured a $520 million task order to provide services related to maintenance, repair, overhaul, modification and upgrade of military vehicles and other equipment at various U.S. Army locations. The company secured the order under the TACOM Strategic Services Solutions contract. It will offer the services at Red River Army Depot, Anniston Army Depot, Sierra Army Depot and Rock Island Arsenal. AECOM’s task order comprises a base year and two one-year options. – Army Technology
Two Birmingham apartment complexes sell for $21 million
Two apartment properties – including a cornerstone of downtown Birmingham – sold recently for a combined $21 million. Newmark Knight Frank Multifamily said Jemison Flats, which includes 23,000 square feet of commercial space, and Pawnee Square, a 72-unit complex, have sold. Senior Managing Directors Bo Flurry and Justin Uffinger of the Newmark Knight Frank’s Birmingham office represented the seller in both transactions. – AL.com
This $2.7M beach house comes with two kitchens
A Louisiana investor paid $2.775 million for an 11 bedroom, 11.5 bath gulf-front house in Gulf Shores, according to Realtors. The 9,600-square-foot, four-story house features 100 front feet on the Gulf and is one of the largest gulf-front houses to sell in Gulf Shores. The furnished house was built in 2006 and grosses more than $350,000 a year in rentals, with amenities including a hot tub on the main living balcony, a saltwater and heated pool, a media room, two kitchens and numerous large balconies. – AL.com
