Mobile Area Residential Sales Up 24.9% in February Mobile Area residential sales reached 281 units in February, an improvement in sales growth of 24.9 percent from last February. Year-to-date, residential sales through February are up a healthy 9.5 percent....... Click on the link below for Full Story: http://blog.al.com/acre/2013/03/mobile_area_residential_sales.htmlRead All
.......on the eve of a historic announcement Late Sunday, a group of European business executives and Alabama political leaders gathered in a second-floor suite at the historic Battle House Hotel in Mobile. There, as a scorching summer sun sank over the city's downtown, Airbus President Fabrice Bregier raised a glass of champagne in salute to his hosts. Welcome to Mobile, he said, my American home. The toast was returned by Mobile's Governor, who will stand with Bregier today and announce a project that could forever alter the city's economic fortunes. Airbus is planning to construct a $600 million aircraft assembly plant at the Brookley Aeroplex, giving the Toulouse, France-based company its first production center on U.S. soil and vaulting Mobile into an elite group of cities that manufacture large airplanes. The plant will produce A319, A320 and A321 aircraft and employ 1,000 full-time workers at full capacity, according to an internal briefing document obtained by the Press-Register. Construction began in 2013 and created an estimated 2,500 jobs over a two-year period to build the plant. Aircraft assembly began in 2015, with first delivery from the Mobile plant in 2016. Airbus anticipates the plant will produce 40 to 50 aircraft per year by 2017. Sunday, on the eve of the announcement, an entourage of Airbus officials mingled at the Battle House with guests including U.S. Sen. Richard Shelby, U.S. Sen. Jeff Sessions and U.S. Rep. Jo Bonner, among others. Representatives from the company's major suppliers and customers also traveled to Mobile to participate in the event, along with former Gov. Bob Riley, U.S. Rep. Jeff Miller of Florida and David Bronner, the head of the Retirement Systems of Alabama. Mobile police and hotel security teemed throughout the lobby, ushering media members and curious guests away from the party. Local TV crews, stationed on the Royal Street sidewalk, trained their cameras on the hotel's main entrance. Invited guests at the reception dined on seared scallops, loin of Kobe beef and fois gras roasted fingerling potatoes, according to several in attendance. Bentley, in remarks to the group, said the project could have the same impact on Alabama as Mercedes-Benz. The German automaker in 1993 announced plans to build an auto assembly plant in Vance, Ala., its first production site outside of Europe and the first auto plant in Alabama. The Mercedes plant opened a wave of new investment from suppliers and other related businesses, and was followed by Honda and Hyundai, who later opened assembly plants in Lincoln and Hope Hull, respectively. Alabama, which never produced a car before 1997, is on pace to become the nation's No. 3 automaker in the next few years. For Mobile, the Airbus announcement was a victory born in the ashes of defeat. The port city never fully recovered from a four-decade-old decision by the Department of Defense to shut down Brookley, a former Air Force base that drove the local economy. There was more heartbreak in recent years. On Feb. 24, 2011, the U.S. Air Force announced it was picking Boeing Co. over EADS for a contract to build a new fleet of refueling tankers. That decision, after a fierce, five-year war for the contract, was a bitter disappointment to EADS and to Mobile, which had hoped to win the work building the new planes. One week later, EADS announced it would not challenge the decision, killing plans for a $600 million plant at Brookley that would have built tankers and Airbus A330 freighters. To view the actual article and other related articles AL.com, click on the link below: http://blog.al.com/live/2012/07/airbus_toasts_mobile_on_eve_of.htmlRead All
Have a look at what we are building. Now in Tower Place, Summerglen, Tanager and Hartsfield Station the new homes will be built to include many more custom features. CHECK IT OUT!!!Read All
In a continuing effort to provide the best communities in the best areas, we proudly announce the addition of Tanager in Spanish Fort. This wooded development is surrounded by nature while conveniently located close to the interstate and central to shopping, golf and the beach. This one of a kind development is located on Jimmy Faulkner Drive, formerly HWY 181, between Spanish Fort High School and Spanish Fort Middle School. It is in the Rockwell Elementary school district and in the city limits of popular Spanish Fort. Tanager is a smaller Estate community with large lots nestled in a woodland setting. Sibley Creek, a free flowing waterway runs along the communities common area and along the back of some of the premium lots. Don't wait to find your perfect home site. Call 251-345-1200 to schedule an appointment for a showing.Read All
According to Moody's Economy at www.economy.com, Mobile County will have the fastest growing economy over the next five years among all 363 American metropolitan areas, growing 34.31 percent from 2007 through 2012. The $3.7 billion ThyssenKrupp AG steel mill, Austal USA's continued growth in shipbuilding, Northrop Grumman/EADS airplane assembly plants are credited for this projected growth. Forbes also mentions the city's port and highway access as positives. According to the survey, Huntsville, Auburn-Opelika and Gulfport-Biloxi, are nearby metropolitan areas that could be among the nation's hottest growth areas. "Being at the top of this list is the best third-party endorsement we could ever receive. This proves that our economy is on a roll and continues to be recognized by investors throughout the world." said Bill Sisson, the Mobile Area Chamber of Commerce's vice president for economic development. Click on the link for more detail from Al.com: http://blog.al.com/live/2008/02/mobile_no_1.htmlRead All
(All information gathered is private.)
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