Market & Location
Huntsville’s Regional Strength & National Recognition
Huntsville is a beacon of technology & innovation not only regionally, but nationally as well. It has the highest concentration of PHDs in the US, brought here by the wave of aerospace, technology, and government organizations that have built major headquarters around the city. State & local officials have done an incredible job offering incentives to these groups to build this legacy. Projects like MidCity & UMusic Row, supported by public incentives, further this practice that will continue to support Huntsville's growth.
Major Employers
These firms & organizations all have significant presence in the Huntsville area.
Auburn University Research and Innovation Campus
Auburn University Research and Innovation Campus
MidCity District
MidCity District
NASA
NASA
Cummings Research Park
Cummings Research Park
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Hudson Alpha Institute
Hudson Alpha Institute
Cummings x Redstone Arsenal
Cummings x Redstone Arsenal
State Department
State Department
Northrop Grumman
Northrop Grumman
Army
Army
Boeing
Boeing
Raytheon
Raytheon
Mazda Manufacturing Plant
Mazda Manufacturing Plant
Toyota Manufacturing Plant
Toyota Manufacturing Plant
Blue Origin
Blue Origin
Athens
Athens
US Space and Rocket Center
US Space and Rocket Center
Bridge Street Town Center
Bridge Street Town Center
Huntsville
Huntsville
Decatur
Decatur
Research Park Blvd
Research Park Blvd
Alabama A&M University
Alabama A&M University
University of Alabama Huntsville
University of Alabama Huntsville
Oakwood University
Oakwood University
Colombia High School
Colombia High School
University Dr
University Dr
Market Details
The immediate Huntsville MSA has a population of over 500,000 residents, experiencing 19% growth over the last 10 years. Over the same period, the City of Huntsville has grown from the 4th largest city in Alabama in 2010 to the largest city in the State by 2021. As of July 2022, the unemployment rate in the Huntsville MSA was 2.6%, well below the overall US rate of 3.8%. According to Moody’s Analytics, since 2000, Huntsville employment has grown 34%, a robust pace compared to the US rate of 9%. Huntsville is consistently ranked as a top city to live & work.
+1.3 Million Population
The Tennessee Valley/North Alabama region comprises 13 counties with over 1.3 million population with one of the fastest-growing, strongest economic engines in the U.S.
45,000+ New Tech Jobs
Huntsville Metro is home to the Redstone Arsenal, which is a garrison for tenants across the Department of Defense, Department of Justice, and NASA, and the Cummings Research Park, the 2nd largest research park in the U.S., with a combined workforce that exceeds 100,000.
Top Place to Live & Work
Huntsville is consistently recognized among the best places to live and work and is home to a highly educated, internationally diverse, and affluent population.
MidCity District: An Acclaimed Affinity District
MidCity District is a meticulously planned $2.2 billion mixed-use district, designed to foster social interaction and community engagement. Situated at the heart of Tennessee Valley's tech hub, it features a dynamic mix of amenities, from fitness and recreation to vibrant neighborhoods. Key attractions include a 40-acre park, Orion Amphitheater, Topgolf, and Trader Joe’s. Over $600 million in private investment has flowed into MidCity, which already hosts 600 residential units, with 660 more underway, signifying its growing appeal and vibrancy.
$2BN Development
140 Acres Mixed-Use
40 Acre Park
Lake, Kayak, Trails
1,800 Units
Multifamily Residential
950 Rooms
Flagged & Boutique Hotels
8,000 Capacity
Award Winning Amphitheater
1. The Camp
2. Trader Joe’s
3. Top Golf
4. REI Co-op
5. High-point Climbing
6. Metronome
7. Encore Living
8 . Orion Amphitheater
9. Nola Building
10. Anthem House
11. Hotel Indigo
12. Wellory Living
13. Tempo Hotel
14 . Apollo Foundation
15 . UMusic Hotel
16 . Auburn Culinary School
