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Regional economic development group pitches spec buildings, housing study to Hamilton council
Summary
The regional economic development board told the Hamilton City Council it is prioritizing support for existing employers, a University of Alabama housing study and speculative industrial buildings to boost recruitment and capture time-sensitive projects.
A representative of the regional economic development board briefed the Hamilton City Council on strategic priorities that include supporting existing industry, completing a housing study with the University of Alabama, and pursuing speculative industrial buildings in three counties to attract manufacturers and expansions.
The board representative, identified in the record as Tom, said the group completed an initial market analysis with Innovate Alabama grant funds and carried out a windshield survey of housing conditions. Tom told the council that housing is a “high priority” for the board and that a fuller housing study being done by the University of Alabama will be shared with the council when available.
Tom said the board is focusing on so-called spec buildings — prebuilt industrial structures — as a recruitment tool and described options for…
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