Magic City Marketplace: Stunted Downtown Growth?
Birmingham’s received a lot of attention for its downtown revival with more apartments and a grocery store slated to open in the next couple of years. But that has some business types warning that growth could be stunted because of the city’s taxes. That’s where we start with this week’s Magic City Marketplace.
Birmingham is big business and small. But whatever the size of the operation, the marketplace is connected by people who have to grapple with numbers and projections and spin. We try and slice through the psychobabble that can be business news with a weekly discussion of who's up and who's down, why the market reacts a certain way or what a business closing or opening means to you.
Many economic development groups in Alabama consider infrastructure such as roads, bridges and railways essential for spurring growth and jobs. But when it comes to assessments of the state’s infrastructure, Alabama scores poorly. That’s where we start the conversation in this week’s Magic City Marketplace.
University of Alabama fans are pulling for a win in tonight’s national college football championship game in Phoenix. Meanwhile, Auburn University finished its season much closer to home in the Birmingham Bowl last month. This year’s bowl game drew almost 60,000 to Legion Field. That’s something city leaders cheered, but they also put a lot of money into the game. We talk about that this week’s Magic City Marketplace.
With 2015 in the books, a new year lies ahead with hopes and possibilities. To kick off another year of Magic City Marketplace, Birmingham Business Journal editor Cindy Fisher Crawford explains what to watch for in 2016 as it relates to Alabama’s business community.
Drive along First Avenue North, just on the other side of the railroad tracks from Regions Field downtown, and you might notice Innovation Depot. This is a business incubator that’s done a lot in recent years to spur entrepreneurship in Birmingham. But it’s actually part of a larger innovation district. Most people haven’t heard of Birmingham’s innovation district, but some city boosters say it is finally ready to take off. We talk about that in this week’s Magic City Marketplace.
Alabama has seen at least seven presidential candidates make stops in the state. Much of the credit for raising Alabama’s profile on the campaign trail is given to the fact the state banned together with other southern states to hold their primaries on March 1st. It’s been dubbed the SEC primary. While candidates are seeing votes, they’re also seeking donors. That’s where we start in this week’s Magic City Marketplace.