City of Mobile Unveils $300 Million Regions Arena to Replace Aging Civic Center
The City of Mobile has demolished the old Civic Center and begun building the $300 million Regions Arena, a concert, sports and event venue set to open in early 2027.
Fitch Boosts Alabama Port Authority’s Credit Rating, Pointing to Financial Strength and Diversified Growth
Fitch Ratings upgraded the Alabama Port Authority's bond rating to "A-" with a stable outlook, citing stronger finances and growing revenue diversification beyond coal and steel.
Mobile Council Approves $61 Million Bond Package After Sharp Council Clash
The Mobile City Council approved a $61 million bond issue covering ThyssenKrupp obligations, an emergency radio system and the downtown Mardi Gras park, but the vote exposed a bitter clash…
Gulf Shores Approves $197 Million in Loans to Fund 10-Year Capital Improvement Plan
The Gulf Shores City Council signed off on two 20-year loans totaling $197 million, locking in financing for a sweeping 10-year capital improvement plan city leaders say is needed to…
Jefferson County’s Debt Crisis Threatened to Poison the Well for Every Alabama Borrower
As Alabama's largest county lurched toward what would be the biggest public bankruptcy in U.S. history, financial professionals warned that bond insurers had begun blacklisting the entire state, Mobile included.
Small Talk in Daphne: The Quiet Newcomer Who Toppled a Political Regime
Daphne's new mayor runs a convenience store, quietly bankrolls a Catholic school, kept every city official he inherited and says his only agenda is controlling the growth barreling toward the…