THE SHOPS AT REDSTONE GATEWAY

Huntsville, Alabama

REDSTONE GATEWAY IS A MIXED-USE, MASTER-PLANNED BUSINESS PARK LOCATED ON A 470-ACRE TRACT OF LAND AT THE ENTRANCE TO REDSTONE ARSENAL. WITHIN THIS DEVELOPMENT IS THE SHOPS AT REDSTONE GATEWAY, A CONVENIENCE CENTER WITH 80,000 SQUARE FEET OF RETAIL SHOP SPACE AND SIX OUTPARCELS, PROJECTED TO OPEN IN FALL 2016.

Highlights

Cross Streets: I-565 and Rideout Road

Interstate Access: I-565

Market: Huntsville, AL

Type of Center: Convenience

Total Gross Leasable Area: 80,000 sf of retail shop space plus six (6) outparcels in Phase 1

Projected Opening: Fall 2016

The Development: Redstone Gateway is a mixed use, master planned business park on Redstone Arsenal.  Located on a 470-acre tract of land at the entrance to Redstone Arsenal, Redstone Gateway, upon build-out, will include over 4 million square feet of office space, including education facilities, two hotels, retail shop space, and restaurants in a corporate campus environment marked by Class A office buildings, extensive landscaping and park venues.  This multi-year build-out will be completed in phases that includes office, retail and hospitality components with over 400,000 sf of office space built and occupied.

Major Employers: U.S. Army / Redstone Arsenal, NASA / Marshall Space Flight Center, Huntsville Hospital System, The Boeing Company, Huntsville City Schools

Market Information

  • The Shops at Redstone Gateway, located on Redstone Arsenal, presents an ideal setting  to serve those companies working with the U.S. Army and other government-based operations on Redstone Arsenal.
  • Huntsville, Alabama is geographically near the center of the southeastern United States, with more than 4 million people within a 100-mile radius.
  • Redstone Arsenal has a daytime population of 32,000.
  • Huntsville is home to the University of Alabama at Huntsville and Alabama A&M University, as well as several extension campuses for schools including the Georgia Institute of Technology, Athens State University, Florida Institute of Technology and Embry-Riddle Aeronautical University.
  • Huntsville is one of the Top 30 fastest growing major metro’s in the country. – U.S. Census, March 2014
  • Forbes named Huntsville one of the Top 20 Leading Metros for Business; Kiplinger’s Personal Finance named Huntsville one of the country’s Top 10 Cities for Raising Families; and the U.S. Census 2010 showed Huntsville to be Alabama’s second largest metropolitan area.

Demographics

Demographics 5 Mi. Radius 10 Mi. Radius 20 Mi. Radius 10 Min. Drive Time 15 Min. Drive Time 20 Min. Drive Time
2015 Population 97,947 260,595 453,878 66,494 162,200 244,304
2020 Projected Population 101,377 271,568 474,219 68,157 167,363 254,631
2015 Average Household Income $64,810 $78,462 $77,265 $58,807 $68,966 $77,313
2015 Households 41,904 108,128 181,845 29,608 69,168 101,731

Location

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