Redstone Gateway
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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
Year Opened: Projected – Fall 2013
Major Employers: U.S. Army / Redstone Arsenal, NASA / Marshall Space Flight Center, Huntsville Hospital System, The Boeing Company, Huntsville City Schools
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 educational facilities, two hotels, retail shop space, including 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 with the initial phase projected to include office, retail and hospitality components.
- Redstone Gateway, located on Redstone Arsenal, presents an ideal setting for corporations 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, 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.
- BRAC (Base Realignment and Closure) 2005 transfers will result in:
- Population increases of 14.6% to 614,000 by 2010 and to 652,000 by 2015.
- An estimated $359 milion in military construction in the area.
- One time economic impacts of $1.4 billion in output, $388.5 million in earnings, and 10,472 direct and indirect jobs from 2006 to 2010 for the region.
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DEMOGRAPHICS |
5 MILE RADIUS |
10 MILE RADIUS |
20 MILE RADIUS |
10 MINUTE DRIVE TIME |
15 MINUTE DRIVE TIME |
20 MINUTE DRIVE TIME |
|---|---|---|---|---|---|---|
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Estimated Population 2011 |
82,223 |
250,470 |
439,563 |
85,810 |
176,002 |
251,555 |
|
Projected Population 2016 |
88,667 |
272,092 |
476,435 |
92,026 |
188,801 |
272,529 |
|
Average Household Income 2011 |
$58,855 |
$70,389 |
$67,072 |
$52,636 |
$65,112 |
$70,065 |
|
Households 2011 |
35,483 |
103,215 |
174,813 |
38,397 |
74,868 |
103,839 |
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Located at Gate 9 of Redstone Arsenal at the intersection of Interstate 565 and Rideout Road. Huntsville is served by U.S. Highways 72, 231 and 431, and linked to I-65 by Interstate 565 Birmingham, AL 99 miles |
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
Year Opened: Projected – Fall 2013
Major Employers: U.S. Army / Redstone Arsenal, NASA / Marshall Space Flight Center, Huntsville Hospital System, The Boeing Company, Huntsville City Schools
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 educational facilities, two hotels, retail shop space, including 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 with the initial phase projected to include office, retail and hospitality components.
