News Summary
Construction on the North Valley development in north Huntsville is set to begin this summer, promising a blend of residential housing and retail businesses. Developed by IMS Communities, the first phase, Beacon Place, will provide over 800 one-story apartment homes with modern amenities. The initiative aims to create a community hub at a strategic intersection, enhancing local economy and meeting housing demands amidst Huntsville’s construction boom.
North Huntsville
Construction on the North Valley development in north Huntsville is set to commence this summer, marking a significant step forward for the area. The development will be situated at the intersection of Highway 53 and Blake Bottom Road, and it is anticipated to include a blend of residential housing and retail businesses.
This week, Crunkleton Commercial Real Estate announced the launch of North Valley, which is being developed by IMS Communities. The company has secured the necessary financing for construction, with Beacon Place being the first phase of residential development within the North Valley project. Construction is projected to start this month, bringing over 800 one-story apartment homes to the community.
Beacon Place is designed with modern amenities, featuring private garages and EV (electric vehicle) charging stations at every unit. The design philosophy for Beacon Place is informed by successful developments across ten communities in the Southeastern United States, showcasing the trend towards sustainable living spaces.
Development Details
In addition to residential units, the North Valley development will incorporate commercial out-parcels at its strategic intersection, which is expected to attract a variety of retailers and businesses. IMS Communities is actively seeking partnerships with big-box retailers as well as regional and national brands for the retail aspect of the development, signaling an effort to create a comprehensive community hub for both living and shopping.
Crunkleton Commercial Real Estate has been tasked with leading the leasing efforts for the retail space within North Valley, ensuring that the project meets the diverse needs of residents and visitors alike. This integrated approach aims to enhance the local economy and provide amenities within immediate reach of the community.
Context and Significance
The announcement of North Valley development comes at a time when Huntsville is experiencing a construction boom. In the past year alone, over 6,500 apartment units were completed in the Huntsville metro area, a figure that matches the total number of apartments delivered there from 2008 to 2020. This rapid growth highlights the area’s increasing demand for housing and its appeal as a destination for new residents.
City Urban and Economic Development Director Shane Davis has indicated that further major developments are expected in northern Huntsville, particularly as the Northern Bypass is currently under construction. This infrastructure project is predicted to significantly encourage growth in the region, making it more accessible and attractive to families, professionals, and businesses alike.
As North Valley moves forward with its plans, it represents not only a significant investment in residential and commercial development but also reflects a broader trend of growth and expansion in the Huntsville area. With an overall investment portfolio of over $500 million and more than 2,500 units already completed by IMS Communities, the North Valley project is poised to further enhance the living and economic landscape of north Huntsville.
As construction begins this month, residents and stakeholders will be keenly observing the development’s progress, anticipating the benefits that a mixed-use community will bring to the area.
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Additional Resources
- Hville Blast: North Valley Development
- AL.com: Major North Huntsville Development
- Huntsville Business Journal: New Retail Development
- Google Search: Northern Bypass Huntsville
- Encyclopedia Britannica: Urban Development
Author: STAFF HERE HUNTSVILLE WRITER
The HUNTSVILLE STAFF WRITER represents the experienced team at HEREHuntsville.com, your go-to source for actionable local news and information in Huntsville, Madison County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Panoply Arts Festival, Rocket City Brewfest, and Huntsville Comic & Pop Culture Expo. Our coverage extends to key organizations like the Huntsville/Madison County Chamber of Commerce and HudsonAlpha Institute for Biotechnology, plus leading businesses in aerospace, defense, and manufacturing that power the local economy such as Boeing, SAIC, and Mazda Toyota Manufacturing. As part of the broader HERE network, including HEREBirmingham.com, we provide comprehensive, credible insights into Alabama's dynamic landscape.
