News Summary
The Stadium Commons project in Huntsville is set to complete its retail and office spaces by summer 2024. The $145 million mixed-use development, by Parkway Vesta, aims to stimulate the local economy by providing new dining and retail options. With a new parking deck and confirmed tenants like Hattie B’s Hot Chicken, the project is well on its way to becoming a community hub, with further developments planned for the future, including a hotel and residential spaces.
Huntsville’s Stadium Commons Development Nearing Completion with New Retail and Office Spaces
The Stadium Commons project in Huntsville, a $145 million mixed-use development near Joe Davis Stadium, is on track for completion of its retail and office spaces by the end of summer 2024. Developed by Parkway Vesta, LLC, and involving Crunkleton Real Estate Group, this ambitious project aims to enrich the local economy and provide residents with new dining and retail options.
A significant aspect of the project is a new parking deck being constructed adjacent to the stadium, which will provide 408 parking spaces. Of these, 300 spaces will be leased by the city for $10.5 million, ensuring ample parking for visitors to the area. The development’s location was previously occupied by the Hollywood 18 movie theater and Century Plaza office space, paving the way for a transformation aimed at invigorating the local community.
Currently, the first confirmed tenant for Stadium Commons is Hattie B’s Hot Chicken, a popular restaurant that aims to draw food enthusiasts and football fans alike. Additional tenants are expected to be announced as construction progresses. The project is designed to cater to the Huntsville City Football Club’s fan base and provide a vibrant space for dining and retail.
Future Developments
Looking ahead, there are plans for future phases of the Stadium Commons project, which may include the addition of a hotel and multifamily residences. Initial phases are projected to be completed by Spring 2026, enhancing the area’s appeal and attracting more visitors and residents.
Community Impact and Economic Benefits
The City Council is optimistic regarding the potential for the Stadium Commons project to generate additional sales tax revenue for Huntsville. By creating a bustling environment with more retail and dining options, the development is expected to stimulate local economy growth. The involvement of experienced contractors, such as Brasfield & Gorrie, who lead the construction efforts, adds to the confidence in the project’s successful realization.
Brasfield & Gorrie has already received 10 building permits totaling nearly $52 million for various projects in North Alabama, showcasing their expertise in large-scale developments. Notable previous projects include a $25 million office building at Redstone Gateway, a gym for the Alabama School for Cyber Technology, and high-profile structures completed last year, including the 352-unit Stella at Five Points mixed-use development and an $80 million Federal Courthouse.
Conclusion
As construction continues, the Stadium Commons project is set to become a significant landmark in Huntsville, bolstering the area’s economy and enhancing the entertainment and retail landscape. With committed developers and contractors, the project is positioned to thrive and cater to the needs of the local community.
Deeper Dive: News & Info About This Topic
HERE Resources
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Stadium Commons Development Near Joe Davis Stadium Progresses
Additional Resources
- AL.com: Stadium Commons Development Progressing
- WAFF: Stadium Commons Project Brings More Retail and Housing Options
- Huntsville Business Journal: Hattie B’s Hot Chicken to Open First Location
- Google Search: Stadium Commons Huntsville
- Encyclopedia Britannica: Huntsville
