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, WITH 40,000 SF OF RETAIL SHOP SPACE PLUS OUTPARCELS, FREE-STANDING SITES AND BUILD-TO-SUIT OPPORTUNITIES.
Highlights
Cross Streets: I-565 and Rideout Road
Interstate Access: I-565
Market: Huntsville, AL
Type of Center: Convenience
Total Gross Leasable Area: 40,000 sf of retail shop space plus outparcels, free-standing sites and build-to-suit opportunities
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 41,000.
- 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 the largest city in the state. – U.S. Census 2020
- Huntsville is home to Huntsville International Airport, Monte Sano State Park, Big Springs International Park, the U.S. Space and Rocket Center, Marshall Space Flight Center, Huntsville Botanical Garden, the Von Braun Center and the Alabama Constitutional Village.
- U.S. News & World Report named Huntsville No. 2 as 2024 Most Affordable Places to Live; Trulia listed Huntsville as one of the top “Best Places to Live” for America’s New Tech Hubs; and the U.S. Census 2020 showed Huntsville to be Alabama’s 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 |
---|---|---|---|---|---|---|
2024 Population | 101,689 | 309,387 | 543,373 | 63,090 | 147,932 | 229,263 |
2029 Projected Population | 112,364 | 338,935 | 597,011 | 71,166 | 163,976 | 250,652 |
2024 Average Household Income | $92,923 | $119,060 | $119,404 | $76,591 | $95,023 | $109,478 |
2024 Households | 45,937 | 130,984 | 221,860 | 29,902 | 68,316 | 99,772 |