COPT Defense Properties Rings the Closing Bell at the New York Stock Exchange

COPT Defense Properties Rings the Closing Bell at the New York Stock Exchange

NEW YORK, NY  |  September 15, 2023 – COPT Defense Properties, our partners in Redstone Gateway, received the opportunity to ring the closing bell at the New York Stock Exchange today in celebration of their 25th listing anniversary.  We want to congratulate them on their new name and 25th listing anniversary.

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Redstone Gateway Fulfills Field of Dreams VisionAerial of Redstone Gateway

Redstone Gateway Fulfills Field of Dreams Vision

HUNTSVILLE, AL  |  August 30, 2023 -The city of Huntsville, an office park developer and the Department of the Army entered an agreement more than 10 years ago through an enhanced use lease on land at Redstone Arsenal to create a mixed-use office park.

The 468-acre Redstone Gateway – just outside Gate 9 — now has about 2.3 million square feet of space either built or under construction, according to James Lomax, the director of asset management and leasing for Corporate Office Properties Trust. A joint venture between Columbia, Maryland-based COPT and Montgomery-based Jim Wilson & Associates, LW Redstone LLC, is developing and managing the project.

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Remembering trustee Jim Wilson, an integral builder of the Alabama football dynasty

Remembering trustee Jim Wilson, an integral builder of the Alabama football dynasty

TUSCALOOSA, AL  |  August 10, 2023 – Nick Saban leaned forward slightly in the chair in his office to see the photo on the iPhone. Soon, he was grinning.

The smile wasn’t quite as big as the one in the photo, but he had a noticeable grin nonetheless. Saban couldn’t help it, thinking about the moment Jim Wilson III once lifted him in the air.

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Robins & Morton Completes Redstone Gateway BuildingBuilding at Redstone Gateway

Robins & Morton Completes Redstone Gateway Building

HUNTSVILLE, AL  |  August 8, 2023 – Robins & Morton has finished construction of Redstone Gateway 8100 in Huntsville.

The five-story, 125,000-square-foot office building, developed by Corporate Office Properties Trust, is located just outside Gate 9 at Redstone Arsenal.

“The addition of Building 8100 to the Redstone Gateway development brings another 125,000 square feet of Class A leasable square footage immediately adjacent to Redstone Arsenal and the Huntsville community,” said Stephen Flournoy, project director for Robins & Morton.

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How Huntsville’s $76 Million Office Park Investment is Paying OffThe main entrance sign to Redstone Gateway

How Huntsville’s $76 Million Office Park Investment is Paying Off

HUNTSVILLE, AL  |  July 30, 2023 – Thirteen years ago, the city of Huntsville agreed to invest $76 million in an idea.

Thirteen years later, that investment built the infrastructure for a mixed-use office park that is Redstone Gateway with more than 2 million square feet of occupied space and room for that square footage to more than double.

With the ratification by the city council Thursday, the city of Huntsville has completed its obligated work at Redstone Gateway. The work at the development, however, is far from over.

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FBI Considers Redstone Arsenal for New Headquarters LocationRedstone Arsenal Gate

FBI Considers Redstone Arsenal for New Headquarters Location

HUNTSVILLE, AL  |  July 11, 2023 -A new headquarters battle is playing out in Washington politics that puts Huntsville, Alabama squarely in the middle.

This is not in relation to the fight to relocate Space Command’s temporary headquarters. This is the fight of naming Redstone Arsenal as the FBI Headquarters.

Currently, the FBI considers Huntsville as its second headquarters or HQ2. The agency is searching for a new permanent home and House Judiciary Committee Chairman Jim Jordan is mandating that the FBI look at Huntsville to move up to the number one spot.

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Alabama claims Silver Shovel Award for 2022 economic development successes

Alabama claims Silver Shovel Award for 2022 economic development successes

MONTGOMERY, AL | June 7, 2023 – Governor Kay Ivey announced today that Area Development, a national business publication, has selected Alabama for its Silver Shovel Award, recognizing the state’s economic development successes during 2022.

The honor reflects record results for Alabama’s economic development team, with companies announcing new facilities and expansion projects involving $10.1 billion in capital investment last year.

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Montgomery, Alabama Ranks No. 1 as Most Affordable for Home Buyers

Montgomery, Alabama Ranks No. 1 as Most Affordable for Home Buyers

MONTGOMERY, AL | June 2, 2023 – As affordability becomes an even tighter squeeze, WalletHub has compared 300 U.S. cities across 10 metrics to find the most affordable places for home buyers. The study ranked Montgomery, Alabama, as the most affordable city for buyers.

The 10 metrics used to evaluate each city were housing affordability (median house price divided by median annual household income), maintenance affordability, average cost of homeowner’s insurance, cost of living, cost per square foot, real estate tax rate, rent-to-price ratio, median home price appreciation, quarterly active listings per capita, and vacancy rate.

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NEW PARK EXPANDS – ADDS 30 NEW RESIDENTIAL LOTSStone Tower at entrance of New Park

NEW PARK EXPANDS – ADDS 30 NEW RESIDENTIAL LOTS

MONTGOMERY, AL | June 1, 2023 – Construction and development is complete on the next phase at New Park.  New Park is a 1,110 acre master-planned community that began in 2008 with over 180 residential lots and has since grown to over 330 lots with development expansions in 2014 and 2016.  Now the development is growing again.  Developer, Jim Wilson & Associates, LLC (JWA) has expanded the residential project, to offer 30 additional new residential lots that allow customers to select beautiful, livable and affordable home designs.  Marketed by Jim Wilson & Associates, LLC (JWA), lots are now available for purchase.  Contact the New Park Sales Office (334-215-9215) for more information regarding lot reservations and builders.

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