REDSTONE GATEWAY
Overview
REDSTONE GATEWAY IS A 470-ACRE MULTI-USE OFFICE PARK DEVELOPMENT IN HUNTSVILLE, ALABAMA. IT IS A JOINT VENTURE BETWEEN COPT DEFENSE PROPERTIES AND JIM WILSON & ASSOCIATES, LLC.
Our Services
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Commercial Real Estate
Highlights
- 2012
- Year Opened
- 4.6 Million SF
- Development Capacity
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 sf of office space, including education 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.
Major Employers: U.S. Army / Redstone Arsenal, NASA / Marshall Space Flight Center, Huntsville Hospital System, The Boeing Company, Huntsville City Schools
Market Information
- 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 41,000.
- 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.
- Huntsville is the second largest city in the state. – U.S. Census 2020.
- 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 |