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 32,000.
- 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 second largest city in the state. – U.S. Census 2020
- Forbes named Huntsville one of the Top 20 Leading Metros for Business; Kiplinger’s Personal Finance named Huntsville one of the country’s Top 10 Cities for Raising Families; and the U.S. Census 2010 showed Huntsville to be Alabama’s second 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 |
---|---|---|---|---|---|---|
2021 Population | 95,693 | 292,244 | 513,798 | 50,056 | 142,405 | 231,576 |
2026 Projected Population | 102,598 | 316,126 | 556,934 | 52,890 | 151,780 | 248,607 |
2021 Average Household Income | $74,681 | $87,282 | $84,456 | $51,739 | $72,714 | $83,846 |
2021 Households | 41,725 | 121,497 | 206,036 | 22,423 | 63,302 | 97,964 |