INQUIRIESREDSTONE GATEWAY IS A 470 ACRE MULTIUSE OFFICE PARK DEVELOPMENT IN HUNTSVILLE, ALABAMA. IT IS A JOINT VENTURE BETWEEN COPT DEFENSE PROPERTIES AND JIM WILSON AND ASSOCIATES, LLC.
Highlights
Cross Streets: I-565 and Rideout Road
Interstate Access: I-565
Market: Huntsville, AL
Type of Center: Office Park
Initial Opening: 2012
Major Employers: U.S. Army / Redstone Arsenal, NASA / Marshall Space Flight Center, Huntsville Hospital System, The Boeing Company, Huntsville City Schools
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.
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 32,000.
- 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.
- 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 2020 showed Huntsville to be Alabama’s second largest metropolitan area.
Demographics
| Demographics | 10 Mi. Radius | 20 Mi. Radius | 30 Mi. Radius | 10 Min. Drive Time | 15 Min. Drive Time | 20 Min. Drive Time |
|---|---|---|---|---|---|---|
| 2022 Population | 95,020 | 298,627 | 525,390 | 70,894 | 162,240 | 257,647 |
| 2027 Projected Population | 97,680 | 309,629 | 550,125 | 72,689 | 167,973 | 265,798 |
| 2022 Average Household Income | $73,237 | $86,960 | $84,017 | $62,198 | $74,910 | $84,982 |
| 2022 Households | 41,816 | 124,227 | 211,787 | 32,452 | 71,882 | 108,587 |
Location
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