Market Information
Total Page:16
File Type:pdf, Size:1020Kb
Market Information n 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. n Huntsville, Alabama is geographically near the center of the southeastern United States, with more than 4 million people within a 100-mile radius. n Redstone Arsenal has a daytime population of 32,000. n 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 Location Georgia Institute of Technology, Athens State University, n Located at Gate 9 of Redstone Arsenal at the Florida Institute of Technology and Embry-Riddle intersection of Interstate 565 and Rideout Road. Aeronautical University. n Huntsville is served by U.S. Highways 72, 231 and 431, n Huntsville is one of the Top 30 fastest growing major and linked to I-65 by Interstate 565. metros in the country. - U.S. Census, March 2014 n Birmingham, Alabama 100 miles n Forbes named Huntsville one of the Top 20 Leading n Nashville, Tennessee 110 miles Metros for Business; Kiplinger’s Personal Finance n Atlanta, Georgia 200 miles named Huntsville one of the country’s Top 10 Cities n Memphis, Tennessee 219 miles for Raising Families; and the U.S. Census 2010 showed Huntsville to be Alabama’s second largest metropolitan area. THE SHOPS AT REDSTONE GATEWAY MARKET INFORMATION The Center Trade Area/Demographics 40,000 square feet of retail shop space plus outparcels, free- standing sites and build-to-suit opportunities DEMOGRAPHICS 5 Mile 10 Mile 20 Mile 2017 Population 68,720 261,628 470,048 2022 Projected Population 73,153 275,721 491,391 The Development 2017 Avg. Household Income $62,697 $83,027 $82,000 Redstone Gateway is a mixed-use, master-planned business 2017 Households 31,064 111,887 192,238 park on Redstone Arsenal. Located on a 470-acre tract of land at the entrance to Redstone Arsenal, Redstone Gateway, DRIVE TIME 10 Minute 15 Minute 20 Minute upon build-out, will include over 4 million square feet of 2017 Population 89,612 207,068 294,159 2022 Projected Population 95,277 218,865 309,690 retail shop space and restaurants in a corporate campus office space, including educational facilities, two hotels, 2017 Avg. Household Income $59,460 $78,394 $83,419 landscaping and park venues. This multi-year build-out 2017 Households 40,643 89,186 124,265 environment marked by Class A office buildings, extensive • hospitality components with over 400,000 square feet of • Redstone Arsenal’s daytime population is 41,000. will be completed in phases that includes office, retail and Average traffic entering Gate 9 is 21,000 cars / day. office space built and occupied. Contact Information Major Employers Woody Rush n U.S. Army / Redstone Arsenal Senior Vice President of Leasing n NASA / Marshall Space Flight Center 334 260 2524 t 334 260 2535 f n Huntsville Hospital System [email protected] n The Boeing Company n Huntsville City Schools A joint venture development between Corporate Office Properties Trust and Jim Wilson & Associates, LLC. THE SHOPS AT REDSTONE GATEWAY GENERAL INFORMATION/DEMOGRAPHICS THE SHOPS AT REDSTONE GATEWAY AERIAL / RETAILERS Redstone Gateway Master Plan We’re creating an amenity-rich environment with multiple product types to meet your current and future needs. NORTH SECURED CAMPUS Goss Road 1000, 1100, 1200 2100 Rideout Road 4000/4100 Market Street Secured Office Redstone Gateway Apex Road y a w e t a G d BOEING CAMPUS THE SHOPS AT REDSTONE GATEWAY UNDER CONSTRUCTION FUTURE e r u c GATE 9 (RELOCATED) e S TOWNEPLACE SUITES BY MARRIOTT Rideout Road ENTRY INTO REDSTONE ARSENAL y a w e 7200, 7400 Redstone Gateway t a G 2100 e on st ed Market Street Ascent Way R PHASE II PHASE III 4000 4100 ay w e t PHASE I a G d e c y n a va w d e t A a DRS TECHNOLOGIES G e n to ds Re 7100 565 MULTI-STORY OFFICE SINGLE-STORY OFFICE Resolute Way RETAIL / HOTEL SECURED CAMPUS COMMERCIAL CAMPUS THE SHOPS AT REDSTONE GATEWAY MASTER PLAN THE SHOPS AT REDSTONE GATEWAY LEASE PLAN THE SHOPS AT REDSTONE GATEWAY STOREFRONTS Limestone County (Partial) Madison County Tennessee Veto Cedar Roseboro Hill Elkwood Alabama Steele Crossing Pettusville Holland Fairview Gin Fisk Skinem Plevna 127 Pine Bobo Woodfin Mill Dale New Sharon Charity Ln. Mint Spring Carter Grove Morris Joe Quick Rd. Keys Crossroads Locke Crossroads Bethel d. Union Hillsboro stone R Mill Browns Lime Grove est Elkmont Corner W Hazel Five Ln. Murphy Hill Rd. r Oak Grove Points ke Thatch Green l Winchester Rd. a Dan W Sulphur Pulaski Pike Grimwood Rd. Springs Old Railroad Bed Madison New Crossroads Market Pisgah Toney Hays Patterson Lane Fannings Mill Stegers Cross Key Crossing Store Gladstone Buckhorn Mt. Lebanon Piney 431 Chapel To Nashville Hoover53 Deposit Alabama Sardis Harvest 231Meridianville St. Clair Store Fork Springs Copeland Pulaski Pike 251 Jordan Lane Bob Wade Ln. Greenfield Cluttsville d. Jeff R Moores ter Mill es Bell Factory 99 Oakdale nch Athens Wi Three Jeff Rd. Forks Fairview Clarkdale Hwy. Triana Wall Mt. Fairmont 255 Carmel Wigginsville Monrovia East Normal Limestone Capshaw Rd. Old MonroviaOld Rd. Chase Monrovia Pulaski Pike Capshaw Pike Nebo Vaughn Ryland an r. Memorial Pkwy Ryland 72 Maysville French Corners rkm D 31 pa Mill S Brownsboro . d . 72 v d l Huntsville R B l Pratt Ave. o l Dogwood i n University Dr. a H Flats S g Oakland Rd. Slaughter te u n D Moontown Tanner Peets Corner o Balch Rd. M Burgreen Gin G Anderson overno W r Hughes Rd. s Plantation Research Park Blvd. D Jones Hwy. Triana Wall h i r Crossroads Parker t . Doug Hill Old Madison Pike e s Sublett b Gurley u Mill Murphree County Line Rd. 20 r Little Cove Rd. Beulah g Place Salem Land Corner Redstone C 565 ar Haden Madison Arsenal l T Greenbrier Rd. Greenbrier . J Old HwyGreenbriar 20 o 431 65 n e . s Orville Rideout Rd. d Memorial Pkwy Memorial D B Mooresville Rd. Mooresville R Big Cove n a ti r . Belle r i a l Bibb Garrett Mina M e Old 431 Hwy Harris Oakland y Tennessee River C Huntsville o Berkley Weatherly Rd. v International e Whiteside Airport R d . Sweetwater . Moorseville d Patton Rd. 231 R d d Cedar o Point D Cave Swancott Farley Spring Decatur Buxton Rd. Green Cove Rd. Morgan County New Owens Poplar Wall Street Ridge Hope er Crossroads Butler Triana iv Mill R Whitesburg Burrows ee ss Buggs e Chapel Nebo n To Birmingham n Norton e New Hope T Elon Hobbs Island Oak Grove Marshall County THE SHOPS AT REDSTONE GATEWAY HUNTSVILLE METRO AREA 35773 MEDIAN HOUSEHOLD INCOME BOB WADE LANE $80,000 & Over $70,000 - $79,999 53 $60,000 - $69,999 $50,000 - $59,999 35757 $40,000 - $49,999 NICK DAVIS RD. NICK DAVIS RD. 35810 JORDAN LANE 231 $30,000 - $39,999 35811 DOUGLAS RD. Less than $29,999 35749 431 WALL TRIANA HWY. TRIANA WALL 35806 JEFF RD. WINCHESTER RD. SHIELDS RD. BLAKE BOTTOM RD. POPULATION NANCE RD. 255 PULASKI PIKE 35 mile radius: 685,767 MEMORIAL PKWY Limestone County Madison County 50 mile radius: 1,016,712 CAPSHAW RD. PLUMMER RD. MASTIN LAKE RD. CAPSHAW RD. 72 ND PIKE OLD MONROVIA RD. Neighborhood Market Regional RYLA Market: 1,157,134 PROVIDENCE MAIN ST. MASTIN LAKE RD. SPARKMAN DR. 14 county region RESEARCH PARK BLVD. RESEARCH PARK UNIVERSITY DR. MEDIAN HOUSEHOLD OAKWOOD AVE. INCOME 35748 72 35816 The Shoppes of Madison SLAUGHTER RD. 35801 35 mile radius: $54,398 (Planned) ANDREW JACKSON WAY . D 50 mile radius: $51,362 R L L I H G U D Regional Market: $42,780 35758 14 county region BALCH RD. 35741 Source : ESRI GOVERNORS DR. HUGHES RD. WALL TRIANA HWY. TRIANA WALL BOB WALLACE 35756 OLD MADISON PIKE 35805 MILL RD. DRAKE AVE. LITTLE COVE RD. COUNTY LINE RD. COUNTY Redstone (Clearance Store) Gateway (Planned) RD. RIDEOUT The Shoppes at John Hunt Park AIRPORT RD. C (Planned) A R L T . J O N Valley Bend ES (Expansion) D LEDGES DR. R. WHITESBURG DR. For more information contact: 20 FOU R MILE POST RD. Ken Smith, Director 35808 B A Research & Information Services I L E SUTTON RD. OLD 431 HWY Y MEMORIAL PKWY MEMORIAL LILY FLAGG RD. C . O D V R Chamber of Commerce of E N I T R R A D . Huntsville/Madison County M 35802 431 225 Church Street Huntsville WEATHERLY RD. Huntsville, Alabama 35801 International Redstone Airport 35824 Arsenal 256.535.2026 231 [email protected] NTAIN OU G M A P R www.HSVchamber.org D . 35763 PATTON RD. January 2015 HOBBS RD. THE SHOPS AT REDSTONE GATEWAY AREA RETAIL HUNTSVILLE REGIONAL MARKET TRADE AREA (14 COUNTY REGION) TOTAL RETAIL SF BY MARKET 75 35 Miles 50 Miles Trade Area 35 Miles 50 Miles Trade Area Clarksville POPULATION Median Household Income ($) $54,398 $51,362 $50,438 PPopulation 661,343 987,655 1,126,580 Less than $15,000 38,846 64,302 76,112 81 Nashville 40 Projected Annual Growth 1.1% 0.9% 0.8% $15,000 to $24,999 32,243 50,410 58,994 Knoxville 40 $25,000 to $34,999 30,691 46,438 54,024 40 40 Male 338,501 501,425 568,941 $35,000 to $49,999 39,403 60,144 69,464 Murfreesboro 65 40 Female 347,267 515,288 588,193 $50,000 to $74,999 48,614 72,355 81,276 40 Jackson 40 $75,000 to $99,999 28,677 40,861 47,027 75 White Alone 513,539 801,106 913,431 $100,000 to $149,999 33,802 43,121 47,044 24 Black Alone 118,575 132,939 151,916 $150,000 to $199,999 14,311 16,904 17,752 Moore Asian Alone 10,866 12,435 13,420 $200,000 and Over 7,314 8,753 9,741Memphis Giles Franklin Lincoln Other 18,363 41,175 47,813 Chattanooga OCCUPATIONS (Pop 16+) Lauderdale Limestone Madison TOTAL RETAIL SF BY TYPE Florence Jackson Median Age 39.2 39.5 39.7 Management/Business/Financial 40,419 53,578 58,730 Athens Madison