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STOVEHOUSE HUNTSVILLE, ALABAMA

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Page 1: STOVEHOUSEimages2.loopnet.com/d2/slRA0_DnU1a9nSsp9zGhrDU3z5Xow18x37… · Lowe Mill ARTS & Entertainment, Research Park, Redstone Arsenal, and Huntsville Hospital. • Within walking

STOVEHOUSEHUNTSVILLE, ALABAMA

Page 2: STOVEHOUSEimages2.loopnet.com/d2/slRA0_DnU1a9nSsp9zGhrDU3z5Xow18x37… · Lowe Mill ARTS & Entertainment, Research Park, Redstone Arsenal, and Huntsville Hospital. • Within walking

ABOUT THE PROJECTStovehouse is Huntsville’s largest, carefully curated work, play, eat, drink and events complex. The development will house concert halls, collaborative workspaces, boutique shopping, restaurants, cafés, multi-purpose wellness spaces, and more. Only minutes away from Huntsville’s most high-traffic areas, Stovehouse will blend small-town culture and innovative urban energy in the historic Martin Stove building.

Page 3: STOVEHOUSEimages2.loopnet.com/d2/slRA0_DnU1a9nSsp9zGhrDU3z5Xow18x37… · Lowe Mill ARTS & Entertainment, Research Park, Redstone Arsenal, and Huntsville Hospital. • Within walking

THE LOCATION

ABOUT THE AREA

3414 Governors Drive SWHuntsville, AL 3580534.720872, -86.612751

• Stovehouse is located within walking distance of Campus 805, the South’s premiere brewery and entertainment venue that features craft breweries, restaurants, catering, bars, retail, and entertainment venues. A popular spot for young professionals, Campus 805 is at the heart of Huntsville’s urban core.

• Only minutes away from Downtown Huntsville, Stovehouse is near dozens of local restaurants, bars, designer loft apartments, historic neighborhoods, museums, theatres, sports arenas, art galleries, music venues, and community events. The area draws thousands of visitors each month, making it the hub of Huntsville’s live, work, and play community.

• Lowe Mill ARTS & Entertainment, the largest privately owned arts facility in the United States, is only one mile away. The former cotton mill houses 148 working studios, 200 artists, and an atmosphere that supports local art, entertainment, and culture.

Page 4: STOVEHOUSEimages2.loopnet.com/d2/slRA0_DnU1a9nSsp9zGhrDU3z5Xow18x37… · Lowe Mill ARTS & Entertainment, Research Park, Redstone Arsenal, and Huntsville Hospital. • Within walking

PROPERTY HIGHLIGHTS

AREA STATISTICS

Downtown Huntsville

Huntsville Hospital

Cummings Research Park

Redstone Arsenal

Average Vehicles Per Day On Governors Dr:

• Centrally located within minutes of Huntsville’s most visited high-traffic areas—Downtown Huntsville, Lowe Mill ARTS & Entertainment, Research Park, Redstone Arsenal, and Huntsville Hospital.

• Within walking distance of Campus 805, Huntsville’s premiere brewery and entertainment campus.

• Located within the historic Martin Stove Building.• Collaborative workspaces, private offices, and

conference rooms for dynamic companies and individuals.

• 2,200+ capacity performance hall.• Plentiful space for events, indoor-outdoor

weddings, conferences, receptions and more. • Spaces for boutique shopping, fitness, restaurants,

small-batch brewers and artisans.

TRAFFIC COUNT

average daytime business population

34,000

20,000

30,000

36,000 - 40,000

± 28,500

Page 5: STOVEHOUSEimages2.loopnet.com/d2/slRA0_DnU1a9nSsp9zGhrDU3z5Xow18x37… · Lowe Mill ARTS & Entertainment, Research Park, Redstone Arsenal, and Huntsville Hospital. • Within walking

DEVELOPMENT SITE MAP

3RD AVENUE NW

GOVERNORS DRIVE SW VPD = ± 28,5009T

H S

TREE

T N

W

4TH AVENUE NW

21,092 SF808

9994,493 SF

5,820 SF

10,434 SF6,758 SF

1,995 SF

2,076 SF

2,263 SF

3,944 SF7,026 SF

1,750

1,586

1,586

1,599

7,19

1 SF

5,87

5 SF

2,58

010

,040

SF

4,979 SF 4,731 SF

16,2

26 S

F

11,1

43 S

F

I-565 HUNTSVILLE DECATUR HWY E

8TH

STR

EET

NW

Page 6: STOVEHOUSEimages2.loopnet.com/d2/slRA0_DnU1a9nSsp9zGhrDU3z5Xow18x37… · Lowe Mill ARTS & Entertainment, Research Park, Redstone Arsenal, and Huntsville Hospital. • Within walking

MAP OF PROPERTY’S LOCATION

STOVEHOUSE

TRAVEL TIMES

DOWNTOWN HUNTSVILLEHUNTSVILLE HOSPITALLOWE MILLRESEARCH PARKREDSTONE ARSENAL

4 min (1.3 miles) 5 min (1.9 miles)

3 min (1.1 miles)8 min (7.4 miles)8 min (2.8 miles)

RESEARCH PARK

REDSTONE ARSENAL

DOWNTOWN

HOSPITAL

Page 7: STOVEHOUSEimages2.loopnet.com/d2/slRA0_DnU1a9nSsp9zGhrDU3z5Xow18x37… · Lowe Mill ARTS & Entertainment, Research Park, Redstone Arsenal, and Huntsville Hospital. • Within walking

RETAIL MAP OF THE AREA

STOVEHOUSE

Page 8: STOVEHOUSEimages2.loopnet.com/d2/slRA0_DnU1a9nSsp9zGhrDU3z5Xow18x37… · Lowe Mill ARTS & Entertainment, Research Park, Redstone Arsenal, and Huntsville Hospital. • Within walking

THE GREATER HUNTSVILLE TRADE AREA

For more than 200 years, beautiful Huntsville, Alabama, nestled in the foothills of the Appalachian Mountains has attracted tourists, transfers, retirees and young professionals seeking opportunities of big city with small town hospitality. Home to NASA’s Marshall Space Flight Center, state-of-the-art medical facilities and the second largest research park in the United States, Huntsville has been nicknamed “The Rocket City”.

Redstone Arsenal and NASA have over 7 million SF of office and research facility with 32,000 daytime employees and a budget of over $100 billion. Agencies include: U.S. Army Materiel Command, Aviation & Missile Command and Space & Missile Defense Command as well as NASA Marshall Space Flight Center. Through BRAC (Base Realignment and Closure) over 5,000 new jobs have moved to Huntsville.

Encompassing 3,843 acres housing over 285 companies and more than 25,000 employees and a payroll of over $1.4 billion per year, Cummings Research Park (CRP) is the 2nd largest research park in the U.S. and the 4th largest in the world.

• Average household income: $76,941 (MSA)• Population: 451,749 (MSA)• Households: 180,308 (MSA)• 4th highest average salary of any MSA in the Southeast• Highest concentration of engineering degrees in the Nation• MSA = Limestone & Madison Counties

Home to the University of Alabama in Huntsville, Alabama A&M University & Calhoun Community College, Huntsville has a student population of over 18,000 students.

• Huntsville is one of the Top 30 fastest growing major metro’s in the country (US Census, March 2014)• Huntsville is among the top 10 Most promising U.S. Tech Hubs to watch in 2014 (Techie.com, January 2014)• Huntsville named one of the Best Places to Live (Livability, October 2013)• Huntsville 4th for Growth Potential (Business Facilities, August 2013)• CNN Money ranks Madison County No. 7 in the country of a great place to live and find a job (August 2013)• Huntsville named one of Forbes Top 20 Leading Metros for Business (Forbes, July 2011)

HUNTSVILLE, ALABAMA

REDSTONE ARSENAL

CUMMINGS RESEARCH PARK

DEMOGRAPHICS

COLLEGE & UNIVERSITIES

BUSINESS & INDUSTRY

Page 9: STOVEHOUSEimages2.loopnet.com/d2/slRA0_DnU1a9nSsp9zGhrDU3z5Xow18x37… · Lowe Mill ARTS & Entertainment, Research Park, Redstone Arsenal, and Huntsville Hospital. • Within walking

Wesley B. Crunkleton, CPM [email protected]

256.536.8809 • 515 Fountain Row Suite 1100 Huntsville AL 35801