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Virtuoso Living to Build Three-story Clubhouse

A west Huntsville development is stepping up its game in the housing industry.

JCF Living, developers of Virtuoso Living, will build a three-story clubhouse – the first of  its kind in the Southeast. This state of the art building will be in addition to its current clubhouse. 

The clubhouse will feature an entertainment area, rooftop lounge, beautiful city views, a resort-style pool, a luxury fitness center, and a coffee bar.

The unique community considers its apartment units as “Housements” – the patented concept features one-story buildings with private driveways, curbside mailboxes and front and back yards, among others. The community includes a resort style pool, community activity center, and on-site maintenance. There are some 400 Housements planned for Virtuoso.

The community is on Rockcrest Drive, just off Capshaw Road near Providence Main Street and Research Park Boulevard.

“We are excited to work with Huntsville on this elaborate project,” said John Fitzmaurice, CEO of JCF Living. “Coming  into this, I knew Housements would be a game changer for the rental  industry, but I never could have anticipated the demand for more Housements at such a rapid rate.

“We want to build a rental community unlike any other, and I believe this is the catapult to move us forward.”

The new clubhouse will include three floors of activities. It will feature an entertainment  area, rooftop lounge, beautiful city views, a resort-style pool, a luxury  fitness center, and a coffee bar close to the leasing office. 

“Huntsville is an innovative city, and we’re honored to bring such an  innovative concept here,” Fitzmaurice said. “If we are going to make a long-term impact on  the rental industry as a whole, we need to keep moving forward. This is  just the beginning for us.”

Westward, Ho! Anthem Apartments and Cottages Join Growing Area of Huntsville

Coming soon to growing west Huntsville, a rental community that graciously merges country living with easy access to the best that Huntsville-Madison County has to offer.

Birmingham-based Capstone Building Corp., in partnership with developers EYC Cos. and The Kalikow Group, are developing Anthem Apartments and Cottages, a $67 million, multifamily community in Huntsville.

“It’s a pretty interesting concept,” said Michael Henrickson, vice president of Preconstruction and Estimating for Capstone. “It’s at the corner of Johns Road and Plummer Road. It’s in a great location with a lot of the new growth that’s going on in Huntsville.”

Once completed, the 40-acre property will consist of 406 units: 14 apartment buildings with 312 units, 94 single-family cottages with 48 stand-alone garages. The apartments and cottages are one-, two- and three-bedrooms. The new community will feature front porches that face onto community greens, along with park-like design elements interspersed throughout the property.

“The concept is a little different,” said Ellis Coleman for EYC Companies. “It’s a large site, There’s a lot of open area.

“We’re putting the cottages on one side of the property and the apartments on the other.”

The living space is roomy, too. Apartment sizes range from 757 square feet for the one-bedroom apartments up to 1,300 square feet for the three-bedroom units. The cottage sizes range from 694 square feet to 1,485 square feet.

The finished apartment units and the cottages will have 10-foot ceilings, LED lighting, energy-efficient gas appliances, quartz countertops, and high-quality vinyl flooring. Other amenities will include two saltwater pools, firepit terraces, a dog park, a playground, an herb garden, and more.

“We are building with the end user in mind,” said Coleman. “It will be very park-like when we finish, with lots of open space, sitting areas, and walking trails.”

The groundbreaking took place in July.

“We are a month ahead of schedule and are moving quickly,” said Coleman.

March 2022 is the targeted completion timeframe but some units will be available sooner.

“We have a 21-month schedule from July,” said Henrickson. “We have what we call a ‘phased turnover,’ so, in about 16 months, we’ll have the first apartment building ready to rent.

“We really pay attention to quality of life, so we want the new tenant to have a good experience. It’s going to be a lovely community when it’s done. The developer has really paid attention to ‘How do I make this feel like a home?’”

U.S. Department of Transportation Awards $9.26M for Blake Bottom Road Widening Project

U.S. Secretary of Transportation Elaine L. Chao today announced that the Trump Administration will award $9.26 million to Madison County for the Blake Bottom Road Widening Project.

The award is part of some $900 million in American infrastructure projects through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants program.

“The administration is targeting BUILD Transportation grants to repair, rebuild, and revitalize significant infrastructure projects across the country,” Chao said.

The project in Madison County will widen approximately 2.5 miles of Blake Bottom Road from two lanes to five lanes from Research Park Boulevard to Jeff Road.

By adding a travel lane in each direction, drainage improvements, and sidewalks, the project seeks to reduce crashes and more safely accommodate traffic increases expected from the separate Research Park Boulevard-Blake Bottom Road interchange project currently underway. 

Fiscal Year 2019 BUILD Transportation grants are for investments in surface transportation infrastructure and have been awarded on a competitive basis to projects with a significant impact in their local or regional communities. BUILD funding supports roads, bridges, transit, rail, ports or intermodal transportation.  

4 area shopping centers purchased

Reflecting investors’ confidence in the Huntsville area economy, four shopping centers were recently purchased, according to Newmark Knight Frank, a commercial real estate advisory firm.

The four deals – Highway 53 Centre in Huntsville, Hazel Green Shoppes, Hazel Green Centre and Hartselle 31 Centre – are valued at more than $13 million and encompass 84,616 square feet of premium retail space.

NKF Senior Managing Directors Drew Fleming and Mark Joines, and Associate Henry Kushner represented Athens-based Ming Enterprises in all four transactions. Ming Enterprises, a commercial real estate development and brokerage company, is operated by father and son team, Bill and William Ming.

In the last year alone, several economic development projects were unveiled across the region that represent more than 6,000 new jobs and $4.1 billion in growth. Major employers expanding or relocating in metro Huntsville include Mazda-Toyota Manufacturing, Facebook, Google, GE Aviation and Aerojet Rocketdyne.

“The successful disposition of these four properties exemplifies the investor appetite for e-commerce resistant, un-anchored strip shopping centers located within markets that exhibit strong demographics and job growth,” said Fleming. “Strip centers have become a top choice for private capital seeking both yield and stability, and we anticipate healthy growth across this entire retail portfolio as North Alabama’s economy continues to expand and flourish.”

Ming Enterprises sold the 43,000-square-foot Highway 53 Centre at the intersection of Alabama 53 and Research Park Boulevard to a private buyer. The center is 100 percent leased to tenants Edward Jones, ALFA Insurance, ABC Liquor and other service-oriented uses.

The area boasts a combined traffic count totaling more than 40,000 cars per day, and is a major thoroughfare for commuters who work at Redstone Arsenal and Research Park.

In Hazel Green, Ming Enterprises sold the 30,500 square-foot Hazel Green Shoppes and the 6,212-square-foot Hazel Green Centre.

Hazel Green Shoppes on U.S. 231 was completed in 2017 and is 100 percent leased to anchor tenants Dollar Tree, Hibbett Sports and Verizon Wireless.

Hazel Green Centre, across the highway from Hazel Green Shoppes and in the same parcel as the Walmart Supercenter, was completed in 2015 and is 100 percent leased to tenants Arby’s, AT&T, Great Clips and Papa Murphy’s pizza.

In Hartselle, Ming Enterprises sold the 4,904-square-foot Hartselle 31 Centre, which was built in 2017. It is 100 percent leased to Arby’s, Great Clips and Papa Murphy’s pizza.