"The Peaks" waiting on interchange approval

The Peaks at Southchase, a controversial lifestyle center/power center/residential development proposed by local developer Louis Breland and DeBartolo Development of Tampa, is waiting on approval for a new interchange at I-565 and Zierdt Road, where the new project is located. The 263-acre project caused controversy earlier this year because of a request to the Alabama Legislature to deannex the property out of Madison and annex it into Huntsville. The developers believed that Madison could not afford the infrastructure improvements needed for the 1.6M sq. ft development. The bill died, and Madison convinced the developers that they could afford such a large project.

Huntsville Times article: "Lifestyle center" still in works

As of now, The Peaks will include:

• A lifestyle center similar to Bridge Street and The Summit in Birmingham with approximately 55 stores
• A power center with big-box stores like Sam's Club, Target, and Home Depot (these aren't announced tenants, just good guesses) and a grocery store (Kroger?)
  
• Two hotels
• A 16-screen movie theater
• A residential development