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Tuesday, June 3, 2008

Redstone Technology Park


This is a 420-acre retail/office/hotel development at 565 and Research Park Blvd. on the edge of Redstone Arsenal. It is on the EUL (Enhanced-Use Lease) land set aside for commercial development. Redstone Technology Park is being developed by Jim Wilson and Associates, a Montgomery-based developer that was involved in Riverchase Galleria in Hoover and more recently, The Avenue Carriage Crossing, a lifestyle center in Collierville, TN, a suburb of Memphis. The first phase, according to the site plan above and a PDF flyer on the developer's website, will include:
  • 100,000 sq. ft. of retail space (meaning no "big-box" stores)
  • Six outparcels, probably for restaurants
  • A 150-room hotel
  • One or two office buildings
Future phases of the project could include another hotel and more office space. When the project is completed, there will be up to 2-4 million sq. ft. of office space, according to the flyer.

3 comments:

Lee S. said...

I'm getting a 404 error on the PDF link.

James V. said...

I relinked the PDF, and it seems to work now.

Anonymous said...

How much revenue could this add to the economy and how many people would become employed by constructing this project?