STOVEHOUSE HUNTSVILLE, ALABAMA
ABOUT THE PROJECT Stovehouse 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.
THE LOCATION 3414 Governors Drive SW Huntsville, AL 35805 34.720872, -86.612751 ABOUT THE AREA 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.
PROPERTY HIGHLIGHTS 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. AREA STATISTICS average daytime business population Downtown Huntsville Huntsville Hospital Cummings Research Park Redstone Arsenal 34,000 20,000 30,000 36,000-40,000 TRAFFIC COUNT Average Vehicles Per Day On Governors Dr: ± 28,500
DEVELOPMENT SITE MAP I-565 HUNTSVILLE DECATUR HWY E 3RD AVENUE NW 8TH STREET NW 808 21,092 SF 4,493 SF 4,979 SF 4,731 SF 10,040 SF 11,143 SF 16,226 SF 999 5,820 SF 9TH STREET NW 4TH AVENUE NW 2,580 6,758 SF 10,434 SF 1,750 1,586 1,586 7,191 SF 1,599 7,026 SF 5,875 SF 1,995 SF 2,076 SF 2,263 SF 3,944 SF GOVERNORS DRIVE SW VPD = ± 28,500
MAP OF PROPERTY S LOCATION STOVEHOUSE RESEARCH PARK DOWNTOWN HOSPITAL TRAVEL TIMES REDSTONE ARSENAL DOWNTOWN HUNTSVILLE HUNTSVILLE HOSPITAL LOWE MILL RESEARCH PARK REDSTONE 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)
RETAIL MAP OF THE AREA STOVEHOUSE
THE GREATER HUNTSVILLE TRADE AREA HUNTSVILLE, ALABAMA 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. DEMOGRAPHICS 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 COLLEGE & UNIVERSITIES 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. BUSINESS & INDUSTRY 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) REDSTONE ARSENAL 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. CUMMINGS RESEARCH PARK 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.
256.536.8809 515 Fountain Row Suite 1100 Huntsville AL 35801 Wesley B. Crunkleton, CPM wesley@crunkletonassociates.com