Laser Eye Center To Anchor The Old Huntsville Times Site

screen-shot-2016-11-22-at-2-52-37-pm-copyEarlier this month we announced that there is a new, proposed, mixed-used, retail/office development coming to the old Huntsville Times site at 2317 S. Memorial Parkway in Huntsville Alabama.

We are now excited to officially announce that the project is being developed by local physician Danny Lee and Danny Lee Realty.

“The immediate plan is to build a multiuse site that will include  office space, retail, and restaurants,” stated Lee when asked about the development.

As for tenants, Lee was excited to announce that the initial phase of the project will be anchored by the Laser Eye Center, where his team will be constructing a state of the art LASIK facility.

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Interested in joining the Laser Eye Center at this development? Contact Crunkleton Commercial Real Estate Group for more information on office or retail leasing opportunities by calling (256)536-8809.

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KADIE PANGBURN
MARKETING COORDINATOR
CRUNKLETON Commercial Real EState Group
KADIE@CRUNKLETONASSOCIATES.COM

New Proposed Development Announced For The Old Huntsville Times Site

Crunkleton Commercial Real Estate is excited to announce that there is a new, proposed, mixed-used, retail/office development for the old Huntsville Times site at 2317 S. Memorial Parkway in Huntsville Alabama!

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The development would contain roughly 53,000 total SF of office and retail space and be located adjacent to The Shops at Merchant’s Walk (Huntsville’s first Whole Foods anchored lifestyle center located at the intersection of Memorial Parkway and Bob Wallace).

With plans to host 20,000 SF of office space and 33,000 SF of retail space, the development would help to further solidify the area as one of the fastest growing retail corridors in the city.

Interested parties should contact Crunkleton Commercial Real Estate Group for more information on office or retail leasing opportunities within the development by calling (256)536-8809.
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Make sure you’re staying on top of the latest trends, newest developments and hottest new stores in Huntsville by subscribing to our weekly blog updates!

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KADIE PANGBURN
MARKETING COORDINATOR
CRUNKLETON Commercial Real EState Group
KADIE@CRUNKLETONASSOCIATES.COM

Take A Sneak Peek Inside The Avenue!

After starting construction last summer, The Avenue is set to complete construction next month and tenants are already lining up to get in. We stopped by this week to get a special sneak peek inside the complex, take a tour of one of the apartments and see all the amenities the building has to offer!

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The Apartments

Apartments at The Avenue range in size from 630SF – 1,890SF, with floorplans featuring up to 3 bedrooms and 2.5 bathrooms, each offers unique details, generous living space, the option for wood/carpeted or concrete floors, and 9, 10, 14 or 15 foot ceilings!

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The Indoor Common Areas

Inside the common areas, The Avenue feels like a resort-inspired community, featuring a state of the art fitness center and two spacious galleries complete with Wifi and flat screen televisions.

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The Outdoor Common Areas

The Avenue also features a large outdoor terrace complete with with a luxury pool, gourmet grills, outdoor fireplace, and a third outdoor gallery perfect for entertaining.

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If you’re interested in learning more about The Avenue, and finding out how you can join this brand new Downtown community, you can go online and explore the development further at www.avenuehuntsville.com or by calling (256)533-5885.

And if you’re interested in learning more about leasing retail space in the first floor of the development and joining businesses like Church Street Purveyor, you can give our office a call at (256)536-8809!

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Make sure you’re staying on top of the latest trends, newest developments and hottest new stores in Huntsville by subscribing to our weekly blog updates!

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KADIE PANGBURN
MARKETING COORDINATOR
CRUNKLETON Commercial Real EState Group
KADIE@CRUNKLETONASSOCIATES.COM

If Someone Says “Live, Work, Play” Just One More Time…

I know that the terms “mixed-use development” and “live, work, play” have become social buzzwords in the commercial real estate industry. And I’m sure many are left wondering what’s behind this latest craze and if it will be just that, a passing fad. Will “mixed-used developments” and “live, work, play” be the bell-bottom jeans of commercial real estate history 50 years from now?

However, the fact of the matter is that “mixed-use developments” and “live, work, play,” like a lot of things in life, are actually extremely old concepts that we’re only now rediscovering the value of. In fact, at one time in history the idea of not functioning within a mixed-use community would have been down right terrifying to people.

Where Did This Idea Come From Anyway?

Braun_Milano_HAABThe most perfect historical examples of early mixed-use, live, work, play communities are probably the medieval villages of the 5th-15th centuries. Densely built within towering city walls, the medieval village is the perfect example of a functional, productive community, incorporating all the rules of mixed-use development. This way of living not only benefited them socially in a variety of ways, but it also served to provide them protection as well, since the walls were able to protect the village more securely than if the villages were spread out over many hundreds of acres.

In fact, this way of living and structuring society was the norm, even in the US, up until the early 1900s when development trends and patterns changed radically with the advent of the trolley and the automobile.

In addition to people having access to more efficient modes of transportation, the population in the US was also exploding at this time and as American cities swelled to dangerous levels, local governments began to mandate segregation of land uses – for the health and welfare of it’s citizens.

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At the time, this seemed like a brilliant idea. If city planners could divide their cities up and create different “zones” for different uses or functions, they could then nicely organize the cities of the future for maximum functionality and safety for it’s citizens. Retail, work, living, schools, etc were all segregated from each other and from about the 1910s through the 1950s the idea of integrated land uses were rare in new developments.

However, as time went by city planners began to see a plethora of unanticipated side effects from the new urban sprawl they had created such as: increases in vehicle miles traveled, energy consumption, pollution, loss of resources lands, inefficient provision of infrastructure and public service costs, central city decline and many other psychic and social costs.

And around the late 1970s and 1980s mixed-use developments began to reemerge. However, the projects were on a much smaller scale than their predecessors and were most often integrated into urban contexts such as historic structures or districts.

Then towards the end of the 1990s and 2000s, mixed-use developments began to emerge as manifestations of sustainable design, walkable urbanism and “smart growth” initiatives. They became integral components of “Transit Oriented Development”, “Traditional Neighborhood Developments”, and were considered an essential ingredient to the creation of “Livable Communities.”

But What Are The Benefits To Us Now?

But the question that still remains is why? What benefits are there from moving towards a more mixed-use, live, work, play society?

Well in addition to helping diminish the negative side of effects of America’s urban sprawl mentioned above, it seems that mixed-use developments and live, work, play communities can serve other vital roles in our success as a city as well.

vintage-paris-ladies-coffee-shopThe first of these benefits is the opportunity for knowledge spillover. In essence, when you have a high density of people living and working in a small community together, there are more opportunities for those individuals to meet and spend time together socially. During those social interactions is when we as human being exhibit our highest transfer of tacit knowledge to other individuals. And it is this spillover of tacit knowledge that can help spur innovation through the sharing of ideas. This in turn improves the performance of the local economy.

Secondly mixed-use developments can also spur other economic growth through the creation of a localized marketplace. When people live, work and play in a small area, they are more inclined to spend their hard earned cash in that same area. This give and take between the community members strengthens the local and regional economy and helps bond community members together.

Third is that recent studies have shown that walkability and mixed-used neighborhoods encourage the development of social capital. In essence, people in walkable neighborhoods are more likely to feel connected to the community and trust the people in their neighborhoods. This is important, because as human being, in order for us to live a full life and feel fulfilled, we need to have a home life, a fulfilling occupation and interaction within a community. And although interaction within a community has been proven to be crucial to our well-being, the number of places individuals receive this sort of interaction around that US has increasingly diminished with the rise of the automobile-oriented suburb, which in turn has lead to a decline in community bonds. The resurgence of mixed-use developments is one way city planners are beginning to combat this.

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And these are just a few of the social/economic benefits associated with mixed-use, live, work, play communities! Many of which our community is already starting to see the first inklings of with the redevelopment of Downtown Huntsville and their focus on creating a vibrant live, work, play environment. Mixed-use developments such as The Avenue, Twickenham Square and City Centre will only add to these efforts and help to form deeper connections between the people of Huntsville and their local community and help continue to foster an environment of innovation and inspiration.

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Make sure you’re staying on top of the latest trends, newest developments and hottest new stores in Huntsville by subscribing to our weekly blog updates!

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KADIE PANGBURN
MARKETING COORDINATOR
CRUNKLETON & ASSOCIATES
KADIE@CRUNKLETONASSOCIATES.COM