Development Updates: “Times Plaza” & “Williamsburg Plaza”

There’s a lot going on in Huntsville in terms of development. In fact, an article recently released by al.com shares current U.S. Census figures that show Huntsville metro is still growing at a fast pace. We are always excited to be involved with this growth and help talented businesses become a part of the Madison County community.

As promised, Crunkleton will bring you updates on the progress of projects that we have already announced, and we have two for you today.

Read on below to see the latest from “Times Plaza” and “Williamsburg Plaza”!

Times Plaza

When driving past the old Huntsville Times site off the Parkway, you may have noticed the new sign that showcases renderings of the completed “Times Plaza” development.

We are thrilled to share the latest renderings of the project with you so you can see what’s coming. Check it out!

Times Plaza is the official name of the development that will be situated at 2317 South Memorial Parkway. It will be a mixed-use retail/office development that will house multiple exciting tenants including restaurants, boutiques, and more.

(We have a tenant announcement coming very soon, so check back here!)

Click here to see details on the property.

Williamsburg Plaza

Last November, we announced the addition of a new 8,200 square foot development coming to the corner of Highway 72 and Nance Road: Williamsburg Plaza. The site includes two confirmed tenants—Bank Independent and Aspen Dental.

As an addition to one of the city’s busiest retail corridors, it’s easy to see the development’s construction progress when driving by. Walls are up, and passersby can now make out the roof of the Colonial Williamsburg-style Bank Independent location.

According to the development team, “Construction continues at Williamsburg Plaza on the corner of Highway 72 and Nance Road. For the most part, the weather has cooperated and plans are on schedule. Williamsburg Plaza expects tenants to open up during the 4th Quarter of this year.”

Click here to see details on the property.

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haley_squareHALEY CLEMONS
MARKETING COORDINATOR
CRUNKLETON COMMERCIAL REAL ESTATE GROUP
HALEY@CRUNKLETONASSOCIATES.COM

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5 Office Amenities That Boost Productivity And Employee Satisfaction

Many people are familiar with the perks that come your way when working for a company like Google. The unique office amenities offered to employees have been the topic of much discussion on respected websites like Business Insider, Forbes, and many others.

Let’s face it. Who doesn’t love the idea of adding relaxation rooms, breakfast bars, on-site gyms, and a team of massage therapists ready to relieve the daily stress of office life?

But adding amenities like these may not work in every business setting. While some companies may benefit from incorporating an arcade room—like at the LinkedIn headquarters—others only need to focus on the amenities that will have a positive impact on their bottom line. This is different for every office, and something a broker can help you determine.

Many of these “transformational office amenities”, as Emerging Trends In Real Estate calls them, can be key to boosting office morale, retaining existing employees, attracting new talent, and lowering the overall stress within your organization.

When considering updates to your own office space, or when searching for a new one, be sure to take a moment and ask yourself what amenities you will need in order for you and your team to perform their best.

To help with your brainstorming, here are some of the most requested office amenities according to National Real Estate Investor, Emerging Trends In Real Estate, and the brokers at Crunkleton.

1) The Internet of Things

The Internet of Things refers to the network of physical devices, electronics, software, and connectivity options within an office environment. In the commercial real estate world, the availability of efficiently operating systems is greatly affecting the leasing game and will continue to do so in the future.

It’s no surprise that access to fast, reliable Wi-Fi made it to the list of most requested amenities. Simply put, employees are looking for the freedom to walk about the office space/building and be able to complete their work in a number of settings—like the break room, cafeteria, or rooftop lounge. Offering reliable Internet means providing more freedom and convenience.

Technology such as energy efficient glass that adjusts for heat, glare, and daylight is considered a part of this category. Streaming music and mobile device connectivity to office tools are also important components to consider when deciding on your own Internet of Things for the office.

2) Dedicated Creative/Brainstorming Spaces

In today’s society, many jobs can be intellectually taxing and/or require high amounts of attention and creative energy. We saw the demand for additional creative spaces come along when Millennials began to enter the workforce, and this trend isn’t going anywhere for a while.

Companies like Beats Electronics headquartered in Culver City, California took brainstorming to the next level by creating entire rooms with whiteboard walls. AppNexus also came up with a unique way to get its employees’ creative juices flowing by incorporating a “poetry room.”

Some businesses even introduce elements like hammocks, basketball hoops, or video game systems for employees to use when on break or stuck in a creative slump. There’s no set way to execute the perfect creative/brainstorming space. The possibilities are endless.

3) On-Site Fitness Centers

Perhaps one of the most effective tools used to retain and attract new talent is the incorporation of on-site fitness centers. According to Athletic Business, a 40-year old publication dedicated to the sports and fitness industry, corporate fitness facilities “increase productivity, improve employee morale, and decrease absenteeism.”

Many large companies such as Unilever went so far as to create a “Wellbeing Zone” where employees can opt for activities like yoga, massages, and stretching. Google, on the other hand, added its famous “nap pods” as a place for employees to recharge.

Whether it’s in the form of adding a treadmill and some equipment in a dedicated area or creating a space that encourages mental wellbeing, investing in employees’ health and wellness is a highly requested amenity that has been shown to provide numerous benefits.

4) Access To Food Options

According to National Real Estate Investor, many employees are requesting access to better food options when at the workplace.

When searching for an office space, it’s always important to consider what food/coffee/beverages your company will have quick access to. This need for convenient food options has led businesses to relocate to areas where food choices are more plentiful. In some cases, companies are adding “dedicated food truck days” where employees can try out lots of local grub near the office.

With the rise of multi-use developments that incorporate office spaces, it’s becoming easier for tenants to provide their employees the food options that they desire.

Rooftop lounge at 315 Franklin Street in Downtown Huntsville.

 5) Rooftop Lounges And Outdoor Areas

Recent studies have been conducted that seek to determine the impact that physical office environment has on employees’ wellbeing.

The Human Spaces report into The Global Impact of Biophilic Design in the Workplace stated in 2015 that “employees who work in environments with natural elements report a 15 percent higher level of well-being, are 6 percent more productive, and 15 percent more creative overall.”

Click here to read the official press release on the study.

This may be the reason so many workers are seeking office spaces with dedicated rooftop spaces and outdoor areas where they can decompress and reconnect with nature.

What office amenities do you find the most helpful and/or necessary? Let us know in the comments below! If you have questions about office amenities, call Eric St. John at 256-536-8809, or email eric@crunkletonassociates.com

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haley_squareHALEY CLEMONS
MARKETING COORDINATOR
CRUNKLETON COMMERCIAL REAL ESTATE GROUP
HALEY@CRUNKLETONASSOCIATES.COM

The Changing Workplace: Why Offices Are Adapting

The office workplace is an environment that has seen much change over the last decade. From updated technology to construction materials, employers and employees alike have realized the average office space needs to adapt.

Where it used to be

We’ve all been there—the stuffy office space with only a few windows, many walls, and the same color patterns throughout. File cabinets used to be in any area where they would fit. Most employees dealt with sharing space with a personal printer. It left less room for comfort and more room for isolation. But over the years, businesses have seen the value in increasing the quality of the work environment in order to boost morale, attract talented employees, and enhance their bottom line.

Where it is going and why

Colors, windows, noise, collaboration, benching, wellness, and amenities—these are all major topics of discussion in the modern workplace. Many new factors are now being considered during the design and creation of new offices.

  • Color is being used to promote certain moods in specific environments, instead of being selected on personal preferences. For example, blue hues are being used for a calming effect, while bright colors have been shown to improve focus and accuracy.
  • Windows are now being placed in open areas to allow light to flow throughout, instead of in individual offices which traps light. This also gives employees a chance to interact with nature. Even if it is visual interaction from indoors, this perceived contact has a positive impact.
  • Noise is thought about differently in varying environments in order to make tasks more efficient and comfortable. Piping in white noise or music has become a common practice in many work environments.

And then, there is the important focus on office collaboration. The workplace is seeing several different types of collaborative areas to bring employees together.

Some offices have decided to incorporate “benching” to create shared desks and work areas. This can be especially valuable when you have a group of employees that spend a lot of time traveling, or maybe for someone on your team who doesn’t need a permanent workspace. Benching can be used when employees are working on different projects and need to move around the office to work with different groups of people. All in all, the concept of benching has the ability to boost productivity by enhancing office communication and making projects move faster.

Wellness and amenities are also main concerns that bring about many conversations in the planning process. From managing stress levels to retaining talent, businesses are adding incentives within the workplace to encourage and boost their employees. It’s becoming more common to see offices with gyms, social gathering spaces, and more.

How has this affected Huntsville?

Huntsville has already seen some of these changes first hand. As companies re-locate and real estate investors purchase new property, you will notice more and more of this. The construction materials, layout, design, location, amenities, etc., are all just a few qualities that were considered on the following Crunkleton projects:

104 Jefferson Street

The tenants, Prime Lending and KPS Group Architects, are both operating out of a modern workplace and came from very traditional environments.

315 Franklin Street

The first-floor tenant, Haufe, is in and operating.

Stovehouse

This development is in its early stages but has the ability to offer very modern environments.

ADS

ADS, located at Bridgestreet, built an environment their employees could thrive in.

Crunkleton: Commercial Real Estate Group’s Office

We built a space that has flexible workspace in an open and inviting environment.

How can we help?

If you think your office setting could use an upgrade, or if you’re looking for a new space to transform your office into the modern workplace, don’t hesitate to call us at 256-536-8809 to see how we can assist you.

As one of the team’s dedicated office brokers, I will work with you and your team in finding the perfect space to help maximize your company’s full potential.

Have other questions about adapting office spaces? Let us know in the comments below!

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ERIC ST. JOHN
ASSOCIATE
CRUNKLETON COMMERCIAL REAL ESTATE GROUP
ERIC@CRUNKLETONASSOCIATES.COM

New “STOVEHOUSE” Development Coming Soon To West Huntsville!

Stovehouse Properties and Crunkleton Commercial Real Estate Group are proud to announce Huntsville’s newest development coming soon to west Huntsville. Introducing, STOVEHOUSE!

(Click here to view the official PRESS RELEASE.

The historic Martin Stove building, located at 3414 Governors Drive, will soon become the site of the city’s next large-scale food, office, events, and entertainment complex. A 200,000 square foot building situated on a 10-acre property, STOVEHOUSE will blur the line between modern and historical, work and play, and small-town culture and high-tech urban energy.

Owners of STOVEHOUSE, Danny and Patti Yancey, purchased the building in 2016 and plan to preserve its rich history while creating a new thriving mixed-use center in Westside Huntsville.

“STOVEHOUSE will fill the vacancy for an all-in-one entertainment, dining, and business hub in west Huntsville’s burgeoning arts, brewery, and cottage-living district,” said Danny. “We’re intentionally building this development to be a destination that nourishes the community.”

An example of office space at STOVEHOUSE.

STOVEHOUSE will be the home of Huntsville’s first permanent urban food garden. Along with chef-driven dining options, there will be a gourmet wine bar, specialty coffee bars, and ample flexible event spaces.

With multiple entertainment stages that will adjust to fit audiences of 100 for more intimate shows, and crowds of up to 2,000 for well-known acts in its multi-purpose hall, STOVEHOUSE will be suitable for business meetings, conferences, weddings, and similar uses.

“We will be bringing regular, curated concerts to a city that appreciates world-class culture,” said Danny. “As the project moves forward we will continue to release details on the entertainment and event aspects of STOVEHOUSE.”

But Huntsville won’t have to wait long to see this development’s progress.

“We’re excited to help bring this vision to life,” said Wesley Crunkleton, co-developer of STOVEHOUSE. “Its close proximity to downtown, I-565, and Redstone Arsenal will make it the ideal hub for businesses, first-to-Alabama restaurant concepts, new entertainment, and events. The project is already underway and Crunkleton will announce the first confirmed tenant very soon.”

Construction is underway at STOVEHOUSE!

The History of STOVEHOUSE

The Martin Stove building dates back to the 1920s and was home to both Rome and Martin stove companies. At the time, it employed thousands of people in the surrounding neighborhoods.

The building, whose original address was 901 Fifth Avenue West, was completed in 1929 as home to Rome Electric Range Company which billed itself as “The Only Electric Range Factory in the South.” Rome produced the successful “Electric Belle” stove before the building was purchased by Martin Stove in 1939.

Huntsville’s Martin Stamping and Stove grew to produce the most complete line of gas heaters on the American market, as well as in Canada and Mexico. During World War II, the plant manufactured bomb crates, grenade fuse cans, and reclaiming drums for the Ordnance Department. Martin closed its doors in 2001 and the location has been home to several businesses before the Yanceys purchased it for redevelopment in 2016.

Preserving the past was important to the team of experts and collaborators executing the development, so many of the property’s original features will be maintained and highlighted throughout STOVEHOUSE.

“When you’re here in the bones of the building, you see the marks of hard-working Westside Huntsville folks who sweated it out producing tangible goods, from stoves to materials for World War II,” said Danny. “I imagine they would have enjoyed having a place in the community to unwind. STOVEHOUSE is being designed to honor that kind of hard work and the leisure it earns.”

Stay tuned!

As the project moves forward we will continue to update you here on construction and what’s coming to STOVEHOUSE. You can also sign up for updates on the development’s official website at www.stovehouse.com.

For more information on leasing, visit the property page on our website.

Is there a concept you’d like to see at STOVEHOUSE? Comment below and let us know.

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haley_square
HALEY CLEMONS
MARKETING COORDINATOR
CRUNKLETON COMMERCIAL REAL ESTATE GROUP
HALEY@CRUNKLETONASSOCIATES.COM