Middleburg Communities, a Vienna, Virginia-based real estate investment, development, construction and management firm, announces Mosby Bridge Street, a 290-unit apartment development located in a certified Opportunity Zone in Huntsville, AL.
“Mosby Bridge Street is another excellent example of utilizing our extensive research capabilities to identify prime locations surrounded by significant population and employment growth,” said Chris Finlay, Managing Partner of Middleburg Communities. “By executing through our fully integrated team of development, construction, property management, and investment management, we are able to deliver better value to our residents and increased returns to our investment partners.”
Once completed, the property will be self-managed by Middleburg Communities.
“Middleburg is very excited to announce this transformative development in what has become the fastest growing tech city in the US1 and within Cummings Research Park, the second largest research park in the Country2,” said Middleburg Communities Vice President of Development, Alexi Papapieris. “Mosby Bridge Street is our first investment in the Huntsville area and this property exceeded our most exacting standards, demonstrating strong job and population growth, a highly educated STEM workforce, new major employment hubs underway and immediate access to amenities, recreation and transportation corridors.”
Mosby Bridge Street will offer residents one, two and three-bedroom luxury apartments in four, four-story, elevator-served buildings with controlled access, conditioned corridors. Residents will be walking distance from the Bridge Street Town Centre, a 550,000 square foot lifestyle center that includes 26 restaurants and cafes, a cinema, hotels, and retailers, including an Apple store. The community is enveloped by the Cummings Research Park (CRP), home to a hub of science, technology, tech, space and defense companies, business incubators and higher education institutions. The 3,800-acre CRP is home to nearly 300 companies in total and more than 30,000 employees and students. This is in addition to another 36,000 jobs down the road at Redstone Army Arsenal, which includes multiple US Army command stations, NASA’s Marshall Space Flight Center and the FBI’s new $1 billion HQ2 campus focused on cybersecurity.
Amenities will include:
Apartment features will include:
Mosby Bridge Street will feature Middleburg Communities’ signature program, Local Heroes, which respects and honors firefighters, police officers, emergency medical technicians and public school teachers by providing them with a rent discount for a select number of units at all company owned and developed communities. Middleburg launched Local Heroes as an expression of its strong belief that those who serve our communities should be able to live in our communities.
The architect of record, interior designer and landscape architect is Cline Design Associates. Middleburg Construction is serving as general contractor and Johnson & Associates is providing civil engineering services.
About Middleburg Communities: Middleburg Communities is a fully integrated multifamily development, investment, construction and management company operating in the southeastern and mid-Atlantic United States. Since 2004, Middleburg has acquired and developed more than 19,000 apartment units, executing approximately $2.5 billion in transactions. The Middleburg team shares a vision for greater value creation through community impact. The firm’s success is rooted in a genuine desire to serve its local communities in thoughtful and holistic ways. Middleburg embraces people, property, and partnerships to enhance the lives of others, contribute positively to its neighborhoods and maximize real returns for partners. For more information, please visit www.MiddleburgCommunities.com.