1 Taylor Circle presents a rare opportunity to acquire a fully approved mixed-use development site in Owens Cross Roads, Alabama, one of the fastest-growing submarkets within the Greater Huntsville MSA. The 9.86-acre property is zoned C-4 and has received approvals for a master-planned mixed-use community consisting of 392 apartment homes, 22,610 square feet of commercial and retail space, and associated community amenities.
The property offers developers an exceptional advantage through a comprehensive due diligence package that includes title work, survey, geotechnical and soil reports, traffic studies, and planning documentation, significantly reducing development timelines and entitlement risk.
Located in the path of continued residential and commercial growth, the site benefits from proximity to Huntsville's expanding employment base anchored by Redstone Arsenal, NASA Marshall Space Flight Center, aerospace and defense contractors, advanced manufacturing, and technology companies. The area continues to experience strong population growth, increasing housing demand, and expanding retail needs.
Adding to the project's attractiveness, the City of Huntsville Urban Development Department has demonstrated a commitment to supporting the development through assistance with infrastructure improvements, utility coordination, roadway enhancements, and technology-related upgrades.
This is a unique opportunity for multifamily, mixed-use, and institutional developers to acquire a shovel-ready development site in one of the Southeast's most dynamic growth markets.
Erik Amason
NAI Chase Commercial Realty, Inc.
