Birmingham-based Capstone Development Partners and Huntsville-based Boaz Ventures have broken ground on a $60 million project that will provide housing adjacent to UAH.
The housing community, Nexus on Holmes, will be a four-story, 249-unit facility envisioned to house students, faculty and staff from UAH. It’s also convenient to Cummings Research Park, Redstone Arsenal, MidCity, Bridge Street and downtown Huntsville.
The project is being co-developed by Capstone and Boaz, with construction by Decatur-based Fite Building Company and design by Williams Blackstock Architects in Birmingham.
“As an Alabama-based national leader in the development and management of university-oriented housing, Capstone is thrilled to commence construction on this purpose-built housing community to help meet the needs of UAH students, staff and others in Huntsville seeking well-located and attainably-priced housing,” said Jeff Jones, principal of Capstone Development Partners.