Groundbreaking is slated today for Metronome at MidCity, the first residential construction in Huntsville’s $1 billion mixed-use MidCity District.
Huntsville-based RCP Companies is building the five-story, 296-apartment structure that will feature a mix of retail and restaurants on the ground floor.
“The residential component strikes a balance of the urban design and builds on the proposition of MidCity in Huntsville,” says Max Grelier, co-founder of RCP Companies. “Metronome at MidCity will be an ideal home base for residents moving here from urban markets who appreciate the benefits of a dense neighborhood and nearby amenities. MidCity District appeals to the socially-active community — it’s a place where people can walk to parks with their kids and dogs, shop Trader Joe’s for groceries, explore new restaurants and bars and engage in entertainment options like the Huntsville Amphitheater and Topgolf.”
The development, at the intersection of University Drive and Research Park Boulevard is already home to Topgolf, REI Co-op and other merchants. A Trader Joe’s grocery is slated to open later this year and a new entertainment venue, Huntsville Amphitheatre, is expected to open in spring 2022.
Lincoln Property Co. will manage leasing for Metronome, which will offer studio, one-, two- and three-bedroom units plus amenities like a rooftop terrace with firepit grills and pizza ovens, a fitness center, high-speed internet, gaming lawn and quartz-topped kitchen counters.
The new facility was designed by Looney Ricks Kiss of Memphis, and the general contractor is ARCO/Murray of Chicago.
The project is a partnership among MidCity developers RCP Companies and Revolution’s Rise of the Rest Real Estate, a national platform “investing in regional startup hubs outside of Silicon Valley, New York City and Boston.”
“We are honored to be partnering with Rise of the Rest Real Estate,” says Grelier. “Given Revolution’s focus on investing in regional startup hubs and entrepreneurial ecosystems, we feel their support is a strong endorsement of MidCity and its potential to be a welcoming and desirable mixed-use district.”