A stroll around downtown Huntsville’s historic square showcases how much the area has evolved over the last decade. Shops are opening that offer everything from casual dining to high-end wines and artisan gifts. On any given day, business lunches, family outings, date nights, outdoor games, art exhibits, events, and shopping all converge around the city’s center.
Watching the neighborhood adapt to the needs of its residents is always exciting. Recently, Crunkleton took part in redeveloping 123-125 North Side Square. Now called the Corner Office, the property houses several office users, Jack Brown’s Beer & Burger Joint, and Jimmy John’s. The building also benefitted from a major facelift that added striking paint colors, balconies, and a renovated lobby with a digital directory, among other improvements.
Now, another nearby property will experience renovations and add more retail and modern office space to the square. 107 North Side Square will be transformed by a local owner/developer into a space desirable to restaurants, office users, and retail that Crunkleton will lease.
Crunkleton will be handling the LEASING for the property and working with the local owner/developer who is handling the redevelopment portion of the project.Here are some updates you can expect:
Exterior improvements will be made to enhance the historic beauty of the property.
A new lobby will be added, complete with an elevator that travels to the basement and second floor.
An outdoor deck will be introduced to the first and second floors that will overlook the coming 106 Jefferson Curio by Hilton Hotel.
“The basement space will be perfect for any restaurant that wants a unique vibe in a great location,” said Anusha Alapati Davis, Crunkleton Retail Broker. “Future guests of the hotel will be able to walk over from across the street. We hope to find a concept that adds more diversity to the downtown dining scene with cuisine that the public has been asking for.”
Crunkleton Vice President Eric St. John, CCIM, says that the redevelopment of 107 North Side Square is also a great opportunity for office tenants.
“Downtown offers many amenities that office users look for like easy access, plenty of parking, and nearby restaurants, retail, and entertainment,” said Eric. “107 North Side Square is within walking distance of all of this, including the Clinton Avenue parking deck and coming Greene Street parking deck. Plus, the 106 Jefferson hotel will offer a place for out-of-town business clients to stay should they need to visit. Once the property is updated, it will be a sought-after Class-A space with modern features.”
To say that 2020 was an interesting year would be an understatement. No matter what industry you were in, you felt the effects of government-mandated lockdowns, supply chain disruption, and changes in person-to-person interaction protocol. Without a doubt, the commercial real estate (CRE) industry was no exception with retail, hospitality, and office being the hardest hit. However, not all was doom and gloom as there were some bright spots in CRE lead by industrial, warehouse, and multi-family housing. Let us discuss these sectors and what we may expect going forward.
The team behind the popular Kamado Ramen and Oh Crêpe restaurants has decided to introduce a new concept to Stovehouse that will feature traditional Chinese dishes like orange chicken, Mongolian beef, egg rolls, soups, and more. Wok’s Up, a fast-casual Chinese eatery, is slated to open in Q2 2021 in the space between Oh Crêpe and Taqueria El Cazador.