Breland Companies founder Louis Breland said there are a number of retail, restaurant, entertainment and hospitality opportunities at the site, which spans 500 acres at Interstate 565 and Zierdt Road. They have already secured two hotels, a luxury apartment complex and over 200 new single-family homes and townhouses for the project.
No tenants have been announced. Now that the Town Madison master plan is complete, Breland said site preparation is underway for the first phase of the residential development that will border the existing Mountainbrook and Edgewater neighborhoods.
“This first phase will have 136 single-family houses and townhouses in a neighborhood designed in the New Urbanist style with walkable narrow streets, lots of trees and open spaces and with top end pool, clubhouse and amenities,” he said. “The best local example is the Providence neighborhood layout but with an architecture and look similar to the Westhaven development in Franklin, Tenn.”
Breland said this phase will also include a Town Center area with restaurants and shops on the street level and two floors of office space above.
There will be additional Town Madison development news in the coming days. The first retail and restaurant announcements are expected sometime this summer.
The Alabama Department of Transportation and U.S. Federal Highway Administration authorized the Environmental Assessment Document for a new interchange last fall at I-565 near Zierdt Road, paving the way for commercial, office and residential growth at Town Madison and another interstate access route for Redstone Arsenal commuters.
More than 6,000 tons of rock have been moved and the outline of the new Zierdt Road interchange is taking shape. Officials say work will continue on the site until the interchange is completed next year.
“Now that the construction of the interchange has begun and the timeline is known, we are seeing a lot of interest from local and national retailers, restaurants and entertainment venues,” Breland said.
Town Madison will be home to more than 1 million square feet of new retail, restaurant and entertainment options, 700,000 square feet of office space and 700 hotel rooms. The development is expected to create 1,600 jobs and produce $1.8 million per year in new sales tax dollars to be split between the Huntsville, Madison City and Madison County school systems.
Breland is working with well-known urban planner Andres Duany to develop the $300 million project.