Huntsville updates

[HSVTiger]

Downtown Huntsville needs an additional 500 to 600 apartment units by 2020 or it may miss a critical opportunity to achieve the live/work/play environment it desires.
That's according to a new study commissioned by nonprofit Downtown Huntsville, Inc., which hired ValueTech Realty Services of Lutz, Fla.
The hundreds of apartments needed to position downtown as a "vibrant urban center" are in addition to The Avenue (under construction) and CityCentre (soon to be under construction) at Big Spring, two projects that will create just shy of 470 units when completed.
And a hint as to why the former Coca Cola site sits dead
"What happens sometimes is things get to be popular and people overprice their land and so a good parcel such as the Coke site, which is a very good location, is frankly overpriced in the market,"Chad Emerson

And even long dead and announced wildly Constellation developer Scott McLain is discussing the possibility of new lofts at Constellation at the Memorial Parkway-Clinton Avenue junction. When McLain announced the project in 2008, he said the mixed-use project would include a luxury hotel, new restaurants and retailers, 150 apartments, 280,000 square feet office space and two parking decks

In addition they need to be affordable