Downtown development may include Publix
Bristol Development Group has agreed to pay the Huntsville Housing Authority $3.67 million for 5.58 acres along St. Clair Avenue and Gallatin Street in the medical district. The authority's volunteer board of directors unanimously approved the contract Wednesday.
The company's co-founder, Sam Yeager, is a Huntsville native.
During a Wednesday phone interview, Yeager said Bristol and Nashville retail developer PGM Properties are partnering on the more than $30 million Councill Courts project.
As many as 225 apartments renting for between $800 and $1,300 per month will be built around a central courtyard with a pool, clubhouse and other amenities, he said.
Bristol hopes to start construction within a year.
A map of the proposed project shows a Publix supermarket at the corner of Gallatin Street and Lowe Avenue, with smaller stores and restaurants lining Gallatin
Yeager said plans calls for a minimum of 15,000-20,000 square feet of new retail space, in addition to the grocery store. He cautioned that the developers do not yet have a signed agreement with Publix.
"They're certainly aware of the site," he said, "and are in the process of evaluating it right now."
Adjacent Huntsville Hospital has more than 5,000 employees working just a few steps away, plus hundreds of daily visitors.
Huntsville Times
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