Nicol Investment Starts Construction of $200M Upland Park Mixed-Use Project in Huntsville, Alabama
HUNTSVILLE, ALA. — Nicol Investment Co. has started construction of Upland Park, a $200 million mixed-use project in Huntsville. The 60-acre project will include multifamily and senior living residences, restaurants, retail, office, entertainment and green space.
Located on Enterprise Way at Cummings Research Park, Upland Park will be anchored by HQ, a creative office and retail project being co-developed with Nashville-based Vintage South.
The master plan includes The Kelvin, a 301-unit apartment community; Vitality at Upland Park, a 189-unit senior living property; and The Collins, a 334-unit multifamily project featuring 150 Big House units designed by Humphreys & Partners. Big House units offer private garages and entrances.
“Huntsville is a dynamic, growing city driven by the defense and aerospace industries, research and education,” says Mark Nicol, president of Nicol Investment.
“The migration of national corporations and agencies flocking to this vibrant city as well as the organic growth of local businesses is remarkable, and we are eager to help facilitate Huntsville’s continued success,” adds Nathan Lyons, founder and CEO of Vintage South.
Nicol is partnering with independent living, assisted living and memory care provider Vitality Living for the development and management of Vitality at Upland Park.
Nashville-based Centric Architecture is the architect for HQ and Doster Construction is the general contractor. Nashville-based ESA is the architect for Vitality at Upland Park and DeAngelis Diamond is the general contractor.
The project team for The Collins includes architect Humphreys & Partners and general contractor TriBridge Residential. JHP designed The Kelvin and EMJ Construction is the general contractor. RAM Partners is providing property management services for both apartment projects.
Colliers International is responsible for retail and office leasing. Completion of the multi-phase project is slated for fall 2022.
Founded in 1975, Nicol acquires, develops and co-invests in properties, particularly in the Southeast. Its portfolio includes multifamily, seniors housing, self-storage, office, retail and agricultural properties.
— Kristin Hiller