Huntsville-based developer RCP Companies announced plans today to develop a $110 million urban mixed-use development in the city’s rapidly expanding MidCity District.
Named Anthem House as a nod to MidCity’s music theme, the development addresses Rocket City’s need for tech and corporate workforce housing.
Featuring collaborative working, living and social offerings targeted to the growing young workforce in North Alabama, the project will include the following:
- 330 apartment units
- 35,000 square feet of creative office space
- 32,000 square feet of street-level retail
Anthem House is designed to provide Huntsville’s expanding skilled workforce with a residential-meets-hospitality solution with furnished units, shorter lease contracts, and vibrant, hotel-like surroundings and amenities.
Unique Hospitality Product
“Currently, Huntsville has a housing deficit that is accentuated by the continued job growth in the market. The shift in consumer preferences, particularly among millennials, is driving demand for more hospitality features within real estate projects, including more amenities, hosting events and activities which bring residents together. Anthem House’s unique multifamily hospitality product, embedded in the MidCity District, is well-positioned to fill this gap.”RCP Co-Founder Max Grelier
Anthem House will mark the latest installment in RCP’s broader plan to create a place to live, work, play and stay in MidCity. Over the next five years, private investment in MidCity is expected to exceed $1.5 billion.
In the future, RCP plans to release more project details and renderings upon breaking ground later this fall with full project completion expected by early 2025.
For more information, visit MidCityDistrict.com.
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