Hartman Simons Vital in Facilitating MidCity Huntsville’s Redevelopment

4/5/18

Hartman Simons & Wood, LLP one of the nation’s leading commercial real estate law firms, announced today its work assisting RCP Companies with the redevelopment of Madison Square Mall into MidCity Huntsville, a new $350-million mixed-use project near the center of Huntsville, Alabama. MidCity Huntsville is currently the nation’s fourth largest mixed-use real estate redevelopment project.

Hartman Simons, led by attorneys Jeremy Cohen, Diane Lidz and John Lewis, assisted RCP Companies in purchasing the dilapidated Madison Square Mall in May 2015. RCP’s plan was to demolish the mall in order to revitalize that part of Huntsville and, in its place, build a state-of-the-art $350 million mixed-use redevelopment on the former mall tract.

“We were looking to institute a more innovative, diverse balance of uses on the site,” says Max Grelier, RCP’s co-founder and executive vice president. “Our intention with MidCity is to create a vibrant, authentic place that inspires social interaction, celebrates our regional culture and provides residents and visitors from outside the area opportunities to share memorable experiences.”

MidCity Huntsville will include approximately 300,000 square feet of specialty retail, 200,000 square feet of high-tech offices, over 900 residential units and a 150-room boutique hotel. The development, currently in Phase I, is part of a four-phase project that is anticipated to be completed in 2022. As part of Phase 1, Top Golf opened in December 2017 with MidCity planning to offer more recreational activities, including the “Adrenaline Zone,” which will include a 45-foot climbing wall.

“Huntsville is one of America’s fastest-growing tech cities and one of the nation’s best places to live and work,” says Cohen. “Hartman Simons is proud to be involved with this dynamic development that will be a social attraction and provide economic growth for Huntsville’s vibrant community.”

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