Article Updated With Correction:
Cypressbrook Company is putting the final touches on Phase 1 of Ariza Oakwood in Huntsville. Construction of the 316-unit development started in the summer of 2021 and includes a mix of 1, 2, and 3-bedroom apartments. The development is located along the Research Park Blvd corridor just NW of Downtown Huntsville. The address is 5771 Oakwood Road NW.
Cypressbrook develops the Ariza brand in emerging markets where people want to live, and in particular markets that have a healthy expanding job market fueling the influx of growth. The developer noted that Huntsville has been a market that they have been watching for a few years given the influx of jobs from major employers and the predicted growth for the city. Huntsville was also voted as the #1 Best City To Live In The US for 2022-2023, by US News & World Report.
” We began underwriting options in Huntsville, Alabama about four years ago. Given the exceptional job creation and being a highly desirable community, the market checked all the boxes in which to build under a high quality, Ariza branded project.” — Daniel Mota, Development Principal of Cypressbrook Company
There were key factors which lead to the selection of the site according to Cypressbrook, “We felt that its proximity to major retail centers, major highways, Cummings Research Park, and other area major employers provided a unique opportunity to provide a convenient housing option for Huntsville’s booming population”. Here’s the quick rundown.
5771 Oakwood Road NW
|What’s Now:||Previous Farmland|
|What’s Next:||Multifamily Development|
|Architect:||Mucasey & Associates|
|Interiors:||Debby Driver Design|
|Landscape:||Kimley-Horn & Associates, Inc.|
The property will include a Luxury Resort Style Pool, Fitness Center, Dog Park, and Resort Style Clubhouse, among other features, as part of the amenity package. The property will include private yards and a mixture of breezeway and detached garages. “By focusing on our Ariza properties over the last few years, we feel that it has allowed Cypressbrook to develop, refine, and deliver a great value and quality product to our customers”.
The property includes a mix of 1, 2 and 3-bedroom apartments. The apartment homes include modern appliances, built-ins, large washer & dryers. Some units feature balconies while others have dog yards and patios.
Cypressbrook develops, owns, and manages its properties and believes it gives them a unique ability to see this vision through from they time we break ground to the end of their resident’s stay. The developer is also looking to develop property in Nashville’s Bellevue community; however, it faces push back from some local residents.
Ariza Oakwood in Huntsville is now leasing phase 1. For all inquiries regarding this development, please contact the property using the link (here).
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