Bridge Street Town Centre

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Bridge Street Town Centre
BridgeStreet1.jpg
Location Huntsville, Alabama, USA
Coordinates 34°43′01″N 86°40′26″W / 34.717°N 86.674°W / 34.717; -86.674Coordinates: 34°43′01″N 86°40′26″W / 34.717°N 86.674°W / 34.717; -86.674
Opening date November 1, 2007
Management Bayer Properties, L.L.C.
Owner Miller Capital Advisory
Architect TSArchitects
No. of stores and services 70
Website Bridge Street Town Centre

Bridge Street Town Centre is an upscale lifestyle center (shopping center) in Huntsville, Alabama, USA developed by O&S Holdings and designed by TSArchitects, both of Los Angeles.[1] The center is located in Cummings Research Park at the intersection of Old Madison Pike, Interstate 565, and Research Park Boulevard (Alabama State Route 255). Bridge Street includes 550,000 sq ft (51,000 m2) of retail space featuring a Monaco Pictures theater and 70 shops and restaurants.

The center used to feature a 5-acre (20,000 m2) lake (but need for an anchor store, and leakage problems caused most to be filled in), a one six-story, 140,000 sq ft (13,000 m2) Class A office space building, and an eleven-story, 210 room Westin Hotel.

The retail portion of the mixed-use project opened on November 1, 2007. The Westin became the first in Alabama when it opened in Spring of 2008.

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Bridge Street offers a wide variety of shops and restaurants. Among them are Apple, Anthropologie, Banana Republic, Francesca's, Connors Steak & Seafood, Bar Louie, Cantina Laredo, P.F. Chang's, Victoria's Secret, H&M, Swarovski, Mountain High Outfitters, DSW Shoes, Barnes & Noble, Altar'd State, Sephora, and other boutique shops.

The development has significantly high closure rate of retail and restaurants. All of the restaurants owned and managed by the original developers have now closed, one dealing with tax issues.[citation needed] As of May 27, 2014, retailer Coldwater Creek is displaying a "Store Closing" sign over the entrance.[citation needed]

Ownership change and expansion[edit]

In May 2012, Bridge Street was purchased from O&S Holdings by Miller Capital Advisory.[2] In February 2013, Bayer Properties, L.L.C. was named as management and leasing company for the property.[3] With news of the purchase, both the new owners and the city of Huntsville announced an expansion for the development.[4] Phase 3, which began in January 2013, includes plans for a two-level, 170,000 square foot flagship Belk department store, 45,000 square feet of new retail space in four additional buildings, and new surface and deck parking. This addition is being built where the western portion of the lake once was located. Like several of the stores in the development,Belk will move from an existing location in the city (Madison Square Mall), leaving empty retail space behind, and open at Bridge Street in Fall 2014.

References[edit]

  1. ^ "Bridge Street Town Centre Opens to the Public with a Bang" (Press release). O&S Holdings. November 1, 2007. Retrieved January 21, 2011. 
  2. ^ Accardi, Marian (21 May 2012). "Retail center component of Bridge Street Town Centre in Huntsville is acquired". AL.com. Alabama Media Group. Retrieved 14 January 2014. 
  3. ^ Kent, Dawn (21 March 2013). "Birmingham-based Bayer Properties to manage Huntsville's Bridge Street Town Centre". AL.com. Alabama Media Group. Retrieved 14 January 2014. 
  4. ^ Accardi, Marian (7 October 2012). "Major expansion planned for Bridge Street Town Centre in Huntsville". AL.com. Alabama Media Group. Retrieved 14 January 2014. 

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