Set to open this summer, Stella at Five Points, a four-story, 325-unit mixed-use building, is the first development of its kind in Huntsville, Alabama’s Five Points neighborhood.
Zac Gibbs, executive vice president of development at the project’s developer, Montgomery, Alabama-based Halstead, says that the company was drawn to the location because of the mature community around it — particularly the surrounding Old Towne and Five Points Historic Districts. “You walk those streets and you see the mature trees and the quaint housing and architectural style — it just feels a little different than in most other multifamily projects in Huntsville,” Gibbs said.
Halstead is largely a commercial developer and contractor that has made multiple forays into multifamily since 2018. Stella at Five Points’ apartments will range from studios to two bedrooms, with two units set aside for the property’s artists-in-residence, who will create artwork for display on site and host classes for residents.
Residents will appreciate the elevated community amenities such as courtyards, sculpture gardens, art installations, and makerspaces to encourage residents to be creative.
The property is coming into the neighborhood ahead of a streetscape improvement project that will extend landscaped medians along the full length of the street. “I think this project is a catalyst to continue that redevelopment and really transform the area,” Gibbs said.
Fueled by the vision of three generations of leaders with backgrounds in engineering and construction, Halstead has left an indelible mark of quality on the retail landscape throughout the Southeast for more than 60 years. Headquartered in Montgomery, Alabama, and licensed in 14 states, they have built a diversified portfolio of development and construction projects for some of the best-known names in America. Since 1969, Halstead has developed projects for leading companies, such as Exxon, Gulf Oil, Southern Bell, KFC and Standard Oil. Their portfolio also includes the construction of more than 70 Lowe’s Lumber Company facilities and the development, engineering and construction of over 300 stores for CVS/pharmacy.
