REDS TONE GATE 9 PROJECT Joe Ritch Mike Ward Greg Hall Craig Northridge February 12,2019
About Redstone Arsenal Marion Giles Lincoln Franklin Diverse Federal campus focused primarily Lauderdale Madison Jackson research & development, program Colbert management, acquisition and logistics Franklin Morgan Marshall Cullman 43,000 daily population with <900 active duty Maj or tenants include Army, Missile Defense Agency, NAS A, FBI and ATF Redstone is currently experiencing significant growth from FBI and MDA Approximately half of its workforce enters/ exits through Gate 9 Adj acent Enhanced Use Lease (EUL) proj ect (Redstone Gateway) continues to grow with current ~2,000 employee population
9 8 The Gate 9 Traffic Challenges 10 1 7 Old Gate 9 was about 1/ 4 mile off a maj or interstate 3 (I-565) During prime hours the traffic backed up causing traffic safety issues: S topped traffic up to 4 miles onto I-565 with adj acent lanes traveling at 70 MPH S topped traffic spanning the I565 overpass No federal funds available for the $12.9M proj ect
Traffic Flow into Gate 9 Stopped Stopped Traffic Stopped Traffic Traffic INTERSTATE 565 INTERSTATE Traffic 565 Weave Issues Redstone Arsenal Gate 9
Redstone Gateway 5
Our Solution Raised $12.9m from state and local governments in Alabama and Tennessee and Redstone Gateway partners Construct new gate ¾ mile south with two additional lanes and widen Rideout Road. Modified Alabama law to: Allow “ City Of Huntsville Federal Building Authority” (FBA) to be used as a conduit for execution of funds from multiple sources Change definition of “ industrial access funds” so term “ industrial” now includes military facilities FBA contracted with existing proven Redstone Garrison construction contractors to perform the work Utilized existing EUL Agreement with Corporate Office Properties Trust to execute and transfer improvements to the Army
Sources of Funds Contributors S tate of Alabama Corporate Office Properties Trust Madison County, Alabama Five Cities and counties in North Alabama Four Cities and Counties in S outhern Tennessee Poarch Band of Creek Indians Huntsville Utilities Tennessee Valley Authority U.S . Army Garrison - Redstone
Current Status July 2017 - New gate constructed with 6 inspection lanes August 2017 - Old gate demolished Traffic problems alleviated and drive times materially shortened S eptember 2018 - Two additional inspection lanes will be added
New Gate Old Gate Gateway Entrance
Before
After
Questions?
Backup S lides
Redstone Gateway Largest Army Enhanced Use Lease (EUL) office $76 million TIF bond issued (supported by the project State of Alabama, Madison County and the City of Huntsville) to fund infrastructure. When complete, will be a 4.6 million SF integrated office park on 468 acres COPT committed to purchasing TIF bond, effectively guaranteeing tax revenue risk to the 1.2 million SF of secure office space capacity City of Huntsville behind the Redstone Arsenal perimeter fence 14 designed to AT/FP standards Provided new rail spur, primary electrical substation, and road infrastructure to support the installation.
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