Argosy, Doradus and RCP acquire opportunity zone site for the development of Bartley Lofts in Alabama
Argosy Real Estate Partners, in partnership with Doradus Partners and RCP Cos., has acquired an approximately 2.6-acre opportunity zone site in Huntsville, Ala., for the development of Bartley Lofts, a six-story, 273-unit multifamily community with 8,360 square feet of ground-floor retail. The project is located in the Quigley neighborhood, which serves as downtown Huntsville’s entertainment district. The project is also part of the CityCentre at Big Spring masterplan, which currently includes a 120-room AC Hotel by Marriott and a 278-unit market-rate multifamily property, with plans to add an additional hotel and a food hall. Huntsville, which is nicknamed “Rocket City,” serves as one of the nation’s leading defense, aeronautics and space employment hubs.
The project is anticipated to be completed in fourth quarter 2025 and will feature a mix of studio, one- and two-bedroom units with an average unit size of 904 square feet and 8,360 square feet of ground-floor retai