A mixed-use development in Alabama called Northriver Commons has been approved to be developed by Capital Growth Buchalter and Spaces Management. The estimated $60-million-project will provide approximately 225 one-, two- and three-bedroom apartments, 17,000 square feet of ground floor commercial space encompassing three restaurants, a 427-space parking deck, and more — all centered around a central community greenspace.
Located on a vacant 4.68 acre-tract, the five-story development will offer shared open spaces, social hangout areas, an exercise facility and spa, plus innovative amenities to attract and serve residents and the surrounding community.
Despite its proximity to the University of Alabama campus, the project is not targeted toward students, per se. The developers’ focus is to attract and retain professionals and families to North Tuscaloosa. To help achieve their goal of an upscale, family focused community, rental criteria will prohibit undergraduate students under the age of 23 from renting an apartment within the property.
Construction is set to begin in February 2023 with a projected summer 2024 opening.
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