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Bonaventure Expands into Huntsville Area Market

December 8, 2022

 

HUNTSVILLE, AL – Bonaventure, an integrated alternative asset manager focused on the development, construction, and property management of innovative lifestyle multifamily communities in the Mid-Atlantic and Southeastern regions, today hosted the ground-breaking of Attain at Bradford Creek located at 556 Martin Road in Huntsville, Alabama to celebrate entering a new Southeastern market.

The 350-unit Class A multifamily community, located 15 miles from downtown Huntsville in the Madison/Airport submarket, will deliver much-needed additional high-quality housing to the community.

Birmingham, Alabama-based Doster Construction is leading the onsite construction of Attain at Bradford Creek and Bonaventure is overseeing the property’s development and management. Attain at Bradford Creek’s first units will be delivered in March of 2024, with the full project expected to be completed by the end of September 2024.

“The Bonaventure team is excited to bring our decades of experience in building best-in-class multifamily communities to Huntsville,” said Dwight Dunton, founder and CEO of Bonaventure. “We are thrilled to partner with Doster to deliver an exceptional rental housing property that will bring luxury living to a market with high demand for quality housing. Delivering this project advances our growth strategy in the Southeast, which will continue to be a major focus for our company in the years ahead.”

Residents of Attain at Bradford Creek will enjoy not only the finest in interior design and state-of-the-art appliances, but also close proximity to major transportation routes and many of the city’s major employers including Boeing, Lockheed Martin and the U.S. Space & Rocket Center. The 22-acre community in the Madison/Airport Submarket is one of Huntsville’s most desirable areas, known for its excellent school system and accessibility to job and retail centers across the metro.

“Doster Construction is excited to partner with Bonaventure, a leading multi-family developer, on their first project in Huntsville,” said Conn Crabtree, Doster Vice President and Huntsville Division Manager. “Our teams share a commitment to building quality facilities, and we are extremely pleased to add Attain at Bradford Creek to our growing portfolio of work in North Alabama.”

Attain at Bradford Creek will include a mix of one-, two- and three-bedroom units with square footage ranging from 839 to 1,375 SF per unit, totaling 359,050 SF. The community will feature a mix of high-end amenities including a pond and dog park, Amazon lockers and clubhouse with a state-of-the-art pool and fitness center.

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Disclosures

The article is for informational purposes only and not intended to be all-inclusive and may be changed at any time without notice or obligation to update. This article does not constitute tax, legal, or financial advice. Bonaventure does not provide tax, legal, or accounting services. Tax laws and regulations are subject to change, and individual circumstances vary. Investors should consult their own tax advisor, attorney, or qualified intermediary regarding their specific situation before pursuing any of the strategies discussed. Forward-looking statements may be influenced by a variety of factors, many of which are beyond the control of Bonaventure and could cause the actual outcomes to be materially different from what is projected. Past Performance is not indicative of future results.

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