A $108 million residential development planned for Huntsville’s MidCity District is aiming for a “net zero energy” project with a reduced carbon footprint beginning with construction and continuing with concepts for reusable energy once completed
The project is Wellory Living and will be located at Old Monrovia Road and Stax Street and feature more than 13,000 square feet of retail space on the ground floor. RCP Companies of Huntsville, developers of MidCity, announced the project that will partner with Grounded Capital Partners.
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“We are constantly evaluating and re-imagining the community’s needs so we can attract first-to-market innovative solutions that lead Huntsville into the future,” RCP Co-Founder Remy Gross said in the announcement. “What would it look like to live well and live good? Wellory Living aims to have a net zero impact through solar cell photovoltaic (PV) panels, reflective roofing, greatly reduced leakage and waste, smart thermostats and more. There are several categories within operational sustainability that we are addressing – landscaping, construction waste management, tenant engagement – to bring us to net zero. Even Wellory’s construction and design uses low carbon materials and design concepts, bringing both environmental and health benefits to tenants and guests to live in a sustainable manner.”
The six-story development will include 342 apartment units as well as co-working spaces, a roof-level lounge and an outdoor terrace.
Net-zero energy buildings, according to the announcement, generate as much renewable power as they use, using a mix of onsite renewable energy, electrification and deep efficiency measures to reduce its carbon footprint. Over 40,000 square-feet of the Wellory Living roof is PV panels, generating power every day. Wellory Living’s design takes a dynamic approach to sustainability prioritizing continued reduction in impacts during construction, and operations moving forward. It is projected to be an all-electric building.
“As an investment firm rooted in building the health of systems, it was a natural fit for us at Grounded Capital to be part of bringing this net zero development to MidCity and play a role in supporting regenerative social, ecological and financial systems in Huntsville,” Parren James, principal at Grounded Capital, said in the announcement. “Wellory Living will showcase how sustainable living is achievable for all looking to decrease their carbon footprint.”
Construction is expected to begin in early 2023 and completed targeted for the summer of 2025.
“Wellory Living captures Huntsville’s innovative, forward-thinking nature,” Huntsville Mayor Tommy Battle said in the announcement. “RCP has done a great job at bringing housing options to the city that are as bold as the people of Huntsville. MidCity District continues to showcase our city as a true destination for top talent to live, work and play.”