Construction is progressing on the new 4040 Chris Drive multi-tenant facility, and to celebrate the placement of the final beam, Freedom Real Estate and Capital, Invariant Corporation, and Torch Technologies hosted a Steel Topping Out ceremony on Friday, November 20, 2020. In building construction, topping out is a builders’ rite traditionally held when the last beam is placed atop a structure during its construction. Due to COVID restrictions, this event was held privately.
The event began with a welcome from Huntsville/Madison County Chamber CEO Chip Cherry and Huntsville Mayor Tommy Battle. Next, we heard from property developer Freedom Real Estate & Capital CEO, Bill Roark, as well as from representatives of the tenants of the new facility, Invariant Corporation Director of Advanced Technology, John Montgomery, and Torch Technologies Senior Director, Brady Porter. Turner Construction’s Project Executive Brandon Tucker provided ceremony history, and Turner raised the final beam atop the structure.
“Congratulations to our design and construction partners for keeping the project on schedule and moving forward safely during COVID,” said Freedom Real Estate & Capital’s Director of Capital Projects, Lee Holland. The design is led by Arcspace Studio and construction is led by Turner Construction Company. The project has achieved 25,000 work hours to date with no lost time accidents or injuries.
The 4040 Chris Drive Development is a multi-tenant building that will house up to 92,000 square feet and will feature a mix of office, research and development labs, light manufacturing, assembly, and integration space along with a high bay. The new mixed-use facility in South Huntsville has a completion date of early summer 2021.
About Freedom Real Estate: Our company was founded on the basis of ethical fair play and the desire to provide the best results for our stakeholders. We are local market experts in the business of long-term ownership and management of commercial real estate. We are dedicated to building relationships in the community and with our clients. Freedom Real Estate develops professional environments showcasing and supporting our clients’ businesses. At Freedom we acknowledge that profit is important, but it’s not the bottom line. Freedom was established in 2014 to invest and manage commercial real estate. We developed an investment strategy around commercial rental income properties in the Huntsville, Alabama area, particularly southeast Huntsville. Our key focus was, and is, to own, hold and manage long term commercial real estate to return a reasonable profit. We concentrate our efforts on renovating and modernizing spaces to attract and retain premium tenants and partner with other investor firms to develop properties. We’re proud and grateful for the strong partnerships with key real estate property professionals in our region.
About Invariant Corporation: Founded in 2001, Invariant Corporation is an engineering services and software development company proudly supporting the men and women in uniformed service, as well as the civil servants that support them. Invariant represents a commitment to the highest quality of achievement in service to their customers by providing a broad range of expertise and customer support. This includes cutting-edge custom software development, specialized missile interface and launcher capabilities, infrared (IR) modeling and simulation, real-time target track and sensor fusion, and laser testing expertise. Invariant is moving its headquarters into the new South Huntsville multi-tenant facility and looks forward to expanding capabilities in prototype development and manufacturing with an overall increase in operating area by almost three times its current space. Invariant was named a winner of the Best Places to Work in Huntsville award in 2019. The definition of Invariant is “never changing” as it relates to our constant commitment to excellence, and a commitment to those that serve our Nation.
About Torch Technologies: Founded in October 2002, Torch Technologies, Inc. (Torch) is a 100% employee owned business dedicated to quality technical services, competitive costs and ethical business practices. Torch has received both national and local recognition for its business performance, workplace environment, and ethical business practices. Most recently, in 2020, Torch became the only four-time recipient of the Better Business Bureau’s Torch Award for Business Ethics in the North Alabama region, also winning in 2015, 2009, and 2005. Also in 2020, Great Place to Work named Torch one of the country’s Best Workplaces in Consulting & Professional Services for the fifth consecutive year, and Great Place to Work and Fortune magazine named Torch one of the country’s Best Workplaces for Millennials for a second year, with previous recognition in 2018. Torch was ranked on the Inc. 5000 list for the fourteenth consecutive year in 2020, and Washington Technology listed Torch in its annual “Top 100” Government Contractors ranking for the sixth consecutive year. Bloomberg Government listed Torch in its annual “Top 200” ranking for the fourth consecutive year in 2020, and Torch was selected for a 2020 Colorado Springs Business Journal “Best in Business” award. In 2019, Torch was ranked on the Entrepreneur 360 list for the third consecutive year. In 2018, Great Place to Work and Fortune magazine named Torch a Best Medium Workplace for the third consecutive year. Additionally, Torch was recognized as the 2018 ESOP Company of the Year by the New South Chapter of The ESOP Association. Torch was also named a winner of the 2018 Best Places to Work in Huntsville award, marking Torch’s fifth time to receive this honor, with previous wins in 2017, 2016, 2012, and 2008. In 2016, Torch was named one of America’s Best Small Companies by Forbes. For more information, visit the company’s website at www.TorchTechnologies.com
Cayce McAlister, Communications Specialist
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