ATHENS, AL, Sept. 10, 2025 (PRNewswire) – DDB Capital Fund, LLC (“DDB Capital”), a leading real estate investment fund located in the Southeast, announced city approval of a conditional rezoning for a planned 255-home community in Athens, Alabama. The milestone aligns with the relocation of U.S. Space Command headquarters to Redstone Arsenal in Huntsville, reinforcing long-term housing demand across the Huntsville metro, of which Athens is an important part.
Designed for active living and everyday convenience, the community plan emphasizes movement, connection, and relaxation. Residents will enjoy connected trails for evening walks, a resort-style pool, pickleball courts, and generous green space with room for neighborhood gatherings.
“Zoning approval is a vote of confidence in our plan to deliver a high-quality neighborhood for families, builders, and long-term investors,” said Derek Distenfield, Managing Director at DDB Capital. “With Space Command coming to Redstone Arsenal and regional job growth accelerating, Athens is positioned for durable demand and value creation. Our plan balances housing, open space, and connectivity so the community performs for residents and stakeholders alike.”
Community at a Glance:
- Homes and scale: Up to 255 single-family homes across approximately 122 acres
- Amenities and lifestyle: Resort-style pool, pickleball courts, connected walking trails, neighborhood green spaces, and gathering areas that support an active daily routine
- Connectivity: Convenient reach to Redstone Arsenal and Huntsville employment centers, with everyday services and schools nearby
- Zoning designation: Split residential zoning under R-1 and R-3, approved with conditions
- Maximum yield: Development limited to a maximum of 255 residential lots within the rezoning boundaries
- Open space requirement: A minimum of 45 percent of the overall property must be identified as active or passive open space, Floodway or Floodplain, and Riparian Buffers
- Next steps: Engineering and builder coordination begin immediately, including refinement of amenity, trail, and open space networks consistent with the approved conditions.
Interested residents can join the VIP list for early updates at: https://higherliving.carrd.co/
About DDB Capital:
Our mission is to drive innovation in real estate development while fostering thriving communities and sustainable growth. We are committed to delivering transformative developments that create lasting value for both investors and residents across the Southeast. For more information, visit www.ddbcapital.com.
SOURCE: PRNewswire
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