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HUNTSVILLE, AL-The Santa Monica, CA-based O&S Holdings LLC has hit the 50% preleasing and presale benchmark to signal the start of vertical construction for the $200-million Bridge Street Town Centre. The developer has aligned four general contractors to complete the two-million-sf, mixed-use development in the heart of Cummings Research Park.

O&S Holdings started priming the plan last summer for the 101-acre development at the junction of Interstate 565 and Alabama 72. Patterned after classical architecture in Tuscany, Italy and Provence, France, the mix of retail, hospitality, office and high-density residential space is scheduled to start delivering in June 2007.

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