Market Watch · The Docket
Updated November 6, 2026
Preliminary update, November 6. Opelika's permit and planning records are now read in full for November 2024 through November 6, 2026 (8,204 permits issued or applied for, 891 planning cases). Auburn's public permit map lists open permits only, so closed Auburn permits from earlier months are missing; Lee County and Smiths Station records have not yet been obtained. A passed final building inspection is not treated as a certificate of occupancy. The pipeline total and percentages in the read below carry over from earlier in the month and have not been recomputed.
Purple dots mark park and land context, separately filtered from projects. Project dots are filled when construction has started, solid ring when approved, dashed when only filed. Tracts large enough to see are shown as a shaded circle of their stated acreage, centered on the project; it shows size, not the property line. Dots placed from a street address say so; the rest are placed at the named road, intersection or campus and are approximate. Click a dot or a project for its status and source. The table below assigns every residential project in our pipeline data to its nearest growth area.
October 2026
Lee County had 85,379 housing units in July 2025.1 The Auburn and Opelika pipeline on this page holds about 14,000 more, counting planned developments at their approved maximum. That is 16 percent of everything standing today. The county issued 1,575 residential building permits in 2025.1 At that pace, the pipeline is about nine years of construction. Some of it will move faster. Some of it will never break ground. Approved is not built. This total has not yet been recomputed for the projects added on October 26.
The largest project on the list is The Foundry at North College, by Jolly Development. It sits north of Hickory Dickory Park and west of the Publix on East University Drive.3 The council approved the plan unanimously in March: about 282 acres, seven phases over 15 years, and up to 2,425 homes, including a maximum of 625 apartments and 1,800 houses and townhomes. The plan also carries 275,000 square feet of commercial space and 60,000 square feet of office.2 About 41 percent of the property is a greenway along Saugahatchee Creek, with trails and a flood buffer.3
Read the housing numbers as ceilings. A council amendment lowered the minimum number of units and the minimum unit size, so the developer has room to build less.4 Another amendment banned short-term rentals inside the development.3
The road comes first. Phase One builds a connector parallel to Shug Jordan Parkway, linking North College Street to North Donahue Drive with a central roundabout.2 The city and the developer split the roughly $8 million cost, and the developer pays its half when the road is done.3 How the project meets North College, a state route, is still being worked out with ALDOT.2
In context: The Foundry is about three-quarters of North Auburn's housing pipeline, and its apartment cap alone is larger than any single complex on this page. Plains High School is scheduled to open next door in fall 2028. Shug Jordan Commercial has filed 59 acres of mixed use nearby. A school, a connector road, and a retail center arriving together is how a suburb gets a town center. At 15 years, most of it is a 2030s story.
RISE Auburn (718 beds) and The Mark (825 beds) both target fall 2028. That is about 1,500 private beds. Auburn enrolled 6,112 first-year students in fall 2025, with total enrollment just over 35,000.5 The new beds equal about a quarter of one freshman class, or about 4 percent of the student body. The East Thach hall, now under way, adds 680 to 696 campus beds by March 2028 (university sources differ), but it replaces Cambridge Hall, so its net gain is smaller.10 Concourse Hall's 371 beds already opened this summer.11
Off campus, Interlude Cottages on North Dean Road is building 235 to 243 rental cottages and duplexes, with a construction loan closed in March and completion targeted for 2027.13 Rental cottages compete with student apartments for the same upperclassmen and young households.
The same window holds Plains High School's opening and the Jordan-Hare north end zone project, which runs through spring 2029. Four large projects on one calendar will compete for the same trades.
Four Opelika subdivisions account for about 1,740 lots: Woodhaven (about 624), Bridgewater (541), Mayfair (401), and Crawford Reserve (171). Four apartment projects add 1,120 units, but only Springs at Opelika has started. Society Hill needed a 12-month extension in August. Approvals can sit.
The city is paying for roads to serve the new neighborhoods: $7.6 million in July contracts, including Bridgewater Boulevard and the Mill Village roundabout. Downtown, The Mill plans 327 homes over about ten years, and its first 183-lot plat was filed in September.
A ready site is part of the development picture even before a tenant files a building plan. The City of Opelika and its Industrial Development Authority announced the approximately 105-acre Opelika Innovation and Technology Park in January 2020, along US Highway 280 West between Veterans and Waverly Parkways, in a designated Opportunity Zone.15 The city's economic-development marketing listing, last updated February 17, 2026, describes 5–20-acre parcels and quotes $95,000 per acre.16 Those are dated marketing terms, not independently confirmed current availability. Remaining acreage, utility capacity, permitted uses, access and any site commitments still need a fresh check with the authority.
This is industrial-site inventory, not a newly started construction project. It therefore belongs in the market's sites-and-capacity analysis without being counted as an additional filed, approved or started building in the project pipeline. The research process now requires monthly checks of industrial parks and publicly marketed authority land, including older sites with no new construction announcement.
The industrial projects on this page that state a job count add up to about 500 jobs: Faith Technologies (200+), Vulcaflex (130), GMB USA (75), Yongsan (about 68), Shinhwa (20), and Channing Street Copper (about 15). Metro manufacturing employment was 7,500 in June 2026, unchanged from a year earlier.6 The announced jobs would add about 7 percent.
The metro added 2,700 jobs over that year, reaching 83,600. Leisure and hospitality added 1,100 of them, about four in ten.6 Announced jobs arrive over years. Payroll counts arrive monthly. The factories are coming, and the hiring will show up later. But 500 jobs against 14,000 homes says the homes are not following the factories. The university and people moving in are driving housing here.
City permit and inspection records and Auburn University's September construction report move several projects forward.1014 The Mark broke ground in April and has permits for three buildings. Jordan-Hare's north end zone broke ground September 10. The university lists six academic projects under construction, led by the $100 million Thorne building; Comer Hall was 90 percent done in September. In Opelika, Townes of Hampshire on Frederick Road has eight residential buildings with passed framing inspections.
Two projects finished. East Alabama Health reports its 30-bed critical care addition complete and EAMC North, a 40-bed psychiatric hospital, open, both in 2026.12 They leave the active list.
Smaller ones on the permit map: Grand Junction, 28 townhomes with a restaurant and offices at 1027 East Glenn, and a residential second phase of the Judd Avenue mixed-use project at 538 Richland Road.14 We have not counted either in the totals.
Auburn's council approved a tax abatement on October 6 for Maxim, a maker of labels and packaging. Maxim plans an RFID and smart-label plant at 967 Stage Road, near Auburn University's RFID Lab: about $1.4 million in a 5,680-square-foot building.78 How many jobs it brings is not settled. See below.
The same meeting took up a $9.87 million contract with AGX Siteworx for the first phase of the North Donahue Drive widening, from Shug Jordan Parkway toward the Saugahatchee Creek bridge, and a separate $770,861 engineering agreement.8 That is a contract, not a road. North Donahue is the road The Foundry's connector will meet.
On October 8 the planning commission approved revised plats for Slaughters Reserve, a 58-lot plan with townhomes, and extended Shelton Mill Phase 4's conditional use.9 A revised plat or an extension moves a project along. It does not add one. We have not yet matched these against the projects already counted, so the totals above leave them out.
October coverage so far: Auburn's council on October 6, its planning commission on October 8, the city's October 7 release, Auburn's public permit map (read October 26), one Opelika project's permit and inspection records, and Auburn University's September report. Opelika's other permits, Lee County, Smiths Station and the Lee County part of Phenix City are not yet read.
How we count: the pipeline includes filed, approved, and started projects in Auburn and Opelika. Planned developments count at their approved maximum. Project figures without a number here come from the list below, where each row carries its source. Percentages compare the pipeline with Census housing estimates and Alabama Department of Labor metro employment.
The larger projects: 100 or more homes or apartments, major commercial and mixed-use sites, industrial investment of $10 million or 50 jobs, and public projects of $10 million or more, plus smaller ones that change a main corridor. Smaller projects appear in the monthly issues.
| Growth area | Mostly adding | Homes and townhomes in the pipeline | Apartment units in the pipeline |
|---|---|---|---|
| Southwest Auburn | Homes | 802 | 0 |
| Technology Park West | Industrial jobs | 0 | 0 |
| Northwest Auburn | Homes | 948 | 0 |
| North Auburn | Mixed use, schools, homes | 2,468 | 655 |
| Downtown Auburn and campus | Student beds, campus buildings | 367 | 883 |
| US 280, Pepperell and Tiger Town | Apartments, commercial, hospital | 1,377 | 935 |
| Downtown Opelika | Infill homes, public housing rebuild | 617 | 252 |
| North Opelika | Homes; industrial reuse | 1,423 | 0 |
| East Opelika | Homes | 1,138 | 0 |
| South Opelika | Homes, apartments | 1,593 | 517 |
| Project | Size | Status | Last change | Source | Verified |
|---|---|---|---|---|---|
| Perryman Hill Apartments 3655 Veterans Pkwy, Opelika | 265 units | Approved Conditional use | Mar 2026 | Opelika PC minutes, March 24, 2026 | Sept 23, 2026 |
| Tree Tops II 2908 Birmingham Hwy, Opelika | 338 units | Approved Conditional use | Mar 2026 | Opelika PC minutes, March 24, 2026 | Sept 23, 2026 |
| Bridgewater Logan Dr, Opelika | 541 lots | Approved Preliminary plat. Council awarded $1.53M Bridgewater Boulevard contract July 7, 2026. | Jul 2026 | Opelika PC minutes, Oct 28, 2025 Opelika Observer, July 7, 2026 | Sept 23, 2026 |
| Woodhaven Ridge Rd (Lee Road 390), Opelika | ~624 lots on 304.5 acres | Approved PUD, Ordinance 027-25, Sept 16, 2025 | Sep 2025 | Opelika Observer public notices, Sept 25, 2025 | Sept 23, 2026 |
| Crawford Reserve 1300 block Crawford Rd, Opelika | ~171 lots on 73.3 acres | Approved PUD, Ordinance 006-26, Feb 3, 2026 | Feb 2026 | Opelika Observer public notices, Feb 9, 2026 | Sept 23, 2026 |
| Mayfair S Uniroyal Rd, Opelika | 401 lots planned | Approved Phases 1 and 2 preliminary plats (246 lots) | Jun 2026 | Opelika PC minutes, June 23, 2026 | Sept 23, 2026 |
| Society Hill Apartments 2900 Society Hill Rd, Opelika | 265 units | Approved Conditional use; 12-month extension approved Aug 25, 2026 | Aug 2026 | Opelika PC minutes, Aug 25, 2026 | Sept 23, 2026 |
| Springs at Opelika 3305 Gateway Dr, Opelika | 252 units in seven three-story buildings, plus clubhouse; 13.5 acres | Started Groundbreaking announced Aug 2026. Opelika issued building permits for the seven apartment buildings, clubhouse, mail kiosk and site Aug 28-31, 2026 (BPRES-002200 to 002209-2026). Contractor McShane reports completion expected January 2028. | Aug 2026 | Opelika Observer, Aug 11, 2026 McShane Construction, Sept 29, 2026 Opelika public records search (permits BPRES-002200 to 002209-2026) | Nov 6, 2026 |
| The Mill (Pepperell Village) 1st and 2nd Aves at 24th St, Opelika | $125 million over ~10 years; 327 homes and townhomes; office, retail, food on ~41 acres | Approved PUD approved 2025; 183-lot plat filed Sept 22, 2026; city awarded $3.34M Mill Village roundabout contract July 7, 2026 | Sep 2026 | The Bama Buzz, July 15, 2025 Opelika PC agenda, Sept 22, 2026 | Sept 24, 2026 |
| Ridgecrest redevelopment (Auburn Housing Authority) 945 N Donahue Dr, Auburn | $21 million; 106 units rebuilt as 176 (70 for seniors) | Approved Council approved city funding Feb 2026 | Feb 2026 | Opelika Observer, Feb 23, 2026 | Sept 24, 2026 |
| Interlude Cottages (Auburn Cottages) 1397 N Dean Rd, Auburn | 235 to 243 rental cottages and duplexes (sources differ) | Approved Council approved the conditional use July 22, 2025 (Resolution 25-145). A $46 million construction loan closed in March 2026, with completion targeted for 2027. The city has issued 23 home permits (Sept to Oct 2026) and permits for leasing, fitness and maintenance buildings (May 2026). | Oct 2026 | Auburn council minutes, July 22, 2025 Greysteel, March 24, 2026 City of Auburn permit map | Oct 26, 2026 |
| Townes of Hampshire 2650 Frederick Rd, near Tiger Town, Opelika | Eight residential buildings and an amenity building; 155 townhomes in older records (not yet confirmed) | Started Building permits issued Jan 3, 2026 (BPRES-003672 to 003683-2025 and BPC-003688-2025). City inspection records show passed foundation, framing and rough-in inspections through October 2026. | Oct 2026 | Opelika permit ENGP-000141-2025 Opelika public records search | Oct 26, 2026 |
| 1680 Corporate Drive apartments 1680 Corporate Dr, Opelika | Six apartment buildings, clubhouse, mail building and one other building | Filed Building permits applied for April 20, 2026 and still pending on Nov 6. Developer and unit count not yet confirmed. | Apr 2026 | Opelika public records search (permits BPRES-001347 to 001352-2026; BPC-001353, 001354, 001356-2026) | Nov 6, 2026 |
| Project | Size | Status | Last change | Source | Verified |
|---|---|---|---|---|---|
| LeMans Square and Chateau apartments 560 N Gay St and 560 Perry St, Auburn | Redevelopment; Chateau 126 units | Approved Council approved conditional uses Aug 18, 2026 | Aug 2026 | Opelika Observer, Sept 1, 2026 Auburn PC agenda, Aug 13, 2026 | Sept 23, 2026 |
| RISE Auburn 712 W Glenn Ave, Auburn | 240 units, 718 beds; $87 million permit | Approved Building permit issued (the city's permit map dates it May 27, 2026; press reported it June 3); foundation permit February 2026. Due before the 2028-29 school year. Start of construction not yet confirmed. | Jun 2026 | The Bama Buzz, June 8, 2026 | Sept 23, 2026 |
| The Mark 141 Wright St, Auburn | 329 units, 825 beds | Started Groundbreaking and start of construction reported April 15, 2026. City permits: foundations for Buildings 100 and 200 (March 2026), Building 200 (Aug 2026), Building 300 (Oct 7, 2026) and the Building 100 main building (BL-2025-04372, Nov 6, 2026). Delivery expected fall 2028. | Nov 2026 | The Bama Buzz, April 16, 2026 Landmark Properties, Dec 9, 2025 City of Auburn permit map | Oct 26, 2026 |
| East Thach residence hall (Auburn University) E Thach Ave at S Gay St, Auburn | 680 to 696 new beds (sources differ); six stories, 170,000 SF; $100 million; replaces Cambridge Hall | Started Cambridge Hall demolished; site work and basement excavation under way, 5% complete (university report, September 2026). Completion March 2028. | Sep 2026 | Auburn University capital program report, Sept 2026 (p. 29) Auburn University project profile Auburn University, Nov 18, 2025 | Oct 26, 2026 |
| Jordan-Hare north end zone events center Auburn University campus | ~300,000 SF, seven stories; $323 million; events, dining, premium game-day space | Started Groundbreaking Sept 10, 2026; site and foundation work under way. Full completion targeted spring 2029. | Sep 2026 | Auburn Athletics, Sept 11, 2026 Auburn University capital program report, Sept 2026 Auburn University, April 2026 | Oct 26, 2026 |
| Auburn University academic projects under construction Auburn University campus | Thorne academic and research building $100M; Comer Hall renovation $40M; Quad halls Keller and Owen $28.5M; Research Park facility (RFID) $25M; Brown-Kopel lab $14.5M; airport control tower $9M | Started University lists all six as under construction and its September report shows work on each. Comer Hall was 90% complete in September with a November 2026 target. | Sep 2026 | Auburn University capital projects Auburn University capital program report, Sept 2026 | Oct 26, 2026 |
| Project | Size | Status | Last change | Source | Verified |
|---|---|---|---|---|---|
| Perryman Hill Plaza US 280 at Veterans Pkwy, Opelika | 65,000 SF center; 9-lot plat | Filed Plat back before the planning commission. Grocery anchor unconfirmed. | May 2026 | Opelika PC agenda, May 26, 2026 | Sept 23, 2026 |
| Birmingham Hwy rezoning 3400 block, Opelika | 18.34 acres, R-4 to C-2 (gateway corridor overlay) | Approved Council adopted Ordinance 022-26, July 7, 2026 | Jul 2026 | Opelika council minutes, July 7, 2026 Opelika Observer, July 7, 2026 | Sept 23, 2026 |
| Extreme Powersports dealership 4800 Birmingham Hwy, Opelika | $9.2 million permit | Approved Building permit issued May 22, 2026 | May 2026 | The Bama Buzz, May 26, 2026 | Sept 23, 2026 |
| The Foundry at North College N College St at Shug Jordan Pkwy, Auburn | 282 acres; up to 2,425 homes (up to 625 apartments and 1,800 houses and townhomes); 275,000 SF commercial and 60,000 SF office; seven phases over 15 years | Approved Jolly Development. Council unanimously approved annexation, PUD zoning, the development plan and an infrastructure agreement March 3, 2026. Unit counts are maximums. Plains High School is planned next door. | Mar 2026 | Auburn Villager, March 5, 2026 Opelika Observer, March 3, 2026 The Auburn Plainsman, March 2026 | Oct 2, 2026 |
| Farmville mixed-use development E Farmville Rd at US 280, Auburn | Mixed-use PDD (size not yet published) | Filed Rezoning and conditional use on July 9, 2026 agenda; council approved a Farmville mixed-use amendment Aug 18 | Aug 2026 | Auburn PC agenda, July 9, 2026 Opelika Observer, Aug 18, 2026 | Sept 24, 2026 |
| Shug Jordan Commercial Shug Jordan Pkwy at N Donahue Dr, Auburn | 58.92-acre PDD; mixed use | Filed Annexation, rezoning and conditional use on April 9, 2026 agenda. Same area as The Foundry. | Apr 2026 | Auburn PC agenda, April 9, 2026 | Sept 24, 2026 |
| Liv Smart hotel 2495 Interstate Dr, Opelika | Extended-stay hotel (room count not confirmed) | Approved Building permit issued Nov 13, 2025 (BPC-002125-2025); land-disturbance permit Feb 2025. Start of construction not yet confirmed. | Nov 2025 | Opelika public records search (permits BPC-002125-2025; ENGP-000307-2025) | Nov 6, 2026 |
| Hotel at 1680 Capps Landing 1680 Capps Landing, Opelika | Hotel (brand and size not public) | Filed Building permit applied for May 13, 2026 and still pending on Nov 6 (BPC-001714-2026). A land-disturbance permit for the site was applied for in March 2026. | May 2026 | Opelika public records search (permits BPC-001714-2026; ENGP-000706-2026) | Nov 6, 2026 |
| Project | Size | Status | Last change | Source | Verified |
|---|---|---|---|---|---|
| Faith Technologies Former Joann Fabrics distribution center, Opelika | $79 million; 200+ jobs | Approved Incentives. Start of work not confirmed. | Jul 2026 | WTVM, Feb 25, 2026 | Sept 23, 2026 |
| Vulcaflex 3111 Haygood Ct, Auburn Technology Park West | ~$70 million; 130 jobs; ~304,000 SF first phase | Approved Council approved industrial conditional use Aug 18, 2026; site preparation reported | Aug 2026 | Opelika Observer, Aug 18, 2026 | Sept 23, 2026 |
| Auburn Technology Park West expansions, 2026 Riley St, Haygood Ct, Biltmore Ln, Auburn | Shinhwa $37M, 20 jobs; 2A USA $32M; Duck Il ~$21M; Kamtec $9.2M; DIA, INFAC, Vertex permits; Seohan Plant #3 and KettenWulf requests | Approved Mix of state announcements, city conditional uses and building permits | Aug 2026 | Made in Alabama: 2A USA, Aug 2026 Made in Alabama: Shinhwa, March 2026 Opelika Observer, March 3, 2026 (Shinhwa abatement, 20 jobs) The Bama Buzz, July 6, 2026 | Oct 2, 2026 |
| Core Scientific data center expansion 1571 W Samford Ave, Auburn | Expansion inside an existing building ($55 million permit reported); Phase 3 and a new substation; staff from 11 to 20+ | Approved City records: alteration permit for Phases 1 and 2 (Feb 2026), Phase 2 mechanical expansion and Phase 3 site plans (2026), substation permit (Aug 2026), Phase 3 foundation permit (Oct 7, 2026). Start of construction not yet confirmed. | Oct 2026 | WTVM, Feb 25, 2026 City of Auburn permit map | Oct 26, 2026 |
| Opelika industrial incentives, 2026 Orr Industrial Park and others, Opelika | GMB USA $9M, 75 jobs; Yongsan $4.46M, ~68 jobs; BS Logistics $1.2M; Channing Street Copper ~$1M, ~15 jobs | Approved Council tax abatements and state announcements, April to July 2026 | Jul 2026 | Opelika Observer, July 7, 2026 Made in Alabama: GMB USA, April 2026 | Sept 24, 2026 |
| Flex Opelika 2685 Society Hill Rd, Opelika | 15 commercial flex buildings | Approved Building permits applied for March 2026. Five were issued July 2 to Aug 11, 2026 (Buildings 1-4 and 15); ten were still pending on Nov 6. Land-disturbance permit issued Dec 2025. Start of building construction not yet confirmed. | Aug 2026 | Opelika public records search (permits BPC-000568 to 000582-2026; ENGP-003469-2025) | Nov 6, 2026 |
| Project | Size | Status | Last change | Source | Verified |
|---|---|---|---|---|---|
| Plains High School and new junior high (Auburn City Schools) Plains High site: east of N Donahue Dr at Yarbrough Farms Blvd; other school works at separate locations | $241.8 million in warrants for schools and facilities | Approved Council approved Aug 4, 2026; high school expected to open fall 2028 | Aug 2026 | Opelika Observer, Aug 11, 2026 | Sept 24, 2026 |
| Opelika road contracts tied to new neighborhoods Bridgewater Blvd; Hi-Pack Dr; Mill Village roundabout | $7.6 million | Approved Council awarded contracts July 7, 2026 | Jul 2026 | Opelika Observer, July 7, 2026 | Sept 24, 2026 |
Filed means on an agenda or in an application. Approved means a board or council voted yes; we name the step. Started means construction confirmed by the developer or the city. Every row carries a source and the date we last checked it.
Sources: Opelika Planning Commission and City Council; Auburn Planning Commission and City Council; the Opelika Industrial Development Authority; Lee County Commission (from later issues). Agendas and minutes are the primary record; press coverage fills in announcements and groundbreakings. We report what the record says and label what is not yet confirmed. This report is updated through the month; each month gets a new report.
See something we missed or got wrong? Tell us. How Redchip researches and verifies: Method.
Disclosure: the author is a partner in Vanguard Industrial Partners, which develops projects in this market and may have interests in or near properties listed here. General information only; see the disclaimer.
Monthly reports: September 2026
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