Work is beginning on two new buildings on the former Remington Outdoors plant site.

The city of Huntsville issued two permits totaling more than $30.5 million for sites at 1840 Remington Trail and 120 Electronics Boulevard. The permits were issued to Twenty Lakes Holding. Twenty Lake Holdings, a Connecticut-based Real Estate Investment and Management Company, purchased the property for $25 million in 2021.

Huntsville Communication Director Kelly Schrimsher said one of the buildings, valued at more than $23 million, is a new spec warehouse.

ARCO/Murray National, which is involved with several high-profile projects in Huntsville, is listed as the builder for the two buildings. It is also the builder for the $110 million Anthem House mixed-use development in MidCity, and the $108 million Wellory Living development in MidCity.

Remington Outdoors opened the plant in 2014. It also located its headquarters there. The company was lured by nearly $70 million in incentives. Huntsville provided $8.5 million, the Madison County Commission provided $2 million and the Huntsville Industrial Board provided $1 million.