Officials will break ground Tuesday on a new retail project at the southeast corner of Bob Wallace Avenue and Memorial Parkway in Huntsville.

RCP Companies, a Huntsville-based real estate developer doing business as Arora Properties, will host a groundbreaking ceremony at 2 p.m. at the future site of Merchants Square across from the Whole Foods-anchored Shops at Merchants Walk. The project will be home to Chuy's and ULTA Beauty in 2018.

RCP Director Odie Fakhouri said they plan to unveil two additional first-to-Alabama concepts at the event. Refreshments will be served.

Demolition began in May at the property on 2615 Memorial Parkway S.W. The city agreed in January to spend $3 million on a new 300-unit parking deck at Merchants Square, which will include 41,500 square feet of commercial space.

RCP is also developing MidCity at the old Madison Square Mall and CityCentre at Big Spring on the site of the former Holiday Inn in downtown Huntsville.

Check AL.com on Tuesday for updates on Merchants Square.