Birmingham Development News - Page 119

Bamablazer · #**2361** Posted **Jul 11, 2014, 9:34 AM**

Quote:

Originally Posted by Tourian

You think an anouncement is imminent?

They were chosen to do the evaluation and planning for the property back in July last year. It is long over due considering they were given 6 months. I understand the CrossPlex is quite successful with a number of impressive events on the horizon.

TimCity2000 · #**2362** Posted **Jul 15, 2014, 7:35 PM**

some small tidbits:

30-40 employees moving from Hanceville to the Paramount Building in downtown Birmingham, with plans to double in the next five years:
Action Resources CEO cites vibrant Birmingham, luring new talent in headquarters move

Plans for converting a historic 3-story building on 3rd Ave North to commercial / residential space:
Historic downtown Birmingham building being sold to highest offer among renovation plans

TimCity2000 · #**2363** Posted **Jul 15, 2014, 10:14 PM**

more good news for parkside. kinda wish this building was being torn down and replaced with something a little denser/taller, but at least based on the renderings, you can't really tell that it was an old bakery/factory...

Former Merita Bakery next to Birmingham Railroad Park to become restaurant, office space

SpawnOfVulcan · #**2364** Posted **Jul 16, 2014, 1:06 AM**

I'm kinda bummed, too. But at the same time, building a taller building here would obscure the good view you have from I65 of the BIRMINGHAM sign on Regions Field.

TimCity2000 · #**2365** Posted **Jul 16, 2014, 3:03 PM**

i've been asking about this property for YEARS... not sure why it took so long to get snapped up. great location.

Bristol Development buys Clairmont property in Birmingham for $4.35 million, plans 246 apartments

TimCity2000 · #**2366** Posted **Jul 16, 2014, 6:50 PM**

boo....

Developers pull plug on L&N Parkside apartment and retail project near Birmingham Railroad Park

SpawnOfVulcan · #**2367** Posted **Jul 16, 2014, 8:18 PM**

Quote:

Originally Posted by TimCity2000

boo....

Developers pull plug on L&N Parkside apartment and retail project near Birmingham Railroad Park

Eh, it was bound to happen at some point. I'd have been surprised if every single one of these went through.

TimCity2000 · #**2368** Posted **Jul 16, 2014, 8:23 PM**

^ not to mention it was more than offset by the other announcement today.

still, I hope this property is eventually developed into apartments/condos. I think it would be cool to see mid- to high-rises circling the outfield of regions field.

SpawnOfVulcan · #**2369** Posted **Jul 16, 2014, 9:44 PM**

Quote:

Originally Posted by TimCity2000

^ not to mention it was more than offset by the other announcement today.

still, I hope this property is eventually developed into apartments/condos. I think it would be cool to see mid- to high-rises circling the outfield of regions field.

It will be, the area is too hot to not be bought up.

TimCity2000 · #**2370** Posted **Jul 16, 2014, 9:52 PM**

^ the article seems to imply that the current owner will hold on to the property and pursue a different type of (smaller) development.

TimCity2000 · #**2371** Posted **Jul 18, 2014, 9:14 PM**

didn't realize this project was going to have a second phase...

Southside to get 57 new apartments with second phase of University Flats

first phase pic:

jslaughter · #**2372** Posted **Jul 19, 2014, 6:12 PM**

Quote:

Originally Posted by TimCity2000

^ the article seems to imply that the current owner will hold on to the property and pursue a different type of (smaller) development.

I swear if the owner of the property does that, I'm going to blow a fuse. We need to be looking at nashville for example. But im still kind of skeptical if birmingham's market can support some of the projects that size.

Tourian · #**2373** Posted **Jul 23, 2014, 4:43 PM**

I think they'll end up selling it. It makes more sense now to just hang on to it and let the value go up. Inevitably someone who doesn't need government money will come along and want to develop that property.

Bamablazer · #**2374** Posted **Jul 26, 2014, 9:31 PM**

Quote:

Originally Posted by TimCity2000

based on the article, sounds like the red canopy may somehow be incorporated? but the building itself appears to be coming down:

I walked by the Firestone building yesterday and noticed a "No Parking 8-3-14" stenciled on several places on the 20th street side of that building. I sure hope this means demolition and construction is about to start.