this would share the block with iron city lofts... looks like it would take up the entire half-block (across from trim tab).
renderings in the article:
DRC hears proposal for loft project at historic Lakeview building
A prominent local developer is exploring options for a historic building in Lakeview.
Harbert Realty is proposing an adaptive reuse of the building at the corner of Fifth Avenue and 28th Street South that has housed ABSCO Fireplace & Patio.
Its current conceptual plan that project representatives presented to Birmingham’s Design Review Committee calls for demolishing the structures on site and repurposing the materials for a new multifamily development with 120 units that would include studios as well as one- and two-bedroom loft units. Amenities would include a pool deck, fitness center and bike room.
Historically known as the Huston Biscuit Factory, it served as the first cracker plant for the American Bakeries Co., according to a report by Schneider Historic Preservation. The tall factory building is a contributing structure that dates back to about 1902, and several additions were made to the property over the years in the 1930s and 1960s. The windows also date to the 1960s. In 2019, the National Park Service confirmed the old factory building’s status as a contributing structure in the Southside Historic District.
Since then, several uses were planned for the property, including a new arts campus for Red Mountain Theatre Co. before the organization decided to change course and build in Parkside. Another developer looked at the site but pulled out due to structural engineering reports that showed the high cost of redeveloping the property, even with federal and state historic tax credits.
Harbert Realty affiliate Fifth South Apartments LLC acquired the property at 416 28th St. S. for $2 million last year, as we reported.
The DRC decided to table the item for further review during a working session.
Located next to Iron City Lofts, it’s a property situated in the Lakeview area that has seen steady interest from developers over the past few years, particularly from the multifamily sector.