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Old 12-17-2019, 03:06 PM
 
247 posts, read 87,992 times
Reputation: 54

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Another student housing project coming to Parkside:

https://www.bizjournals.com/birmingh..._news_headline

"New Jersey real estate firm Aptitude Development plans to bring its Marshall student housing brand to 1201 Third Ave. S. by Children’s on 3rd Outpatient Center and University House. The company did not immediately respond to requests for comment.

The development is expected to house studio, one-, two- and four-bedroom apartments. BSB Design is the architect on the project."
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Old 12-17-2019, 03:14 PM
 
Location: Birmingham, AL
1,433 posts, read 921,181 times
Reputation: 632
parkside may well end up being the densest neighborhood in the city in a few years.

really hope that hotel development on 1st ave south (across from the park) gets going soon.
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Old 12-17-2019, 03:17 PM
 
212 posts, read 89,146 times
Reputation: 72
Quote:
Originally Posted by magiccity3 View Post
Another student housing project coming to Parkside:

https://www.bizjournals.com/birmingh..._news_headline

"New Jersey real estate firm Aptitude Development plans to bring its Marshall student housing brand to 1201 Third Ave. S. by Children’s on 3rd Outpatient Center and University House. The company did not immediately respond to requests for comment.

The development is expected to house studio, one-, two- and four-bedroom apartments. BSB Design is the architect on the project."
Wow, that area is going to have some nice residential density in the next 2-3 years. Hopefully UAB can keep growing enrollment so these places fill up. Looks like Alabama Auto Top will have to move to a new location.

That article also mentions "Aptitude Development is currently in talks to acquire the parcels that make up the block." I wonder if they just mean the half of the block containing the parking lot and Alabama Auto Top or if Aptitude is also trying to buy the Chevron and Cassidy Glass building?
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Old 12-17-2019, 03:19 PM
 
247 posts, read 87,992 times
Reputation: 54
Quote:
Originally Posted by TimCity2000 View Post
parkside may well end up being the densest neighborhood in the city in a few years.

really hope that hotel development on 1st ave south (across from the park) gets going soon.
Yeah I was thinking about that project the other day. Gotta think it gets going sometime in 2020. I think a hotel would do well there, good distance between the City Center and UAB.
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Old 12-17-2019, 03:22 PM
 
247 posts, read 87,992 times
Reputation: 54
I also wonder how long after all these apartments open will all the little office buildings / strips flip to become something higher value.
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Old 12-17-2019, 05:23 PM
 
247 posts, read 87,992 times
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Wow this project of the Global Forum for Freedom & Justice seems to have a lot more momentum than I realized right now. This would be a pretty substantial additional to that part of town:

https://www.bizjournals.com/birmingh...source=twitter
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Old 12-17-2019, 05:28 PM
 
247 posts, read 87,992 times
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“ The Global Forum for Freedom & Justice – the brainchild of Washington, D.C., philanthropist Wayne Reynolds – would mark a massive investment in Birmingham’s Civil Rights District, where revitalization efforts are underway.

It could include a partnership with a major university that would allow 1,000 students to study at the site – creating an opportunity to bring emerging leaders from around the world to Birmingham.

Speaking to a group of community leaders on Tuesday at the Florentine, Reynolds said the Global Forum would be designed as a gateway to America’s civil rights trail. He said it could complement major Alabama civil rights attractions like the Birmingham Civil Rights Institute and the new Equal Justice Initiative in Montgomery.

The forum would be located on Seventh Avenue North between 16th and 17th streets. A portion of the property is owned by the city of Birmingham, and a portion is owned by Alabama Power Co. It is located across from Kelly Ingram Park and across the street from the historic Sixteenth Street Baptist Church. It is located in an Opportunity Zone.

Several heavy hitters from Alabama’s business community are listed on the forum’s leadership council, including Alabama Power Co. CEO Mark Crosswhite, former Protective Life CEO Johnny Johns, Regions CEO John Turner and UAB President Ray Watts. Crosswhite spoke at the event on Tuesday.

Reynolds said the group will soon announce an alliance with a major university that would create a campus at the Forum that would include 1,000 students. The project would also include housing for students and faculty. While the Forum itself is a nonprofit venture, the overall project would include opportunities for adjacent for-profit development that could include a hotel and retail space. Reynolds mentioned at the meeting that the group is looking for developers to partner on the project.

Reynolds said he has been working on the project for more than a year and noted the project has garnered interest from notable organizations and entities around the world – from the ACLU and UNESCO to the White House.

Alabama Power’s Crosswhite said the company is working to support the project, as well as a master plan for the district.

Reynolds recently told the BBJ that the project could cost an estimated $40 million and that between $10 million and $20 million had been committed to the project.

Given the global scale and ambition of the project, Reynolds – who led a massive fundraising campaign at Ford’s Theatre in Washington, D.C. – believes the funding will come.“
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Old 12-17-2019, 05:46 PM
 
2,969 posts, read 2,793,111 times
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Hopefully something comes of it. There have been on-again off0again talks of renovating the Civil Rights District starting with the AG Gaston Motel for more than a decade but to my knowledge, nothing has really happened yet.

This area is a key link in breathing new life into the area between the CBD and the midtown areas that have experienced a good bit of redevelopment over the last 10-15 years.
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Old 12-17-2019, 05:56 PM
 
Location: 35217
1,157 posts, read 899,542 times
Reputation: 552
They are renovating the A.G. Gaston Hotel as we speak...

https://bhamnow.com/2019/07/01/birmi...n-blvd-photos/

https://www.birminghamal.gov/gaston
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Old 12-17-2019, 06:12 PM
 
247 posts, read 87,992 times
Reputation: 54
I know this is very “this time is different,” but I think the plan Urban Impact has put together for the Freedom Walk, along with the National Monument Status, will make all this much more likely to happen.
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