Downtown Mobile Updates (Taylor: roach, developers, roof)

[evlb401]

Originally Posted by Surge0001

this is the last major building to be revitalized in downtown correct? Can't think of anymore buildings 3-4+ stories in need of revitalization

The AT&T building off st louis and st francis. While not abandoned it is almost vacant and is in a great location for housing.

[Surge0001]

Originally Posted by evlb401

The AT&T building off st louis and st francis. While not abandoned it is almost vacant and is in a great location for housing.

Huh, I was under the impression that the building had been put to use already, would be great for both housing and offices

[Surge0001]

Originally Posted by TimCity2000

that sounds like a nice problem to have! i think we're slowly getting there as well.

I agree, how much more does Bham downtown have left to revitalize?

[TimCity2000]

Originally Posted by Surge0001

I agree, how much more does Bham downtown have left to revitalize?

don't want to derail the thread, but there are still a handful of buildings left that are still sitting empty... the most notable/largest of which is probably liberty national.

[Surge0001]

Originally Posted by TimCity2000

don't want to derail the thread, but there are still a handful of buildings left that are still sitting empty... the most notable/largest of which is probably liberty national.

ahh nice

[Surge0001]

So I'm curious how Downtown will proceed with office department given that there ain't much left to revitalize into more offices. During the pandemic, Downtown's occupancy actually rose slightly from 83.6% to 84.56% in 2020 but remaining the same in total square foot of (which is impressive given that experts expected a collapse of the Downtown office market) with 1.856 million Sq Ft of office space. For a comparison occupancy rate in 2017 was 70.2% with 1.464 million Sq Ft. With only a few smaller buildings left to revitalize, I wonder how the office market will grow.

[PortCity]

Originally Posted by Surge0001

So I'm curious how Downtown will proceed with office department given that there ain't much left to revitalize into more offices. During the pandemic, Downtown's occupancy actually rose slightly from 83.6% to 84.56% in 2020 but remaining the same in total square foot of (which is impressive given that experts expected a collapse of the Downtown office market) with 1.856 million Sq Ft of office space. For a comparison occupancy rate in 2017 was 70.2% with 1.464 million Sq Ft. With only a few smaller buildings left to revitalize, I wonder how the office market will grow.

I think it will do well. Downtown's revitalization has survived the recession and pandemic.

[MardiGras251]

Originally Posted by Surge0001

So only 19 units of the Gayfer Redevelopment will be for the "extremely impoverished" that can get Federal Housing Voucher. The rest will still be "affordable housing". But the plan also says that it is still targeting middle-income earners



So what's everyone's opinion on the Gayfer Project?

I’m surprised the consensus is not overwhelmingly a yes considering the trend showing more people moving downtown. I think the words “affordable housing” scare people Bc they think of housing projects such as orange grove, Josephine Allen (happy hill), and r v Taylor

[MardiGras251]

Originally Posted by Surge0001

So I'm curious how Downtown will proceed with office department given that there ain't much left to revitalize into more offices. During the pandemic, Downtown's occupancy actually rose slightly from 83.6% to 84.56% in 2020 but remaining the same in total square foot of (which is impressive given that experts expected a collapse of the Downtown office market) with 1.856 million Sq Ft of office space. For a comparison occupancy rate in 2017 was 70.2% with 1.464 million Sq Ft. With only a few smaller buildings left to revitalize, I wonder how the office market will grow.

This is why we need the Cordish project to happen at the civic center

[Southsky]

The AT&T building has been rumored to be converted into res/com, but I have seen no signs of it yet. I am in favor of redeveloping the Gayfer's building as proposed. As an example of the benefits of this: think about how many restaurants/bars downtown have had trouble hiring enough staff recently... having a workforce in that segment nearby that can walk/bike easily will certainly ease that problem...