A recently announced $19 million expansion of America’s First Credit Union is the latest investment in the City Center. A new four-story tower will add 45,000 square feet to the existing campus on downtown’s western edge, adjacent to the newly- designated Birmingham Civil Rights National Monument site.
This project, which will add 90 jobs to the west side of downtown, was championed by Mayor William Bell and enhances the already robust employment opportunities in Birmingham’s urban core.
With the recently announced National Monument designation for our Civil Rights district and the impact of the Innovation Depot in growing new businesses, the north west side of downtown Birmingham is poised for growth. These catalysts, in addition to America’s First’s investment in the area, fuel momentum for redevelopment and investment toward I-65.
From concept to completion, large projects – downtown and in our neighborhood commercial districts – take months or even years to come to fruition. REV Birmingham’s team enjoys working with the City of Birmingham and private investors on these complex projects, addressing components such as financial incentives (redevelopment agreements and historic tax credits), infrastructure improvements (sidewalks, lighting) and parking.
Related News
-
Why we say yay to two-way streets
Filed Under: Developer, Downtown Birmingham, Filling Vacant Spaces, Front Page, Transportation, Yaysayers
REV Birmingham is a long-time advocate for making the switch to two-way streets downtown, and this is something recommended by planners studying our downtown for years. In fact, the team that developed the 2004 City Center Master Plan recommended many street changes but noted 4th Avenue North conversion should take place “immediately.” We believe this project is a catalytic moment for Birmingham – but you may find yourself wondering why that is.
-
The Key Tool for Urban Revitalization: Downtown BHM's Business Improvement District
Filed Under: Business-Proving, Developer, Downtown Birmingham, Front Page, Get Involved, Potential-Proving, Why BHM
By the time REV took on BID management in 2018, downtown had a new set of needs from its BID. Downtown Birmingham in the ‘90s had a population mainly of 9 to 5 employees. But the downtown of 2018 had a whole new population of residents and visitors throughout the day and night. We had new opportunities to create positive experiences, inviting them into more downtown businesses and public spaces, and to keep them coming back for more.
-
Introducing the six businesses that call Nextec home
Filed Under: Business-Proving, Developer, Downtown Birmingham, Filling Vacant Spaces, Front Page, Historic Preservation, Potential-Proving, Why BHM
On the corner of 3rd Avenue and 16th Street North, you’ll find Nextec, a redevelopment of the 90-year-old, 65,000-square-foot Edwards Motor Company building (also formerly known as the Sticks ‘N’ Stuff building). With experience in historic renovation, developer Michael Mouron, chairman of Capstone Real Estate Investments, began this civic project in 2021 as a space for business startups to continue their work in the Magic City – a function encouraged by REV Birmingham.