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.
Join Young Pioneers of Birmingham, in support of REV Birmingham, on Thursday, June 6 for a discussion about the Importance of Place with the Alabama Futures Fund, hosted at downtown Birmingham’s brand new Harvest Market!