Here's how you can help support expansion of the Historic Tax Credit
Filed Under: Developer, Filling Vacant Spaces, Front Page, Get Involved
The Historic Tax Credit is responsible for renovating more than 40,000 buildings across the country and attracting over $131 billion in private revenue, but what if it could do more?
HTC profile: American Life Building lofts designed for downtown's workforce
Filed Under: Developer, Downtown Birmingham, Filling Vacant Spaces, Potential-Proving
As downtowns across the country are energized by new development, the need for additional affordable, or workforce, housing in city centers is a hot topic. Developers of one of Birmingham’s highest profile, long-vacant properties are planning to address this need.
HTC Profile: See inside the Five Points South warehouse finding new life as 2200 Magnolia
Filed Under: Developer, Filling Vacant Spaces, Potential-Proving
Anchoring a distinctive angled corner near Five Points South, the Family Services Laundry Building may have looked like an old brick warehouse to many passersby – but developer Mike Mouron saw potential as soon as he stepped inside.
HTC Profile: A glimpse inside historic Protective Life Building to soon be transformed into hotel
Filed Under: Developer, Downtown Birmingham, Filling Vacant Spaces
Rhaglan Hospitality, led by Joe White and Jim Lewis, plans to return another iconic piece of Birmingham’s skyline to its former glory. The 90-year-old Protective Life building (also known as the Commerce Center) landed at number one on the 2018 Alabama historic tax credit urban district list and will soon be transformed by the local developer into a 96-room boutique hotel.
2018 Alabama Historic Tax Credit list proves strong demand for investment
Filed Under: Downtown Birmingham, Small Business
Last week, The Alabama Historical Rehabilitation Tax Credit Evaluating Committee approved requests for funds to be allocated to three historic renovation projects in Birmingham. These projects, as well as those projects that were approved for the wait list for 2019 allocation, prove the demand for historic rehabilitation is strong in Birmingham and Alabama.