Birmingham is quickly earning a reputation as a city ripe for development and thriving startups, so it is no wonder the nation’s economic leaders want the insights of local executives experienced in construction and economic development.
The Federal Reserve Bank of Atlanta’s Birmingham Branch recently made two big announcements for Birmingham: Merrill Stewart, founder and president of Stewart/Perry was recently appointed to the Board of Directors, and Anoop Mishra, former REV board member, was named vice president and regional executive of the branch. These roles will allow them to ensure the voices of the Birmingham business community are heard.
The Birmingham Branch works with Atlanta and four other regional Reserve Bank branches to gather data on various markets. That economic information then goes to the district bank’s president and head office directors, who use the research in discussing monetary policy options and making interest rate recommendations.
Stewart, a REV Birmingham partner and investor, is the contractor behind Birmingham developments including 20 Midtown, 2200 Magnolia and preservation efforts at the Lyric Theatre.
“We have many fine business leaders in our city. Being nominated for this position is an honor, as I have been a student of the Federal Reserve’s actions and policy for some time,” Stewart said. “I hope to bring some grassroots knowledge of the construction industry to the table which in turn will have a positive impact for our city. We all want the same thing: stable, decent growth and acceptable unemployment numbers.”
Mishra took his new position with the Birmingham Branch in late April. He will provide strategic support for the Regional Economic Information Network throughout Alabama, working with other regional executives to provide targeted economic intelligence.
“The Atlanta Fed plays an important role in not only shaping monetary policy, but also providing thought leadership in key community and regional issues such as workforce development and affordable housing,” Mishra said. “I’m excited about the opportunity to contribute to these efforts in making our city, state, and region stronger.”
Mishra served as Development Director from 1995 to 1998 for Operation New Birmingham, which merged with Main Street Birmingham to form REV in 2012. He was, as the chair of Main Street Birmingham, a key leader during the merger of MSB and ONB to create REV. After earning an MBA from the University of Pennsylvania, he held posts at Accenture, EDPM, and WorkforceQA.
Stewart, who founded Stewart/Perry in 1984, serves on several boards within the city and beyond, giving him experience that he hopes will help him blend well with his counterparts on the board of the governors.
Related News
-
12 anchor businesses in Woodlawn's historic commercial district
Filed Under: Business-Proving, Front Page, Small Business, Woodlawn
The historic Woodlawn commercial district has been home to some exciting openings in the last year. These new concepts represent the evolution of Woodlawn businesses, providing us a glimpse at what the future holds for this special place. However, as the saying goes, Rome wasn’t built in a day – and neither was Woodlawn! That’s why we want to tip our hats and raise a glass to some of the businesses that have paved the way for further development and growth in Woodlawn.
-
A cautionary tale: Birmingham's historic losses
Filed Under: Developer, Downtown Birmingham, Front Page, Historic Preservation
In case you haven’t heard, May is National Historic Preservation Month, as so celebrated for years by the National Trust for Historic Preservation and the National Park Service. Here in Birmingham, a city rich in history and culture, this month-long celebration is not only a reminder to take stock of the historic treasures and charm we currently possess, but a time to mourn those we no longer have.
-
10 powerful examples of historic preservation in action
Filed Under: Downtown Birmingham, Filling Vacant Spaces, Front Page, Historic Preservation, Potential-Proving, Yaysayers
It’s easy to take for granted the historic gems we have here in Birmingham. Many beautiful, story-filled buildings dot the map of our city, their silhouettes adorning our skylines and their façades serving as the vibrant background to our everyday lives downtown. However, without attention, investment and a commitment by our community to prioritize these treasures, our historic buildings and the authentic character they give our city can disappear.