Plans to renovate the former US Post Office building at 317 20th Street North got a major boost in November when the project was awarded an allocation of State Historic Tax Credits made available when one of the projects originally awarded was unable to move forward. Now work is underway to transform the property, historically called Exchange Bank, for new office uses.
The Miami-based company that owns the building is partnering with Harbert Realty to rehab the 21,000 square foot property and market it to commercial office tenants. Interested in an address in the heart of the Financial District? There’s an exterior signage opportunity available for the anchor tenant! Contact Charlie Norton for more information.
The state historic tax credit has been a crucial financing tool for projects like Pizitz, TJ Tower, and now The Post, to move forward. REV has joined with other organizations across the state to work for restoration of the program during this session of the state legislature. We’re also working with this property owner to layer historic tax credits with other potential incentives, so this long-vacant property can bring jobs and vibrancy back to downtown’s main street.
The Rainbow Viaduct, one of Birmingham’s oldest bridges, has been transporting people between the south and north sides of downtown for more than 130 years! Now as we look toward its future, you’ll see a pilot project on the bridge to make it more pedestrian and cyclist friendly while we determine the best next steps.
Are you a startup looking for a foot in the door? Did you know we have an accelerator program that helps founders begin their entrepreneurial journey right here in the Switch district? TechStars is a dynamic three-month program that empowers entrepreneurs in their quest to discover product-market fit, gain traction, and access both capital and global mentorship. Operating in more than 30 cities worldwide, Techstars added Birmingham as a host for their energy-focused cohort.
Amid the pandemic, when many found themselves at home searching for new hobbies, Josh Cosio and his wife embarked on a unique journey – roasting coffee at home. What began as a simple passion project soon evolved into something much more remarkable. Just two years after their inaugural batch of home-roasted beans, Cala Coffee has swiftly taken root, with not one but two locations opening in Birmingham.