BIRMINGHAM, AL-A developer is planning to develop a $33-million multifamily project near Railroad Park. AL.com reported that Inland American Communities Group Inc. is preparing to purchase a property at 16th Street South and Third Avenue South for $3.1 million from Birmingham.
The developer is expecting to close the deal by Q1 2013. The Parkside district development is being prompted by a $64-million ballpark development for the Birmingham Barons. For the full story, go to Birmingham Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
