A brand new redevelopment is within the works in downtown Birmingham! Ladd Real Estate, an area developer, has began renovation on the previous Household Greenback constructing, persevering with the sample of renewed curiosity in Birmingham’s Historic Theatre and Retail District.
A part of Birmingham’s Historic Theatre and Retail District
The three-story constructing at 1906 Second Ave. N was constructed within the early 1920s, and initially residence to a Silver’s Division Retailer, a 5 and dime based mostly out of Georgia. Downtown was residence to a number of different 5 and dimes, together with Woolworth’s and S.H. Kress & Firm.
Over the many years, the constructing housed a number of department shops—H. L. Inexperienced and McCrory—however landed as the house for Household Greenback. Now that Household Greenback has vacated the area, it’s time for a brand new chapter within the lifetime of the constructing.
What’s Subsequent for the Constructing?
Birmingham developer Ladd Actual Property is working to renovate the inside for industrial use, with no modifications to the outside. The third ground is the primary on their record, and is being renovated for a tenant. Afterwards, Ladd Actual Property plans to finish the 2nd and floor flooring, doubtlessly by the tip of the 12 months.
The staff has utilized for each Federal and State Historic tax credit. These key applications have helped facilitate the redevelopment of many initiatives we love, such because the Alabama and Lyric Theatre, The Pizitz, and the Redmont Resort.
I, for one, can’t wait to see extra retail seem within the coronary heart of downtown Birmingham.
What companies would you wish to see within the redeveloped constructing? Tag us @bhamnow and share your ideas!