New $16.5M luxury multifamily apartment complex coming to Avondale
Reading time: 2 minutes
Birmingham-based developer and real estate firm The Dobbins Group is working to develop a $16.5M luxury, multifamily apartment complex in Avondale. Here is what we know about the development.
The Details
The two buildings will have a combined total of 96 one-, two- and three-bedroom units. Each unit will have 9-foot ceilings, walk-in closets, granite countertops and appliances like washer and dryers. In addition, the entire apartment complex will have access to fire pits and grills, a bocce ball lawn, pet areas and an elevated sunning deck.
The Dobbins Group, a Birmingham-based developer, is taking the lead on the project. On August 13, they closed on the properties for $1.5M and secured more than $11.7M in financing for the project. Arlington Construction Services is the General Contractor constructing the project.
Access to Avondale
Located at 4211 and 4241 Third Ave. South, the apartment complex will be within walking distance to all the great offerings in the Avondale Entertainment District, such as:
- Avondale Brewing Company
- SAW’s Soul Kitchen
- Cookie Dough Magic
- 41st Street Pub & Aircraft Sales
- Saturn
- SoZo Trading Co.
- Big Spoon Creamery
- MELT
- Taco Morro Loco
- Fancy’s on Fifth
And much more.
The development marks a major milestone in the continued redevelopment of the Avondale neighborhood. The apartment complex replaces several run-down and abandoned homes just a few blocks from 41st Street.