Exciting new retail, entertainment and dining opportunities are coming to Birmingham with the ongoing renovation of Magnolia Point. Bayer Properties has been selected as the exclusive leasing lead for the 91-year-old building. Keep reading for all the details.
Magnolia Point goes way back
The historic Magnolia Point building is long due for an upgrade. The Southside commercial building dates all the way back to the 1930s, offering a space for local shops.
Previous tenants over the years have included LeVi’an Grill + Bar, Nomad Supply and Magnolia House nightclub.
Not their first rodeo
Magnolia Point LLC definitely agrees as they’ve chosen Bayer Properties to be the exclusive leasing lead for the Magnolia Point development.
“My team and I very much look forward to working with Bayer Properties on Magnolia Point. With the Bayer Properties offices adjacent to Magnolia Point, we know we will get their best efforts – and Bayer’s best efforts have proven highly successful in earlier Birmingham projects.”Michael Mouron, Manager, Magnolia Point LLC
In with the new
Magnolia Point is fixing to be a new go-to spot for Birmingham. We don’t know the specifics yet, but Bayer and the Owner plan on creating an energized community gathering spot with exciting entertainment, dining and retail spaces.
“Birmingham has proven to be a go-to destination for both business and travel and we are confident that Magnolia Point will be well-received in the community. We are excited to partner with the Owner and breathe new life into the underutilized site.”DeeDee Shashy, Leasing Manager, Bayer Properties
The team plans to restore the building to its former glory by removing the outdated siding and rooftop. The existing 5,500-square-foot interior will be transformed into a lively multi-purpose space.
Location, location, location
Magnolia Point is surrounded by plenty of new revitalization projects, including Southtown Court, which will start redevelopment soon.
Southtown Court spans across 22 acres and will include office, retail and commercial space, an activated greenspace and over 400 housing units split between public housing and market-rate units.
“One of our core principles at Bayer is to create meaningful places for the surrounding community. As the Southside neighborhood continues to rise in popularity and the area’s revitalization efforts progress, we believe now is a perfect opportunity to participate in the transformation.DeeDee Shashy, Leasing Manager, Bayer Properties
We can’t wait for this exciting development in Southside.
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