A new $61 million multifamily development called The Tracks is coming to Birmingham near the Rotary Trail.
TWG, a national real estate development company, is beginning construction of the 273-unit multifamily project this month. Located at 2400 1st Avenue South, the project is expected to be completed in Summer 2024.
“We are thrilled to announce our first project starting in the state of Alabama with The Tracks development, and greatly appreciate the City of Birmingham’s continued support,” said J.B. Curry, President of Development at TWG. “This new housing community will provide easy access to the Rotary Trail by connecting key areas within the City and contribute to the redevelopment of this thriving pocket of downtown.”
Bham Now first reported on this development in August 2020. Built on nearly five acres, the five-story market-rate project will offer ample parking and a pathway connector to the Rotary Trail.
According to TWG, The Tracks will offer Studio, 1 Bedroom and 2 Bedroom layouts.
Other amenities include:
- Pool deck
- Fire pits
- Grilling station
- Community lounge
- Gym, indoor
- Bicycle storage
- 1 gig internet speeds and more.
This project marks TWG’s first project in the state of Alabama. Made possible due to a partnership with the Department of Innovation and Economic Opportunity, City of Birmingham and Jefferson County, The Tracks will also provide two units free of charge to local students in Birmingham.
The Tracks is made possible with the support of lender FirstBank and Birmingham designer Fifth Dimension Architecture & Interiors.To learn more about TWG and its properties, please visit www.twgdev.com or follow them on LinkedIn, Facebook, Twitter and Instagram.