Arbor Terrace, $200 million multi-use development, set to begin construction this fall at former Trinity Medical Center site

Rendering of the Arbor Terrace development. Photo via willkadish.com

Arbor Terrace, a new multi-use project, is coming to the former Trinity Medical Center site. Keep reading for more details on the $200 million development.

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Mortgage forbearance—what you need to know + how it can help you now

Mortgage forbearance in Birmingham is important to know about right now
Home sweet home doesn’t feel so sweet when it’s hard to make mortgage payments. Photo via Unsplash

If you own a home in Birmingham, you might have gotten a notice about forbearance from your mortgage company. We reached out to people at Caliber Home Loans for our own personal mortgage forbearance 101, and now we’re here to share what we learned. Bottom line, if your income has been affected by COVID-19, forbearance might help. 

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Mixed-use project, Lakeview Green, is coming to Birmingham’s Southside

Lakeview Green Rendering Photo
Lakeview Green blends an urban green space with living and retail. Photo via lakeviewgreen.com

Construction is officially underway for Lakeview Green, an all-new mixed-use apartment complex in Birmingham’s Lakeview District. Word on the street—it features a unique living and green space. Maybe it’s my love for urban planning talking but this project looks A-MAZ-ING!

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Barbara Wheeler reveals her No.1 tip to selling your home and shares her experience joining ARC Realty’s Gallery Brokers office

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Barbara Wheeler of ARC Realty's Gallery Brokers
Barbara Wheeler at the ARC Realty Gallery Brokers Office. Photo by Jon Eastwood for Bham Now

We caught up with local real estate expert, Barbara Wheeler, to discuss working at ARC Realty’s Gallery Brokers Office. With nearly 40 years of experience helping families buy and sell homes in Birmingham, Barbara offers her advice on impressing potential homebuyers and how to know when a house is ‘the one’.

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Historic First Avenue building gets a new lease on life with $4M multi-use renovation

Luxury living offered in historical downtown Birmingham. Photo by Beth Cunningham for Bham Now.

Residential Ventures, a boutique development firm based in Denver, CO purchased $2.39M of downtown Birmingham property late last year. This week, plans were released for their property at 2216/2218 First Ave. N. to undergo a renovation expected to reach close to $4M.

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3 reasons why home sales remain strong in Birmingham, especially for first-time home buyers

Birmingham, Alabama, real estate, home buying
While the housing market is primed for sellers right now, home buyers are showing confidence in Birmingham. Photo for Bham Now

Home prices are rising, construction is stalling and supply is low, leading to speculation about another housing bubble boiling up the U.S. real estate market. That’s not the whole story, though. Here’s why the home market looks hopeful in Birmingham:

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Real estate roundup: Birmingham’s downtown, Southside, suburbs

Birmingham
Photo: KPS

Bham Now is always interested in the real estate and business development going on in the city. We try to investigate the exciting news of revitalization and renovations downtown, the Southside and in our suburbs. Here are a few updates and some insight from a local real estate expert. Continue reading “Real estate roundup: Birmingham’s downtown, Southside, suburbs”

Birmingham is on fire when it comes to commercial real estate development

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Birmingham Commercial Realtor Council
Birmingham Commercial Realtor Council – via Bham Now

Lots of Development Going On Birmingham

More than 100 commercial realtors from around town got the opportunity to see some of the hot new Birmingham commercial real estate properties currently, or about to be, under construction.

Hosted by the Birmingham Commercial Realtor Council at Moonshine Birmingham, the top of the Elyton Hotel was a no brainer location! Continue reading “Birmingham is on fire when it comes to commercial real estate development”

The Faces Behind Commercial Real Estate Growth and the Revitalization of Downtown Birmingham

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Birmingham Alabama
Photo Courtesy of Birmingham Commercial Realtors Council

Birmingham’s Renaissance

Over the last few years, Birmingham has experienced a renaissance and redevelopment of downtown in large part due to commercial real estate growth. Commercial real estate, according the Birmingham Association of REALTORS®, contributes $465 billion a year to the U.S. GDP (Gross Domestic Products Index).

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Two more office spaces slated for Southside, near Five Points

Southside real estate continues to pique the interest of brokers, developers, and business owners looking to settle in Vulcan’s view of Birmingham.

Accordingly, two buildings near 23rd St. and 10th Ct. South have been purchased and currently being renovated for commercial office space!

Southside - Birmingham - Real Estate
via Wade Cline

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Historic BEBCO building to be renovated

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Ward Neely and SRS Real Estate Partners plan to renovate the historic BEBCO building on Second Avenue South, via Kristina O’Quinn.

Yet another historic Birmingham building is about to undergo renovation.  A development group led by Ward Neely, of SRS Real Estate Partners, plans to renovate the BEBCO facility on Second Avenue South between 22nd and 23rd Street. Continue reading “Historic BEBCO building to be renovated”