Birmingham real estate forecast: exciting new developments, historic renovations

Image result for Denham building third and urban
Denham project. Via- Third & Urban

Areas of Birmingham that a decade ago were marred with darkened, abandoned old buildings, empty warehouses and cracked asphalt have been revitalized. With revitalization comes momentum. You know the saying “a body in motion stays in motion.”

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Vacant, historic Protective Life building has been purchased

Historic Commerce Building
Protective Life Building is sold. Photo: – Cameron Balentine.

There has been quite a bit of construction, renovation and development in Birmingham recently, especially on the North Side of the city . The latest, the historic and vacant Commerce Center or the former Protective Life building, sold for $2.875 million.

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Century Plaza Has Prospective Buyer

Once the booming place to shop – and disco dance – Century Plaza has been vacant since 2009 suffering from the opening of newer, shinier malls like Hover’s Galleria.  But now, a prospective buyer, New Rising Star Missionary Baptist Church, might come to the rescue.  The owner is seeking to sell for $7M and the deal is currently in review.

by Joe Songer, al.com
by Joe Songer, al.com

More here.