17 new million-dollar-plus construction permits approved in Alabama, April 18th

We’ve got the inside scoop on 17 new million-dollar-plus construction permits awarded to contractors in Alabama last week, including the transformation of the former Red Cross building in downtown Birmingham. Keep reading for information like contractor names, contracts, permits values, project addresses and much more.

Market Lofts on Third (Birmingham, AL)

• Project Cost: $18,100,000
• Project Address: 2225 3rd Avenue North, Birmingham, AL 35203
• Project: Redevelopment of former Red Cross building in downtown Birmingham
• Owner of Project: Owner not listed
• Builder: Wyatt General Contractor LLC

Since mid-2021, the long-vacant Red Cross building in downtown Birmingham has been undergoing a top-to-bottom renovation. The goal? To transform the property into an 192-unit workforce housing apartment complex called Market Lofts on Third.

The five-story, 125,000 square-foot building was once home to the local American Red Cross’ headquarters and blood donation center, but the organization moved in 1998, and the building has been vacant since. In 2020, developer Ed Ticheli purchased it with plans to redevelop and convert the structure into “workforce apartments,” just like his previous American Life Building project.

Once complete, the Market Lofts on Third will offer 192 apartment units, ranging from $750 to $1,200 a month. Developers aim to complete the Market Lofts on Third by Christmas 2022.

Learn More About These Construction Projects

Thanks to our friends at Southern Exposure Information, we’ve got the list of all new million-dollar-plus construction permits approved in Alabama last week. Each week, they pull together information from building permits to get all the details on these projects. You can get access to all of their construction permits right here.

Date	City	Builder	Ownerof Project	ProjectAddress	ProjectSubdivision	ProjectState	ProjectZip Code	Subtype of Project	Square Footage	Amount
04/13/2022	Albertville	Fite Construction	TOC	52 Business Park Drive		AL	35950			$1,929,632
04/12/2022	Birmingham	Wyatt General Contractor LLC	Owner Not Listed	2225 3rd Ave N		AL	35242			$18,100,000
04/12/2022	Birmingham	Rader McCary Inc	American Cast Iron & Pipe Co	501 Eagan Road Bldg 2		AL	35207			$10,577,922
04/12/2022	Birmingham	EC Build LLC	Sloss Family Investments LLC C/O FI	2901 2nd Ave S		AL	35233			$3,890,000
04/12/2022	Huntsville	Turner Construction Company	Freedom Real Estate	4040 Chris Dr SW unit 300		AL				$1,639,800
04/12/2022	Huntsville	Hitt Contracting	TCG Research Park	6767 Old Madison Pike NW unit 670		AL				$1,796,517
04/12/2022	Huntsville	Milam & Company LLC	Greg Taylor	25174 One Aviation Way SW		AL				$5,713,858
04/14/2022	Jefferson County	Johnson kreis Construction Co Inc	Carol Land Development Co LLC	2660 Old Rocky Ridge Road		AL	35216			$1,343,000
04/13/2022	Madison	City of Madison	City of Madison	420 Dunlop Blvd		AL	35758			$17,400,000
04/12/2022	Montgomery	Jeffrey Stallings	Gerber Collision & Glass	1781 Cong W L Dickinson Drive		AL	36109			$1,028,100
04/12/2022	Montgomery	James Lee	HYUNDAI MOTOR MANUFACTURING ALABAMA LLC	500 HYUNDAI BLVD		AL	36105			$9,400,000
04/12/2022	Montgomery	James Lee	HYUNDAI MOTOR MANUFACTURING ALABAMA LLC	400 HYUNDAI BLVD		AL	36105			$2,600,000
04/12/2022	Montgomery	Burton Mac Inc	Trinity Presbyterian School	1728 S Hull Street		AL	36104			$2,000,000
04/12/2022	Mtn Brook	Gibbs Construction Services LLC	Jim Reilly	3554 Rock Rill Road		AL	35213			$2,202,000
04/13/2022	Shelby County	TCC Inc	Ferguson Timothy	10 Lancaster Circle		AL	35242			$2,200,000
04/13/2022	Tallapoosa County	Michael Allen Homes	Parker	134 Foxglove Lane Jacksons Gap		AL	36853			$1,051,706
04/12/2022	Tuscaloosa	Two Hughs LLC	Two Hughs LLC	705 11th St		AL			26,388	$1,750,000

Want to look at past updates? We’ve listed them out here:

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