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: