ONB (Operation New Birmingham) is surprisingly near to meeting its 5 year goals set in 2005!!!
Sought to do some of the following:
Raise 2.25mil
have 2500 new condo/apartment units downtown
increase government deals
expand class A office space downtown
Already, ONB has done at least the following in one year:
raised 2.6mil
1500 new condo/apartments constructed downtown
185mil govt deals (FBI building, ATF/DEA, bldg, SSA bldg).
Here is the rest of the article
http://www.al.com/business/birminghamnews/...9840.xml&coll=2
One thing I did find intersting was the inability of new downtown office projects to move forward (occupancy is just above 85%). Obviously more parking would help make this a reality. ONB says they have plans for four large office buildings to be built downtown over the next decade. Blazer, others, any specific plans known, or is ONB simply saying this is what they envision?
