[Metro Birmingham Projects List]

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?

[Metro Birmingham Projects List]

More details on what Bayer properties will do with its last parcel at The Summit. Looks likes it will be used to construct a 15-story, 200ft condo tower. City of Birmingham is currently responding favorably to development. Possible groundbreaking in fall...here is a link to the rest of the article

http://www.al.com/business/birminghamnews/...9840.xml&coll=2