BIRMINGHAM, AL (WBRC) - Mayor Bell and city council members are meeting with a developer, interested in revitalizing the old Pizitz Building downtown.
Bayer Properties may spend $60 million to turn the 1920's building into "new retail, restaurants, and office space". The city plans on securing federal recovery zone bonds, Bayer would pay the money back.
People who live or work downtown say the project would be a boost.
"These kinds of projects have happened in our sister cities, Chattanooga and Nashville. No reason these can't happen here in Birmingham," said David Silverstein.
"We need more stores, convenience stores, grocery stores and all that downtown," said Joann Parker.
The project still has to be approved by the city council.
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