Birmingham pondering financial boost for developers

BIRMINGHAM, AL (WBRC) - The city of Birmingham could decide soon whether it will lend a hand to developers hoping to capitalize on the momentum around Railroad Park.

The Birmingham City Council's finance committee will look at a recommendation to loan a million dollars to a developer who wants to turn the former National Biscuit Company building into a mixed-use development with lofts, office, and retail space.

The building on 18th Street South and an adjoining warehouse are one of just several older structures targeted for redevelopment near Railroad Park as the city focuses a lot of its economic development energies around the new attraction.

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