More needs to happen to keep downtown redevelopment going - WBRC FOX6 News - Birmingham, AL

More needs to happen to keep downtown redevelopment going

Source: WBRC Source: WBRC
BIRMINGHAM, AL (WBRC) -

Four iconic buildings that sat vacant for decades in downtown Birmingham have been completely revitalized this year.

But there are still plenty of ghostly buildings to choose from on several streets in downtown Birmingham. Even so, just around the corner, there are also newly renovated buildings that are now seeing a ton of action for the first time in 30 years.

With the Pizitz, Thomas Jefferson Towers, The Redmont Hotel and the Elyton hotel, all huge redevelopment for Downtown. But there are still eyesores like the Brown Marks building that need some attention.

Brent Godwin with the Birmingham Business Journal says at the rate downtown has gone lately, they only expect that momentum to continue. According to BBJ, there is only one thing that could hold us back.

"You know, we've had so much redevelopment work that really hinges on how many jobs are being created, how many companies are moving into the city as far as who can take those buildings and make something happen," Godwin explained.

He says that is a big ticket item for business leaders and commercial real estate folks that do those types are deals. When it comes to taking on a building that has been empty for 30 years, there is a lot of risks involved so developers need to make sure it is worth the investment.

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