Iron City Lofts
Iron City Lofts is a $7.8 million, 4-story apartment building under construction at 28th Street and 4th Avenue South near Pepper Place in Lakeview. Engel Realty Co. is leasing and managing the 1 and 2 bedroom units, priced between $1,200 and $1,600 per month.
The project was announced by KRE Development Holdings in April 2014 as a $10 million development with 103 units on 6 floors. The scope was later reduced to 67 units, with limited parking driving the change. The first units in the development were opened in February 2016.
Hendon & Huckestein Architects designed the building, and Doster Construction was the general contractor. The property features a third-floor courtyard and pool with barbecue grills, outdoor dining tables, a lounge and fitness center. It also provides secured bicycle storage, electric car chargers and wireless internet service.
In 2017 the complex was sold to a subsidiary of Engel Realty for $11.85 million.
References
- Davis, Bryan (January 22, 2015) "Amenities were top priority for Iron City Lofts developer." Birmingham Business Journal
- Poe, Kelly (February 18, 2015) "Construction started on 67-unit Iron City Lofts in Lakeview." The Birmingham News
- West, Ty (February 4, 2016) "Lakeview apartment complex opens." Birmingham Business Journal
External links
- Iron City Lofts website