Founders Station: Difference between revisions
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'''Founders Station''' is a redevelopment of the [[1881]] [[Caldwell Printing Works|Caldwell Printing building]], the [[1887]] [[Caldwell-Milner building]], and the [[1888]] [[McAdory Building]] at 2013-2017 [[1st Avenue North (Downtown)|1st Avenue North]] for condominiums and retail tenants. The 44,500 square-foot project was announced by [[Orchestra Partners]] in late [[2016]], and opened in August [[2018]]. | '''Founders Station''' or '''Founders Station Plaza''' is a mixed-use redevelopment of the [[1881]] [[Caldwell Printing Works|Caldwell Printing building]], the [[1887]] [[Caldwell-Milner building]], and the [[1888]] [[McAdory Building]] at 2013-2017 [[1st Avenue North (Downtown)|1st Avenue North]] for condominiums and retail tenants. The 44,500 square-foot project was announced by [[Orchestra Partners]] in late [[2016]], and opened in August [[2018]]. | ||
The redevelopment was designed by [[Appleseed Workshop]] (now [[Creature]]). Plans for the ground-floor retail include a covered interior passage and an outdoor pedestrian plaza on the east side of the property connecting 1st Avenue to [[Morris Avenue]] with space for several tenants selected to "stimulate nightlife" in the area. The second floor was originally anticipated to house "office condos". Due to demand, those spaces were instead developed as residential condominiums, as well. | The redevelopment was designed by [[Appleseed Workshop]] (now [[Creature]]). Plans for the ground-floor retail include a covered interior passage and an outdoor pedestrian plaza on the east side of the property connecting 1st Avenue to [[Morris Avenue]] with space for several tenants selected to "stimulate nightlife" in the area. The second floor was originally anticipated to house "office condos". Due to demand, those spaces were instead developed as residential condominiums, as well. | ||
The second and third phases of Founders Station were financed with $535,150 in tax incentives from the [[City of Birmingham]]. The second phase, consisting of six one-bedroom condominium units, opened in May [[2019]]. | The second and third phases of Founders Station were financed with $535,150 in tax incentives from the [[City of Birmingham]]. The second phase, consisting of six one-bedroom condominium units, opened in May [[2019]]. | ||
In [[2020]] Orchestra Partners sold Founders Station for $2.75 million to an affiliate of Michael Yi & Associates of Ann Arbor, Michigan. | |||
==Tenants== | ==Tenants== | ||
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* Edgemon, Erin (March 1, 2018) "2 restaurants, bar coming to new downtown Birmingham development." {{BN}} | * Edgemon, Erin (March 1, 2018) "2 restaurants, bar coming to new downtown Birmingham development." {{BN}} | ||
* Edgemon, Erin (November 20, 2018) "Downtown Birmingham condo, retail project receives incentives from city." {{BN}} | * Edgemon, Erin (November 20, 2018) "Downtown Birmingham condo, retail project receives incentives from city." {{BN}} | ||
* Stuart, Shauna (May 22, 2020) "Orchestra Partners sells Founders Station plaza in downtown Birmingham." {{BN}} | |||
==External links== | ==External links== | ||
Revision as of 15:21, 22 May 2020
Founders Station or Founders Station Plaza is a mixed-use redevelopment of the 1881 Caldwell Printing building, the 1887 Caldwell-Milner building, and the 1888 McAdory Building at 2013-2017 1st Avenue North for condominiums and retail tenants. The 44,500 square-foot project was announced by Orchestra Partners in late 2016, and opened in August 2018.
The redevelopment was designed by Appleseed Workshop (now Creature). Plans for the ground-floor retail include a covered interior passage and an outdoor pedestrian plaza on the east side of the property connecting 1st Avenue to Morris Avenue with space for several tenants selected to "stimulate nightlife" in the area. The second floor was originally anticipated to house "office condos". Due to demand, those spaces were instead developed as residential condominiums, as well.
The second and third phases of Founders Station were financed with $535,150 in tax incentives from the City of Birmingham. The second phase, consisting of six one-bedroom condominium units, opened in May 2019.
In 2020 Orchestra Partners sold Founders Station for $2.75 million to an affiliate of Michael Yi & Associates of Ann Arbor, Michigan.
Tenants
- Phase 1
- Cayo Coco (opened August 2019)
- The Essential (opened August 2018)
- Peanut Place
- Pilcrow Cocktail Cellar (August 2018-)
- Square One Goods Co. (August 2018-)
- 18 residential condominiums
- Phase 2
- McAdory Taps
- 2 office spaces
- 6 residential condominiums
- Phase 3
- relocating parking
References
- Thornton, William (November 7, 2016) "New Morris Avenue development promises mix of old and new." The Birmingham News
- Godwin, Brent (November 30, 2016) "New downtown Birmingham mixed-use project taking shape." Birmingham Business Journal
- Poe, Kelly (December 1, 2016) "Morris Avenue mixed-use development to be called 'Founders Station'." The Birmingham News
- Godwin, Brent (October 30, 2017) "More residential condos added to downtown Birmingham project." Birmingham Business Journal
- Edgemon, Erin (March 1, 2018) "2 restaurants, bar coming to new downtown Birmingham development." The Birmingham News
- Edgemon, Erin (November 20, 2018) "Downtown Birmingham condo, retail project receives incentives from city." The Birmingham News
- Stuart, Shauna (May 22, 2020) "Orchestra Partners sells Founders Station plaza in downtown Birmingham." The Birmingham News
External links
- Founders Station website