The Vue at Crestwood: Difference between revisions
No edit summary |
No edit summary |
||
Line 1: | Line 1: | ||
'''The Vue at Crestwood Apartments''' (formerly '''Mountain Top Apartments''' and '''Eagle View Apartments''') is a 160-unit apartment complex located on three parcels totaling 12.6 acres along '''Eagle View Drive''' (formerly '''Mountaintop Court South''') on [[Red Mountain]], near [[Crestwood Boulevard]] and above the [[Crestwood Festival Center]]. | |||
The 200-unit complex was constructed in [[1977]]. | The 200-unit complex was constructed in [[1977]]. | ||
Line 6: | Line 6: | ||
The remainder of the complex remained vacant until [[1994]] when [[Hubbard Properties]] purchased the site from the Hampton Real Estate Group of Dallas, Texas. With $2 million in low-interest loans from the city of [[Birmingham]], Hubbard renovated the complex for low-income families and reopened as "Eagle View Apartments". | The remainder of the complex remained vacant until [[1994]] when [[Hubbard Properties]] purchased the site from the Hampton Real Estate Group of Dallas, Texas. With $2 million in low-interest loans from the city of [[Birmingham]], Hubbard renovated the complex for low-income families and reopened as "Eagle View Apartments". | ||
A Nashville, Tennessee-based investor acquired the complex in December [[2021]] for $17.7 million. | |||
{{stub}} | {{stub}} | ||
Line 11: | Line 13: | ||
* Nabbefeld, Joe (May 6, 1994) "Real estate developer wants to buy, reopen Mountain Top Apartments." {{BN}} | * Nabbefeld, Joe (May 6, 1994) "Real estate developer wants to buy, reopen Mountain Top Apartments." {{BN}} | ||
* Bukovitz, Caitlin L. (2014) "[http://digitalcommons.mtu.edu/etds/832 A study of a landslide in Birmingham, Alabama]". Master's report. Michigan Technological University | * Bukovitz, Caitlin L. (2014) "[http://digitalcommons.mtu.edu/etds/832 A study of a landslide in Birmingham, Alabama]". Master's report. Michigan Technological University | ||
* Parker, Illyshia (January 19, 2022) "Out-of-state firms close on East Birmingham multifamily sale." {{BBJ}} | |||
==External links== | ==External links== |
Revision as of 11:47, 20 January 2022
The Vue at Crestwood Apartments (formerly Mountain Top Apartments and Eagle View Apartments) is a 160-unit apartment complex located on three parcels totaling 12.6 acres along Eagle View Drive (formerly Mountaintop Court South) on Red Mountain, near Crestwood Boulevard and above the Crestwood Festival Center.
The 200-unit complex was constructed in 1977.
Four of the complex's apartment buildings, as well as the pool and tennis courts, were damaged in a series of landslides that occurred during construction of the Festival Center on March 14 and 15, 1988. Two other buildings near the slope were deemed unsafe the following winter and all residents were relocated. Contractors for the shopping center installed extensive anchors to prevent further damage to the site.
The remainder of the complex remained vacant until 1994 when Hubbard Properties purchased the site from the Hampton Real Estate Group of Dallas, Texas. With $2 million in low-interest loans from the city of Birmingham, Hubbard renovated the complex for low-income families and reopened as "Eagle View Apartments".
A Nashville, Tennessee-based investor acquired the complex in December 2021 for $17.7 million.
References
- Nabbefeld, Joe (May 6, 1994) "Real estate developer wants to buy, reopen Mountain Top Apartments." The Birmingham News
- Bukovitz, Caitlin L. (2014) "A study of a landslide in Birmingham, Alabama". Master's report. Michigan Technological University
- Parker, Illyshia (January 19, 2022) "Out-of-state firms close on East Birmingham multifamily sale." Birmingham Business Journal
External links
- Eagle View Apartments at hubbardproperties.com