Pizitz building: Difference between revisions

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[[Image:Pizitz store 1949.jpg|right|thumb|325px|The Pizitz building in 1949]]
[[Image:Pizitz store 1949.jpg|right|thumb|325px|The Pizitz building in 1949]]
The '''Pizitz Building''' is the former flagship department store for [[Pizitz]], located at 1821 [[2nd Avenue North]]. The eight-story 225,000 square-foot building has an attached parking deck, which was constructed in [[1965]].
The '''Pizitz Building''' is the former flagship department store for [[Pizitz]], located at 1821 [[2nd Avenue North]]. The eight-story 225,000 square-foot building was designed by [[Harry B. Wheelock]] and completed in [[1923]]. It has an attached parking deck, which was added in [[1965]].


The building was purchased in [[2000]] by [[Bayer Properties]], which has applied for historic building tax credits as part of a planned redevelopment of the building into retail and office space. In April [[2009]] Bayer applied for a $1 million low-interest loan from the City of [[Birmingham]] to enable it to develop the building for retail and office uses.
The building was purchased for $1.6 million in [[2000]] by [[Bayer Properties]] for potential redevelopment. Bayer secured an "historic preservation certification" from the National Park Service to qualify for federal tax credits and received a $1 million low-interest loan from the City of [[Birmingham]] to facilitate redevelopment. In January [[2010]] the company announced that [[Baker, Donelson, Bearman, Caldwell & Berkowitz]] had signed on as lead tenants, enabling it to proceed with a $60 million renovation. Bayer will relocate its own headquarters office to the project, which is also set to include 23,000 square feet of ground level retail and restaurant space, much of it facing the [[McWane Science Center]].
 
Bayer plans to seek LEED certification for the renovation. [[KPS Group]] is architect for the project.


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[[Category:2nd Avenue North]]
[[Category:2nd Avenue North]]
[[Category:Proposed developments]]
[[Category:19th Street North]]
[[Category:1923 buildings]]
[[Category:Harry B. Wheelock buildings]]
[[Category:1965 buildings]]
[[Category:Planned developments]]

Revision as of 10:25, 29 January 2010

The Pizitz building in 1949

The Pizitz Building is the former flagship department store for Pizitz, located at 1821 2nd Avenue North. The eight-story 225,000 square-foot building was designed by Harry B. Wheelock and completed in 1923. It has an attached parking deck, which was added in 1965.

The building was purchased for $1.6 million in 2000 by Bayer Properties for potential redevelopment. Bayer secured an "historic preservation certification" from the National Park Service to qualify for federal tax credits and received a $1 million low-interest loan from the City of Birmingham to facilitate redevelopment. In January 2010 the company announced that Baker, Donelson, Bearman, Caldwell & Berkowitz had signed on as lead tenants, enabling it to proceed with a $60 million renovation. Bayer will relocate its own headquarters office to the project, which is also set to include 23,000 square feet of ground level retail and restaurant space, much of it facing the McWane Science Center.

Bayer plans to seek LEED certification for the renovation. KPS Group is architect for the project.

References

  • Tomberlin, Michael (November 14, 2008) "Bayer credit eyed for Pizitz redo." Birmingham News