The Star at Uptown: Difference between revisions
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'''Northside Park''' is the name for [[Corporate Realty]]'s planned redevelopment of [[Carraway Hospital]] in [[Birmingham]]'s [[Norwood]] neighborhood. The proposal is for a mixed-use development with possible residential, retail, office, hotel and entertainment components. The project's working budget is $340 million, with renovation and construction to occur in phases for completion in [[2023]]. | '''Northside Park''' is the name for [[Corporate Realty]]'s planned redevelopment of [[Carraway Hospital]] in [[Birmingham]]'s [[Norwood]] neighborhood. The proposal is for a mixed-use development with possible residential, retail, office, hotel and entertainment components. The project's working budget is $340 million, with renovation and construction to occur in phases for completion in [[2023]]. | ||
Corporate Realty acquired the 47.3-acre property from the [[Lovelady Center] in [[2018]]. The company applied for rezoning in November [[2020]], and has asked the [[City of Birmingham]] to consider providing as much as $17 million in tax abatement incentives. | Corporate Realty acquired the 47.3-acre property from the [[Lovelady Center]] in [[2018]]. The company applied for rezoning in November [[2020]], and has asked the [[City of Birmingham]] to consider providing as much as $17 million in tax abatement incentives. | ||
==References== | ==References== | ||
Revision as of 07:43, 15 January 2021
Northside Park is the name for Corporate Realty's planned redevelopment of Carraway Hospital in Birmingham's Norwood neighborhood. The proposal is for a mixed-use development with possible residential, retail, office, hotel and entertainment components. The project's working budget is $340 million, with renovation and construction to occur in phases for completion in 2023.
Corporate Realty acquired the 47.3-acre property from the Lovelady Center in 2018. The company applied for rezoning in November 2020, and has asked the City of Birmingham to consider providing as much as $17 million in tax abatement incentives.
References
- Edgemon, Erin (September 12, 2018) "Input sought as redevelopment plans for Birmingham's former Carraway Hospital take shape." The Birmingham News
- "City to weigh incentives for Carraway redevelopment." (November 4, 2020) Birmingham Business Journal
- Van der Bijl, Hanno (January 14, 2021) "Inside the $340M push to transform Carraway into Northside Park." Birmingham Business Journal