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Vulcan Investing $2M to Repurpose Birmingham Warehouse
Vulcan is redeveloping the midtown building at 409 Richard Arrington Jr. Blvd. S. in Birmingham that it acquired for $1.2 million in December 2022. Construction is scheduled to start later this year and be completed summer of 2024.
With costs estimated between $1.8 and $2.4 million, the eventual build out will depend on the final plan based on tenant needs.
“We are just beginning our outreach efforts, but we absolutely want to hear from local residents and people working nearby about what type of businesses they’d like to see here,” said Jordan Weaver of Ironvest Partners, who is handling leasing. “We’re also engaging with potential tenants to identify the redevelopment opportunity that best enables long-term success for both business and neighborhood.”
The space was previously a fabrication and warehouse site by Creature.
The new development is expected to house one to three new tenants in the 9,000-square-foot space.
- ◦Development