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TWG to Provide Two Units Free to Students at In-Progress Birmingham Multifamily
Indianapolis, IN-based TWG has begun construction on a $61-million multifamily project in Birmingham, AL.
The Tracks is TWG’s first development in the state; two units at the property will be provided free of charge to local students in partnership with the Department of Innovation and Economic Opportunity, City of Birmingham and Jefferson County.
The five-story, 273-unit market rate project sits on nearly five acres on 1st Avenue South with a pathway connector to the Rotary Trail, a popular walking and biking trail in downtown Birmingham. The property will fill a gap in the First Avenue South corridor and add to several new multifamily and mixed-use developments along Rotary Trail.
Amenities at The Tracks include a pool deck, fire pits, grilling station, community lounge, gym, indoor bicycle storage and 1 gig internet speeds.
The Tracks is made possible with the support of lender FirstBank and Birmingham designer Fifth Dimension Architecture & Interiors.
- ◦Sale/Acquisition
