New Ideal Lofts has announced that the 3,500-square-foot ground floor commercial portion of the project has been leased to X⁴ – a new gym concept by Chris Wade, owner of the wildly successful Nexus Fitness in Homewood, AL. New Ideal Lofts is a redevelopment led by Southpace’s Kathy Okrongley and Michael Randman under New Ideal […]
historic tax credit
New Ideal Lofts Groundbreaking
Construction began March 2019 on the New Ideal Lofts redevelopment The project has been completed and residents have moved in. For more information regarding the development, visit https://new-ideal-lofts.com/ The New Ideal building is finally coming back to life after being shut off from the city for more than 30 years. Construction on the New Ideal […]
Historic Tax Credits Increase Birmingham Real Estate Investments Demand
Many national markets continue to emphasize a “newer is better” mentality. However, Birmingham and Alabama as a whole have placed a significant focus on investing in buildings with a nationally certified historic status. In short, while many areas tear down historical sites and structures, our state continues to restore, redevelop, and celebrate them. […]
