Construction and Real Estate

Russell Brands Wetumpka Site Acquired by Phoenix Investors

Real estate investment firm Phoenix Investors has acquired the Russell Brands site in Wetumpka, praising the facility’s “robust infrastructure” and “excellent quality” construction. Russell Brands...

Birmingham’s Emerald Pointe Complex Acquired

The 192-unit Emerald Pointe apartment complex in Birmingham has been acquired by New Jersey-based Lexerd Capital Management LLC. Located on Lorna Road not far from...

$14.5 Million Parking Deck to Provide Hundreds of Spaces in Huntsville

Precast erection has begun on a five-story, $14.5 million parking garage that will bring 725 more parking spaces to downtown Huntsville. The Monroe Street Parking...

Bayer Continues Work on Hardwick Project in Birmingham

Bayer Properties plans to start construction in summer 2021 on the Hardwick, the 82,000-square-foot mixed-use project in downtown Birmingham at the eastern end of...

Longtime Huntsville Children’s Theater to Build New Home

Fantasy Playhouse Children’s Theater & Academy, a fixture in Huntsville for 60 years, has launched a capital campaign to build a new theater for...

Doster-constructed Southeast Health Dining Facility is Finished

A more-than-60-year-old kitchen and cafeteria at Dothan’s Southeast Health has a new look, and the new facility is scheduled to open in December. Birmingham-based Doster...

Vulcan Materials down slightly in third quarter

An economy dogged by coronavirus and a construction industry plagued by wet weather have cut into third quarter earnings for construction aggregates firm Vulcan...

Sanders Trust Sells $240 Million Medical Property Portfolio

Birmingham-based Sanders Trust has sold a $240 million portfolio of medical properties — 11 properties in eight states — to a public pension fund. Sanders...

Kith Kitchens Expanding to Florence

Kith Kitchens, a Haleyville-based cabinetry maker, has announced plans for an $11 million expansion in Florence. A family-owned business founded in 1998, Kith Kitchens is...

Capstone Starts Work on $13 Million Georgia Multifamily Rehab Project

Capstone Building Corp., based in Birmingham, has kicked off work on a $13 million project to rehabilitate four apartment complexes in Albany, Georgia. The...

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