Beverage firm Gulf Distributing is relocating its Mobile operations from Moffett Road to downtown Mobile.
The company plans to overhaul the former Press-Register Building on North Water Street. The $32.5 million project is expected to bring 25 new jobs and retain 220 existing ones.
“When Gulf was founded in 1973, my mother and I had about 15 employees and a few trucks,” said Elliot B. Maisel, chairman and CEO of Gulf Distributing. “The Moffett Road location was a perfect fit for Gulf back then and had plenty of room for our thriving business to grow. Now almost 50 years later, Gulf’s business is bursting at the seams, and we need more space for all the growth Gulf has achieved.”
Maisel said the Water Street location “can accommodate our needs for additional space while allowing us to upgrade to a more modern, efficient facility. Our employees are also excited to be in downtown Mobile, which has so much to offer with its restaurants and culture amongst the area’s most sought-after neighborhoods. Most importantly, it has plenty of room to grow for the next 50 years.”
The project includes improvements to office space that can be leased to other tenants.
“This move will play a key role in the revitalization of Downtown Mobile, as we strive to recruit more back-office operations to our downtown area,” said Mobile Chamber President and CEO Bradley Byrne. “Gulf Distributing has been a longstanding corporate citizen in our community since 1973, and we are thrilled to see the company continue to grow and thrive in our city.”