Affordable apartments set for vacant downtown Birmingham high-rise

Stonewall Building (Birmingham News file photo/Jerry Ayres)

Affordable apartments — starting at $600 a month — which have been long-planned for the 12-story Stonewall Building may finally come to fruition as the revitalization of downtown Birmingham continues.

Ed Ticheli, the long-time owner of the building, this week received $182,182 in state historic tax credits for the renovation of the former office building, also called the Martin Building, at the northeast corner of Fourth Avenue North and 23rd Street.

An additional $2.9 million in tax credits sought by the developer was wait listed by the state until 2019. This means the project will be first in line for funds next year.

Ticheli’s attorney Murphy McMillan said the plan is to transform the 84,000-square-foot building into 137 residential units. Retail space is possible for the ground floor depending on demand.

The building will not offer Section 8 housing, he said.

"We are excited about the prospects for the project," McMillan said. "We think it will be a great contribution to the area. A lot of redevelopment hasn’t occurred in that part of downtown. We hope this will spur more development."

The building is about a block from the U.S. Post Office on 24th Street North and two blocks from the Redmont Hotel on 5th Avenue North.

The building was completed in 1925 as the Martin Office Building. It was later known at the Stonewall Building for the Stonewall Insurance Co., which once occupied it.

The apartments slated for the Stonewall Building will be more affordable than most apartments being constructed in downtown. Rents will begin at $600 for studio or one-bedroom apartments with an average rental rate of less than $900 for two-bedroom apartments.

"There are presumably a lot of people who are living in the suburbs because they can’t afford to move downtown," McMillan said. "We think this is a good option for them."

Ticheli is also working to partner with the YWCA to provide apartments for women working to get back on their feet, he said.

Ticheli has owned the Stonewall Building for more than 10 years. He attempted to redevelop the building into an affordable apartments complex in 2008, but the project stalled due to a weak housing market.

To transform the vacant building into 71 apartment units and some commercial space at that time was projected to cost a projected $10 million.

Ticheli and his brother Leo had planned to start work on the Stonewall after completing the $5 million Gallery Lofts, the $3 million J.T. Massey Mercantile and Massey Corral renovations and the redevelopment of the former Jimmie Hale Mission property.

The Tichelis demolished smaller buildings around the Stonewall Building to make way for parking for the residential project.

McMillan said the current plan is to break ground on the project by the third quarter of 2018. Construction is expected to take 12 to 15 months.

"The building is just a shell," he said. "For the most part, they are just empty floors."

McMillan said the major part of the redevelopment is redoing the mechanical and electrical systems for the more than 90-year-old building.

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Recent Manufacturing Jobs On The Birmingham Job Board

BIRMINGHAM, AL – In the last decade manufacturing in Alabama has grown to become one of the state’s largest job markets. With the automotive and medical industry manufacturing jobs opening in Alabama, employers are looking for workers at every level, from entry to executive. Here are just some of the manufacturing jobs listed in the Birmingham area:

Ensure manufacturing and quality performance is maintained through monitoring Safety, Quality, Deliverables, Cost, and Employee (SQDCE) process 3. Oversees and directs daily spreading, cutting …

We are seeking a Manufacturing Operator to join our team! You will help oversee operational activities and ensure excellent quality control. Are you a dedicated, hard-working team player that has …

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The GM Corporate Manufacturing position has total responsibility to ensure the production requirements are met in a manner that meets quality objectives. Provide day to day leadership for the …

Will use Forklift/Pallet Jacks Qualifications for Assembly Openings: * 2-3 years experience in manufacturingassembly * Familiarity with assembly tools and equipment * Ability to handle physical …

Operate spreading machinery to efficiently manufacture rolled goods at the highest quality. 3. Operate cutting machinery to create standardized rolled goods at the highest quality. 4. Assist in the …

We are seeking candidates that have one or more years of manufacturing/light industrial experience and are willing to move up into production positions, have basic mechanical aptitude such as …

Sets up and starts all secondary operations within the manufacturing area. Required to check all controls for adherence to operating/safety procedures. Refers issues/problems to Lead/Supervisor for …

Executive Manufacturing Recruiter (Remote / Home Office) to join our growing team! This role REQUIRES experience in the recruiting industry. We are looking to grow this team and are working with many …

Quality Engineer Opportunity with global reaching company! This position is located in the Memphis, TN, vicinity and relocation assistance is provided. Are you ready for the next step in your career

BLOX is both service and product that includes architecture, engineering, manufacturing, logistics and construction. BLOX is looking for a smart, nimble and talented problem solver who is a hands on …

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Photo by Thomas Niedermueller/Getty Images

Birmingham, AL Job Board

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Luxury apartments to be built near OWA

The developers of Sevilla Place Apartments paid $1 million for 9 acres on Baldwin County 20 in Foley, just west of OWA entertainment park, according to local developer Stacey Ryals of Hosteeva Realty, who represented the sellers. Construction will begin soon on 126 luxury apartments which will include a clubhouse, exercise room, pool, dog park, kids park and garage parking.

AdvanTec Manufacturing USA, Inc. has leased 35,680 square feet of industrial space at 22955 McAuliffe Drive in Robertsdale, according to Jeff Barnes of Stirling Properties who handled the transaction.

Wine & Canvas has leased 2,487 square feet of space in Square One Shopping Center at 907 Hillcrest Road in Mobile, according to Angie McArthur of Stirling Properties, who represented the art and entertainment company. Terry McKinney of Delaney Land & Realty worked for the landlord.

Home builder D.R Horton paid $1.815 million for 29 single-family lots in the Vintage Creek community off Nine Mile Road in Pensacola, according to developer Nathan Cox of 68 Ventures. The 161-lot gated subdivision has homes in the $300s to $400s.

community.

Beauty World has leased 5,000 square feet of retail space next to Kohl’s department store in Spanish Fort Town Center off Town Center Avenue in Spanish Fort, and plans to open in late spring, according to Angie McArthur of Stirling Properties, who represented the landlord.

American Deli has leased 1,539 square feet at 5701 Old Shell Road in Mobile, according to Leigh Dale Younce and Buff Teague of JLL, who represented the landlord.

Cook Out purchased the former PDQ chicken restaurant at 116 S. University Blvd., in Mobile, according to Allen Garstecki of JLL, who represented the seller. John Vallas of Vallas Realty worked for the buyer. Cook Out is a fast food chain featuring fresh burgers, BBQ, hot dogs and shakes.

(William Thornton / wthornton@al.com)

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