Historic steam plant in Birmingham, ready for reconstruction – urban land

The historic steam steam Avenue plant, located in the center of Birmingham, Alabama, is an exceptional opportunity to restore a piece of the city’s industrial heritage. By covering a 3,09 acres square (1.24 ha) in the heart of the life of the Parks in Birmingham, this historic property is ready to become a cornerstone of the constant revival of the center of Birmingham.

Len Shanon, Sior, CCIM and Derek Waltchak, the founding partners of Shannon Waltchack, recently launched the property they stop at the market.

The site is located directly against Railroad Park and within walking distance of key landmarks such as Field Regions, Medical Center of the University of Alabama and College at College-which covers 63 blocks-and children’s hospital. Nearly more than 3,000 newly built apartments, Powell Avenue steam plant offers unmatched connectivity and activation potential. Its main location, paired with its rich industrial character, makes it the ideal candidate for transformative conversion into a dynamic destination with mixed use. The current owner has already invested significantly in the property, renovating the structure of a cold, dark shell full of a new roof and windows, while dealing with environmental concerns.

With the provision of zoning and rights, environmental repaired and approvals for state and federal tax loans that are already present, much of the advance risk has been eliminated, allowing developers to move quickly and efficiently in the next phases of the project. This is more than a reconstruction project – it is an opportunity to raise a new life in a historical landmark, creating a space that honors Birmingham’s past while shaping its future. Whether it is transformed into a cultural center, shopping center or vital development of mixed use, Powell Avenue’s steam plant has the potential to become a meaningful and emblematic addition to the developing silhouette of the city and the fabric of the community.

Watch the video of the property

The team is looking for a partner who can carefully balance innovation with preservation, inhaling a new life in space, while respecting his rich historical integrity. The aim is to create a project that not only honors the heritage of the building, but also encourages the surrounding community, encouraging growth and vitality for future generations.

Website

Contacts:

Len Shannon, Sior, CCIM
205-222-1664
[email protected]

Derek Waltchak
205-223-2607
[email protected]