A consolidated team of Black people alone will complete a $ 100 Million Birmingham Alabama project. It is the largest project ever run by an African American team.
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Birmingham Mayor Randall Woodfin and the city council authorized the sale of approximately 222 acres of land to Green Meadow Apartments, LLC for a purchase price of $ 1.5 million.
Major Woodfin says this is a significant day for Birmingham City. With over $ 2 billion, to date, this is the largest transaction led by African Americans in the city’s history.
This project will include a multi-phased project that will include single-family, multi-family, and senior housing for an estimated 900 residents. There will be a grocery store and commercial and retail office spaces. The total investment in this project is said to be $ 100 million.
This sends a message to the entire country that African American and minority developers have a place in Birmingham, and we are aggressive and intentional about supporting their efforts.