Tag: economic development
‘We’re in the Jobs Business,’ JCEIDA Leader Says in Announcing New North JeffCo Industrial Park
Jefferson County Economic & Industrial Development Authority has added about 1,100 acres to its inventory of developable land to create its latest industrial park in north Jefferson County.
JeffMet North Industrial Park, off Interstate 65 at Exit 275 near the Gardendale/Morris area, sets the stage for the creation of an estimated 4,700 new jobs and is expected to be a lure for auto suppliers. Read more.
JeffCo Considering $2M for New Coca-Cola Development
Jefferson County during its meeting Thursday will consider being part of an economic development project that will create a new gateway in and out of Birmingham.
Representatives of Coca-Cola Bottling Company United asked the commission for an economic incentive package of $2 million as the company looks to relocate from its longtime home north of Birmingham Shuttlesworth International Airport to the former Stockham Valves and Fittings location in Birmingham’s Kingston Neighborhood. Read more.
Birmingham Council Approves Incentives for Coca-Cola to Redevelop Former Stockham Valve Site
The old Stockham Valve & Fittings site in Kingston could be rehabilitated under a plan presented to the Birmingham Council on Tuesday. The council approved an incentive package for the $340 million redevelopment project in which the Coca-Cola Bottling Company United of Birmingham intends to build a new campus at the Stockham site. Read more.
Alabama to Begin Working With a Consulting Company That’s Under Criminal Investigation
McKinsey & Company, an international consulting business, will help the state of Alabama develop a new strategic economic growth plan. The company is undertaking that project while also dealing with a probe into whether it engaged in a criminal conspiracy. Read more.
Commission OKs Incentive for World Police and Fire Games, Prez Says Don’t Let World Games Problems Deter Investment
Jefferson County can’t let the issues that followed The World Games keep the county from being involved with other economy-impacting events, Jefferson County Commission President Jimmie Stephens said Thursday.
During the County Commission’s meeting, commissioners supported a piece of legislation that exempted the World Police and Fire Games, which are slated for Birmingham in 2025, from taxes. Read more.
$50 Million HUD Grant Expected to “Transform” West Birmingham Neighborhoods
In a setting that felt more like a tent revival than a press conference, Housing and Urban Development Secretary Marcia Fudge announced Wednesday that Birmingham had landed a $50 million community redevelopment grant. Read more.
Read the Details: Birmingham OKs Rezoning in West Birmingham Ahead of Possible Redevelopment Plan
Birmingham OKs Rezoning in West Birmingham Ahead of Possible Redevelopment Plan
Eight West Birmingham properties have been rezoned to make way for a federally funded “transformation plan” in the city’s Graymont, Smithfield and College Hills neighborhoods.
The properties rezoned by the City Council Tuesday include the Smithfield Library, the Smithfield Court Housing Community, the former Hill Elementary School and the former Jefferson County Committee for Economic Opportunity headquarters, all of which were redesignated as either “mixed-use medium” or “multiple-dwelling districts” on Tuesday.
The rezoning is intended to support the city’s bid for a Choice Neighborhood Grant from the U.S. Department of Housing and Urban Development. The city has been announced as a finalist for the $50 million grant, which would be used to redevelop much of the area surrounding Legion Field. Read more.
Bham Kicks in $1.3M to Build Restaurant in Downtown Parking Deck
A Birmingham restaurant will receive $1.3 million in city incentives to renovate part of a downtown parking deck into a 5,760-square-foot eatery.
Yo’ Mama’s, a counter-serve restaurant that has operated on Second Avenue South since 2014, will take over the ground floor of the city-owned Birmingham Parking Authority Deck 3, at 2098 Fourth Avenue North. The deck was initially constructed in 1976 and expanded in 2009, but that expansion left an incomplete, street-level retail space that the Birmingham Parking Authority unsuccessfully attempted to lease out over the subsequent 14 years. Read more.
County Considering $1.6M to Support Innovation Depot, Other Econ Dev Projects
Following a presentation from Innovation Depot, the Jefferson County Commission Tuesday moved to its Thursday meeting agenda a package of more than $1.6 million supporting the business accelerator.
Brooke Gillis, CEO of Innovation Depot, told commissioners about the depot’s aim to nurture the efforts of entrepreneurs so that their businesses can grow beyond the walls of the business center in downtown Birmingham. Read more.
‘Retain Alabama’ Effort Aims to Sell Students on Homegrown Opportunities
Alabama college students rank cost of living, job opportunities and salaries as key factors in deciding where they’ll live after graduation, and about 43% of them are undecided about staying in Alabama, according to a recent survey. Read more.