Birmingham City Council approves Lakeshore residential development rezoning
PRESS RELEASE Tuesday, August 28, 2018
Contact: Chiara Perry
BIRMINGHAM, AL -A major residential development is coming to Lakeshore Parkway following an item that adjusted the “Q” conditions on the property where the Regal Wildwood 14 Theatre used to be located.
The change will allow for multiple family use, whereas before it was zoned for commercial use only. The site will house 280 units, with half of them being single bedroom apartments. All the units will be market rate.
The residential development is expected to inject new life into the major retailers that occupy a large swath of Lakeshore Parkway, according to the developer Bill Dobbins. His group is marketing the new apartments to young professionals and people attending the University of Alabama at Birmingham.
The development falls within the school boundaries of Oxmoor Valley Elementary, Jones Valley Middle School and Wenonah High School.
There has been an uptick in new developments along the Lakeshore corridor. Last year, Starbucks opened a new location at the Wildwood Shopping Center. Early this year, Premiere Lux Cinemas announced they would be renovating the old Wynnsong Cinema located at 500 Commons Drive.
“I think it’s a great development,” said Councilor Steven Hoyt, who chairs the Planning and Zoning Committee. “Any time we can provide housing opportunities for citizens I think it’s wonderful, especially when Birmingham benefits from increased taxes and more people spending money at local businesses. I think it’s an inviting complex based on the renderings I’ve seen. It used to be a parking lot and now it will be homes for student who are on the move and don’t want to cut grass. Not to mention it’s a excellent location for all the modern conveniences and eateries. It’s just a win-win for the city.”
Councilor Hunter Williams agreed with Hoyt’s optimistic outlook on the new development. “Anytime we can add residents it’s a good thing,” Williams said. “As our population has decreased over 20 years so have our tax rolls. So when we can add any number of voters and tax payers it’s good for economics and the city as a whole.”
Click here for the full story on this residential development.
This press release is a contribution from Cody Owens, Public Information Officer in the Office of the Birmingham City Council. For media inquiries contact Chiara Perry, Interim Director of Public Information at 205.383.8432 or firstname.lastname@example.org.