The city of Birmingham approved Tuesday a $1.5 million land sale to Green Meadow Apartments LLC for the development of a new housing complex and commercial center estimated to allow space for 900 residents.
The 222 acres of land sold to Green Meadows are located near Lakeshore Parkway at 1911 Tiger Walk. According to a release from the city Tuesday, the project development team is comprised entirely of African Americans and is led by Michael German, a former director for the Alabama field office of the U.S. Department of Housing and Urban Development.
“This is a great day for the city of Birmingham,” Birmingham Mayor Randall Woodfin said in a statement Tuesday. “Not only because of the jobs, the homes, and the economic impact, but because of the history that is being made.”
A preliminary study conducted by Green Meadows estimates the development project will generate upwards of 240 permanent jobs and 2,000 construction jobs.
The complex would include single-family, multi-family, and senior housing, with a total investment, according to the city, of $100 million. Additional commercial and retail office space will be included, along with a town center and grocery store.
“We want to thank the mayor and council for their support in this transformational project,” said Cornell Wesley, director of the Department of Innovation and Economic Opportunity. “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.”