Birmingham's Daniel Corp. is teaming with Retirement Systems of Alabama on major development at Point Clear; officials hope it will keep tourism dollars in stat

The first phase is complete in a $540 million, mixed-use condo development on Mobile Bay that officials hope will keep tourism dollars in the state.

Bayview, a 56-unit condominium building, opened last month as part of the 175-acre Colony at the Grand project being developed in a partnershp between Birmingham's Daniel Corp. and the Retirement Systems of Alabama.

View Full Article

Birmingham Area Near Top of Pack in Affordable Homes
Source: Birmingham Business Journal, March 21, 2008

Birmingham now ranks third in the nation for affordable housing, outpacing at least seven other Southeastern cities. According to a study of the nation's largest 50 metro areas conducted by American City Business Journals, parent company of the Birmingham Business Journal, the metro area's median monthly housing payment was $753, taking a little over 20 percent of local homeowners' median monthly household income of $3,711. …read more

View Full Article