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When it was approved in 2008, city officials said the publicly financed sports complex would attract and anchor commercial development around it. As yet, no such development has materialized.
"Now developers are Adidas Primeknit Tubular Snake
Faush has said Bell did not want to offer tax incentives for a large retailer that will compete with existing businesses, and the new proposal meets his criteria.
With the latest proposal, Faush said there's reason for new optimism.
"There is an offer on the table right now for a national chain with complements, meaning it Adidas Los Angeles Eastbay would serve as an anchor and would take up several lots," Faush said. "The offer has no incentives, is a property purchase that is close to $3 million and represents a significant square footage price for an area that a lot of people said would never yield that kind of investment unless the city put up incentives."
store at Fair Park and instead proposes a $3 million offer from another retailer.
Faush declined to name the store, but said more details will be provided next week. He said the administration will meet with Councilman Steven Hoyt, who represents the western area neighborhoods bordering the Crossplex, and other members of the Budget and Finance Committee.
BIRMINGHAM, Alabama Mayor William Bell is rejecting a proposal to build a Walmart Womens Adidas Originals White And Black
Bell's chief of staff, Chuck Faush, said that a yet to be named major store has proposed buying land along Bessemer Road at the Crossplex site in Fair Park, becoming the first private development around the city's $46 million sports complex.
Little or no development is going on near the Fair Park and Crossplex. City officials have developed a master plan to develop the out parcels of Fair Park, near the Crossplex. (The Birmingham News/Tamika Moore file)
Birmingham mayor rejects Walmart for Crossplex and will present another proposal
A Walmart Neighborhood Market grocery was proposed by a developer in July as the first private development on the site. But Hoyt and some neighborhood leaders objected to Walmart.
that might lend itself to wholesome development relative to Crossplex," Hoyt said in an interview. "I don't want to get over excited about anything that I don't know anything about, but I would give it a fair hearing and see what the administration is bringing forward."
"I welcome any discussions Adidas Originals Shoes Red
Hoyt said the chain presented a threat to smaller, longtime stores that have remained and even expanded in the challenged Five Points West commercial corridor long before Crossplex was built.
paying a lot of attention to Five Points West, and Crossplex is the catalyst," he said. "We are very optimistic that this is a business that would be utilized by residents as well as tourists."
A master plan for redeveloping the area was prepared by Bloc Global, a firm hired by the city to help find ways to end the stagnation.
6, 2012. (The Birmingham News/ Mark Almond)
Hoyt Friday evening said it's a positive indication that another business is at the table that could be more neighborhood friendly.
"It's useful and preserves a healthy business environment for existing business," Faush said. "It continues the development of our new shining star and it leaves a lot of land still to be developed."
Bloc's report covers several elements of redevelopment, including seeking out developers for designated clusters at the site.
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