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Written by Administrator
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Friday, 11 April 2008 |
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Friday, April 11, 2008 DAWN KENT News staff writer An Engel Realty Co. investment group has bought a high-profile 274-unit apartment complex in Homewood and plans to spend more than $3 million improving the property, which dates to the late 1960s. The group paid $25.7 million for the Mayfair Chateau Manor, a purchase that closed last week. The complex along U.S. 31 near Lakeshore Drive is easily recognizable for its mansard roofs. The property will retain that French chateau look. Planned interior improvements include upgrades to the kitchens and bathrooms, as well as hardwood floors and French doors. New landscaping also is planned. "This is our home, our city and we know the location," William Butler, Engel's executive vice president, said of the Birmingham-based firm's involvement in the project. "It's a landmark property. To us, it's a trophy." Renovations are expected to last 18 months, and the work will happen around people already living in the apartments. |
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Written by Administrator
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Tuesday, 25 December 2007 |
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TUSCALOOSA | An old trailer park a mile from the University of Alabama could soon be replaced by a neighborhood of high-end Craftsman-style cottages with a historical feel. The 132 homes, planned for the Arlington area off Hargrove Road, will have manicured lawns, sidewalks and trees, a clubhouse, a pool and be in a gated community. But unlike the older neighborhoods nearby, the new development with its single-family homes and duplexes isn't being marketed toward families. Instead, the developers are seeking students. |
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Last Updated ( Friday, 18 January 2008 )
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Written by Administrator
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Tuesday, 25 December 2007 |
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Every year Alabama attracts tourists with its rich history, stunning landscapes and warm welcome from locals. From charming coastal towns nestled along the Gulf of Mexico to the lively inland cities, Alabama offers a myriad of activities for every taste and age. While history enthusiasts can explore the city of Birmingham, those who enjoy beach fun should visit Orange Beach located in Alabama’s Gulf Shores. At this time of the year great bargains can be found on sites such as Rentalo.com, a premier vacation rental website that links travelers to property owners. This season Rentalo offers discounts up to 66% on its Alabama vacation rentals. |
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Last Updated ( Friday, 18 January 2008 )
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