Chinaberry Cottage at the foot of Spring Hill has maintained the same disheveled appearance for years, so when it underwent an incredible transformation, many regular passers-by may have done a double-take.
Continue readingSouth Alabama Logistics Park Announce Several Major National Tenants
BPG Begins Project to Reinvent Spring Hill Village Center
Spring Hill Village to be Reinvented Mobile, AL – August 3, 2021 – Burton Property Group, owner of Spring Hill Village Shopping Center, a retail center in the heart of Mobile’s Spring Hill district, has announced a $4 million capital improvement plan to dramatically upgrade the property.
Owners announced Monday that Spring Hill Village, the Rouses-anchored shopping center, will undergo a major redevelopment in order to enhance all aspects of the center. The improvements include a redesigned façade throughout, as well as parking lot improvements to enhance flow and the construction of two new out parcels. Burton Property Group is taking a strategic, phased approach in order to minimize disruption and enable tenants to remain open during the entire re-development process. Owners will invest over $4 million to update the center and will follow the Village of Spring Hill code for the new out parcels.
The Village of Spring Hill, Inc. President, Linda St. John stated, “We are thrilled to see the investment made by the owners to update one of the main commercial corridors in our Village! The new design, featuring Village streetscapes and two out parcels on Old Shell Road and North McGregor Avenue is a great example of how existing commercial properties in Spring Hill can be modified to become compliant with The Village of Spring Hill Master Plan.”
Mobile City Council District 7 Representative, Gina Gregory added, “I’ve been working with the Village of Spring Hill and the Developers in an effort to leverage the City’s planned improvements alongside McGregor Avenue South, and I’m looking forward to the completion of these improvements for the Citizens of District 7.”
The capital improvement project is projected to be complete in early 2022.
Burton Property Group Announces Plans For 1,300-Acre Logistics Park Off I-10
MOBILE, AL, April 6, 2021 –
Burton Property Group, a southeast-based real estate development firm unveiled details on plans to develop a master-planned industrial park within the city of Mobile, South Alabama Logistics Park (SALP). The project is the result of a 3-year effort between Burton Property Group, the County of Mobile, City of Mobile, Port of Mobile, and the Mobile Area of Chamber of Commerce resulting in the development of a 1,300-acre Class A park which will be located off I-10 in South Mobile County.
The project has received Infrastructure support from both the City of Mobile and the County of Mobile. South Alabaman Logistics Park (“SALP”) is aimed at providing class A Industrial Warehouse and Distribution Space for the growing number of Port Users and potential light manufacturers who need to be located in close proximity to the Port of Mobile and Mobile Aeroplex at Brookley. With over 6,000,000 square feet planned in Phase 1, SALP would be the largest in the State of Alabama and one of the largest in the Southeast.
“Having the support of the City and County of Mobile has been a major catalyst to bringing this project, and the stimulus it will create, to reality. This truly has been a partnership. The total investment for phase one, once fully developed, will be over $350 million and we are projecting over a 1,000 jobs for South Mobile County said Philip Burton, CEO of Burton Property Group.
Burton Property Group is expecting to close on the property this summer and is in the process of investing in needed infrastructure to attract the target. The company will construct speculative sites as well as offer a build-to-suit option.
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Continental Motors now Continental Aerospace Technologies, cuts ribbon on new manufacturing facility
A major manufacturer plans to cut the ribbon at their new facility later today. Announced two years ago, officials at Continental Aerospace Technologies, formerly Continental Motors, will officially welcome the facility at an invitation-only ceremony at 10:30 this morning.
Continue readingSoutheast Real Estate Business: Organic Growth Takes Flight
Burton Property Group announces large project
Burton Property Group to Break Ground on New Headquarters for Aircraft Engine Manufacturer in Mobile
MOBILE, ALA. — Burton Property Group (BPG) will soon break ground on a new corporate headquarters and manufacturing facility for Continental Motors Group at the Mobile Aeroplex at Brookley, an industrial complex and airport in Mobile. The facility will consolidate the aircraft engine manufacturer’s operations from 11 buildings situated on 45 acres to two buildings on approximately 20 acres. The buildings will total 275,000 square feet, with the majority being dedicated to aircraft engine and parts manufacturing. BPG partnered with Atlanta-based investment firm Stonemont Financial Group to fund the development. Clayco Inc. is designing and building the project, which is expected to take 11 months to complete. Continental Motors Group employs approximately 450 people in Alabama’s Mobile and Baldwin counties.
Why brick and mortar stores will never go away
What will happen with all that vacant real estate?
Nostalgia mixed with sadness rippled through the country last week as American retail staple, Toys R Us, closed its doors.
Continue readingSaying goodbye to Toys R Us
What will happen with all that vacant real estate?
Nostalgia mixed with sadness rippled through the country last week as American retail staple, Toys R Us, closed its doors.
Continue reading