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| Jeffrey Bayer |
BIRMINGHAM, AL — Bayer
Properties announced today that it has placed an approximately 125-acre tract
of land along Highway 280 across from The
Summit Birmingham under contract.
A significant portion of the tract is
being sold by AT&T in connection with its plan to relocate various offices
within Birmingham.
“We will be working with
local officials and doing the necessary due diligence prior to formalizing plans
for the site located across Hwy 280 from The Summit,” said Jeffrey Bayer, President & CEO at Bayer Properties.
David Silverstein, principal at Bayer Properties, added, “We certainly understand the
sensitivity around development in this location, and our goal is to create a
project that will be complementary to The Summit and surrounding areas and will
be a true amenity for the community.”
In addition to this new
site, Bayer Properties is also redeveloping The Pizitz in downtown Birmingham.
The historic former department store is being transformed into apartments,
creative office space and a food hall.
For a
complete copy of the company’s news release, please contact:
Savannah Durban
The Wilbert Group
Tel: 404-343-0870
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