City enters into agreement for Birmingham Crossplex development - ABC 33/40 - Birmingham News, Weather, Sports

City enters into agreement for Birmingham Crossplex development

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Give it some time and 38 acres surrounding the Birmingham Crossplex could look quite different than it does now.

City leaders entered into an agreement Tuesday with Atlanta-based Russell New Urban Development company.

Here's the plan: The developer proposes putting retail, entertainment and other commercial centers on the property. It is also considering a hotel and a medical center in the area. Council gave the company six months to create a master plan before it makes a final decision.

"Give them time to check out the property and see whether this is something they actually think they can accomplish," Councilor Valerie Abbott.

Under the agreement--the city would give $2.5 million in infrastructure support, and it will provide up to $100,000 in pre-development costs for the project.

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