Why is Commercial Real Estate such a Hot Commodity in Birmingham?

| July 25, 2016 

 ========= Old Image Removed =========Array
(
    [_wp_attached_file] => Array
        (
            [0] => 2007/08/Birmingham-al.jpg
        )

    [_wp_attachment_metadata] => Array
        (
            [0] => a:5:{s:5:"width";i:1920;s:6:"height";i:1279;s:4:"file";s:25:"2007/08/Birmingham-al.jpg";s:5:"sizes";a:13:{s:6:"medium";a:4:{s:4:"file";s:25:"Birmingham-al-336x224.jpg";s:5:"width";i:336;s:6:"height";i:224;s:9:"mime-type";s:10:"image/jpeg";}s:5:"large";a:4:{s:4:"file";s:25:"Birmingham-al-771x514.jpg";s:5:"width";i:771;s:6:"height";i:514;s:9:"mime-type";s:10:"image/jpeg";}s:9:"thumbnail";a:4:{s:4:"file";s:25:"Birmingham-al-140x140.jpg";s:5:"width";i:140;s:6:"height";i:140;s:9:"mime-type";s:10:"image/jpeg";}s:12:"medium_large";a:4:{s:4:"file";s:25:"Birmingham-al-768x512.jpg";s:5:"width";i:768;s:6:"height";i:512;s:9:"mime-type";s:10:"image/jpeg";}s:9:"1536x1536";a:4:{s:4:"file";s:27:"Birmingham-al-1536x1023.jpg";s:5:"width";i:1536;s:6:"height";i:1023;s:9:"mime-type";s:10:"image/jpeg";}s:9:"wbhm-icon";a:4:{s:4:"file";s:23:"Birmingham-al-80x80.jpg";s:5:"width";i:80;s:6:"height";i:80;s:9:"mime-type";s:10:"image/jpeg";}s:13:"wbhm-featured";a:4:{s:4:"file";s:25:"Birmingham-al-800x450.jpg";s:5:"width";i:800;s:6:"height";i:450;s:9:"mime-type";s:10:"image/jpeg";}s:20:"wbhm-featured-square";a:4:{s:4:"file";s:25:"Birmingham-al-600x600.jpg";s:5:"width";i:600;s:6:"height";i:600;s:9:"mime-type";s:10:"image/jpeg";}s:18:"wbhm-featured-home";a:4:{s:4:"file";s:25:"Birmingham-al-467x311.jpg";s:5:"width";i:467;s:6:"height";i:311;s:9:"mime-type";s:10:"image/jpeg";}s:22:"wbhm-featured-carousel";a:4:{s:4:"file";s:25:"Birmingham-al-398x265.jpg";s:5:"width";i:398;s:6:"height";i:265;s:9:"mime-type";s:10:"image/jpeg";}s:28:"ab-block-post-grid-landscape";a:4:{s:4:"file";s:25:"Birmingham-al-600x400.jpg";s:5:"width";i:600;s:6:"height";i:400;s:9:"mime-type";s:10:"image/jpeg";}s:25:"ab-block-post-grid-square";a:4:{s:4:"file";s:25:"Birmingham-al-600x600.jpg";s:5:"width";i:600;s:6:"height";i:600;s:9:"mime-type";s:10:"image/jpeg";}s:14:"post-thumbnail";a:4:{s:4:"file";s:25:"Birmingham-al-125x125.jpg";s:5:"width";i:125;s:6:"height";i:125;s:9:"mime-type";s:10:"image/jpeg";}}s:10:"image_meta";a:12:{s:8:"aperture";s:1:"0";s:6:"credit";s:0:"";s:6:"camera";s:0:"";s:7:"caption";s:0:"";s:17:"created_timestamp";s:1:"0";s:9:"copyright";s:0:"";s:12:"focal_length";s:1:"0";s:3:"iso";s:1:"0";s:13:"shutter_speed";s:1:"0";s:5:"title";s:0:"";s:11:"orientation";s:1:"0";s:8:"keywords";a:0:{}}}
        )

    [_edit_lock] => Array
        (
            [0] => 1436808886:9
        )

    [_imagify_optimization_level] => Array
        (
            [0] => 1
        )

    [_imagify_data] => Array
        (
            [0] => a:2:{s:5:"stats";a:3:{s:13:"original_size";i:1361183;s:14:"optimized_size";i:429146;s:7:"percent";d:68.469999999999999;}s:5:"sizes";a:10:{s:4:"full";a:5:{s:7:"success";b:1;s:8:"file_url";s:53:"https://news.wbhm.org/media/2007/08/Birmingham-al.jpg";s:13:"original_size";i:1243213;s:14:"optimized_size";i:342732;s:7:"percent";d:72.430000000000007;}s:9:"thumbnail";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:6:"medium";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:5:"large";a:5:{s:7:"success";b:1;s:8:"file_url";s:61:"https://news.wbhm.org/media/2007/08/Birmingham-al-771x514.jpg";s:13:"original_size";i:114831;s:14:"optimized_size";i:83279;s:7:"percent";d:27.48;}s:9:"wbhm-icon";a:5:{s:7:"success";b:1;s:8:"file_url";s:59:"https://news.wbhm.org/media/2007/08/Birmingham-al-80x80.jpg";s:13:"original_size";i:3139;s:14:"optimized_size";i:3135;s:7:"percent";d:0.13;}s:13:"wbhm-featured";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:20:"wbhm-featured-square";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:18:"wbhm-featured-home";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:22:"wbhm-featured-carousel";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:14:"post-thumbnail";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}}}
        )

    [_imagify_status] => Array
        (
            [0] => success
        )

)
1656384571 
1469462878

Birmingham is attracting a lot of commercial investment. Since 2011, out-of-state investors have spent more than $3.8 billion on commercial property in Jefferson and Shelby Counties. This trend is said to have peaked in 2014, but experts say investor money is still flowing into the city. In this week’s Magic City Marketplace, Ty West, editor of the Birmingham Businesses Journal talks about why commercial real estate is such a hot commodity.

 

What is birthright citizenship and what happens after the Supreme Court ruling?

Within two hours of a Supreme Court ruling that limits the ability of federal courts to impose universal injunctions, lawyers for immigrant rights groups filed a class action lawsuit on behalf of their clients.

A fourth judge has blocked a Trump executive order targeting elite law firms

The ruling, involving the firm Susman Godfrey, marks the fourth time out of four that a federal judge has permanently blocked one of Trump's executive orders seeking to punish an elite law firm.

Five academics and former diplomats on U.S. strikes, Iran and stability

What 5 academics and former diplomats told Morning Edition about the U.S. strikes on Iran and fallout with Israel.

What is a universal injunction and how did the Supreme Court limit its use?

Friday's decision stems from President Trump's executive order regarding birthright citizenship, but the Supreme Court focused on whether lower federal courts have the power to issue nationwide blocks.

Judge orders Abrego Garcia to remain in jail after his lawyers raise deportation concerns

A federal judge agreed to delay Kilmar Abrego Garcia's release after his lawyers pointed to conflicting reports from federal officials about whether he would remain in the U.S. while he awaits trial.

Supreme Court postpones Louisiana redistricting case to next term

At issue is the Louisiana legislature's creation of a Black-majority congressional district, which a group of voters claimed was an illegal racial gerrymander.

More Economy Coverage