Birmingham’s $5 million investment in the project is expected to be matched by equal contributions from Jefferson County, the BJCC and venue promoter and operator Live Nation.
The former hospital site will be turned into a mixed-use development, Star at Uptown, which is to include residential, retail and dining spaces, as well as an amphitheater.
The Birmingham City Council approved an economic incentives package this week for the long-awaited redevelopment of the former Carraway Hospital property.
Birmingham's Carraway Hospital, which has been closed since 2008, will be redeveloped to include retail, dining, residential, office and entertainment spaces.
The Birmingham City Council on Monday delayed voting on an item granting funding to the Five Points West/CrossPlex Business Alliance under the city’s Building Opportunities for Lasting Development (BOLD) initiative.