For almost a century, an iconic former 1920s department store called The Pizitz has stood in downtown Birmingham, Ala.’s bustling business district. Local developer Bayer Properties saw potential in the property that sat vacant for roughly 30 years and decided to transform the 251,210-square-foot building into a vibrant mixed-use destination with apartments.
The adaptive-reuse project includes 143 multifamily residences with 29 affordable units, a modern co-working space, a multiuse event space, and The Pizitz Food Hall—the first of its kind in the state, according to the developer.
The unique dining area is located on the building’s first level and is home to over 10 food stalls that offer a range of cuisines, including Vietnamese pho, Hawaiian poké, Indian street food, and American Southern staples.
Residents also have access to a full-service restaurant, two 100-seat theaters in the Sidewalk Film Center and Cinema—showcasing first-runs, indie films, and retrospective or one-off screenings—and a large, public outdoor courtyard complete with lounge areas, cafe seating, and a unique art collection.
The Residences at The Pizitz has remained 99% leased since its December 2016 opening, and the units continue to command the highest rents in the market.