Development News

Harbert Realty Celebrates the Groundbreaking of Vesta Apartment Development

August 2017

August 17, 2017 – Birmingham, AL – Harbert Realty Services, Cortland Partners and BL Harbert International celebrated the groundbreaking of Vesta Apartment Development Thursday morning at 2173 Highland Avenue South, Birmingham, AL. Speakers included Harbert Senior Vice President Dean Nix, Birmingham City Council member Valerie Abbott, Cortland Partners CEO Steven DeFrancis, and BL Harbert CEO Billy…more >

17-story Luxury Apartment Complex Vesta Moves Forward in Birmingham’s Five Points South

July 2017

August 1, 2017 – Birmingham, AL – A 17-story luxury apartment building initially set to begin construction in Birmingham’s Southside last year takes important steps forward. Atlanta-based Cortland Partners and Harbert Realty announced early last year that it was developing a 318-unit luxury apartment building at 2173 Highland Avenue South dubbed Vesta for the Roman goddess of…more >

Harbert Realty Services Partners with Atlanta Based The Dawson Company in Pensacola, Florida Development

June 2017

Harbert Realty Services and The Dawson Company have partnered to develop a mixed-use project on Nine Mile Road in Pensacola, Florida. The 52-acre property, across from the Navy Federal Credit Union’s expanding Headquarters, is set to become a main street type mixed-use town center community development. The property will include residential uses (apartments and townhomes), commercial…more >

City of Anniston Announces New Harbert Retail Center in Downtown

December 2016

Anniston, Alabama – December 19,2016 – The City of Anniston, AL announces the upcoming development of a retail center by Harbert Realty in partnership with Wells Fargo and Alabama Power. The center is to be located at the corner of 10th Street and Quintard Avenue and will have several well known retailers as tenants. The…more >

Harbert Realty Services acts as Team Member in Massive Highland Ave. Apartment Development

September 2016

Birmingham, AL – Harbert Realty Services and Cortland Partners are teaming up with BL Harbert International and Cortland Improvements to create Vesta Apartment Development, a massive complex located along Birmingham’s Highland Ave. Positioned on Highland Avenue South and 14th Avenue South, the nearly 390,000-square-foot development will consist of 318 luxury units, within a 17-story highrise building…more >

Panda Express Joins Tenants at Park Place Troy Development

July 2016

Troy, AL – July 29, 2016 – Harbert Realty Services (HRS) is proud to announce that Panda Express is joining the Publix anchored Park Place Shopping Center development in Troy, Alabama. Panda will be occupying a 0.71 acre outparcel at the development and will have a 2,600 square foot restaurant building. The Troy restaurant marks…more >

Harbert Realty to Develop New Mixed-Use Center in Alabaster

September 2015

Harbert Realty Services, Inc. plans to bring a new retail, restaurant and shopping development to U.S. 31 near Shelby Baptist Medical Center in Alabaster, and is looking to have the center completed by the third quarter of 2016. The development is planned for the east side of U.S. 31 slightly south of Shelby Baptist.  Once…more >

Harbert Realty Represented Heritage Land and Development in the Purchase of the Maclellan Building in Downtown Chattanooga

July 2015

Birmingham, AL – July 22, 2015 – Harbert Realty Services, Inc. (HRS) of Birmingham, Alabama represented Heritage Land and Development Co. in the $3.3 million purchase of the 13-story Maclellan Building located at 721 Broad Street in downtown Chattanooga, Tennessee.  The Maclellan Building, one of Chattanooga’s oldest skyscrapers dates back to the 1920s where it…more >