Market Lofts on Third to bring affordable housing to downtown Birmingham

BIRMINGHAM, Ala. (WIAT) — A building constructed in the 1940s is getting new life in downtown Birmingham and is being touted as an answer to the city’s affordable housing crisis.

According to census records, Birmingham’s population has decreased by more than 18% since 2000. One of the reasons cited is more affordable housing options elsewhere in the area, but an 83-year-old building may be a sign of things to come.

The project calls for restoring the old Red Cross building downtown and bringing with it an affordable housing option, which developer Ed Ticheli believes Birmingham needs more of.