William KadishCreating places for people to gather and communities to flourish.
Crestline Heights, A Multi-Use Development in Birmingham, Alabama, Announced
Multi-use development coming to former Trinity Medical Center site in Birmingham, Alabama. “Crestline Heights” to include corporate campus, single-tenant buildings and luxury condominium space.
BIRMINGHAM, Ala. – March 30, 2020
Birmingham Metro LLC, a Lawrence Kadish and William Kadish entity, today announced the development of a new multi-use campus at the former Trinity/Baptist Montclair Medical Center site. “Crestline Heights” will span 75 acres, extending along Montclair Road from Dan Hudson Drive South to 52nd Street South, and will be the home for a corporate headquarters and multi-use campus with residential, medical and community-oriented retail and café spaces.
Birmingham Metro LLC identifies strong communities with high-value growth potential for its key initiatives. Stadium Trace Village in Hoover and The Landing in Opelika are the company’s other developments in Alabama.
Overlooking Crestline Village, Mountain Brook and the Highway 280 corridor to the south, Crestline Heights offers immediate access to both the I-459 and I-20 corridors. The development will present over 300,000 sq. ft. of fully renovated buildings with all-new infrastructure, including high-speed elevators, advanced life-safety systems, modern architectural design features and easily-accessed covered parking (1,700 sizeable spaces). In addition, preferred developers will have options on five graded building pads (ranging from four to 17 acres) for sale or joint venture to add further synergies to the site.
From an elevated 30-acre platform embedded in Red Mountain, the campus boasts stunning mountain views and healthy lifestyle amenities: new and expanded nature trails, a private indoor golf range, an expansive central courtyard with an inviting green space for exclusive outdoor exercise and relaxed, well-spaced networking. Professionals, residents and guests will enjoy the exceptional scenery and the convenience of the community retail shops and fine eateries.
Duluth Trading property at Hoover’s Stadium Trace Village sells for $5M
Stadium Trace Village, our Broad Metro Commercial Real Estate development in Hoover, Alabama, continues to add new businesses and restaurants. Duluth Trading opened its doors to Hoover and Birmingham area residents in late 2019. The Hoover Duluth Trading store occupies 15,000 square feet at Stadium Trace Village, where it offers workwear and casual apparel for men and women.
In February 2020, the Duluth Trading store location sold to a real estate investment trust based in Arizona, VEREIT Real Estate LP, for a reported 5.144 million. VEREIT (NYSE: VER), owns and manages retail, restaurant, office and industry properties that have long-term net leases with high-credit tenants.
Stadium Trace Village, developed by William Kadish of Broad Metro Commercial Real Estate continues to grow with new tenants like Big Whiskey’s, Chipotle, Edgar’s Bakery, O’Henry’s Coffee, Longhorn Steakhouse, Arby’s and Sleep Number.
Related Article: Birmingham Business Journal
William Kadish Leads Stadium Trace Village Team
Stadium Trace Village has become an integral part of Hoover and serves as a gateway to the Birmingham region when approaching the city from the west. Designed as a walkable urban destination, Stadium Trace Village attracts visitors by offering the best-in-category operators among its tenants, including a world-renowned medical center and a market known for farm-fresh produce and quality grocery items. The property offers experiential stores, restaurants and hotels to serve visitors attending events at the Met Sports Stadium (Home to the SEC Baseball Tournament), Finley Sports Complex and Convention Center, and the regionally acclaimed Hoover High School.
Nearly 1,500 feet of frontage along I-459 at exit 10 and more than 2,000 feet of frontage on Highway 150 (John Hawkins Parkway) provide incredible visibility and easy access from all parts of the city. The project is also bordered by Stadium Trace Parkway and integrates seamlessly with the existing area community. Improvements to Stadium Trace Parkway will benefit local residents — landscape designs will incorporate the planting of trees to create a new canopy while sheltering sidewalks and paths connecting Stadium Trace Village to the overall community.
William Kadish’s Latest Project Keeps in Step with Development Trends
Village Green will be a family-oriented arts and entertainment lifestyle venue, located in the City of Hoover’s first official entertainment district. The design is driven by the mission to create a thriving hub for arts and culture within the already vibrant commercial development at Stadium Trace Village. Village Green will combine an amphitheater stage, a large multi-purpose pavilion, a multi-use bar, an outdoor recreation area, and a spacious green lawn into a single interactive environment that promotes art, culture, sustainability, education, and community. Village Green is designed as a community-centric space with the ability to hold larger ticketed events periodically.
Village Green consists of amphitheater seating around a 10,000-square-foot public area with a synthetic turf lawn. A pedestrian street flanks Village Green to the north which provides dedicated foot traffic access to the site. On the southern portion of the lawn sits a 40-ft by 32-ft covered stage, including 800-square-feet of stage support space with a large green room for entertainers.
A 900-square-foot bar with a 500-square-foot covered seating area lines the stage to the west. This multi-purpose, full-service bar will have a warming kitchen for food and beverage needs. A 500-square-foot covered tent area is provided for private rentals or VIP ticketing during major concert events. Tucked away between the bar and stage is a 1,400-square-foot secure play area for children to enjoy which includes play mounds, a crawling tunnel, a slide, musical themed playscapes, and an interactive art wall. Additionally, additional parking will be available in the area for Village Green patrons.
Choosing what was best for the community, Kadish worked with ConAgra to purchase the facility they called home in Archbold, Ohio, keeping 350 jobs in the community and making way for plans to expand.
Keeping the Sherwin-Williams distribution center in Effingham, Illinois, was a top priority for city and state economic development officials. William Kadish was central to the negotiations that achieved their goal.
The beautiful headquarters with an award-winning design was vacated during a liquidation. Instead of subdividing for smaller tenants and damaging the intent of the original design, the owners waited for and found an ideal solution.
A former 50-year-old retail store was demolished to make room for a new Car Max showroom, thanks to a flexible real estate deal focused on the community’s best interest.
About William Kadish
William Kadish serves as Director of Commercial Real Estate Development and Disposition for Lawrence Kadish Real Estate, a New York-based firm. He has thirty years of real estate experience.
Among his roles, Kadish has conducted nationwide development leasing and sales for retail and other commercial operators. New development and rehabilitative commercial property projects under his direction span the entire country with more recent focus on Arkansas, Florida, Illinois, New York, Pennsylvania, and now Alabama.
He’s worked with recognized national retail companies like Wal-Mart, CVS, and Sherwin Williams as well as regional grocery, restaurants and single tenant medical.
He serves as Director for Commercial Real Estate Development for Financial Professionals of New York, which is 2,000 member professional organization. He is a former committeeman of the Nassau County, New York, Republican Party, and is a graduate of Nova Southeastern with a degree in Business Administration and received a Juris Doctorate from Shepard Broad Law School.
The latest project, dubbed Stadium Trace Village, by Broad Metro LLC is in the “AAA bond rated” Hoover, Alabama. It is a culmination of his team’s expansive experience and commitment to bettering the surrounding community. In addition to infrastructure and traffic improvements, the mixed use development in Hoover, AL goes beyond “big box” retail stores with its inclusion of a world-renowned medical facility, organic grocer, and full-service hotel - as well as experiential shopping that blends recognizable upscale brands with local eateries and neighborhood shops. For more information, visit https://broadmetro.com.