The Waites Apartments Now Pre-Leasing For June 1 Move In

Birmingham’s newest, upscale apartment development boasts luxurious amenities and on-site trendy dining options within walking distance of UAB and downtown’s medical and central business districts.

The Waites Apartments, Birmingham’s newest residential and mixed-use development located at the corner of Seventh Avenue South and 21st Street South, is pleased to announce it is now pre-leasing its luxury apartments situated just steps away from The University of Alabama at Birmingham (UAB) and central business district of downtown Birmingham. With the first residents scheduled to move in Thursday, June 1, 2017, floor plans include one and two-bedroom apartments ranging from 712 to 1,120 square feet, all equipped with upscale amenities and airy, open-concept living spaces. The development’s model unit is slated to open for tours starting Wednesday, March 15.

“We’re excited to begin pre-leasing the 45 units of The Waites,” says Lauren Watts, property manager. “The prime location of The Waites makes it an ideal residence for anyone looking to relocate downtown or for students, residents, interns, physicians, professors and young professionals attending, working or living near UAB. We encourage anyone looking for a new home to stop by and see all that The Waites has to offer.”

Luxury apartment amenities include:

  • Keyless entry systems
  • Full-sized washer and dryer in every unit
  • Private balconies with bike racks and city views
  • Natural, wood-style flooring
  • Chef-inspired kitchens with burner gas ranges or induction ranges
  • Oversized gourmet kitchen islands with granite countertops
  • Stainless-steel, energy-efficient appliances
  • 10-foot ceilings
  • Custom wood cabinetry with built-in wine rack
  • Walk-in closets
  • Smart thermostats
  • USB charging outlets
  • Wall-mounted 55-inch TVs in living space
  • Walk-in showers with rainfall and handheld shower heads
  • Zyp Bikeshare Station less than one block away

The Waites development is just steps away from UAB and the central business district of downtown Birmingham. The development provides several community amenities, including: elevator access to floors, pet-friendly residences, 24-hour parcel concierge system, 24-hour fitness center, study/conference room and multi-level private parking. Monthly rental rates range from $1,375 to $1,800 and include pest control, trash, water/sewer and natural gas services. Cable and internet are also included in the rental rate until Jan. 1, 2018. Thereafter, a utility fee of $99 per month will be added to the rental fee.

Named after the former Waites Bakery, The Waites also features more than 16,000 square feet of ground floor retail space with onsite tenants including Taco Mama, Farm Burger, Smoothie King and Roll Up, a sushi concept. Parking for retail tenants and residents will be in the rear of the property.

“The Waites Bakery was an iconic Birmingham establishment, along with its building,” says Rodney Barstein, chief development officer for Retail Specialists. “When we acquired this property, we knew we had to use pieces of the original limestone from the building and incorporate it into the new building, and that’s exactly what we did. We are excited about showcasing this piece of history and opening the leasing to future residents.”

To pay homage to the history of the site, development company Retail Specialists and Williams Blackstock Architects incorporated pieces of limestone from the former building to be included in the façade. Cooper Construction began demolition of the former site April 2016, with construction of the new building starting June 2016.

For more information about The Waites or to inquire about pre-leasing, please visit www.thewaitesbham.com or call 205-533-3072. For more information or media inquiries, please contact Katie Beck at 205-503-5927 or kbeck@styleadvertising.com.

About The Waites Apartments

Located in the heart of Birmingham, The Waites promises upscale apartment living and trendy dining – all within a 5-minute walk of the University of Alabama at Birmingham and UAB Hospital. Named after the former Waites Bakery, The Waites features 45 upscale one and two-bedroom apartments with luxurious amenities and airy, open living spaces. The Waites is owned by Retail Specialists and managed by J.H. Berry. For more information on The Waites Apartments, please visit www.thewaitesbham.com or call 205-533-3072.

Game-changers: 40 projects transforming Birmingham

The project: The Waites

Why it matters: The project will add both apartments and several new restaurants, including Farm Burger, Taco Mama, Roll Up, Smoothie King and Blaze Pizza, to Southside.

Where it stands: This mixed-use development recently topped out on Seventh Avenue South and Richard Arrington. On schedule to open May 2017.

Key players: Retail Specialists – Developer

The Waites project bodes well for Birmingham’s retail revival

Construction work has begun at The Waites, a $16.5 million mixed-use development at the corner of Seventh Avenue South and Richard Arrington Boulevard on Birmingham’s Southside. The 16,000 square feet of ground floor retail space is expected to open in the spring of 2017, and 45 apartment units to be built on the second through fourth floors will be available in May 2017.

As we recently reported, future tenants Farm Burger, Blaze Pizza and Smoothie King have been confirmed for retail space at the property. According to information from developer Retail Specialists, there is one space that is currently in the middle of letter of intent negotiations and at least one other that is still available for lease.

The Waites was formerly billed as a $13 million development called Central City when it was announced in 2015. Retail Specialists decided to change the name to pay homage to the building’s history as Waites Bakery. “It would be great if we could get a bakery to join The Waites as a new retail tenant to keep the continuity going,” said Rodney Barstein, executive vice president at Retail Specialists. He also said work is underway to restore as much of the original limestone as possible.

The surge of retailers for the new property shows just how far Birmingham has come in the retail world over the past five years. Just a few years ago, many retail projects faced on a uphill battle to score tenants. But things have changed, thanks to projects like Railroad Park, Regions Field and nearby mixed-use project 20 Midtown, which is bringing Publix to the city center. Those developments have more retailers signing on for the city center. But, The Waites is also one of several projects slated to bring multifamily residential units to Birmingham’s downtown/Southside submarket, which experts have said will meet the growing demand for in-town living.

Retail Specialists said the apartment units will have features often found in upscale hotels and apartments as well as the latest technology. “These apartments are perfect for visiting professors, researchers or anyone moving to Birmingham ahead of their family,” Mayor William Bell said, at the groundbreaking April 27. “We are excited to have this great development started in the city of Birmingham. We look forward to its start, completion and opening in the near future.”

Bell said it was the fourth groundbreaking he had attended on Wednesday, and that served as a testament to the city’s resurgence. Cooper Construction, Williams Blackstock Architects, and Schoel Engineering are working on the project. ServisFirst Bank is financing it. Golden Bell Capital provided financial assistance and Bhate Geosciences has provided due diligence testing and abatement. Brent Godwin is the commercial real estate reporter for the Birmingham Business Journal. Click here to follow him on Twitter.

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