Inverness
Birmingham, AL
In 1978 T&M began development of Inverness, a 1,650-acre master planned PUD in Birmingham, AL owned by MetLife. Over the next 25 years, T&M developed Inverness into the premier mixed-use project in Alabama:
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- Developed seven office buildings totaling 904,000 SF, including the 448,000 SF build-to-suit HQ campus for Southern Company Services; sold other office sites totaling 23 acres to corporate users.
- Developed two community shopping centers totaling 305,000 SF; marketed and sold other retail tracts totaling 45 acres to various developers and end-users, including The Home Depot.
- Developed 650 multi-family apartment units totaling 705,000 SF and five single-family residential subdivisions containing 326 lots; marketed and sold other residential land tracts totaling 169 acres to third-party residential developers.
- Ground leased or sold 14 outparcel sites for a variety of commercial uses including hotels, restaurants, banks and medical-office facilities.