Pepper Place Pitch Book

Page 1


COME SEE WHAT WE’RE MADE OF.

INCORPORATED IN 1871 + POPULATION GREW BY 748% BETWEEN 1880 AND 1890

1.1 MILLION POPULATION* + 3.6 MILLION ANNUAL VISITORS** + $2.2 BILLION

+ ONLY PLACE IN THE WORLD WITH ALL THE INGREDIENTS FOR MAKING STEEL.

BILLION SPENT ON FOOD, SHOPPING, RECREATION AND ENTERTAINMENT**

*Source: ESRI, 2020 Census.

**Source: CVB

WE’RE HERE FOR A REASON.
PEPPER PLACE ISN’T HERE BECAUSE WE WANTED PEOPLE TO COME TO BIRMINGHAM TO SHOP. IT’S HERE BECAUSE WE WANTED TO PRESERVE THE WILD,

RURAL PARTS OF ALABAMA.

When we began this project in the late-1980’s, suburbs, strip malls, and four-lane highways were spreading across what had been pristine Alabama forests and farmlands and showing no sign of slowing down. How could we preserve that land for the future? The answer seemed to be getting people back into our city.

We started redeveloping Pepper Place in 1988 to spur new growth in a Birmingham that hadn’t seen a lot of love for several decades. We started with a few blocks of abandoned warehouses and turned them into more than 475,000 square feet of retail, restaurant, office, showroom and workshop space, and a renowned farmers market.

“A POTENT SYMBOL OF THIS ‘NEW’ BIRMINGHAM IS PEPPER PLACE, A COMPLEX OF RENOVATED CENTURY-OLD BRICK BUILDINGS, INCLUDING A FORMER DR. PEPPER BOTTLING PLANT.”

HIGH LIFE MAGAZINE, BRITISH AIRWAYS

WHY PEPPER PLACE?

The growing demand for Dr Pepper syrup required new plants be established in the late 1920s – one in Dallas and a second for expansion East of the Mississippi River in Birmingham. Both were considered state-of-the-art at their time, and both were located on 2nd Avenues in their respective cities.

The Dr Pepper Building in Birmingham is a 3-story industrial building with a partial daylight basement. It was built as a syrup plant with an adjacent bottling facility. The Birmingham plant served all Dr Pepper’s distribution east of the Mississippi River. The plant remained in operation until 1982 when Buffalo Rock bought the rights to bottle and distribute Dr Pepper products in the Birmingham area, thus forcing its closure, but giving us our name.

Sacks of sugar wait to be made into syrup at the Dr. Pepper factory.

WE’RE IN A GOOD

PLACE.

“NEW HOTELS, INDEPENDENT SHOPPING, AN INTERNATIONAL AIRPORT, AND EXCEPTIONAL, EASILY ACCESSIBLE WILD SPACES MAKE ANY SEASON A GOOD SEASON FOR TRAVELING TO BIRMINGHAM.”

WE’RE EASY TO GET TO FROM THE MAJOR HIGHWAYS AND THE BIRMINGHAM-SHUTTLESWORTH
INTERNATIONAL AIRPORT, AND ONCE YOU’RE HERE IT’S EASY TO GET AROUND.

Neighbors to the historic Sloss Furnaces National Historic Landmark, Pepper Place is the link between the redevelopment of downtown Birmingham to the west and revitalization of the old “streetcar suburbs” of Avondale, Crestwood and Woodlawn.

• Ample complimentary parking lots and curbside parking are available throughout Pepper Place, as well as several bike racks.

• Expanded sidewalk and alley improvements make Pepper Place one of the most walkable areas of the city.

• Pepper Place connects directly to the Jones Valley Trail and the Rotary Trail, making it a connected part of Birmingham’s walking and biking network.

• In February of 2019, Pepper Place was designated as a Birmingham’s Entertainment District, allowing a more cohesive, inviting and active community to flourish.

3

MOUNTAIN BROOK

5

MAP OF BIRMINGHAM

1.1 POPULATION OF BIRMINGHAM

OUR CITY MILLION

4.6 ANNUAL VISITORS TO BIRMINGHAM MILLION

300,000+ ANNUAL PEPPER PLACE VISITORS * $2.2B spent by TOURISTS in BIRMINGHAM in the year 2021 * BILLION

*SOURCE: BIRMINGHAM CBV.

THE PREMIERE DESTINATION FOR AFFLUENT

NEIGHBORHOODS*

BIRMINGHAM IS COMPOSED OF 30+ MUNICIPALITIES, MANY OF WHICH ARE THE MOST AFFLUENT, ACTIVE AND EXCITING IN THE STATE.

MOUNTAIN BROOK

(2 TO 4 MILES)

34% OF HOUSEHOLDS HAVE $200,000+ INCOME

51% OF HOUSEHOLDS HAVE $130,000+ INCOME

ALABAMA’S WEALTHIEST COMMUNITY AND ESTIMATED 89TH WEALTHIEST COMMUNITY IN THE UNITED STATES.**

HOMEWOOD (2 TO 4 MILES)

5% OF HOUSEHOLDS HAVE $200,000+ INCOME HOOVER (6 TO 10 MILES)

26% OF HOUSEHOLDS HAVE $100,000+ INCOME

11% OF HOUSEHOLDS HAVE $200,000+ INCOME VESTAVIA HILLS (4 TO 7 MILES)

35% OF HOUSEHOLDS HAVE $100,000+ INCOME

5% OF HOUSEHOLDS HAVE 200,000+ INCOME

26% OF HOUSEHOLDS HAVE 100,000+ INCOME

*SOURCE: U.S. CENSUS BUREAU, CENSUS 2010. ESRI FORECASTS FOR 2015 AND 2020. **2008 RESEARCH COMPILED BY STEPHEN HIGLEY, PH.D

THE JONES VALLEY TRAIL CORRIDOR WHICH RUNS ADJACENT TO PEPPER PLACE, CONNECTS THE ENTIRE REGION BY FOOT AND BY BIKE.

JONES VALLEY TRAIL CORRIDOR

OUR COMMUNITY

BIRMINGHAM’S HISTORIC CORE

Our railroad corridor is Birmingham’s river of steel. From our earliest days, the tracks that bisect the city center provided a connectivity necessary for vibrancy and growth. Today, this historic east - west axis of Birmingham is again driving prosperity. The city, bounded on the west by Regions Field and the award-winning Railroad Park and on the east by the National Historic Landmark, Sloss Furnaces and Pepper Place, is alive. But not until the Birmingham Rotary Club made the investment to turn old, unused, sunken railroad tracks into a walkable, urban park, did the historic connection become complete again.

38% POPULATION INCREASE DOWNTOWN OVER THE LAST DECADE*

$1.3B

In 1988, Pepper Place was one of the first projects that sought to rehabilitate Birmingham’s downtown. Its success showed the possibilities of downtown redevelopment that continues today.*

ONE OF THE TOP 10 MID-SIZED AMERICAN CITIES OF THE FUTURE FDI MAGAZINE

$64 MILLION:

$70 MILLION:

$30 MILLION:

$2 MILLION:

$40 MILLION:

$59 MILLION:

$10 MILLION:

$4.5 MILLION:

$11 MILLION:

$30 MILLION:

$50 MILLION:

$10 MILLION:

$25 MILLION:

$39 MILLION:

$13 MILLION:

$3 MILLION:

* SOURCE: REV BIRMINGHAM

REGIONS FIELD

WESTIN HOTEL AND UPTOWN

LIV PARKSIDE

NEGRO SOUTHERN LEAGUE MUSEUM

METROPOLITAN APARTMENTS

PIZITZ BUILDING - MIXED USE

IRON CITY LOFTS

ROTARY PARK TRAIL

LYRIC THEATRE RESTORATION

INTERMODAL STATION

20 MIDTOWN

REDMONT HOTEL

RAILROAD PARK

VENUE AT THE BALLPARK

NEW IDEAL LOFTS

LAKEVIEW GREEN

MAKING OUR MARKET.

“THE ONLY SUSTAINABLE CITY IS A CITY IN BALANCE WITH ITS COUNTRYSIDE.”

- WENDELL BERRY

CONSERVING LAND ISN’T JUST ABOUT PROTECTING WHAT’S THERE; IT’S ABOUT FINDING WAYS FOR IT TO THRIVE.

Founded in 2000, The Market at Pepper Place connects small family farms with the consumers and restaurateurs of Birmingham. Our market vendors live and work in Alabama, within 200 miles of the Market. We see generations of family members working together, finding ways to maintain their small family farms while providing Birmingham with fresh, healthy food, and it all happens every Saturday, 7 am to noon, rain or shine.

What we started with seven tents in a small parking lot in the summer of 2000 has grown into an independent 501(c)3 organization with a community of over 200 vendors. Almost 100 of those vendors serve as many as 10,000 visitors most Saturdays and drawing patrons from all over the region. Economic impact studies have hailed the almost 200 jobs the Market has created and the $20 million dollars that are fed back into the local economy. We’ve been recognized by national publications like The New York Times and the Washington Post for our market, but no recognition is greater than the community that comes together every Saturday morning.

“PEOPLE ASKED ME TO GO OUT AND SELL MY BREAD, AND I JUST THOUGHT THERE WAS NO DEMAND FOR IT. THE FIRST TIME I WENT TO PEPPER PLACE

... I JUST COULDN’T BELIEVE HOW MUCH BREAD I SOLD. IT WAS CRAZY.”

–COREY HINKEL, MARKET VENDOR, HINKEL’S BAKERY

“THE MARKET [...] HAS DEVELOPED AN

ALMOST CULT-LIKE FOLLOWING AMONG LOVERS OF ALL THINGS LOCAL.”

- AUBREE ANDERSON STYLE BLUEPRINT

WE’LL CHEERS TO THAT.

“WE’RE GOING TO ALL BAND TOGETHER AS A COLLECTION OF BUSINESSES TO CREATE NEW AND DYNAMIC EVENTS.”

- CHRIS HASTINGS, JAMES BEARD AWARD-WINNING CHEF AND OWNER OF TWO PEPPER PLACE RESTAURANTS

A BIRMINGHAM ENTERTAINMENT DISTRICT

On February 22, 2019, Pepper Place became Birmingham’s second Entertainment District. This legal designation means that participating businesses with alcohol licenses can sell alcohol to be consumed off-premises within the boundaries of the district and within its hours of operation. What that means is that Pepper Place is a much more cohesive, inviting and active place for Birmingham to come together.

WHEN YOU LOOK AND SEE THE CROWD AND ATMOSPHERE AT PEPPER PLACE, ESPECIALLY ON THE WEEKENDS, HAVING THAT AS A DESIGNATED ENTERTAINMENT DISTRICT JUST MAKES COMMON SENSE. IT’S ABOUT IMPROVING THE EXPERIENCE. YOU CAN SHOP, WALK AROUND WITH A DRINK, LISTEN TO MUSIC AND JUST HAVE A GREAT TIME. WE BELIEVE IT WILL ADD TO INCREASED SALES REVENUES AT THE BUSINESSES WITHIN THE FOOTPRINT OF THIS DISTRICT.”

- COUNCILOR HUNTER WILLIAMS, CHAIR OF THE PUBLIC SAFETY COMMITTEE

WE WERE GREEN BEFORE IT WAS COOL.
FOR 25 YEARS WE’VE BEEN FOCUSED ON SUSTAINABILITY. AND WE’RE JUST GETTING STARTED.

With low-flow fixtures, motion-controlled LED lighting, reflective roofs, permeable pavers and recycled building materials, we’re continually looking for ways to make sure Pepper Place stands as an example of urban renewal and sustainable living.

When you walk around Pepper Place, you’ll notice several signs that point out various sustainable initiatives currently happening within the district. They’re small reminders of the steps we’re taking towards a more sustainable future.

SUSTAINABILITY IN ONE PLACE.

WHEN YOU’RE HERE, YOU’RE DOING GOOD. YOU CAN’T HELP IT. SUSTAINABILITY IS WOVEN INTO THE FABRIC OF PEPPER PLACE.

AUTOMATIC LIGHTS | YOU’LL REALLY LIGHT UP THE PLACE

When you walk into a room at Pepper Place you might notice the lights flash on. The automatic lighting systems found throughout Pepper Place ensure no photon is wasted lighting up an empty room. Also, it feels like a super power.

LOW-FLOW TOILETS | DO GOOD WORK!

Flushing at Pepper Place is 33% more efficient than at most other places. This is thanks to our low-flow toilets. If you’re like us, you don’t want to be a drain on the fresh water supply. Now you don’t have to lose it when you use it.

CFL/LED LIGHTING | THESE LITTLE LIGHTS OF OURS

We will spread the good word about the LED—the Light Emitting Diode. Its efficiency is unparalleled, its light is cool and bright, and it’s in almost every socket at Pepper Place. It’s a small improvement in becoming more energy efficient, but the devil’s in the details.

PERMEABLE PAVING | WALK ON HOLEY GROUND

Did you know Birmingham gets more water every year than Seattle? We want that water to return to the soil quickly and efficiently, so we incorporated permeable pavers into our landscape architecture.

LOW-VOC PAINT | TAKE A WHIFF OF THAT

Amidst the exotic aromas now entering your nose—the coffee and wood-fired pizzas, the rising bread and pungent rosemary—you will not catch a whiff of the low-VOC paint throughout the Martin Biscuit Building. Step inside for some fresh air.

SKYLIGHTS | SUNSHINE ON OUR SHOULDERS MAKES US HAPPY (IT’S SCIENTIFICALLY PROVEN)

Whenever we get a chance, we let a little sunshine in. You’ll notice skylights throughout Pepper Place, not just because natural light reduces energy use; it also lets in vitamin-D that helps build strong bones, improve moods and enhance daydreams.

REFLECTIVE ROOF | BEYOND THE PALE

You won’t see the mysterious, revolutionary, energy-efficient technology installed on the 6,000 square foot roof of the Pepper Place building, so you’ll have to take our word for it: It’s white.

That’s right. White roofing material reflects 90% of sunlight reducing heat, conserving power and lasting three times longer than the industry standard.

QUARTZ COUNTERTOPS | WE’RE VERY SUPERFICIAL

Quartz is the second most common mineral on earth. It’s so common, in fact, that when you’re in our restroom it’s right under your nose. These quartz countertops are naturally formed and sustainably sourced, their sealed surfaces don’t let bacteria in and they will last a really long time. That’s a counter you can count on.

WE KEEP GOOD COMPANY.

“YOU CAN USUALLY CATCH ME AT PEPPER PLACE, ONE OF THE CITY’S BIGGEST SUCCESS STORIES. THE COMMERCIAL REVITALIZATION PROJECT TRANSFORMED 350,000 SQUARE FEET [...] INTO A VIBRANT ENTERTAINMENT AND RETAIL DISTRICT.

- TARA MASSOULEH MCCAY TRAVEL AND CULTURE EDITOR, SOUTHERN LIVING

PEPPER PLACE IS HOME TO AN INCREDIBLY DIVERSE

MIX OF BIRMINGHAM EVENTS AND BUSINESSES.

Esteemed law offices are next door to an award-winning publication. Our homegrown coffee shop is across the street from a time-tested environmental advocacy group. A nationally-recognized fashion designer’s shop looks out onto a James Beard Award-winning restaurant and scattered throughout are some of the most interesting restaurants and design studios the city has to offer. All these shops come together to make something that is uniquely us: Pepper Place.

“THIS PLACE HAS A FIELD OF ENERGY THAT IS A PART OF EVERYTHING COMING TOGETHER.”

- CHRIS HASTINGS

JAMES BEARD AWARD-WINNING CHEF AND OWNER OF PEPPER PLACE’S OVENBIRD AND HOT & HOT FISH CLUB

WE CONNECT PEOPLE FROM ACROSS ALL OF BIRMINGHAM’S NEIGHBORHOODS.

DESIGN

OUR SMALL CORNER OF THE CITY HAS BECOME A CENTER OF UPSCALE INTERIOR DESIGN.

SHOPPING

FROM NATIONAL BRANDS TO LOCAL MAKERS, OUR TENANTS KEEP YOU LOOKING GOOD FROM HEAD TO TOE.

HEALTH & WELLNESS

WE’VE WORKED HARD TO MAKE SURE THERE’S SOMETHING FOR BODY, MIND AND SPIRIT HERE.

FOOD & DRINK

OUR CHEFS ARE CREATING A NEW SOUTHERN CUISINE THAT BLENDS THE WORLDLY WITH THE DOWN-HOME.

TO RAILRO AD PA RK
2 7OO BUILDING
FERG USON SH OW ROOM S SEN SA BAUGH BLDG
THE STUDIOS AT PEPPER PLACE
EPIC BLDG JENI’S ICE CREAM
FO OD & DRINK HEALTH & WELLNESS
FREE PA RKIN G

SLOSS FURNACES

NATL HI STO RIC LANDMAR K

TO BACK FO RT Y BREWERY @ SLOSS DOCK S

JONES VA L LEY TRAI L
TO AVON DA LE
DR PEPPER BLDG
MARTIN BISCUIT BLDG
MARTIN BISCUIT ANNE X
HOP CITY BLDG
THE SHED AT PEPPER PLACE
BLUEPRINT ON 3RD
SHOPS & SE RV ICES
CO
FEE

HOME IS WHERE THE PLACE IS.

AN INCOMPLETE LIST OF THE TENANTS WHO MAKE UP OUR COMMUNITY (UNTIL YOU JOIN US, THAT IS.)

FOOD & ENTERTAINMENT

BACK FORTY BEER COMPANY

BETTOLA

BLUEPRINT ON 3RD

BLUEROOT

HOT & HOT FISH CLUB

JENI’S SPLENDID ICE CREAM

THE LUMBAR OVENBIRD

THE RED CAT COFFEEHOUSE

THE SON OF A BUTCHER

MEDIA & COMMUNICATIONS

COUNTRY LIVING MAGAZINE

FRED

JP HOWARD PHOTOGRAPHY

PERITUS PUBLIC RELATIONS

VERANDA MAGAZINE

DESIGN

CAROLINE GIDIERE

INTERIOR DESIGN

FERGUSON

JAMES B. LAUGHLIN

ARCHITECTURAL DESIGN

HEATHER CHADDUCK

INTERIORS & TEXTILES

M. SHERRILL DESIGN

OFFICES

2B SOLUTIONS

BATTLE & WINN

CHAPEL STEEL

CRAWFORD SQUARE

EPIC

HIGHLINE REAL ESTATE

HOTTEL CAPITAL

ICARIO

IN8BIO

LAKEVIEW RISK PARTNERS

MOMENTUM LEADERSHIP

ONOVI

SOUTHERN ENVIRONMENTAL LAW CENTER

SHOPPING & RETAIL

BILLY REID

DESIGN SUPPLY

FARMSTAND BY STONE

HOLLOW FARMSTEAD FOUND

LILLIEKAT RUGS

LITTLE PROFESSOR

THE MARKET AT PEPPER PLACE

RICHARD TUBB INTERIORS

HEALTH & BEAUTY BODYROK

THE COLLECTIVE SALON IGNITE CYCLE

NOVA PHYSICAL THERAPY AND WELLNESS

ORTHOLOGIC

STEEL STRENGTH TRAINING

IN THE NEWS

A TRIP TO BIRMINGHAM ISN’T COMPLETE WITHOUT A TRIP TO PEPPER PLACE. AND

MAJOR MEDIA OUTLETS AGREE.

SPARKLING REVITALIZATION

PRESERVATION MAGAZINE

50 STATES IN 52 WEEKS: EAT AND DRINK THE WORLD IN ALABAMA’S PEPPER PLACE

HIGH LIFE, BRITISH AIRWAYS

AMERICA’S BEST FARMERS’ MARKETS

COOKING LIGHT , 2015; SOUTHERN LIVING

SHOP LOCAL

BIRMINGHAM HOME & GARDEN

PEPPER PLACE COVER STORY

B-METRO

OVENBIRD IN THE SOUTHERN AGENDA

GARDEN & GUN

10 THINGS I ATE ABOUT YOU: BIRMINGHAM

FOOD NETWORK BLOG

AN ACTUALLY USEFUL GUIDE TO BIRMINGHAM, AL

BON APPETIT

THE MAGIC CITY’S NEXT ACT GARDEN & GUN

MOST UNDER-RATED CITIES

CONDE NAST TRAVELER

THINGS TO DO IN BIRMINGHAM WASHINGTON POST

36 HOURS IN BIRMINGHAM, ALA.

NEW YORK TIMES

50 STATES: 50 FARMERS MARKETS

USA TODAY

ESCAPE FROM NEW YORK TIME OUT NEW YORK

SOUTHERN IS NOT A STYLE THE NEW YORK TIMES

HOW TO SPEND A DAY IN PEPPER PLACE

STYLE BLUEPRINT

CELEBRATING 20 YEARS OF THE MARKET AT PEPPER PLACE

BIRMINGHAM MAGAZINE

SLOSS REAL ESTATE HAS A VISION FOR THE FUTURE OF PEPPER PLACE, AND IT INCLUDES MORE OF

THE SAME.

BECOMING PART OF PEPPER PLACE ALLOWS OUR TENANTS TO SAY WHAT OTHER SMALL BUSINESSES CAN’T—THAT THEY’RE DEDICATED TO DOING BUSINESS SUSTAINABLY. THE STRIDES WE’VE MADE IN GREEN INITIATIVES BELONG TO EVERYONE AT PEPPER PLACE, AND SO WILL THE INNOVATIONS IN THE YEARS TO COME:

• Extensive outdoor spaces and gathering spots

• Directional wayfinding and signage to unify the Pepper Place experience

• Upgrades for green and sustainability features

• More than $2 million in grants and investments to enhance streetscapes and provide better connectivity to the Rotary Trail, Sloss Furnaces and the Jones Valley Trail Corridor

• Innovative architecture and landscape design

• Pioneering green development in Birmingham’s Lakeview District

• Spurring new local economic growth

• Collective marketing and event planning

COME SEE WHAT WE’RE MADE OF.

Sloss Real Estate has been building Birmingham since 1920. Now in our 4th generation of family leadership under Cathy Sloss Jones, we are committed to supporting walkable urban neighborhoods and sustainable places that build community across the Magic City.

PEPPERPLACE

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