The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-05-21
LARGE BUILDING
WILL Be ERECTED
Five Story Structure on CaId-
well Hotel Site
10 COST ABOUT $4,000
Lease for a Number of Years Signed
BY eO0dalI, Brown & Co., Whole
sale Dry coods-Real
Estate Market.

The Caldwell Real Estate and Invest
ment company will shortly commence
work on the construction Of a handsome
brick building five stories nigh, including
basement on the site of the Caldwell
hotel, which was burned in 1903 The new
building is for the use of, Goodan, Brown
Co., wholesale dry goods merchants.
The structure will cost somewhere in the
neighborhood of $4,000 and will be ready
for oeeupany early next spring.
The exact site for the new building is
on the northeast corner of Twenty7second
street and First avenue. The building
will be of mill construction. and will be
modern in every detail, having a sprink-
ling system for fire protection This mill
construction will give the company a re-
duction of at least 80 per cent In its in
surance rates.
The building will have frontage of
100 feet on First avenue, extending back
along Twenty-seeond street 40 feet. The
basement will be used for open stock and
for packing and billing The main offices
of the company will be located on the
first floor. The entire building will be oc-
eupied by the company, which is one of
the largest dry goods concerns in the
south.
Rapid Growth.
Goodall Brown & Co. have been in BUSH
ness in Birmingham for nearly five years.
Their business has grown rapidly from
the start, and is being pushed now with
more energy than ever. The building
which they occupy at present, 50x140 feet,
is in adequate for the demands of their
expanding trade The company has a
warehouse on Morris avenue and Twenty
second street and a warehouse on Avenue
B and Twenty-second street.
Building circles in Birmingham continue
ments called for in permits issued this
month from the office of Building Inspec-
tor John L. Lind will reach several hun
dred thousand dollars.
Although several deals for improve
ments have been consummated during the
past week, taking 1t as whole the real
estate amarket in Birmingham has not
been quite so active as it was few
weeks ago.
Ldi JS 0Odlo nc POi hCds
One of the largest deals reported for the
week is the one which is said to have
been closed by which Mrs. Il. T. Bragg of
Montgomery, becomes the owner of the
four-story brick building located on the
northwest corner of Second avenue and
Twenty-hrst street and known as the
Wilson building. 1t is said that the own
ers, Alex T. London and David Roberts,
sold the building through the Messer-
Moore Real Estate and Insurance COM
pany. The consideration is said to have
been 100000, which is considered a good
price for the property.
Real estate agents report that residence
property has been in better demand this
spring than for several years past. This
class of property is bringing a good price
and improvements are being made almost
as rapidly as deals are consummated.
The month of June promises to D. an
active one in the Birmingham real estate
lines In this city. Several deals are now
under consideration and the indications
are that they will be closed the latter
part of May or early next month. The
announcement made Friday by w. B.
I.eedy e. Co.. that the new Hotel Torrey
located on the corner of Eighteenth street
and Second avenue, had been leased, has
given an impetus already to the mar
ket for real estate in that section of
the city. The new hotel will open on Au-
gust Is.