The Birmingham Inclusive Growth Fund

 

The Birmingham Inclusive Growth (BIG) Fund is designed to produce tangible returns to investors and enhance the quality of life of our residents by leveraging Birmingham's 24 Opportunity Zones.

 

A Public-Private Partnership

privately-led

We recognize that to ensure tangible returns, the BIG Fund requires private governance and autonomy. Led by experienced institutional investors, our Investment Advisory Board will focus on identifying leads, assessing projects, fundraising, and managing portfolio risk.

city-inspired

The City of Birmingham is uniquely suited to convene key stakeholders and facilitate the relationship between the private and civic sectors. We bring a competitive advantage to investors, using our broad knowledge-base and diverse constellation of resources to accelerate projects & generate quick returns.

community-focused

Our Citizens Investment Board ensures that we produce inclusive growth for all community residents. Made up of local civic leaders, this Board will perform community engagement, communicate the BIG Fund’s broad goals and specific projects, and ensure that community priorities are addressed.


Key Investment Opportunities

come see what we’re working on

Civil rights district

As one of his last acts as President, Barrack Obama, designated four national monuments in Birmingham's Civil Rights District. On the sacred land where Fred Shuttlesworth fought injustice from the pulpit and Dr. King outlined a vision for unity from his jail cell, we're now developing a district that pays homage to the past while looking toward the future.

What should this one be?

Invigorating Stuff

shuttlesworth airport

Located only five miles from downtown Birmingham, the Shuttlesworth International Airport is one of the only Southeastern airports in an Opportunity Zone. There are currently 440 acres of land ready to be developed.


Why Birmingham?

Birmingham is ready to grow your investment

Nestled at the foothills of the Appalachian Mountains at the cross-section of two major railroads, Birmingham constitutes 31% of Alabama's GDP, 20% of statewide new job announcements and 25% of statewide capital investment.

At the height of the nation’s manufacturing age, the city grew so fast in population, it was called the “Magic City.” Today, Birmingham has transformed itself into a medical research, banking and service-based economy, making it one of the nation’s most livable cities with a vibrant downtown, a burgeoning loft community, a world-class culinary scene and more green space per capita than any other city in the nation. We're ready to grow your investment.

Low Cost, High Reward

Look UP

Momentum in the Magic City

Birmingham has experienced an economic renaissance in recent years. Our City was designated as both a "Smart City" and a "Rise of the Rest City" due to the momentum in our innovation space. In 2016, the University of Alabama at Birmingham (UAB) generated $538M in biotech and health-related research funding, supporting 64,292 jobs and generating a $7.15 billion economic impact. Birmingham is home to the Innovation Depot, the largest tech incubator in the Southeast, housing over 100 local startups. Our home-grown startup Shipt, acquired by Target for $550 million in 2017, is in the process of creating over 881 jobs.

Location, Location, Location

Birmingham is connected to five interstates—I-65, I-59, I-459, I-20, and I-22 -- provides direct connection to a majority of the country. Nearly 40% of the U.S. population is within a one-day truck trip from Birmingham; this figure jumps to over 75% within a two-day trip. Only 25 miles outside downtown, Port Birmingham offers accessibility to global customers via the Gulf of Mexico. This inland waterway port has the capacity to store 40 river barges (or 600 rail cars) at any given time and connects to three Class I railroads: Norfolk Southern, CSX Transportation, and BNSF Railway. These and other railways extend Birmingham’s reach to over 50% of American households within a three-day rail trip.