Source: BIRMINGHAM BUSINESS JOURNAL

Watts Realty: Watts Realty to invest around $15 million into Flats on Fourth

Watts Realty Co. plans to invest around $15 million into its Parkside apartment development Flats on Fourth. Chip Watts, president of the firm that announced plans to develop the five-story, 86-unit apartment, confirmed the investment amount during an interview with the BBJ and said site demolition on the project should begin next month. "It just made sense," Watts said on reviving plans to develop the site. "We figured with this smaller product, we could come in and gear ours toward an older generational...

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Est. Annual Revenue
$25-100M
Est. Employees
25-100
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