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First Tenant Announced in New Homewood Development

07.12.2021

The former Jim & Jim’s Auto Shop site, 1724 27th Court South, will soon be reinvigorated with a new facade and new tenants, starting with a brand-new Cahaba Cycles bicycle store and service center. Cahaba Cycles will be expanding their growing suite of Birmingham-area locations, relocating their Homewood store to 1724 27th Court South. Local commercial real estate firm Shannon Waltchack is leading the redevelopment with construction management by Capital Program Management, LLC (CPM). Cahaba Cycles owner Faris Malki and CPM’s Tim Coker are also partners/owners in the deal.

The new store will give Cahaba Cycles a fresh space to try new concepts and add to their customer experience. For example, Malki will be partnering with Domestique Coffee to launch a new breakfast/coffee bar concept in its new space to serve the Homewood community. With many active neighbors nearby, customers are invited to enjoy a quick coffee and/or breakfast after their workout, ride or run. In addition to the cycle shop and café, Malki’s new location will also feature a covered community space out front with benches and tables for gathering with friends in the neighborhood.

“We are excited to kick off the development of our new Homewood store. This new location will bring together the excellent service that our customers have grown to love and the opportunity to implement new ideas we’ve been cultivating through the years. We look forward to enhancing the cycling community in Homewood with great service, best in class product, top notch coffee, and craft brews on tap in the near future,” said Malki.

The redevelopment will have two remaining retail bays for lease after the relocation of the body shop. Jim & Jim’s is currently open and operational until they move later this year. The location has prime visibility at key intersection in Homewood, where Central Avenue and 18th Street South meet. The high traffic corner is across the street from the new Valley Hotel and Edgar’s Bakery. SW Broker Michael Murray, CCIM is currently seeking additional tenants to lease the remaining bays, 7,775 SF and 5,750 SF. The suites are fully customizable with options for tenants.

“SW is proud to have a well-known and respected Homewood-based retailer as a partner in this redevelopment effort. Cahaba Cycles is the flagship tenant we were looking for, with their established brand and strong following. We are excited about the potential for the remaining spaces,” said Murray.

Contact Murray at 205-382-1896 for more information about the available suites.

Shannon Waltchack has been successful in other nearby adaptive reuse projects in the past including Edgewood Service Station, Hollywood Blvd Retail, Railroad Square and The Stockyard @ Railroad Park.