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Renters

Development Spotlight: Cathedral Place, Mobile

June 06, 2024

Alco Management, Inc. held an Open House and Ribbon Cutting ceremony for residents, local dignitaries, and officials involved in the public-private redevelopment of Cathedral Place Apartments in downtown Mobile, AL. Cathedral Place includes 190 apartments for eligible residents of Mobile aged 62 and older. The residents will enjoy upgraded apartments with new kitchens, bathrooms, and flooring. The building’s amenities include a fitness center, a 12th-floor community room with views of Mobile, a large community room on the first floor, a business center, transportation to local amenities and services, and wireless internet throughout the property. AHFA allocated $1,389,946 in Housing Credits and $15,999,990 in Multifamily Tax-Exempt Bonds to help this project come to life.