Carillon Oaks recently held a groundbreaking ceremony that was attended by Mobile Mayor Sandy Stimpson and Mobile County Commissioner Jerry Carl, among other local dignitaries.
The 6-acre site is situated at 5461 Kooiman Road and touted as a one-story, 39,000-square-foot, best-in-class, memory-care facility, soon to be available for a purportedly underserved part of the area.
“There will be nothing like this located south of Cottage Hill Road and serving the West Mobile community,” Jerry Lathan, CEO of The Lathan Company, and general contractor on the project, said.
The property is currently 75 percent complete and has generated around 30 temporary jobs during build out. Timeline horizon for completion is set for the end of this year and the facility should be move-in ready by early 2020.
New hire needs for Carillon Oaks is anticipated to be around 40, in such areas as nursing, physical therapy, occupational therapy, caregiving and grounds maintenance. Capital outlay was $7 million for the care center and it will hold 37 apartments and 48 beds upon opening.
“This property will be set up as a Specialty Care Assisted Living Facility. It requires specific licensing and clearance from state regulators to qualify. There will also be a courtyard in the middle of the facility for visitation, when families come to see loved ones. Having a family member with dementia, I took a special interest in this facility,” Lathan said.
Business moves, transactions
The Stringfellow Agency, a new Farmers Insurance office located at 2316 Knollwood Drive, Suite A, recently held a grand opening in West Mobile. The 1,500-square-foot office space has two employees with plans to hire three more by the end of this year. Local owner Erica Stringfellow acquired the personal- and commercial-line agency in March of this year.
Alabama Pecan Development recently sold some 58.9 acres near the intersection of Airport Boulevard and Repoll Road in West Mobile for $1,089,650 to DR Horton for a single family-residential subdivision site. Alabama Pecan Development has an additional 2,500 acres available on the market for sale, according to Allan Cameron with NAI Mobile, who worked for the sellers in the transaction.
Danna Saia and Courtney Cathers, co-owners and brokers of Serenity Investment Properties, recently held a grand opening at their new, 1,100-square-foot office space located at 22787 Hwy 59 South, Suite A, in Robertsdale. The local business specializes in residential and investment real estate properties as well as vacation rental placements during the year.
William Peebles and Tommy Gleason with NAI Mobile recently reported the completion of a transaction they handled for locally owned Hackbarth Delivery Services. The company acquired a 10,000-square-foot, bank-owned property, sitting on a 1.44-acre plot and located at 3200 Executive Park Circle, in Mobile, for $600,000.
A 3,600-square-foot former restaurant building, located at 12953 Wintzell Ave., in Bayou La Batre, recently sold for $255,000. Expectations are for the new owners to reopen with a seafood-themed space inside the former barbeque joint. John Delchamps with Merrill P. Thomas Co. handled both sides of the transaction.
A 16,000-square-foot Greer’s grocery store located at 670 S. Broad St., recently had a Mobile Area Chamber ribbon cutting, celebrating a new facelift and upgrades.
“We’ve installed all new flooring, new LED overhead lights, all new equipment, glass doors and upgraded the parking lot,” Chairman Robert Greer said.
Cameron Weavil, vice-president of The Weavil Company, reported the lease of some 1,875 square feet of floor space located at 2066 S. McKenzie St., inside the Gallery Fifty-Nine strip shopping center in Foley, by CBD oil retailer Tree of Life Wellness.
M&M Bank taps new chief executive
Royce Cumbest, Chairman of the Board of Directors of Merchants & Marine Bank, a wholly owned subsidiary of Merchants & Marine Bancorp (OTCQX: “MNMB”), recently announced the promotion of Clayton Legear to CEO. Legear succeeds Cumbest as the bank’s chief executive. Cumbest will continue to serve as the bank’s Chairman of the Board and will remain an active part of M&M Bank’s executive leadership team.
Legear has been with M&M Bank for eight years and has served in several senior leadership roles with increasing responsibility along the way. Prior to joining the bank, Legear served as a Financial Institution Examiner for the Federal Deposit Insurance Corporation (FDIC).
He earned his undergraduate degree at Troy University and is an alumnus of the Graduate School of Banking at LSU. Legear was also recently recognized as one of the Top 10 Leaders Under 40 by the Mississippi Gulf Coast Chamber of Commerce.
Established in 1932, M&M Bank is a Mississippi-based bank holding company. To date, it has $600 million in assets and 13 locations, with local branches in Daphne and Fairhope and the rest spread throughout Jackson and George counties in Mississippi.
Renasant names new market president in Baldwin County
Poenta Luckie has joined Renasant Bank as its new Baldwin County market president, according to a news release. Luckie most recently was a senior banker in Baldwin County working with businesses and individuals on financial products and services.
Luckie was Baldwin County market president with Community Bancshares since November 2008 and, before that was vice president with SouthTrust Bank from 1989 to 1999. Luckie earned her bachelor of science degree in accounting from Auburn University.
Renasant has about $12.9 billion in assets and operates more than 190 banking, mortgage, financial services and insurance offices throughout the southeast.
Donaldson joins South Alabama BBB
Monde Donaldson has joined the staff of the local Better Business Bureau office serving Central and South Alabama as vice president for education and development at 150 Government St., Suite 1004, in downtown Mobile. She will be responsible for fundraising and developing educational programs in the 50-county BBB service area.
Donaldson comes to BBB after having spent over a decade at Spring Hill College as director of alumni affairs and senior gifts officer. She graduated from The University of Alabama with a bachelor of arts degree in journalism and, early in her career, worked at the Mobile Press-Register, Pensacola News Journal and The Anniston Star.
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