Capri on Caldwell

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Rendering of the Capri on Caldwell

The Capri on Caldwell (also called Capri Condominiums) is an 8-story, 48-unit contemporary-style condominium tower constructed facing 27th Place South between Caldwell Avenue and Niazuma Avenue, near Highland Avenue in Birmingham's Southside.

The project sits on the former site of the Capri Apartments. The $40 million project was developed by Euro American Advisors of Tampa, Florida and constructed by B. L. Harbert International. Construction began in October 2005 and was completed in September 2007.

Units range from 1,100 to 3,300 square feet and have from 1 to 3 bedrooms. They were originially priced from the upper $400,000s to over $1.2 million. Each unit has a terrace equipped for a gas grill. A fitness center and club room give access to a communal terrace with a swimming pool.

The 8 floors of living space are built on top of a two-level secure parking garage, giving the building a total of 10 floors when viewed from Niazuma Avenue.

In February 2008 the limited partnership controlled by Euro American Advisors filed for Chapter 11 bankruptcy protection. Creditors included Red Mountain Bank and BLHI. In April, a settlement was reached and the tower is now owned by Capri Real Estate. Ingram and Associates was selected to market the remaining units and reported the sale of the last condominium in late 2008.


  • "Capri condo tower has new owner in bankruptcy pact, Red Mountain Bank says" (April 25, 2008) Birmingham News.
  • "Harbert completes Capri Condominiums" (January 9, 2008) Birmingham News.
  • Jarvis, Crystal (February 22, 2008) "Capri condo project files Chapter 11." Birmingham Business Journal
  • Tomberlin, Michael (January 6, 2009) "The last of 48 condos in Birmingham's embattled Capri condominium tower has been sold." Birmingham News

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