Mobile Aeroplex

Serra, together with partner Community Development Group (CDG), was engaged by the City of Mobile, Alabama, to create a master plan for a 300-acre tract that integrates the Brookley Aeroplex into the adjacent neighborhood and regional economy. This development is an unprecedented economic expansion for Southern Alabama, a region that accounts for 25% of the total state GDP.

Serra’s capital access, investment management experience and development and masterplanning expertise enhanced CDG’s local relationships to create a comprehensive plan for this critical area. 

The plan will convert obsolete facilities and parcels into mixed-use planned development that combines manufacturing, distribution and residential development. The aesthetically pleasing project is expected to stimulate the Mobile economy, improve urban form, enhance the tax base and address critical workforce housing needs.