AL.com reports Birmingham general contractor Capstone Building Corp. has working with The Dawson Company to build a $61.31 million luxury apartment and townhome project in Pensacola.
A project, Evolve Townhomes and Lofts, will be located at 3811 W. Nine Mile Rd and is expected to be completed by June 2014.
The 362,000-square-foot development will encompass 318 units, with 1, 2, 3 and 4-bedroom units and a combination of luxury apartments and townhomes. The project will have a total of 591 beds, 540 baths and 210 half-baths.