Daniel Building
In 1993, Compass Bancshares bought the building from Daniel Corporation. After completing an extensive renovation, Compass moved its corporate headquarters into the building from its old headquarters, which had been sold to the University of Alabama at Birmingham (UAB) for expanded administrative offices. The building continues to serve as corporate office space for PNC Financial Services.
It is the tallest building in downtown Birmingham outside of the Central Business District.
On July 5, 2010, a two-alarm electrical fire broke out in the basement of the Daniel Building. There was severe damage to the basement, with water damage to the first floor and smoke damage extending several floors into the building. Employees were relocated to other facilities while the building was repaired.
On September 6, 2023, it was announced that UAB Medicine Enterprise had acquired the building for $16 million.
See also
References
- ^ "UAB purchases two Birmingham properties for $17M". Yellow Hammer. Retrieved 2023-09-19.