The Edge Breaks Ground on New Facility
June 13, 2017
Local officials and community leaders gathered Monday to break ground for a new facility for The Edge, a partnership between the University of Alabama, the City of Tuscaloosa and the Chamber of Commerce of West Alabama that aids both start-ups and existing businesses in developing business skills and day-to-day operations.
Currently housed in space donated by Regions Bank in downtown Tuscaloosa, The Edge has quickly outgrown its facility, having mentored more than 300 businesses and served as working space for more than 75 emerging companies.
Now, the business incubator will have a new home at 2627 10th Avenue, the site of the former Armed Forces Reserve Center armory.
“This project is collaboration at its finest. It proves what can happen when The University of Alabama, City of Tuscaloosa and Chamber of Commerce of West Alabama work toward a shared goal,” said Jim Page, President and CEO, Chamber of Commerce of West Alabama.
This project is collaboration at its finest. - Jim Page, The Chamber
“The home of the new Edge is on property that was ground zero of the devastating tornado a little over 6 years ago. This project is yet another example of Tuscaloosa building back stronger, safer and smarter.”
“Many of us have long talked about the importance of diversifying our economic base in order to not only attract new residents, but also retain a larger percentage of college graduates. This new Edge facility will play a critical role in creating the entrepreneurial ecosystem that will do just that.”
The new 26,300-square-foot facility will cost a total $11,687,597.37. The Edge will have 25 offices, 100 workstations, training rooms and a working lounge.
Rendering of The Edge
“We are always grateful for opportunities to partner with our city and further our economic outreach to improve quality of life for citizens of West Alabama,” said Dr. Stuart Bell, President, the University of Alabama. “As the city’s largest employer, we recognize the significant impression we have on Tuscaloosa, and this comes with great responsibility. It’s part of our vision and mission at the Capstone to continue investing in our city and potential businesses, and helping to mature young and small businesses across the city, and through that, leading our city to a more prosperous future.
The Edge Center is a unique and strategic resource for businesses in our area. The University, through the Culverhouse College of Commerce, is proud to partner with the City and the Chamber in this endeavor, and we at the University are committed to its success.”