Skip to main content


One Highland Place Renovations Bring New Life to Highland Avenue Professional District

One Highland Place

StoneRiver Company, a vertically integrated multifamily real estate investment firm, acquired the One Highland Place building in December 2019 and has since completed an entire exterior and interior renovation. One Highland Place includes 54,435 rentable feet of office space, located on the Southside of Birmingham within the Highland Professional District.

Developed in 1961, One Highland was the former home for the Gulf Oil Company’s local offices. When first built, the building sat above a ground-level parking lot. In 1990, the building was first renovated to include a red brick façade, with new offices added on the ground floor where parking once was. Since its acquisition, StoneRiver’s in-house construction management team worked with Williams Blackstock and Rives Construction to update the front exterior entrance and reworked the rear walkways to achieve a more inviting and functional common space for the building and plentiful on-site parking. Interior renovations include wood veneer wall panels, porcelain tiled floors, and complete suite renovations. The building houses a professional tenant mix, including StoneRiver Company and StoneRiver Property Management, Sterling Capital, and Fenwick Brands.




Located off Highway 31, the property’s walkable amenities and neighboring professional offices were at the forefront of the StoneRiver team’s decision to relocate the company’s headquarters.

StoneRiver Company has partnered with J.H. Berry, a Birmingham-based commercial real estate firm, on the lease-up of this redevelopment. Office space and leasing options are available via Philip Currie at J.H. Berry.

“We are pleased to work with Stone River on the leasing at the newly renovated One Highland,” said Philip Currie, President of J.H. Berry. “We have spaces available of varying sizes, and it will be a great fit for companies looking for professional, Class A finishes and free on-site parking. The development activity happening on Highland Avenue and the surrounding area is exciting to see, and it will have a positive impact on the neighborhood for years to come.”


About StoneRiver Company

StoneRiver Company is a vertically integrated investment firm that acquires, develops, and manages multifamily real estate in the Southeast. Its in-house property management division manages its entire portfolio and drives value through a hands-on approach of operating communities from an owner’s perspective. Founded in 1995, StoneRiver has acquired, developed, or invested in apartment communities across 10 states in the Southeast.


Vital at Springbrook Farm, a 300-unit Multifamily Community Breaks Ground in Alcoa, Tennessee

Vital at Springbrook

StoneRiver Company, a vertically integrated investment firm that acquires, develops, and manages multifamily real estate in the Southeast, broke ground on a multifamily development, Vital at Springbrook Farm, located in Alcoa, Tennessee. The development is a joint venture by StoneRiver Company and Bluedog Capital Partners. The team anticipates the project to be completed in 2023. StoneRiver Property Management, the company’s in-house property management division, will manage Vital at Springbrook lease-up and day-to-day management of the property. The group hopes to begin pre-leasing units by Fall 2022.

“As Alcoa goes, so goes Blount County,” Blount County Mayor Ed Mitchell said. “We don’t ever want to forget that. What makes all of this work is all of us working together and having the same goals and the same objectives.”

“With direct access to the airport, proximity to downtown Knoxville, and the best schools in the state, the decision was an easy one to create an exciting multifamily community to accommodate the growth in Blount County,” says StoneRiver Company President Joseph Welden.

“The pandemic has shed new light on the definition of a home,” said Sarah Harris, Director of Acquisitions and Investments for BlueDog. “Historically, it was thought to be a place for family and gathering. A place where you spend evenings and weekends. Now, it has become so much more – your office while Americans work from home, your fitness center, your restaurant, your place to shop – your shelter, your community.”

Bluedog Capital Partners and StoneRiver Company have set out to create a lifestyle community that will provide a place where residents can live, grow, and prosper. Vital at Springbrook’s amenities will include a resort-style clubhouse, state-of-the-art fitness center, luxury swimming pool with a summer kitchen, outdoor courtyard, and social spaces. All residences will have chef-style kitchens, family-style patios, and personal office space –creating the complete package that the residents of Blount County deserve.

This newly developed, multifamily community will offer studios, one- and two-bedroom options that will accommodate individuals, families, and even your fur babies.  This community will be part of a much larger plan for Springbrook Farm. Fairfield Inn and Suites and Food City are already established as wonderful neighbors. Plans hold for restaurants, retail, bike paths, open spaces, and the newest destination for bourbon whiskey and other spirits at Company Distilling – all located within Springbrook Farm, all within walking distance for residents.