September 2022

Birmingham Business Journal: Capstone Building Corp. building luxury townhome development in Pensacola

Construction Equipment Guide: Alabama AGC Celebrates 2022 40 under 40 in Construction Winners Birmingham’s Capstone Building announces $61 million Pensacola townhome project

The Pulse Pensacola: Capstone Building Corp. Begins Construction On $61.31 Million Luxury Apartment and Townhome Development in  Pensacola, Florida

Capstone Building Corp. Begins Construction on $61.31 Million Luxury Apartment and Townhome Development in Pensacola, Florida

The LaGrange Daily News:  Construction Underway on West Point Village

Construction underway on West Point Village

Business Alabama: Capstone Building Corp. breaks ground on West Point Village

Capstone Building Corp. breaks ground on West Point Village

Huntsville Business Journal: Arcadia Breaks Ground in Cummings Research Park East
Yellowhammer: Capstone Building Corp. Breaks Ground on Georgia Development 

August 2022

Bama Buzz: 28 New Million-Dollar-Plus Construction Permits Approved in Alabama Construction beginning on $45.6 million Athens apartment development

Business Alabama: Capstone Building Corp. breaks ground on Gateway Village

July 2022

Huntsville Business Journal: Madison Senior Living Reaches Second Phase

Business Alabama: Capstone Building breaks ground on McAuley Station $10.5 million second phase of Madison senior development completed Capstone Building breaks ground on $35.4 million Atlanta project

Business Journals: Local firm breaks ground on $35.4M mixed-income residential project in Atlanta New $67 million Huntsville apartment complex opens

Business Alabama: Capstone Building Completes Anthem Apartments

May 2022 Capstone Building Corp. opens Huntsville office

Business Alabama: Capstone Building expands to Huntsville


Commercial Real Estate

Real estate roundup: News from The Sanders Trust, Capstone Building Corp., SRS Real Estate Partners, Marcus & Millichap

Business Alabama:

Capstone Building starts two projects in Tennessee

Capstone Building starts two projects in Tennessee

Work begins on $51.4 million Madison County apartment complex

Business Alabama:

Capstone Building breaks ground on $51.4 million development

Capstone Building breaks ground on $51.4 million development

February 2022

Capstone Building Corp. is proud to be at the Auburn Building Science Career Fair


Gardendale’s $30 million Easterwood Apartment Construction Complete

January 2022

Dobbins Group, Capstone Building Corp complete work on Gardendale apartment complex

November 2021

Birmingham Business Journal 2021 Top 40 Under 40: Joe May Jr. – Capstone Building Corp

April 2021

Recently Announced Projects

New Project: South City Phase IVMemphis, Tennessee

In March, Capstone Building Corp., serving as the general contractor for developer McCormack Baron Salazar, announced the start of Phase IV of their South City project, located in Memphis, TN. This redevelopment will consist of 15 buildings and 138 units, comprised of garden-style apartments and townhouses. The development will include contemporary finishes, open floor plans, Energy Star appliances, in-unit washers and dryers, and plenty of storage space. Construction on this new project is set to complete in mid-2022.





Recently Completed Projects

Completed Project: Herndon Square SeniorAtlanta, Georgia

Capstone Building Corp., serving as the general contractor for Hunt Companies & Oakwood Development Group, executed by Pennrose, LLC and the Atlanta Housing Authority, is proud to announce the completion of Herndon Square Senior in Atlanta, GA. This 97-unit, 101,0691 square-foot apartment complex is the first phase of the development and will offer seniors that are 62 and over an affordable and high-quality apartment community.



New Project: Gateway Pointe Phase IIWarner Robins, Georgia

Capstone Building Corp., along with developer Pennrose, LLC, recently began construction on Phase II of the Warner Robins Redevelopment Plan – Gateway Pointe in Warner Robins, Georgia. Gateway Pointe Phase II is a 96,356 square-foot, 90-unit, mixed-income apartment development. Phase II is set to complete in September 2021 and will include a community garden, wellness room, computer room, fitness room, and a community patio with a pavilion.



Projects in Progress

Project Progress: Wildwood ApartmentsBirmingham, Alabama

Capstone Building Corp., along with developer Dobbins Group, is thrilled with the progress being made at the Wildwood apartment project in Birmingham, AL. Exteriors on the project are nearing completion and interiors of the buildings are currently being finalized. Construction began on this 300,000 square-foot apartment complex in October 2019 and is set to complete in July 2021. When complete, the development will include 9 apartment buildings, 280-units, a clubhouse, fitness building, yoga studio, dog spa building, and 5 garage buildings.



Project Progress: Sur ClubSt. Petersburg, Florida

Capstone Building Corp., along with developer Phillips Development & Realty, LLC, is excited with the progress being made at the Sur Club project in St. Petersburg, FL. This luxury, apartment-style community is nearing completion, with interior finishes and landscaping well underway. Construction began on this development in October 2019 and is set to complete in August 2021.



Project Progress: Anthem Apartments & CottagesHuntsville, Alabama

Capstone Building Corp., serving as the general contractor for EYC Companies and The Kalikow Group, is pleased with the progress on the Anthem Apartments and Cottages development in Huntsville, AL. Buildings 1 – 5 are topped out with roofing complete. Vertical framing is in process on buildings 6 – 8. Construction began on this project in June 2020 and is set to complete in March 2020.

When complete, this 507,943 square-foot development will include 14 apartment buildings, 94 single-family cottages with standalone garages, a clubhouse, pavilion, two saltwater pools, multiple firepit terraces, a dog park, playground, herb garden, and a manicured lawn game area.


Project Progress: Alexandria ApartmentsHuntsville, Alabama

Capstone Building Corp., along with developer Bobo Family Group, is putting the final touches on the Alexandria Apartment project in Huntsville, AL. Exterior construction is nearing completion and interior work is in its final stages. Construction on this 338,792 square-foot project began in January 2020 and is set to complete in August 2021. Once complete, this complex will house 258-units with 5 garage buildings, a maintenance building, and a leasing office.



New Promotions

Capstone LogoIt is with great pleasure that we announce the following promotions that were effective on 4/7/2021.

Brandon Loyd is now a Vice President of Project Management. Brandon already had total responsibility for all aspects of the multiple projects that are assigned to him at any given time. His ability, performance and willingness to lead and be accountable has earned him this promotion. Brandon interned with CBC while attending Auburn University and earning his degree in Building Science. He has worked in every facet of our business and understands what we do as well as anyone could. He began his fulltime employment with CBC in December of 2001. After twenty years of loyal and outstanding service, this promotion is long overdue. Brandon is a Capstone Building Corp. stockholder, owner and partner. Most importantly, Brandon is a leader and a friend that can always be counted on.

Joe May is now a Vice President of Project Management. Joe, like Brandon, was already the single point of responsibility for the numerous projects that are assigned to him. He has excelled at every task that he has undertaken at CBC. He has embraced every responsibility we have assigned him and has asked for more. Joe interned at CBC while attending Auburn University and earning his degree in Building Science. He began fulltime employment in July of 2006. He has earned this promotion. Joe is a Capstone Building Corp. stockholder, owner and partner. Joe is also a leader and a friend that can always be counted on.

Joe and Brandon have each learned our business and earned their positions the right way. They have done every dirty job, worked long hard hours and been successful at every position they have held. All Capstone employees and stake holders should be very happy that we have people of Joe and Brandon’s caliber leading our company. Please join me in congratulating Brandon Loyd and Joe May in their promotions to Vice Presidents of Project management.


News Archive


November 2020 – Capstone Building Corp. begins $13.7 million Georgia project

Birmingham Business Journal – Capstone Building Corp. begins $13.7M rehab project

October 2020

Business Alabama – Capstone Starts Work on $13 Million Georgia Multi-Family Rehab Project

National Association of Minority Contractors (NAMC) – The Herndon Homes Project Team Wins Atlanta Hard Hat “Business Development Award”

Herndon Square Senior – Progress & collaboration video with partners Atlanta Housing and developer, Hunts & Oakwood Development executed through Pennrose, LLC

Huntsville Business Journal – Westward, Ho! Anthem Apartments and Cottages Join Growing Area of Huntsville 

September 2020

Birmingham Business Journal – Birmingham firms team up on $43M apartment community in New Orleans –  Capstone Building Corp. begins $67 million Huntsville apartment project

Business Alabama – Dobbins Group and Capstone Building Partner on Luxury Apartments 

Business New Orleans – Developers Complete ‘The Collins’ Apartments in Covington 

Rebusiness Online – Dobbins Group Completes $43M Apartment Complex Near New Orleans


August 2020







Birmingham Business Journal – Capstone Building Corp. plans $67M multifamily development in Huntsville

Business Alabama Capstone Starts $67M Multi-Family Development

Huntsville Business Journal $67 Million Multi-Family Development Planned near Research Park Boulevard – Capstone Building Corp. begins $67 million Huntsville apartment project 

May 2020

Hoover Sun – Capstone Building Corp. finds new home in Meadow Brook

The Homewood Star – Metro Roundup: Capstone Building Corp. finds new home in Meadow Brook

280 – Metro Roundup: Capstone Building Corp. finds new home in Meadow Brook

April 2020





 – Capstone Building Corp. moving to new headquarters @ 1200 Corporate Drive, Suite 350, Birmingham, AL  35242

Shelby County Reporter – Capstone Building Corp. relocates headquarters to Meadowbrook – Capstone Building Corp. moving to new headquarters


March 2020

Business Alabama – Multi-family Complex Rising in Gardendale – Dobbins Group developing Gardendale apartment complex

Birmingham Business Journal – Birmingham contractor finishes two multimillion luxury complexes

Business Alabama – Capstone Completes Luxury Apartment Developments

Knoxville Daily Sun – Knoxville has new $29 million luxury apartment development – Capstone Building completes Huntsville, Knoxville projects totaling $49 million


February 2020

Business Alabama –  Rocket City High Tech Apartments

Birmingham Business Journal – Birmingham contractor begins work on $40M Huntsville project

January 2020

Huntsville Business Journal – Bobo Development Closes Funding for Madison’s Alexandria Apartments

Birmingham Business Journal – How escalating construction costs are shaping CRE in Birmingham

Herndon Square Senior Groundbreaking

Capstone Building Corp. broke ground on a 97 unit Senior Living Facility in the heart of Atlanta, Georgia today.  The Honorable Keisha Lance Bottoms, Mayor of the City of Atlanta, was the keynote speaker.

January 7, 2020

Capstone Building


Building excellence starts with a strong FOUNDATION! Capstone Building Corp. is excited to announce that we have signed recent graduate of The Academy of Craft Training, Christian Arias, to join our team. We are glad to be a part of the start of a, sure to be, successful career. Congratulations graduates!


Capstone Building


May 1, 2019

Capstone Building Corps.


Bham firm to build master plan development in Georgia

January 25, 2019

Birmingham Business Journal


All the Bells and Whistles: $38.2 Million Luxury Apartment Development Planned for Balch Road

June 11, 2019

Huntsville Business Journal


Capstone Building Corp. to break ground on $38.2 million Huntsville luxury apartments

June 20, 2019


Capstone Building Corp. Announces New Luxury Development in Huntsville Market

July 02, 2019

Alabama Construction News


$45.6 million apartment complex going up at Wildwood

September 26, 2019


Birmingham contractor finishes Huntsville, Charlotte projects

October 08, 2019


Apartment complex delivers in Mallard Creek area

October 09, 2019

Charlotte Business Journal


Birmingham contractor completes Huntsville, Charlotte projects

October 10, 2019

Birmingham Business Journal


St. Petersburg Luxury Multifamily Project Lands $51M Financing

December 02, 2019

Multi-Housing News


Birmingham builder completes housing project in Georgia

December 03, 2019

Birmingham Business Journal


Construction Underway On 296 Apartments In Skyway Marina District

December 04, 2019


Love Funding Secures $50.9M HUD Construction Loan for St. Petersburg Apartment Community

December 10, 2019

Rebusiness Online


Birmingham Companies Finish Work on $45M development

September 2017

Birmingham Business Journal

40 Under 40 Winners

March 2017

Birmingham Business Journal

Top 40, Brandon Loyd

February 2016

Birmingham Business Journal

Business Alabama
Company Kudos

November 2016

Construction Equipment Guide
Atlanta’s Edgewood Community Sees Revitalization Project 

October 24, 2016

Alabama Construction News
Charlotte Multi-Family Development Receives Two National Awards

September 30, 2016
Birmingham construction company to start Atlanta revitalization project

August 10, 2016

Alabama Construction News
Capstone Building Corp. Breaks Ground on Multi-Family Housing Development

August 5, 2016

Multihousing News
New TOD at Atlanta MARTA Station

August 1, 2016

Birmingham Business Journal
Birmingham firm breaks ground on $33M Atlanta project

July 28, 2016

A Strong Foundation

July 22, 2016

Alabama Construction News
Rebuilding Alabama

April 20, 2016

Birmingham Business Journal
Popular online retailer coming to The Summit in Kentucky

March 29, 2016

The Birmingham 205

March 1, 2016

Alabama Historic Tax Credit explained by Chris Travis in Alabama Construction News

April 20, 2016

Chief Operating Officer, Chris Travis shares about Alabama’s historic tax credit program on Alabama Construction News. View his article here.

New Retailers in Lexington Project covered in Birmingham Business Journal 

March 29, 2016

Birmingham Business Journal detailsLexington development, The Summit at Fritz Farm and the new additions to their list of retailers. Read the article here for information about the project.

Extended Coverage of Lexington Project in Alabama Construction News 

December 23, 2015

Alabama Construction News highlights Lexington development, The Summit at Fritz Farm. Read the article here for additional information about the project partners and details.

Contract Advice by Chris Travis featured in Birmingham Business Journal

December 11, 2015

Birmingham Business Journal features tips from Chief Operating Officer, Chris Travis on the topic of contract negotiation. View the article here.

Lexington project highlighted in Birmingham Business Journal

December 10, 2015

Birmingham Business Journal features Birmingham firms contributing to the Summit at Fritz Farm development in Lexington, KY. Capstone Building Corp. is the main contractor on the multifamily portion of the project. Read more here.

Chris Travis featured in Alabama Construction News

December 3, 2015

Chris Travis, our Chief Operating Officer, describes the art of negotiating contracts in Alabama Construction News. Learn more in the link here.

Birmingham Business Journal features local multifamily firms

October 23, 2015

Birmingham Business Journal highlights partnership between Capstone Building Corp. and Dobbins Group LLC. Read more here.

Creekside at Providence begins leasing apartments

October 22, 2015

Leasing begins at Creekside at Providence in Mt. Juliet project. View photos from the $28 million multifamily community and read the article here.

Triad Business Journal features Capstone Building Corp. development, Plant 64

October 16, 2015

Winston-Salem, North Carolina project, Plant 64 was featured as the home of marketing firm, The Variablein the Triad Business Journal. View photos and read the article here.

Birmingham Business Journal ranks Capstone Building Corp. as one of Birmingham’s Fastest Growing Companies 

August 28, 2015

Capstone Building Corp. ranks 20th in Birmingham Business Journal‘s Fast Track 30 List of Birmingham’s Fastest-Growing Companies. See Capstone Building Corp.’s ranking here.

Fast Track 30 Feature on Jay Chapman in Birmingham Business Journal

August 24, 2015

Birmingham Business Journal features Jay Chapman, President of Capstone Building Corp., in its Fast Track 30 List of Birmingham’s Fastest-Growing Companies. Read the article here.

Michael Mummert featured in Alabama Construction News

August 20, 2015

Alabama Construction News features Michael Mummert’s insight and expertise on the preconstruction process in his bylined article “The Preconstruction Process: Budget, Constructability & Communication”. View Mummert’s article here.

Birmingham Business Journal Features the Completion of Legends at White Oak

August 19, 2015

Capstone Building Corp.’s project in Ooltewah, TN, Legends at White Oak was featured in the Birmingham Business Journal. Click here to read more.

B-Metro Magazine’s One-on-One: Michael Mummert

August 4, 2015

Vice President of Preconstruction and Estimating, Michael Mummert was interviewed by Highlands School’s Head of School, Kavita Vasil, for B-Metro Magazine’s One-on-One feature. To view the full video click here and to view the article, click here.

Business Alabama ranks Capstone Building Corp. as one of Alabama’s Largest Private Companies

July 27, 2015

Capstone Building Corp. was featured as one of Alabama’s Largest Private Companies in Business Alabama‘s July issue. To view the full list, click here.

Largest Privately Held Companies Ranking in the Birmingham Business Journal 

June 12, 2015

In the top list of Largest Privately Held Companies in Birmingham, Capstone Building Corp. ranks 44th. Information was obtained through KPMG LLP mailed surveys, online surveys and records from the Birmingham Business Journal.

Top General Contractors Ranking in the Birmingham Business Journal

May 22, 2015

Capstone Building Corp. ranks 15th in the top list of General Contractors in Birmingham. The list was complied by local employees and information was obtained from firm representatives through the Birmingham Business Journal.

Senior apartments builder receives environmental award, New Britain Herald

May 17, 2015

Capstone’s directof or quality control and safety, said the CO2 emmissions at Pennrose Properties, LLC‘s The Jefferson have been cut 118 metric tons, equivalent to growing 3,000 trees and avoiding the consumption of 275 barrels of oil. The Jefferson passed a list of criteria tested by third-party inspectors to receive the Energy Star certification.

Pennrose Companies’ property, The Jefferson receives the Energy Star rating

May 11, 2015

Capstone Building Corp., in partnership with Pennrose Properties, LLC, recently received the highly esteemed environmental award, an ENERGY STAR, for their multifamily development, The Jefferson, in New Britain, Conn. ENERGY STAR is a U.S. Environmental Protection Agency (EPA) voluntary program that helps businesses and individuals save money and protect our climate through superior energy efficiency. See the story on AL.comBusiness Alabama and the Birmingham Business Journal.

The Tennessean features Creekside at Providence, our Mt. Juliet project

May 10, 2015

Creekside at Providence is a $28 million project approved for 209 units in 14 buildings at the end of Providence Parkway in Mt. Juliet, TN. “The first occupants are expected to move in during July,” said Bill Dobbins, President of Dobbins Group, LLC, developing the project.

Welcome Ronnie Bennett, Senior Estimator

May 8, 2015

With over 34 years of experience in the construction industry, Ronnie Bennett joins Capstone Building Corp. as Senior Estimator. Bennett previously served for Servitas Student Housing as Chief Estimator. Bennett will be responsible for providing developers with preconstruction services and estimating costs for various projects. See his announcement on AL.comBusiness Alabama and Birmingham Business Journal.

Capstone’s Plant 64 project featured in Triad Business Journal

April 1, 2015

Former R.J. Reynolds Tobacco Co. warehouses, Plant 64 has been redeveloped by Philadelphia-based Pennrose Properties largely as a residential complex. But The Variable will take a space at East Fourth Street and Research Parkway that had initially been set aside for retail use. Within the next several weeks, Capstone Building Corp. will begin to upfit the space, which was designed by Commonwealth Architects. Arched ceilings of more than 20 feet will allow for the construction of what will initially be a small second tier for meeting space and could be expanded in the future to accommodate staffing growth.

Downtown digs, coast to coast

March 1, 2015

Jay Chapman provides Business Alabama insight on the downtown, multi-family housing boom from coast to coast.

Capstone Building Corp.’s Plant 64 Featured in Alabama Construction News

February 1, 2015

Old RJ Reynold’s building transformed into premiere multi-family housing in Winston-Salem, NC.

Business Alabama provides kudos on Moretti sale

February 1, 2015

Dobbins Group’s sale of The Moretti at Vulcan Park receives additional press from Business Alabama.

How Jay Chapman’s risks helped spawn a multifamily construction star

January 9, 2015

Jay Chapman, President of Capstone Building Corp. is featured in the Birmingham Business Journal‘s Executive Profile

Time to Go: Dobbins sells Alabama Community for $24 million

January 8, 2015

Multi Housing News takes an in depth look at the sale of The Moretti at Vulcan Park.

Brandon Loyd Promoted to Senior Project Manager

January 7, 2015

Serving Capstone Building Corp. for over 13 years, Brandon Loyd was recently promoted to Senior Project Manager. Brandon serves as the lead for projects across the U.S., including his current projects in Memphis, TN and Griffin, GA. See the full story with the Birmingham Business Journal.

Joe May Promoted to Senior Project Manager

January 7, 2015

Serving Capstone Building Corp. for over 9 years, Joe May was recently promoted to Senior Project Manager. Joe oversees multiple multi-family construction projects. His responsibilities include management of all field operations, client relationships and day-to-day management of individual projects. See the full story with AL.comand the Birmingham Business Journal and Alabama Construction News.

Eric Tweet Promoted to Senior Project Manager

January 7, 2015

With over 30 years in the construction industry, Eric Tweet was recently promoted to Senior Project Manager with Capstone Building Corp. Eric supervices construction projects in the multi-family industry throughout the U.S. See the full story with and the Birmingham Business Journal andAlabama Construction News.

Moretti at Vulcan Park, a Homewood apartment complex, sold for $24.6 million

January 7, 2015 discusses the recent sale of Capstone Building Corp,’s completed project in Homewood, AL

Moretti at Vulcan Park, featured as a top deal for Multi Housing News

January 7, 2015

Multi Housing News lists Capstone Building Corp.’s Moretti as deal of the day.

Moretti at Vulcan Park fetches $24 million in Sale

January 5, 2015

Birmingham Business Journal discusses details of Capstone Building Corp,’s completed Homewood, AL project

Multifamily Executive spotlights Plant 64 renovation

November 17, 2014

Multifamily Executive showcased Capstone Building Corp.’s mission to maintain the historical integrity of Plant 64 in Winston-Salem, NC.

Plant 64 featured in Multi-Housing News

November 7, 2014

Capstone Building Corp.’s work to redevelop Plant 64 in Winston-Salem, NC was featured on Multi-Housing News Online in mid-November. Chris Travis, Chief Operating Officer and Danny Stevens, Executive Vice President, provide insight into the project.

Capstone Building Corp. named Magic City Newsmaker

November 5, 2014

Capstone Building Corp.’s work on Plant 64 in Winston-Salem, NC made headlines as a Magic City Newsmaker in the Birmingham Business Journal.

Capstone Building Corp. signed as builder for Creekside at Providence

August 4, 2014

As announced by The Tennessean, Capstone Building Corp. was selected to work on a $28 million, 209-unit complex in Mount Juliet, TN’s Providence Central West community. The property will be called Creekside at Providence and is scheduled to open Summer 2015.

Capstone Building Corp. breaks ground on Charlotte, NC apartment complex

November 7, 2013

Charlotte Business Journal features 1100 South Boulevard ground breaking.

$32 million apartment complex rising in Ooltewah

September 24, 2013

Chattanooga Times Free Press discuss Capstone Building Corp.’s The Legends at White Oak

Plant 64 gets ok from historic commission

August 22, 2013

Winston-Salem Journal features Capstone Building Corp.’s historic renovation of old tobacco plant.

Construction begins on apartments near Hilltop House in Winston-Salem, NC

August 1, 2013

Triad Business Journal features Plant 64 as Birmingham, AL based Capstone Building Corp. begins construction.

Triad developers make the most of historic sites

July 19, 2013

Capstone Building Corp. plays integral role in renovation of historical building.

Capstone Building Corp. named General Contractor for Jefferson Heights Senior Residences

July 8, 2013

Engineering News Record discusses Capstone Building Corp.’s New Britain, CT development. The project consists of 70 senior housing units.

Plant 64 project files permit, ready to roll

June 7, 2013

Capstone Building Corp. named General Contractor for Winston-Salem, NC’s Plant 64.

Deal of the Year: The Villages at Lakeshore Crossings

April 26, 2013

Capstone Building Corp.’s project named Deal of the Year by Birmingham Business Journal.

Deal of the Year: Moretti at Vulcan Park

April 26, 2013

Capstone Building Corp.’s project named Deal of the Year by Birmingham Business Journal.

Multifamily breathes life into real estate industry

November 23, 2012

Birmingham Business Journal discusses Dobbins Group, LLC signing Capstone Building Corp. as General Contractor for The Moretti.

Apartment complex to be built near JeffCo Board of Education

September 20, 2012 features Capstone Building Corp.’s Moretti at Vulcan Park.

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