Alabama A&M makes second offer to purchase Birmingham Southern campus

HUNTSVILLE, Ala. (WHNT) — Alabama A&M University (AAMU) has made a second offer to purchase the Birmingham-Southern College (BSC) campus.

According to an Alabama A&M spokesperson, a second, increased offer was made on June 14 for $65 million.

On May 1, Alabama A&M made an initial offer to purchase the BSC campus for $52 million. This included $22 million in cash and a $30 million investment in construction and maintenance improvements needed to reopen the doors and operate the entire campus.

Alabama A&M attributes the increase in the second offer to clearing any outstanding debt BSC may have.

“If another entity is selected, we will wish them well, knowing that we love the people of Birmingham and will continue to try to make a difference whenever we can in the future,” said Shannon Reeves, vice president of government affairs and external relations. .

AAMU also says it is committed to maintaining the entire property as an academic institution and bringing economic development and increased property values ​​to the surrounding neighborhoods.