The Alabama Supreme Court's elegant old building in downtown Montgomery has been saved in an unusual swap between two state agencies.
The state Finance Department, which owned the building and surrounding land, is swapping it to the Retirement Systems of Alabama in return for the use of parking spaces in a parking deck owned by RSA in downtown Montgomery.
The state Supreme Court moved from the building 14 years ago into a new state judicial building. The old building, located in front of the Capitol, has been vacant since.
State Finance Director Jim Main said RSA director David Bronner has been an enthusiastic proponent of redeveloping downtown Montgomery and the deal reflects that.
The building was originally constructed in 1926 to serve as headquarters for the Scottish Rites Masonic Order. The state purchased it in 1932, and it was renovated in 1938.
In addition to the new office building planned by RSA, the pension program operates five other office buildings in downtown Montgomery, has another under construction, and is building a convention hotel in downtown.